Multifamily Housing
3220 North Wolcott Avenue Chicago, IL 60657
Details & Description
Price: $1,100,000
    Sun-filled corner building with south, east, and north exposure. All brick, legal 3-unit multi-family on 25x125 lot in Chicago’s North Center/Roscoe Village neighborhood. Additional studio apartment in the lower level with potential qualification under the City of Chicago’s pending Additional Dwelling Unit ordinance (ADU). The building has been undergone a major renovation including a gut rehab of the 3rd-floor unit and a new code-compliant deck. With the exception of the potential ADU unit, all apartments are two-bedroom, one-bath. All units are high quality, and the newly renovated third-floor apartment is perfect for an Owner's Unit. Units feature central A/C, hardwood flooring, with some featuring designer cabinets, quartz counters, stainless steel appliances. Private outdoor patio or decks for each unit, plus common patio pad in the back. Three car parking pad in the rear.This is a unique opportunity to own an incredible investment in this area!
    Additional Photos
    Listing Agents
    Tim Rasmussen

    O: 312-676-1875
    M: 312-953-4818
    trasmussen@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3220 North Wolcott Avenue

    Chicago, IL 60657

    Listing ID: 219743
    • 3220 North Wolcott Avenue Chicago, IL 60657 | for Sale | Photo 1
    • 3220 North Wolcott Avenue Chicago, IL 60657 | for Sale | Photo 2
    • 3220 North Wolcott Avenue Chicago, IL 60657 | for Sale | Photo 3
    • 3220 North Wolcott Avenue Chicago, IL 60657 | for Sale | Photo 4
    3220 North Wolcott Avenue | for Sale | Thumbnail 1
    3220 North Wolcott Avenue | for Sale | Thumbnail 2
    3220 North Wolcott Avenue | for Sale | Thumbnail 3
    3220 North Wolcott Avenue | for Sale | Thumbnail 4
    Building Size: 4,200 SF
    Lot Size: 0.072 AC
    Land Size: 3,125 SF
    Building $/SF: $261.90
    Land $/SF: $352.00
    Price
    $1,100,000
    Description

    Sun-filled corner building with south, east, and north exposure. All brick, legal 3-unit multi-family on 25x125 lot in Chicago’s North Center/Roscoe Village neighborhood. Additional studio apartment in the lower level with potential qualification under the City of Chicago’s pending Additional Dwelling Unit ordinance (ADU). The building has been undergone a major renovation including a gut rehab of the 3rd-floor unit and a new code-compliant deck. With the exception of the potential ADU unit, all apartments are two-bedroom, one-bath. All units are high quality, and the newly renovated third-floor apartment is perfect for an Owner's Unit. Units feature central A/C, hardwood flooring, with some featuring designer cabinets, quartz counters, stainless steel appliances. Private outdoor patio or decks for each unit, plus common patio pad in the back. Three car parking pad in the rear.

    This is a unique opportunity to own an incredible investment in this area!

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Chicago Area Market Trends

    Listing Demographics for 3220 North Wolcott Avenue Chicago, IL 60657

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population62,651583,9441,241,211
    Population Median Age323637
    Population by Age0-9 Yrs9233 (14%)59931 (10%)130477 (10%)
    10-19 Yrs4675 (7%)41377 (7%)107880 (8%)
    20-29 Yrs14017 (22%)140768 (24%)262316 (21%)
    30-39 Yrs15924 (25%)135878 (23%)257744 (20%)
    40-49 Yrs8427 (13%)73949 (12%)155371 (12%)
    50-59 Yrs5248 (8%)54582 (9%)131044 (10%)
    60-69 Yrs3026 (4%)41604 (7%)106505 (8%)
    70+ Yrs2102 (3%)35854 (6%)89874 (7%)
    Median HH Income$137,059$84,541$76,660
    Total Household Income< 24K1767 (6%)39226 (14%)96652 (17%)
    25-49K1902 (7%)40798 (15%)90729 (16%)
    50-74K2539 (10%)39357 (14%)80533 (14%)
    75-99K2865 (11%)32447 (12%)64091 (11%)
    100-199K8414 (33%)70226 (26%)135095 (24%)
    200K+7889 (31%)41477 (15%)77246 (14%)
    Highest Education LevelNo Diploma14813529897457
    Diploma or GED262553771134969
    Some College353147785115442
    Assoc. Degree11491842241726
    Bachelors Degree20408167407300427
    Higher Degree14732112372216099
    Total Housing Units28,377288,744610,013
    --Owner-Occupied13,839105,001225,311
    --Renter-Occupied11,537158,530319,036
    Owner-Occupied Values< 100K12525569486
    100-199K323982829436
    200-299K10061857647405
    300-399K20511890041826
    400-499K20311485328630
    500K+83044028868528
    Total Working Age Population50,070498,3451,049,989
    In Work Force42,307388,265766,314
    Not In Work Force7,764110,080283,675
    Workforce Employed41,313374,772730,693
    Workforce Unemployed98713,37135,318
    Civlian Workforce42,300388,142766,011
    Military Workforce6123303
    Total Households25,376263,530544,347
    Family Households13,197111,068245,487
    Non-Family Households12,179152,463298,860
    Married Couple11,14085,128179,700
    Other Family2,05625,94065,786
    Married w/Child6,19636,12270,077
    Single Male w/Child3212,8927,230
    Single Female w/Child7118,39521,949

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3220 North Wolcott Avenue in Chicago?
    The asking price for 3220 North Wolcott Avenue is $1,100,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 3220 North Wolcott Avenue in Chicago is 4,200 square feet
    How much land does the Chicago, IL property at 3220 North Wolcott Avenue include?
    3220 North Wolcott Avenue in Chicago includes 0.072 acres of land
    What is the population within 1 mile of 3220 North Wolcott Avenue in Chicago?
    The population within 1 mile of 3220 North Wolcott Avenue Chicago, IL 60657 is 62,651 people.
    Who do I contact for questions about 3220 North Wolcott Avenue?
    You should contact the listing agent, Tim Rasmussen, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 11
    Chicago O'Hare International Airport (ORD) 12
    General Mitchell International Airport (MKE) 70
    Price
    $1,100,000
    Listing Agent
    More listings from Tim Rasmussen
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