3721 N Wolcott AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60613
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12425178
Style Victorian
Bedrooms 4
Year Built 1920
Annual Tax Amount $15,234
Tax Year 2023
Lot Dimensions 25 X 121
Property Sub-Type Two to Four Units
Property Description
This North Center property B1-1 zoning Property Highlights Brick 2-flat in the highly desirable Bell School District 90s-era kitchens and baths-ripe for renovation First floor duplexed to basement, offering extra space Washer/dryer in both units and enclosed back porches No garage or parking, which may affect resale or rental appeal Sold as-is, so budget for updates or repairs Zoning: B1-1 (Neighborhood Shopping District) This zoning is flexible and allows for: Residential units above ground-floor commercial (though this property is already residential) Conversion to single-family is possible under B1-1 Retail or office use on the ground floor if desired in future Max building height: 38 ft Density: 1 dwelling unit per 2,500 sq ft of lot area Setbacks: Minimal unless adjacent to residential-zoned lots Renovation or Redevelopment Ideas Keep as a 2-flat for rental income-update kitchens/baths for higher rents Convert to a single-family home with spacious layout Add parking if feasible (check with city on alley access or zoning variances) Explore mixed-use if you want to add a small business component If you're thinking about resale, rental strategy, or development, I can help you run numbers or brainstorm design ideas.
Location
State IL
County Cook
Area Chi - North Center
Zoning MULTI
Rooms
Basement Partially Finished,Exterior Entry,Walk-Out Access
Interior
Heating Natural Gas,Forced Air
Fireplace N
Exterior
Roof Type Flat
Building
Lot Description Irregular Lot
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan,Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Bell Elementary School
High Schools Lake View High School
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany