4831 Wright Terrace, Skokie, IL
  • $649,000

Description

A rare opportunity to own a renovated brick 2-flat. Live in one unit, rent the other, and let your tenants cover some of your expenses. If you are an investor seeking strong cash flow, this property delivers both lifestyle and financial value. The first and second floor units each offer three spacious bedrooms, generously sized living rooms, and separate dining areas – an inviting layout perfect for everyday living and entertaining. Both units have been upgraded with cherry kitchen cabinets, stainless steel appliances, and granite countertops, along with beautifully refreshed bathrooms and rich hardwood floors throughout, adding warmth and character to every room. The lower level has been transformed into a versatile in-law suite, featuring two bedrooms, a full bathroom, a living room, and a dedicated laundry room designed for both comfort and flexibility. Ideally situated just outside the city, the property offers easy access to public transportation, shopping, and everyday conveniences. A park directly behind the property provides a peaceful, natural backdrop, a welcome retreat from the pace of city life. This is a rare find that combines classic charm, modern finishes, and exceptional income potential. Schedule your showing today because opportunities like this don’t last long.

  • Listing Courtesy of: Baird & Warner

Details

Updated on June 5, 2026 at 2:42 am
  • Property ID MRD12653153
  • Price $649,000
  • Bedrooms 8
  • Garages 2
  • Year Built 1927
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 2
  • Parcel Number 10212200180000
  • Water Source Public
  • Sewer Storm Sewer
  • MLS Status New
  • Cumulative Days On Market 2
  • Tax Annual Amount 13723
  • Heating Radiant
  • Parking Features Yes,Garage Owned,Detached,Garage
  • Directions Merge onto IL-58 E/Dempster Street, turn right onto Skokie Blvd, turn right onto Wright Terrace, destination will be on the left.
  • Address 4831 Wright Terrace
  • City Skokie
  • State/county IL
  • Zip/Postal Code 60077
  • Country United States

Overview

Property ID: MRD12653153
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 2
  • Garages
  • 1927
  • Year Built

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