$649,000

4831 Wright Terrace, Skokie, IL 60077

Active
8 beds 0 baths Built 1927 Residential Income MLS #MRD12742655 1 days on market
Listing courtesy of Baird & Warner · 708-697-5900 · MLS #MRD12742655 · Status: Active
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.
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Property details

Interior

Basement
Finished, Full
Total rooms
12

Building & exterior

Age
91-100 Years
Exterior
Brick

Parking

Garage spaces
2
Total spaces
2
Parking details
Yes, Garage Owned, Detached, Garage

Lot & location

Lot dimensions
30x124
Township
Niles
County
Cook

Utilities

Heating
Radiant
Water
Public
Sewer
Storm Sewer

Schools

Elementary
(69)
Junior high
(69)
High school
(219)

Taxes & terms

Annual taxes
$13,723 (2023)
Parcel number (PIN)
10212200180000
PIN
10212200180000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/25/2026

What would this home cost per month?

Using this listing's actual tax bill (2023) — adjust anything.

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Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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