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8220 S Wolcott Ave
Multi-Family
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$170,000

8220 S Wolcott Ave, Chicago

86% below median
4 bd·2 ba·0 sqft
Built 1893Auburn Gresham

8220 S Wolcott Ave, Chicago, IL

4 bd · 2 ba · 0 sqft Multi-Family listed at $170,000, built in 1893 in the Auburn Gresham neighborhood.

About this home

Fantastic opportunity in Auburn Gresham! Bring your design ideas to this modestly updated 2-unit property. Well cared for and filled with charming vintage details, the building offers great natural light and excellent curb appeal. The basement includes a small mechanical area only. The spacious backyard is perfect for gardening or outdoor entertaining-add fencing for privacy or convert the space to parking for added convenience. So many possibilities! One unit includes window A/C, and both units have baseboard heat. Appliances include one microwave (downstairs), one refrigerator, and a stove. A sump pump is also on the property. Live in one unit and rent the other, or rent out both for a solid investment. Property is sold as-is, but inspections are welcome. Conveniently located near shopping, dining, and public transportation. A great value with endless potential!

Property details

Price
$170,000
Bedrooms
4
Bathrooms
2
Year built
1893
Type
Multi-Family
Days on market
177
Est. property tax
$3,536/yr · $295/mo · 2.08% IL avg
Last sold
$38,000 · Oct 1985

Estimated monthly payment

Down payment20% ($34,000)
Interest rate6.75%
Principal & Interest$882
Property Tax$156
Insurance$150
Total$1,188/mo

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Price history

▼ 10.1%Most recent change on 2026-02-24: $189,000 → $170,000.

$227K$124K$21K$38K on Oct 85 (Sold)$210K on Aug 25 (Initial list)$205K on Aug 25 (Price change)$205K on Oct 25 (Initial list)$200K on Oct 25 (Price change)$189K on Oct 25 (Initial list)$170K on Feb 26 (Price change)
$38K · Oct 85$170K · Feb 26
  1. Feb 24, 2026$170,000Price change
  2. Oct 31, 2025$189,000Initial list price
  3. Oct 9, 2025$199,900Price change
  4. Oct 4, 2025$205,000Initial list price
  5. Aug 20, 2025$205,000Price change
  6. Aug 7, 2025$210,000Initial list price
  7. Oct 1, 1985$38,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 8220 S Wolcott Ave, Chicago
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Home Intelligence

Neighborhood (zip 60620)

Median age is 39.1; 12% hold a bachelor's degree; 49% of homes are owner-occupied; median household income is $46,472.

Median income
$46,472
Median age
39.1
Owner-occupied
48.6%
Bachelor's degree
11.9%
Census median home value
$177,500

Source: US Census Bureau American Community Survey 5-year estimates.

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