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4831 Wright Terrace , Skokie, IL 60077
$649,000
Est. Payment: $3,482.19/mo
8 Bed
1 Bath
Status: active | Days on site: 7
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90140 - 900803
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House 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.

Highlights

Listed by Sheila Price , 708-218-5140 Baird & Warner , 708-697-5900. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Year Built

1927

County

Cook

Area

Skokie

School District

69

Listing ID

12742655

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:1
Basement:Finished,Full
Water:Public

Exterior Features

Lot Dimensions:30x124
Garage Capacity:2
Sewer:Storm Sewer
Parking Features:Yes,Garage Owned,Detached,Garage
Principal Interest
$3,482
Taxes
$1,144

Home Price

$649,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$129,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,482.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,482.19 $1,143.58 $0.00 $4,625.77
Yearly $41,786.29 $13,723.00 $0.00 $55,509.29
Total $1,253,588.72 $411,690.00 $0.00 $1,665,278.72
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Skokie, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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