Contact us: 563.441.1776
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.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 1
County: Cook
Listed By:
Baird & Warner
708-697-5900
MRED MLS
MLS ID: 12742655
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4831 Wright Terrace, Skokie, IL 60077.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $649,000 | $649,000 | $649,000 |
| Down Payment | $129,800 | $22,715 | $162,250 |
| Monthly Mortgage Amount | $3,282 | $4,028 | $4,075 |
| Taxes | $903 | $903 | $903 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $286 | $0 |
| Monthly Estimated Total | $4,374 | $5,406 | $5,167 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 09/09/2026. The listing information on this page last changed on 09/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/09/2026 12:00:22 AM EST) or MRED MLS (last updated Tue 09/08/2026 11:58:02 PM EST) or SCWMLS (last updated Tue 09/08/2026 11:55:01 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 09/08/2026 10:15:20 PM EST) or Cedar Rapids MLS (last updated Tue 09/08/2026 10:44:13 PM EST) or NEIRBR MLS (last updated Tue 09/08/2026 11:58:39 PM EST) or ICAAR MLS (last updated Tue 09/08/2026 11:37:27 PM EST) or ECIMLS (last updated Tue 09/08/2026 11:44:32 PM EST) or RMLSA (last updated Tue 09/08/2026 11:50:55 PM EST) or Muscatine MLS (last updated Tue 09/08/2026 11:45:09 PM EST) or No Coast MLS (last updated Tue 09/08/2026 11:54:19 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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