About This Home

This 8-bedroom, 1-bathroom single family at 4831 Wright Terrace in Skokie, IL is listed for $649,000. Built in 1927, on a N/A lot.

Key Features

  • Built in 1927

Property Details

1 full
1927
Listing 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.

Monthly Cost Estimate

$3,471/mo

20% down · 6.5% · 30 years

Principal$469
Interest$2,812
Insurance$189

Estimates only. Actual payments may vary.

Location

4831 Wright Terrace

Skokie, IL 60077

Questions & Answers

This 8-bedroom, 1-bathroom single family at 4831 Wright Terrace is listed at $649,000. The estimated monthly payment is $3,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927.

This property is listed by Sheila Price and can be reached at 7082185140.

SP

Sheila Price

Agent at Baird & Warner Real Estate

(708) 218-5140

Listed by Baird & Warner Real Estate · Broker phone: 7086975900

MLS# 12742655· Source: Baird & Warner Real Estate· 33 days on PropertySimple

Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4831 Wright Terrace, Skokie, IL 60077

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