4831 Wright Terrace, Skokie, IL 60077
Local realty services provided by:ERA Naper Realty
Listed by: sheila price
Office: baird & warner
MLS#:12742655
Source:MLSNI
Price summary
- Price:$649,000
About this home
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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Home facts
- Year built:1927
- Listing ID #:12742655
- Updated:September 06, 2026 at 11:02 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:12
- Basement Description:Finished, Full
Heating and cooling
- Heating:Radiant
Structure and exterior
- Year built:1927
Utilities
- Water:Public
Finances and disclosures
- Price:$649,000
- Tax amount:$13,723 (2023)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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