23
See all 23 photos
$225,000
Est. payment /mo
10 Beds
Active Under Contract
4800 S Wood Street Chicago, IL 60609
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12525430
Bedrooms 10
Year Built 1906
Annual Tax Amount $2,743
Tax Year 2023
Lot Dimensions 3000
Property Sub-Type Two to Four Units
Property Description
Excellent investment opportunity in Back Of The Yards! Currently setup as mixed use with retail space on front portion of lower level plus single residential unit in the rear. Second floor is setup with 3 apartments and walkup finished attic for additional potential living space. Currently zoned RS3 (pure multi family) with potential to rezone for mixed use. Old retail space can be easily divisible into 2 storefronts with successful rezoning - perfect size for a local nail salon, hairdresser, etc. Other option is to convert the old retail space into a large apartment to create a HUGE 4 unit property. Full unfinished basement, plus full finished attic. Nearly $200K worth of work already completed including brand new roof, windows, and tuck pointing. Each floor is approximately 3000 square feet and would allow for a wide variety of floor plans. Take advantage of the full finished attic by creating duplex up apartments. Great location within close proximity to multiple supermarkets, shopping on 47th and Ashland, Davis Park, I-90 Expressway, Western Orange Line just 1 mile away. Seller financing is a possibility otherwise, CASH ONLY.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Forced Air
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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