4800 S Wood Street
Chicago, IL, 60609
$400,000
Beds
0 Baths
5,172 SqFt
0 Acres
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$400,000
4800 S Wood Street
Chicago, IL, 60609
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Excellent opportunity in Back Of The Yards! Large commercial space on ground floor, 4 residential apartments, full unfinished basement, plus full finished attic. Nearly $200K worth of work already completed including brand new roof, windows, and tuckpointing. Commercial space is approximately 1525sqft with 2 half baths. Space can be easily divisible into 2 storefronts – perfect size for a local nail salon, hairdresser, etc. Storefront rents projected at $1200 each and have access to full basement for additional storage. Residential apartments are currently 2-3 beds, 1 bath each. Take advantage of the full finished attic by creating duplex up apartments! Potential for (1) 2 bed 1 bath (Projected Rent: $1250) on 1st floor, and (3) 3 bed 2 bath duplex up units (Projected Rent: $2000) on 2nd floor. Projected Gross Annual Income of $115,800. 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.

Property Details

Price:
$400,000
MLS #:
MRD11984171
Status:
Active
Beds:
0
Baths:
0
Address:
4800 S Wood Street
Type:
Commercial
Subtype:
Apts/Stores
City:
Chicago
Listed Date:
Feb 18, 2024
State:
IL
Finished Sq Ft:
5,172
ZIP:
60609
Year Built:
1908

Schools

Interior

Cooling
Central Air

Exterior

Financial

Buyer Agent Compensation
2.5% MINUS $300Gross Sale Price
Tax Year
2022
Taxes
$26,737
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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4800 S Wood Street
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