$400,000
4800 S Wood Street
Chicago, IL, 60609
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
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Mon Ami Realty LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
4800 S Wood Street
Chicago, IL
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