4800 South Wood Street
$400,000
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Description
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...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.
- Listed by Thomas Wagner • Mon Ami Realty LLC
Property Details for 4800 South Wood Street
Area
CHI - New City
LISTING UPDATED: 08/17/2024 03:29 AM
Property Details for 4800 South Wood Street
Status | Active |
---|---|
MLS # | 11984171 |
Days on Market | 306 |
Taxes | $26,737 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1908 |
Lot Size | 0.07 AC / 2,912 SF |
County | Cook County |
Building Information for 4800 South Wood Street
Stories3Residences5Year Built1908Lot Size0.07 AC / 2,912 SF
Property Information for 4800 South Wood Street
Property History for 4800 South Wood Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4800 South Wood Street
Taxable ValueLand$2,329Additions$10,670Total$12,999
Tax Record2022$2,674 ($223 / month)
Home Facts
Baths2.5Total Finished SqFt5,172 SqFtAbove Grade Finished SqFt5,172 SqFtStories2Lot Size2,912 SqFtStyleMulti-Family Res (5+ Units)Year Built1906CountyCOOKAPN20-07-211-023
Schools near 4800 South Wood Street
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 10 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Chavez Elementary Multicultural Academy Center PublicPK to 8 | ||
Richards Career Academy High School Public9 to 12 | ||
Peace And Education Coalition High School Public10 to 12 | ||
BACK OF THE YARDS IB HS Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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