4800 South Wood Street

4800 South Wood Street

Chicago, IL 60609

$400,000
Price
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a front view of a building with lot of cars and trees
a front view of a building with cars parked
an empty room with wooden floor and a window
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an empty room with a window
a view of an empty room with wooden floor and a window
an empty room with wooden floor and windows
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an empty room with windows
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a bath room with a bath tub and a shower
a view of an empty room with window and wooden floor
an empty room with a window
an empty room with a window
a view of an empty room with a window
a room with a window
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an empty room with a window
a bathroom with a bathtub and shower
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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.
  1. Listed by Thomas Wagner • Mon Ami Realty LLC

Property Details for 4800 South Wood Street

Area
CHI - New City

Location

Listing Courtesy of Mon Ami Realty LLC
Add your commute
LISTING UPDATED: 02/24/2024 12:06 AM

Property Details for 4800 South Wood Street

StatusActive
MLS #11984171
Days on Market124
Taxes$26,737 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1908
Lot Size0.07 AC / 2,912 SF
CountyCook County

Location

Listing Courtesy of Mon Ami Realty LLC
Add your commute

Building Information for 4800 South Wood Street

Stories-Residences5Year Built1908Lot Size0.07 AC / 2,912 SF

Payment Calculator

$4,411 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,183

Property Taxes

$2,228

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4800 South Wood Street

General Information
Location and General Information
  • Geographic Locale: East/West Corridor,Chicago South,Chicago West,Chicago Southwest
  • Information: List Broker Must Accompany,Show-Call Listing Office,Show-Special Instructions,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 4
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 2912
  • Lot Size Square Feet: 2912.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/s
  • Building Area Total: 5172
  • # Of Offices: 0
  • # Of Stores: 3
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Possible Use: Commercial, Multi-Family
  • Public Document Count: 0
  • Photos Count: 32
Miscellaneous
  • Location: Corner,In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $500.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $1,000.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $500.00
  • Water Sewer Expense: $500.00

Property History for 4800 South Wood Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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 City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Chavez Elementary Multicultural Academy Center
Public - PK to 8
Richards Career Academy High School
Public - 9 to 12
Peace And Education Coalition High School
Public - 10 to 12
BACK OF THE YARDS IB HS
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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More information about 4800 South Wood Street, Chicago, IL 60609

4800 South Wood Street is a mixed use property for sale in Chicago, IL 60609. This property was listed for sale on February 18, 2024 by Mon Ami Realty LLC, it's currently listed at $400,000. It has been on the market for a total of 124 days and was last sold on July 26, 2019. This listing's school district is City Of Chicago School District 299. Nearby schools include Chavez Elementary Multicultural Academy Center, Richards Career Academy High School and Peace And Education Coalition High School. 4800 South Wood Street is a 0-bed, 0-bath, mixed use property built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mon Ami Realty LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.