5418 South Wood Street

Chicago, IL 60609

$265,000
Price
8
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor Opportunity-This Well-Maintained 2 Flat Located on A Quiet Tree Lined Street. Each Unit has 4 Bedroom/1 Bath Fully Rented. First Floor Unit Newly Rehabbed, Flooded with Natural Light, Updated Kitchen with Stainless Steel Appliances & all New Flooring. Great Cash Flow! Property Sold As/Is. 2nd Floor Unit Hasn't been Remodeled but is in Good Condition & has a long-term tenant. Separate Furnaces for each unit & 1 Hot Water Heater for the Entire Building. Full Unfinished Basement, Providing...Investor Opportunity-This Well-Maintained 2 Flat Located on A Quiet Tree Lined Street. Each Unit has 4 Bedroom/1 Bath Fully Rented. First Floor Unit Newly Rehabbed, Flooded with Natural Light, Updated Kitchen with Stainless Steel Appliances & all New Flooring. Great Cash Flow! Property Sold As/Is. 2nd Floor Unit Hasn't been Remodeled but is in Good Condition & has a long-term tenant. Separate Furnaces for each unit & 1 Hot Water Heater for the Entire Building. Full Unfinished Basement, Providing the Potential to Add Coin Laundry for Extra Income. This Property is an Ideal Addition to Your Portfolio, with Both Units Currently Rented, Generating a Total Income of $2300/Month. With Low taxes and Minimal Maintenance requirements, it Offers a Hassle-Free Investment Opportunity. Seize the Opportunity to Capitalize on the Current Trend of Declining Mortgage Interest Rates! Call To Schedule Your Private Showing.
  1. Listed by Christy Clayborn • Equitable Investment Group Inc

Property Details for 5418 South Wood Street

Area
CHI - New City
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Parking Included in Price
No
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

Listing Courtesy of Equitable Investment Group Inc
Add your commute
LISTING UPDATED: 04/10/2024 12:07 AM

Property Details for 5418 South Wood Street

StatusActive
MLS #11953312
Days on Market129
Taxes$1,801 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1903
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

Listing Courtesy of Equitable Investment Group Inc
Add your commute

Building Information for 5418 South Wood Street

Stories-Residences2Year Built1903Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$1,596 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,446

Property Taxes

$150

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5418 South Wood Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Soaking Tub
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: CO Detectors
Property/Lot Information
  • Exterior Property Features: Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2021
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 5408
  • East Coordinate: 0
  • West Coordinate: 1700
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 0
  • Photos Count: 14
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $972.00
  • Gross Income: $2,250.00
  • Electric Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Water Expense Source: Actual
  • Professional Management Expense: $.00
  • Water Sewer Expense: $644.00
Unit 1
  • Unit Type Actual Rent: $1,374.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 01/25
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 07/25

Property History for 5418 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 5418 South Wood Street

Taxable ValueLand$2,015Additions$6,693Total$8,708
Tax Record2022$1,801 ($150 / month)
Home Facts
Baths2Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories2Lot Size3,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1906CountyCOOKAPN20-07-427-021

Schools near 5418 South Wood Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 10 to 12
Charter - K to 8
Charter - K to 12
Rating
School
Distance
Fulton Elementary School
PublicPK to 8

CICS Basil
CharterK to 8

Horzion Sci Acad - Southwest Chtr
CharterK 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.

Similar Homes

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5418 South Wood Street is a multi-family home for sale in Chicago, IL 60609. This property was listed for sale on December 30, 2023 by Equitable Investment Group Inc, it's currently listed at $265,000. It has been on the market for a total of 129 days and was last sold on February 18, 2020. This listing's school district is City Of Chicago School District 299. Nearby schools include Fulton Elementary School, Peace And Education Coalition High School and CICS Basil. 5418 South Wood Street is a 8-bed, 2-bath, multi-family home built in 1903.

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 Equitable Investment Group Inc

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.