545 North Wood Street

Chicago, IL 60622

$1,000,000
Price
5
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Brilliantly designed legal 3 flat in West Town. Gut rehabbed in 2019, the condo quality units feature shaker cabinets with quartz countertops, elongated subway tile backsplash, SS appliances, in-unit w/d, HVAC, and tankless water heaters. The 2nd and 3rd floor apartments each have an en-suite bath, as well as a deck. Hardie board and brick exterior, and a two car parking pad. The building is fully leased and bringing in $6550 with some room for improvement. Quintessential armchair investment.

Property Details for 545 North Wood Street

Area
CHI - West Town
Ownership
Fee Simple
Num Of Parking Spaces
2
Heat/Fuel
Gas, Forced Air
City
Chicago

Property Details for 545 North Wood Street

StatusActive
MLS #10637067
Year Built1869
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Lot Size0.04 AC / 1,742 SF
Taxes$10,623.48 / year
Condo/Co-op Fees-
HOA Fees-
CountyCook County

Listing Agent

Contact Agent(s)

Location

Listing Agent

  1. Joe Kotoch

    Listing Agent

    Compass

    joe.kotoch@compass.com

    P: 773.270.2495

Building Information for 545 North Wood Street

Stories-Residences3Year Built1869Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$4,482 per month

30 year fixed, 3.51% Interest

Principal and Interest

$3,597

Property Taxes

$885

HOA Dues

$0

Similar Homes

Property Information for 545 North Wood Street

Interior Features
    Interior Features
  • Num Of Rooms: 12
  • Bedrooms All Levels: 5
  • Bedrooms Above Grade: 5
  • Bedrooms Below Grade: 0
  • Total Full Half Baths: 5
  • Num Of Full Baths: 5
    Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
    Basement Information
  • Basement Type: None
  • Basement Bathrooms: No
  • Basement Description: None
Property/Lot Information
    General Information
  • Property Type: Two to Four Units
  • General Information: None
  • Waterfront: No
  • North Coordinate: 545
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1800
  • Street Number Numeric: 545
  • Street Direction Prefix: North
  • Street Name: Wood
    Parking Information
  • Num Of Cars: 2
  • Parking Included in Price: Yes
  • Parking Type: Space/s
  • Parking Details: Assigned Spaces
  • Parking On Site: Yes
  • Parking Ownership: Owned
    Structure Information
  • New Construction YN: No
  • Total # Units in Building: 3
  • Age: 100+ Years
  • Exterior Building Type: Brick, Other
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2019
  • Year Built Numeric: 1869
  • Built Before 1978: Yes
    Location Information
  • Corporate Limits: Chicago
  • Directions: Corner of Wood and Ohio.
  • Township: West Chicago
    Lot Information
  • Acreage: 0
  • Lot Description: Corner
  • Lot Dimensions: 24.50' X 78'
  • Lot Size: Less Than .25 Acre
  • Zoning Type: MULTI
    School Information
  • Elementary School District: 299
  • Elementary School: Talcott Elementary School
  • Jr High Middle District: 299
  • High School District: 299
  • High School: Wells Community Academy Senior H
Multi-Unit 2-4 Information
    Building Information
  • Type Multi: 3 Flat
  • Num of Full Baths in Building: 5
  • Num of Half Baths in Building: 0
  • 3 Bedroom Unit In Bldg: No
    Unit 1 Information
  • Appliances/Features: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space
  • Num Of Full Baths: 1
  • Num Of Half Baths: 0
  • Floor 1 - Unit 1: 1
  • Rent: 1850
  • Sec Deposit: 0
  • Tenant Pays: Electric, Gas
  • Num Of Bdrms: 1
  • Num Of Rooms: 2
    Unit 2 Information
  • Appliances/Features: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
  • Num Of Full Baths: 2
  • Num Of Half Baths: 0
  • Floor 2 - Unit 2: 2
  • Rent: 2300
  • Sec Deposit: 0
  • Tenant Pays: Electric, Gas
  • Num Of Bdrms: 2
  • Num Of Rooms: 5
    Unit 3 Information
  • Appliances/Features: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space
  • Num Of Full Baths: 2
  • Num Of Half Baths: 0
  • Floor 3 - Unit 3: 3
  • Rent $: 2400
  • Sec Deposit: 0
  • Tenant Pays: Electric, Gas
  • Num Of Bdrms: 2
  • Num Of Rooms: 5
Multi-Unit 5+ Information
    Income / Expense Information
  • Gross Rental Income: 6550

Property History for 545 Wood St

DateEvent & SourcePriceAppreciation
Jun 24, 2020

Price Change

MRED #10637067

$1,000,000
May 26, 2020

Listed (Active)

MRED #10637067

May 26, 2020

Price Change

MRED #10637067

$1,050,000
DateEvent & SourcePrice
06/24/2020

Price Change

MRED #10637067

$1,000,000
05/26/2020

Listed (Active)

MRED #10637067

05/26/2020

Price Change

MRED #10637067

$1,050,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 545 North Wood Street

Taxable ValueLand$6,415Additions$50,801Total$57,216
Tax Record2018$10,623
Home Facts
Baths3Total Finished SqFt2,723 SqFtAbove Grade Finished SqFt2,723 SqFtStories3Lot Size1,887 SqFtStyleMulti-Family Res (5+ Units)Year Built1864CountyCOOKAPN17072200010000

Schools near 545 North Wood Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Talcott Elementary SchoolPublicPK-80.1 mi
5
Esperanza SchoolPrivate3-120.2 mi
NR
Golder College PrepCharter9-120.4 mi
8
Wells Community Academy High SchoolPublic9-120.5 mi
4

Talcott Elementary School

PK-8, 0.1 mi, Public

5

Esperanza School

3-12, 0.2 mi, Private

NR

Golder College Prep

9-12, 0.4 mi, Charter

8

Wells Community Academy High School

9-12, 0.5 mi, Public

4

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 Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

545 North Wood Street is a multi-family home for sale in Chicago, IL 60622. This property was listed for sale on March 2, 2020 by Compass at $1,000,000. It has been on the market for a total of 123 days and was last sold on March 7, 2019. This listing's school district is City Of Chicago School District 299. Nearby schools include Jackson A Elementary Language Academy, Vaughn Occupational High School and Bronzeville Scholastic High School. 545 North Wood Street is a 5-bed, 5-bath, multi-family home built in 1869. This address can also be written as 545 Wood St.

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. No financial or legal advice provided. Equal Housing Opportunity.

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