545 North Wood Street

Chicago, IL 60622

$960,000
Last Sold 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.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.

Listing Agent

  1. Joe Kotoch

    Joe Kotoch

    Listing Agent

    Compass

    joe.kotoch@compass.com

    P: 773.270.2495

Property Details for 545 North Wood Street

Area
CHI - West Town
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

Sold By Berkshire Hathaway HomeServices Chicago

Add your commute
LISTING UPDATED: 05/05/2021 08:55 AM

Property Details for 545 North Wood Street

StatusClosed
MLS #10637067
Days on Market212
Taxes$10,623 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1869
Lot Size0.04 AC / 1,742 SF
CountyCook County

Location

Sold By Berkshire Hathaway HomeServices Chicago

Add your commute

Building Information for 545 North Wood Street

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

Payment Calculator

$6,124 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,239

Property Taxes

$885

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 545 North Wood Street

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Talcott Elementary School
  • High School District: 299
  • High School: Wells Community Academy Senior H
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Num of Baths: 5.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2019
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Corner Lot
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24.50' X 78'
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick, Other
  • General Information: None
  • North Coordinate: 545
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1800
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2020-03-02T17:54:15
  • Photos Count: 16
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 06-18-2020
Multi Family
Income & Expenses
  • Gross Income: $6,550.00
Unit 1
  • Unit Type Actual Rent: $1,850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 2
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space
  • Lease Exp Date (Mo/Yr) - Unit 1: 10-20-2024
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric, Gas
Unit 2
  • Unit Type Actual Rent: $2,300.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 5
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 2
  • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
  • Lease Exp Date (Mo/Yr) - Unit 2: 03-21-2024
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: Electric, Gas
Unit 3
  • Unit Type Actual Rent: $2,400.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Floor # - Unit 3: 3
  • # Of Rooms - Unit 3: 5
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 2
  • Appliances/Features Unit 3: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space
  • Lease Exp Date (Mo/Yr) - Unit 3: 03-21-2024
  • Sec Deposit $ - Unit 3: 0
  • Tenant Pays - Unit 3: Electric, Gas

Property History for 545 North 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 545 North Wood Street

Taxable ValueLand$11,322Additions$49,096Total$60,418
Tax Record2022$12,427 ($1,036 / month)
Home Facts
Baths3Total Finished SqFt2,723 SqFtAbove Grade Finished SqFt2,723 SqFtStories3Lot Size1,887 SqFtStyleMulti-Family Res (5+ Units)Year Built1867CountyCOOKAPN17-07-220-001

Schools near 545 North Wood Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Public - PK to 5
Rating
School
Distance
Talcott Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Golder College Prep
Charter9 to 12

Rudolph Elementary Learning Center
PublicPK to 5

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

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

Similar Sold Homes

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

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.

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.