Chicago, IL 60609,4800 S Wood ST
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Chicago, IL 60609,4800 S Wood ST
Chicago, IL 60609,4800 S Wood ST
Chicago, IL 60609,4800 S Wood ST
Chicago, IL 60609,4800 S Wood ST
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$ 400,000
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Active

4800 S Wood ST Chicago, IL 60609

5,172 SqFt


UPDATED:

08/17/2024 08:29 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,172 sqft

Price per Sqft $77

MLS Listing ID 11984171

Year Built 1908

Annual Tax Amount $26,736

Tax Year 2022

Lot Dimensions 2912

Property 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 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.

Location

State IL

County Cook

Area Chi - New City

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 3


Midwest Real Estate Data (MRED) IDX
Listed by Thomas Wagner • Mon Ami Realty LLC

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4800 S Wood ST