IL
Cook
Chicago
60609
4311 S Wood Street
4311 S Wood Street, Chicago, IL 60609
Share Listing
Listing Type
Multi Family
Listing Status
Active
29
$239,900
Home Details for 4311 S Wood Street
Price
$239,900
Type
Residential Income
Bedrooms
8
Bathrooms
3.0
Square feet
NaN
Lot size acres
0.06
County
Cook
Total rooms
17
Garage
Basement
Crawl Space
Days on site
0
MLS Listing#
12530647
Property Description
BEST DEAL IN THE NEIGHBORHOOD - LEGAL 3 UNIT BUILDING IN THE MIDDLE OF EVERYTHING W/STABLE MONTH-TO-MONTH TENANTS IN UNIT #1 & UNIT #2. AMAZING OPPORTUNITY FOR AN OWNER OCCUPANT TO MOVE INTO THE VACANT JUST REMODELED TOP FLOOR UNIT #3 W/NEW PAINT, KITCHEN & BATH + BONUS FINISHED ATTIC ROOM (EXTRA BEDROOM or HOME OFFICE) & ATTIC STORAGE. *** PRO FORMA SHOWS OWNER OCCUPANT MAY BE ABLE TO PAY LESS THAN $750 A MONTH ON A 5% DOWN MORTGAGE AT PREVAILING RATES TO OWN THIS WHOLE BUILDING & LIVE IN THEIR OWN 3 BEDROOM UNIT. THIS IS A DON'T WALK ... RUN OPPORTUNITY NOT TO BE MISSED. *** INVESTOR STATS: 2 UNITS RENTED TO LONG TERM TENANTS ON MONTH TO MONTH LEASES. $700 FOR UNIT #1 & $1,450 FOR UNIT #2. VACANT UNIT #3 IS READY FOR IMMEDIATE MOVE-IN & SIMILAR FINISHED UNITS COMMAND ~$1,200. GROSS RENTS= $40,200 / EXPENSES=$16,496 / NET REVENUE=$23,704 / CAP RATE=10.09 / GRM=5.84 *** UNIT #2 REMODELED W/NEW KITCHEN, NEW WINDOWS, NEW FLOORING, NEW FURNACE & NEW HOT WATER HEATER IN 2016. BUILDING FEATURES NEWER ELECTRICAL SERVICE & BREAKER BOXES. SIDING, CONCRETE PAD IN PARKING AREA & SEWER LINE OUT TO STREET = 9 YEARS NEW. ROOF = 15 YEARS NEW. *** LIVE/INVEST IN THE HEART OF CHICAGO'S NEW CITY / BACK OF THE YARDS AREA W/EVERYTHING YOU NEED JUST MINUTES AWAY. *** DAVIS SQUARE PARK JUST A FEW BLOCKS AWAY W/SPORTS FIELDS, WALKING PATHS & GREEN SPACE & SHERMAN PARK ABOUT 5 MINUTES AWAY W/A BEAUTIFUL LAGOON, RECREATION CENTER & LANDSCAPED GROUNDS. *** SHOP AT NEARBY PETE'S FRESH MARKET ON 47TH, CERMAK FRESH MARKET ON PULASKI & LA HACIENDA PRODUCE FOR LOCAL SPECIALTIES. *** ENJOY POPULAR RESTAURANTS & CAFES SUCH AS BACK OF THE YARDS COFFEEHOUSE, NANDO'S TAQUERIA, LA CECINA, EL FAROL MEXICAN RESTAURANT, THE FAMOUS LOS COMALES & SO MUCH MORE. *** GET EVERYWHERE FAST: ~7 MINUTES TO I 90/94 DAN RYAN & ~10 MINUTES TO I 55. NEARBY TO CTA BUS ROUTES & THE 47TH STREET GREEN LINE STATION. ~15 TO 20 MINUTES TO DOWNTOWN & ~12 MINS TO MIDWAY AIRPORT. *** INCREDIBLE VALUE, CONVENIENCE & ACCESS FOR OWNER OCCUPANT LOOKING FOR AN AFFORDABLE UPDATED HOME & INCOME OR AN INVESTOR SEEKING STRONG RENTS & UPSIDE. *** PRO FORMA AVAILABLE UPON REQUEST - EASY TO SEE - SCHEDULE TO SEE TODAY - WON'T LAST LONG!
Property Features
Heating Information
- Natural Gas
- Forced Air
Parking
- Off Street
- Alley Access
Cooling Information
- Ceiling Fan(s)
Utilities
- Cable Available
Basement
- Crawl Space
Listing Courtesy: United Real Estate-Chicago - 630-748-4660
Based on information submitted to the MLS GRID as of 2025-12-16 13:23:41. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Last Updated: 2025-12-16 13:23:41
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT INFINITY REALTY
1621 W. Walnut St #100, Chicago, IL 60612Office
312 834 4383
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