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4800 S Wood Street, Chicago, IL 60609
4800 S Wood Street, Chicago, IL 60609
  • $400,000

Overview

Property ID: 11984171
  • Commercial Sale
  • Property Type
  • 5172
  • 1908
  • Year Built

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.

  • Address 4800 S Wood Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60609
  • Area CHI - New City

Details

Updated on August 17, 2024 at 8:29 am
  • Property ID: 11984171
  • Price: $400,000
  • Property Size: 5172
  • Garage Size: x x
  • Year Built: 1908
  • Property Type: Commercial Sale
  • Property Status: Active

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