Art Property Management Logo

Properties

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.

Features
: Central Air
: Circuit Breakers
Address Map
US
IL
Cook
Chicago
60609
Wood
4800
Street
0
E0° 0' 0''
N0° 0' 0''
47th St to south on S Wood St to SW corner of W 48th St.
CHI - New City
S
MLS Addon
Mon Ami Realty LLC
Thomas Wagner
6
MRD888382
MRD86719
Active
20072110230000
2022

Commercial Sale For Sale

4800 Wood Street, Chicago, Illinois 60609

2,912 Sqft
$400,000
Listing ID #MRD11984171
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : MRD11984171
Price : $400,000
Year Built : 1908
Lot Size : 2,912 Sqft
Association Fee : $0
Lot Size Dimensions : 2912
Property Sub Type : Apts/stores
Standard Status : Active
Tax Amount (Annual) : $26,737
Lease Amount : $0
TotalActualRent : $0
Agent info
Art Property Management
Contact Agent