$77.34 Per Sq Foot $2,147 est/mo Sourced by Back At You

4800 S Wood Street,Chicago, IL 60609

Chicago IL, 60609

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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.

Details

MLS#11984171
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1908
Days On Site101
Listing Provided ByMon Ami Realty LLC | Thomas Wagner

Features

SQ Feet5,172
Story(s)3
Units5
Acreage2912.00

Market Activity 60609

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI New City
Listing VS Median (in 60609)
Price:
$400,000
low | high
Med:
$330,000
67.5% of Average
SqFt:
5,172
low | high
Med:
2,500
100% of Average
$ / SqFt:
$77
low | high
Med:
$132
20.676% of Average
On Site:
101
low | high
Med:
25
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:14:25 PM PDT