4800 S Wood Street Chicago, IL 60609
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyCook
- Taxes$26,736
- HOA/Condo/Coop Fees$0
- Days on Site45 Days
- MLS StatusActive
- MLS ID Number11984171
- Home Size Source N/A
- Year Built1908
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Electric Circuit Breakers
- Number of Stories 3
- Property Sub Type Mixed Use
- Number Of Stories 3
Interior Features
- Cooling Central Air
Community Features
- MLS Area CHI - New City