4800 South Wood Street, Chicago, IL

$375,000

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About 4800 South Wood Street

Excellent investment opportunity in Back Of The Yards! Currently setup with retail space on front portion of lower level plus single residential unit in the rear. Second floor is setup with 3 apartments and walkup finished attic for additional potential living space. Currently zoned RS3 (pure multi family) with potential to rezone for mixed use. Old retail space can be easily divisible into 2 storefronts with successful rezoning - perfect size for a local nail salon, hairdresser, etc. Other option is to convert the old retail space into a large apartment to create a HUGE 4 unit property. Full unfinished basement, plus full finished attic. Nearly $200K worth of work already completed including brand new roof, windows, and tuckpointing. Each floor is approx 3000 sq feet and would allow for a wide variety of floor plans. Take advantage of the full finished attic by creating duplex up apartments. 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. Seller financing is available.

Features of 4800 South Wood Street

MLS® # 12407043
Price $375,000
Bathrooms 0.00
Acres 0.00
Year Built 1908
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 4800 South Wood Street
Area CHI - New City
City Chicago
County Cook
State IL
Zip Code 60609

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 111
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty
Contact Info888-574-9405

Listing Map

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