4800 Wood Street, New City, Chicago, Illinois 60609
$225,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 10 |
| Baths: | 0 |
| Year Built: | 1906 |
| Property Taxes: | $2,743 |
| Days On Market: | 12 |
| Lot Size: | 0,00 |
Description
Excellent investment opportunity in Back Of The Yards! Currently setup as mixed use 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 tuck pointing. Each floor is approximately 3000 square 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 a possibility otherwise, CASH ONLY.
Property Specifics
| Multi-unit | |
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| 1906 | |
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| No | |
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| Cook | |
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| 12525430 | |
| 20072110230000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 8 Dec, 2025 | Under contract | $225,000 | MRED MLS |
| 1 Dec, 2025 | Listed for sale | $225,000 | MRED MLS |
Room Specifics
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
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Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
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Other Specifics
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| 3000 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $2,743 |
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Listing Provided By
eXp Realty
