1816 Wood Street, Logan Square, Chicago, Illinois 60622
$1,256,000
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1892 |
| Property Taxes: | $21,744 |
| Days On Market: | 635 |
| Lot Size: | 0,00 |
Description
Presenting 1816 North Wood Street FOR SALE. Great opportunity to acquire a remodeled 3-Flat in Bucktown with two duplexes! All mechanicals and appliances have been updated with a few units successfully used recently for short term rentals. Easy street parking and great access to the Bloomingdale Trail, Expressways, and public transportation makes this a prime Chicago Location. Property also boasts a 2-Car garage that may be rented for additional income. Gross Income of $100,400 is based on long term rentals at market rents. $3,200 per Duplex and $2000 monthly for 2nd floor unit. Possible Loan Assumption with advantageous terms for the right qualified buyer with a strong offer PROPERTY HIGHLIGHTS- Two Large Duplex 3bed/2ba Units (Duplex Up/Duplex Down); One 2bed/1ba Simplex; All Units on HVAC; Minimal Landlord Expenses; Units Have Been Upgraded and Modernized; All Units Include Washer & Dryer; Hardwood Floors; Two Car Garage; Previously Used for Short Term Rental; Easily Rented for Top of Market yearly Rents
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1892 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11970110 | |
| 14314110340000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 12 May, 2012 | Sold | $637,200 | MRED MLS |
| 18 Mar, 2012 | Under contract | $649,000 | MRED MLS |
| 27 Feb, 2012 | Listed for sale | $649,000 | MRED MLS |
| 22 Jul, 2016 | Under contract | $0 | MRED MLS |
| 12 Jul, 2016 | Listed for sale | $0 | MRED MLS |
| 16 Mar, 2018 | Under contract | $0 | MRED MLS |
| 18 Jan, 2018 | Listed for sale | $0 | MRED MLS |
| 13 Mar, 2024 | Sold | $1,256,000 | MRED MLS |
| 6 Feb, 2024 | Under contract | $1,200,000 | MRED MLS |
| 30 Jan, 2024 | Listed for sale | $1,200,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
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Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished
Other Specifics
| 2 | |
| — | |
| — | |
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| 25 X 100 | |
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| Not in DB | |
| — | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2012 | $9,929 |
| 2024 | $21,744 |
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Listing Provided By
Jameson Commercial
