4311 S Wood St, Chicago, IL

Name: 4311 S Wood St, For Sale in Chicago - eXp Realty
Brand: United Real Estate-Chicago
SKU: 12530647
Price: 239900 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$239,900

832

MLS® 12530647

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage No

Taxes $3,632

Days Active 0

Lot Size 0.06 acres

Approx. Age

MLS® Number 12530647

Property Address: 4311 S Wood St, Chicago, IL, 60609-3191

Average square foot calculated using Size range provided by listing agent.

Description

BEST DEAL IN THE NEIGHBORHOOD - LEGAL 3 UNIT BUILDING IN THE MIDDLE OF EVERYTHING W/STABLE MONTH-TO-MONTH TENANTS IN UNIT #1 & UNIT #2. AMAZING OPPORTUNITY FOR AN OWNER OCCUPANT TO MOVE INTO THE VACANT JUST REMODELED TOP FLOOR UNIT #3 W/NEW PAINT, KITCHEN & BATH + BONUS FINISHED ATTIC ROOM (EXTRA BEDROOM or HOME OFFICE) & ATTIC STORAGE. *** PRO FORMA SHOWS OWNER OCCUPANT MAY BE ABLE TO PAY LESS THAN $750 A MONTH ON A 5% DOWN MORTGAGE AT PREVAILING RATES TO OWN THIS WHOLE BUILDING & LIVE IN THEIR OWN 3 BEDROOM UNIT. THIS IS A DON'T WALK ... RUN OPPORTUNITY NOT TO BE MISSED. *** INVESTOR STATS: 2 UNITS RENTED TO LONG TERM TENANTS ON MONTH TO MONTH LEASES. $700 FOR UNIT #1 & $1, 450 FOR UNIT #2. VACANT UNIT #3 IS READY FOR IMMEDIATE MOVE-IN & SIMILAR FINISHED UNITS COMMAND ~$1, 200. GROSS RENTS= $40, 200 / EXPENSES=$16, 496 / NET REVENUE=$23, 704 / CAP RATE=10.09 / GRM=5.84 *** UNIT #2 REMODELED W/NEW KITCHEN, NEW WINDOWS, NEW FLOORING, NEW FURNACE & NEW HOT WATER HEATER IN 2016. BUILDING FEATURES NEWER ELECTRICAL SERVICE & BREAKER BOXES. SIDING, CONCRETE PAD IN PARKING AREA & SEWER LINE OUT TO STREET = 9 YEARS NEW. ROOF = 15 YEARS NEW. *** LIVE/INVEST IN THE HEART OF CHICAGO'S NEW CITY / BACK OF THE YARDS AREA W/EVERYTHING YOU NEED JUST MINUTES AWAY. *** DAVIS SQUARE PARK JUST A FEW BLOCKS AWAY W/SPORTS FIELDS, WALKING PATHS & GREEN SPACE & SHERMAN PARK ABOUT 5 MINUTES AWAY W/A BEAUTIFUL LAGOON, RECREATION CENTER & LANDSCAPED GROUNDS. *** SHOP AT NEARBY PETE'S FRESH MARKET ON 47TH, CERMAK FRESH MARKET ON PULASKI & LA HACIENDA PRODUCE FOR LOCAL SPECIALTIES. *** ENJOY POPULAR RESTAURANTS & CAFES SUCH AS BACK OF THE YARDS COFFEEHOUSE, NANDO'S TAQUERIA, LA CECINA, EL FAROL MEXICAN RESTAURANT, THE FAMOUS LOS COMALES & SO MUCH MORE. *** GET EVERYWHERE FAST: ~7 MINUTES TO I 90/94 DAN RYAN & ~10 MINUTES TO I 55. NEARBY TO CTA BUS ROUTES & THE 47TH STREET GREEN LINE STATION. ~15 TO 20 MINUTES TO DOWNTOWN & ~12 MINS TO MIDWAY AIRPORT. *** INCREDIBLE VALUE, CONVENIENCE & ACCESS FOR OWNER OCCUPANT LOOKING FOR AN AFFORDABLE UPDATED HOME & INCOME OR AN INVESTOR SEEKING STRONG RENTS & UPSIDE. *** PRO FORMA AVAILABLE UPON REQUEST - EASY TO SEE - SCHEDULE TO SEE TODAY - WON'T LAST LONG!

MLS® Number12530647

Laundry Level

Central VacNo

FireplaceNo

Acreage0.06

Exterior

GarageNo

Approx. Age

BasementCrawl Space

DrivewayOff Alley, Off Street, Alley Access, Yes, Owned

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Dec 13, 2025List Date

$239,900List Price

Commute

Commute

Starting Address

Destination Address

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