Address
1002 N Wood Street, Chicago, IL
Price
$ 1,499,000
Property Attributes
  • MLS#11982586
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Town
  • Zip60622
  • StyleMulti-Family
  • Year Built1860
  • Taxes$ 16400
  • Price$ 1,499,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Excellent location in Ukranian Village, minutes from downtown, public transportation, easy accesses to expressway, conveniently located near Chicago Ave shopping and dining. Walking distance to Division and Damen intersection. This building has 6 units with 2 bedroom/1 bath and it is fully rented. Units need some work. Motivated sellers, sold as is.

Price History
2/16/2024 Listed $1,599,000
4/15/2024 7% - $1,499,000

General Features

Cooling Central Air
Possession Lease Back Required
Zoning MULTI
Year Built 1860
Electric Circuit Breakers
Tenant Pays Electricity
Stories 3
Tax Year 2022
Current Use Multi-Family
Gross Income 55000
County Cook
Net Operating Income 42000
Operating Expense 10000
Insurance Expense 2500
Property Type Commercial Sale
MaintenanceExpense 500
Status Active
Directions Division to wood,south to the property
City Chicago
NumberOfUnitsTotal 6
MLS Area CHI - West Town
Street Name Wood
Tax Annual Amount 16400
Electric Expense 1000
Fuel Expense 4000
Trash Expense 1000
Water Sewer Expense 3000
Additional Parcels Y/N No
Days on Market 66
Standard Status Active
Property Type Multi Family 5+

Interior Features

Street Suffix Street

Exterior Features

Foundation Details Concrete Perimeter
Lot Dimensions 25X125
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60622

Price
AVG $1.37M
$1.5M
Taxes
AVG $17,177
$16,400
Visits
AVG 232
250
Data Provided by Inside Real Estate®
Year Built
AVG 1902
1860