$320,000
$319,900
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4731 S Wood ST Chicago, IL 60609
7 Beds
3 Baths
Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11921983
Sold Date 02/29/24
Bedrooms 7
Annual Tax Amount $1,437
Tax Year 2022
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Income generating legal 3 flat. Zoning has been updated with City of Chicago. First floor is split into (2) units. Second floor is the owner's unit that has undergone full renovation. Ideal for an investor looking to house-hack, live in one unit and rent out the rest to offset mortgage or for a seasoned investor who would like to add to portfolio. Property has room for value add. Rents YoY have steadily continued to increase due to supply and demand making multi family properties more desirable. Seller is open to providing some credit towards rate buy down / seller credit to reduce cash to close
Location
State IL
County Cook
Area Chi - New City
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Bought with Diego Valdes • Midwest Real Estate Brokerage LLC