Address
5418 S Wood Street, Chicago, IL
Price
$ 260,000
Property Attributes
- MLS#11953312
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - New City
- NeighborhoodNew City
- Zip60609
- Style
- Year Built1903
- Taxes$ 1801
- Price$ 260,000
- Bedrooms8
- Full Bathrooms2
- Half Bathrooms0
- Lot Size0.07 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Investor Opportunity-This Well-Maintained 2 Flat Located on A Quiet Tree Lined Street. Each Unit has 4 Bedroom/1 Bath Fully Rented. First Floor Unit Newly Rehabbed, Flooded with Natural Light, Updated Kitchen with Stainless Steel Appliances & all New Flooring. Great Cash Flow! Property Sold As/Is. 2nd Floor Unit Hasn't been Remodeled but is in Good Condition & has a long-term tenant. Separate Furnaces for each unit & 1 Hot Water Heater for the Entire Building. Full Unfinished Basement, Providing the Potential to Add Coin Laundry for Extra Income. This Property is an Ideal Addition to Your Portfolio, with Both Units Currently Rented, Generating a Total Income of $2300/Month. With Low taxes and Minimal Maintenance requirements, it Offers a Hassle-Free Investment Opportunity. Seize the Opportunity to Capitalize on the Current Trend of Declining Mortgage Interest Rates! Call To Schedule Your Private Showing.
| Price History | |
|---|---|
| 12/31/2023 | Listed $280,000 |
| 3/20/2024 | 2% - $275,000 |
| 4/4/2024 | 4% - $265,000 |
| 5/1/2024 | 2% - $260,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas,Forced Air |
| Possession | Closing |
| Roof | Rubber |
| Exterior Features | Storms/Screens |
| Zoning | MULTI |
| Year Built | 1903 |
| Township | Hyde Park |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Gross Income | 2250 |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Contingency | Attorney/Inspection |
| Total Rooms | 12 |
| Status | Contingent |
| Directions | east/west on Garfield Blvd to Wood St,north to property. |
| City | Chicago |
| High School District | 299 |
| MLS Area | CHI - New City |
| Waterfront Y/N | No |
| Street Name | Wood |
| Tax Annual Amount | 1801.3 |
| Fuel Expense | 972 |
| Water Sewer Expense | 644 |
| Days on Market | 131 |
| Standard Status | Active Under Contract |
| Middle/Junior School District | 299 |
| Elementary School District | 299 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Full |
|---|---|
| Street Suffix | Street |
| Total Bedrooms | 8 |
| Room Type | Enclosed Porch |
| Total Baths | 2 |
| Bedrooms Possible | 8 |
| Basement | Unfinished |
| Bathrooom | Soaking Tub |
| Full Baths Building | 2 |
| Total Number of Units | 2 |
Exterior Features
| Lot Features | Fenced Yard |
|---|---|
| Water Source | Public |
| Lot Dimensions | 25 X 125 |
| Lot Size Acres | 0.07 |
| Other Equipment | CO Detectors |
| 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 Contingent Average in 60609
Price
Taxes
Visits
Year Built
