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1816 N Wood Street, Chicago, IL 60622
$1,256,000
1816 N Wood Street, Chicago, IL 60622View this property at 1816 N Wood Street, Chicago, IL 60622
1816 N Wood StreetChicagoIL60622
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Property 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
Full Property Details
Full Property Details for 1816 N Wood St
General
- Sold For: $1,256,000
- Taxes: $21,744 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11970110
- Added to Site: 90 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: CHI - Logan Square
- County: Cook
- Driving Directions: Property is north of North Ave and the Bloomingdale Trail on the west side of Wood St.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full
- Year Built: 1892
- Built Before 1978: Yes
- Remodeled/Updated: 2000
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 100
Financial Considerations
- Assessment Year: 1892
- Tax Amount: $21,744
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 14314110340000
Listed by Jameson Commercial
Sold by Fulton Grace Realty
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Schools
Schools serving 1816 N Wood St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1621 W Wabansia Ave, Chicago, IL 60622 | PK-8 | 0.3 mi | |
936 N Ashland Ave, Chicago, IL 60622 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1816 N Wood St
Date
Details
Price
Change
Source
3/13/2024
Sold
$1,256,000
4.67%
MLS
1/30/2024
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1816 N Wood Street, Chicago, IL 60622 (MLS# 11970110) is a Multi-Family property that was sold at $1,256,000 on March 13, 2024. Want to learn more about 1816 N Wood Street? Do you have questions about finding other Multi-Family real estate for sale in Logan Square? You can browse all Logan Square real estate or contact a Coldwell Banker agent to request more information.