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$280,000
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Property Description
COME AND SEE THIS OPPORTUNITY.! Presenting a unique investment opportunity in the form of a well-appointed 6-unit building available at an exceptionally competitive price point. This property holds immense potential poised to generate substantial returns and stands ready to be harnessed as a robust cash flow asset. This building with 6 units boasting 2 bedrooms and 1 bath; the right prospective owner can capitalize on a sound real estate investment. Seize this opportunity to acquire a promising income-generating asset in a market with significant potential for growth and profitability.
Full Property Details
Full Property Details for 4501 S Wood St
General
- Sold For: $280,000
- Taxes: $1,257 (2022)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11984189
- Added to Site: 703 day(s) ago
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: Ashland Ave to 45th St west to Wood St south to property
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Exterior Const.: Vinyl Siding
- Stories/Levels: 2
- Square Feet: 4,312
- Year Built: 1895
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,976
- Lot Dimensions: 2976
Financial Considerations
- Operating Expenses: $6,500
- Assessment Year: 1895
- Tax Amount: $1,257.37
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Hot Water
Disclosures and Reports
- Property ID: 20064140010000
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Schools
Schools serving 4501 S Wood St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Seward Elementary Communication Arts Ac 4600 South Hermitage Avenue, Chicago, IL 60609 | PK-8 | 0.1 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4501 S Wood St
Date
Details
Price
Change
Source
8/02/2024
Sold
$280,000
-6.64%
MLS
2/18/2024
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4501 S Wood Street, Chicago, IL 60609 (MLS# 11984189) is a Commercial property that was sold at $280,000 on August 02, 2024. This property was listed by Carlos Ayala from our Naperville Office.Want to learn more about 4501 S Wood Street? Do you have questions about finding other Commercial real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.


