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$169,000 Just Listed
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Property Description
Great investment opportunity in the New City / Back of the Yards area! This legal 3-flat offers strong potential for investors looking to add value and generate future income. The 2nd and 3rd floor units are in livable condition, while the 1st floor unit is ready for a full renovation, providing an excellent opportunity to customize and increase equity. The property features a 2-car detached garage, separate utilities with tenants paying their own gas and electric, and spacious unit layouts. Conveniently located with a grammar school directly across the street, along with nearby parks, transportation, and local amenities. Property is being sold as-is and cash only. A great opportunity for investors, rehabbers, or buyers looking for their next income-producing project!
Full Property Details
Full Property Details for 5338 S Wood St
General
- Price: $169,000
- Taxes: $3,632 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12653552
- Updated: 5/20/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Park, Lake, Street Lights, Street Paved
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - New City
- County: Cook
- Township: South Chicago
- Subdivision: Back of the Yards
- Driving Directions: 55th STREET TO WOOD (1800 W) NORTH TO PROPERTY
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3125
Financial Considerations
- Tax Amount: $3,632
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20074190400000
Listed by RE/MAX Mi Casa
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Schools
Schools serving 5338 S Wood St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Fulton Elementary School, Chicago, IL 5300 South Hermitage Avenue, Chicago, IL 60609 | PK-8 | 0.1 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5338 S Wood St
Date
Details
Price
Change
Source
5/20/2026
Listed
$169,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5338 S Wood St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,167
171%
$5,499
—
2022
$430
-1%
$5,499
—
2021
$436
-61%
$5,499
-32%
2020
$1,127
-6%
$8,127
-13%
2019
$1,195
2%
$9,342
—
2018
$1,174
-55%
$9,342
-39%
2017
$2,581
—
$15,287
—
2016
$2,579
10%
$15,287
—
2015
$2,337
-5%
$15,287
-2%
2014
$2,449
2%
$15,668
—
2013
$2,390
—
$15,668
—
2012
$2,383
—
$15,668
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5338 S Wood St
5338 S Wood Street, Chicago, IL 60609 (MLS# 12653552) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 5338 S Wood Street is currently listed for $169,000 and was received on May 20, 2026. Want to learn more about 5338 S Wood Street? Do you have questions about finding other Multi-Family 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.

