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$395,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 3 days ago
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Income Producing 2 Unit in Prime Chicago Location. Fantastic investment opportunity! This solid brick 2 unit building offers huge 3 bedroom layouts in both units, each featuring hardwood floors, newer windows, and enclosed back porches for added storage and year-round usability. Inside, the units offer generous living and dining spaces with great natural light, tall ceilings, and classic Chicago architectural character. Kitchens are functional with room to dine in, and bathrooms are well maintained. The building also includes a full basement, ideal for storage or future expansion potential. The backyard provides usable outdoor space, and the property sits on a quiet residential block with easy access to public transportation, parks, and local amenities. Whether you're an investor looking to add a strong cash flowing property to your portfolio or an owner occupant seeking rental income, this building delivers value and space.

Full Property Details for 5518 S Wood St

General

  • Price: $395,000
  • Taxes: $2,110 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12638751
  • Updated: 5/6/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Complex Features: Sidewalks, Street Paved

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 6

Parking

  • Total Spaces: 3
  • Parking Features: Yes, Owned

Location

  • Area: CHI - West Englewood
  • County: Cook
  • Township: South Chicago
  • Driving Directions: East or West on Garfield Blvd to Wood South on Wood to Address

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Roof: Flat
  • Year Built: 1912
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Oversized Chicago Lot
  • Lot Dimensions: 31' x 124'
  • Zoning: OTHER

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1912
  • Tax Amount: $2,110
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20182030190000

Listed by Realty of America, LLC

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— 5518 S Wood St —

  • Realty of America, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5518 S Wood St

School District:Chicago Public School District 299
NameGradesDistance
Henderson Elementary School
5650 South Wolcott Avenue, Chicago, IL 60636
PK-80.2 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 5518 S Wood St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$395,000
939.47%
MLS
8/16/2016
Sold
$38,000
—
Public Record
Get Price Alerts and Save Property
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 for 5518 S Wood St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,110
—
$16,000
60%
2023
$2,110
3%
$10,000
—
2022
$2,057
2%
$10,000
—
2021
$2,011
-8%
$10,000
2%
2020
$2,184
-2%
$9,802
-13%
2018
$2,226
-2%
$11,267
—
2019
$2,264
-21%
$11,267
-15%
2017
$2,867
—
$13,318
-7%
2016
$2,862
9%
$14,289
—
2015
$2,618
4%
$14,289
5%
2014
$2,524
2%
$13,601
—
2013
$2,474
1%
$13,601
—
2012
$2,441
—
$13,601
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5518 S Wood Street, Chicago, IL 60636 (MLS# 12638751) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 5518 S Wood Street is currently listed for $395,000 and was received on May 06, 2026. Want to learn more about 5518 S Wood Street? Do you have questions about finding other Multi-Family real estate for sale in West Englewood? You can browse all West Englewood real estate or contact a Coldwell Banker agent to request more information.

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