Seller's Agent in 2024
Alex Wolking
Keller Williams ONEChicago
(312) 216-2422
10 in this area
217 Total Sales
1447 N Wood St Chicago, IL 60622
Wicker Park Neighborhood
6
Beds
4
Baths
--
Sq Ft
1885
Built
Highlights
- Rooftop Deck
- First Floor Utility Room
- Patio
- Whirlpool Bathtub
- 2 Car Detached Garage
- 2-minute walk to Dean (John) Park
About This Home
As of February 2024Unparalleled investment opportunity in the heart of Wicker Park! This three-flat residence not only captures the charm of 1885 in its facade but has been meticulously modernized to meet the demands of today's lifestyle. Unlike conventional multi-unit structures, each dwelling within this triplex is a unique gem, presenting an exclusive blend of historical elegance and contemporary functionality. The garden unit, with its high ceilings, open living spaces, laminate floors, and private patio, promises an ideal tenant experience. Designed for comfort, this unit boasts two bedrooms, an oversized bath, and convenient in-unit laundry-a perfect combination for attracting and retaining quality tenants. On the first floor, 10' ceilings, hardwood floors, and generously sized bedrooms create an inviting and upscale living space. The luxury bath with an oversized mosaic-tiled shower, private deck, and laundry area add to the allure, ensuring tenant satisfaction and premium rental value. The second-floor duplex unit is a standout feature, offering an impressive two-story living room with exposed brick and an original vintage fireplace. The expansive eat-in kitchen, equipped with high-end appliances and a walk-in pantry, elevates the property's appeal and marketability. Throughout the property, a myriad of updates and enhancements, including central HVAC, updated electrical and plumbing, a 30-year architectural shingle roof, and more, have been implemented. This turn-key investment boasts not only a robust rental income but also presents an opportunity for further revenue growth with potential rent increases. Don't miss out on this one-of-a-kind investment opportunity-seize the chance to own a piece of Wicker Park that not only pays dividends today but also promises a prosperous future for savvy real estate investors.
Last Agent to Sell the Property
Keller Williams ONEChicago License #471020787 Listed on: 01/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,093
Year Built
- Built in 1885
Lot Details
- Lot Dimensions are 24x100
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Entrance Foyer
- First Floor Utility Room
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Rooftop Deck
- Patio
- Breezeway
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Multiple Water Heaters
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $1,957
- Insurance Expense $2,666
- Water Sewer Expense $2,301
- Gross Income $96,000
- Net Operating Income $63,983
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $1,249,000 | 0.0% | -- |
| 02/06/2024 02/06/24 | Pending | -- | -- | -- |
| 01/11/2024 01/11/24 | For Sale | $1,249,000 | +6.8% | -- |
| 12/03/2021 12/03/21 | Sold | $1,170,000 | -9.2% | -- |
| 10/19/2021 10/19/21 | Pending | -- | -- | -- |
| 09/30/2021 09/30/21 | For Sale | $1,289,000 | 0.0% | -- |
| 12/14/2015 12/14/15 | Under Contract | -- | -- | -- |
| 12/14/2015 12/14/15 | Rented | $1,600 | -20.0% | -- |
| 11/07/2015 11/07/15 | For Rent | $2,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Alex Wolking
-
Leigh Marcus
Buyer's Agent in 2024
Leigh Marcus
@ Properties
(773) 645-0686
44 in this area
1,185 Total Sales
-
Jennifer Cummings
Seller's Agent in 2021
Jennifer Cummings
Jameson Sotheby's Intl Realty
(312) 543-2927
1 in this area
71 Total Sales
-
Rebecca Cavins
Buyer's Agent in 2021
Rebecca Cavins
Keller Williams Infinity
(630) 340-0901
1 in this area
38 Total Sales
-
Jake Steinle
Buyer's Agent in 2015
Jake Steinle
Compass
(312) 319-1168
8 in this area
72 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11959576
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