NOT LISTED FOR SALE

1816 N Wood St Chicago, IL 60622

Bucktown Neighborhood
8 Beds
5 Baths
-- Sq Ft
1892 Built

Last Sold March 13, 2024

Last sale price $1,256,000

6 Days on Market

About This Home

As of March 2024

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

Last Agent to Sell the Property

Clark Patterson

Triton Realty Group LLC License #475148440 Listed on: 01/30/2024

Last Buyer's Agent

Roman Patzner

Fulton Grace Realty License #475194292

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,744

Year Built

  • Built in 1892 | Remodeled in 2000

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 100
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Gross Income $100,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,744

Year Built

Built in 1892 | Remodeled in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1892
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 1200000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 100400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 21744
  • Tax Year: 2021

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $1,256,000 +4.7% --
02/06/2024 02/06/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $1,200,000 0.0% --
03/16/2018 03/16/18 Rented $3,000 0.0% --
01/18/2018 01/18/18 For Rent $3,000 +11.1% --
09/01/2016 09/01/16 Rented $2,700 -6.9% --
07/12/2016 07/12/16 For Rent $2,900 0.0% --
05/12/2012 05/12/12 Sold $637,200 -1.8% --
03/18/2012 03/18/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $649,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Clark Patterson

    Seller's Agent in 2024

    Clark Patterson

    Triton Realty Group LLC

    (312) 929-1585

    1 in this area

    2 Total Sales

    Clark Patterson
    Section Image
  • Roman Patzner

    Buyer's Agent in 2024

    Roman Patzner

    Fulton Grace

    (608) 345-6965

    2 in this area

    119 Total Sales

    Roman Patzner
    Section Image
  • Nora Doherty

    Seller's Agent in 2018

    Nora Doherty

    Nora Devine

    (847) 804-0454

    1 Total Sale

    Nora Doherty
    Section Image
  • Sam Shaffer

    Seller's Agent in 2012

    Sam Shaffer

    Chicago Properties Firm

    (773) 297-9792

    26 in this area

    529 Total Sales

    Sam Shaffer
    Section Image

  • V

    Buyer's Agent in 2012

    Victoria Mattera

    Homesmart Connect LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11970110

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60622 Bucktown

1816 N Wood St, Chicago, IL

This home is located at 1816 N Wood St, Chicago, IL 60622 since 30 January 2024. This property was built in 1892. 1816 N Wood St is a home located in Cook County with nearby schools including Jonathan Burr Elementary, Wells Community Academy High School, and St. Mary of the Angels.

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