4800 S Wood St Chicago, IL 60609
Back of the Yards NeighborhoodEstimated payment $2,272/month
Total Views
5,343
10
Beds
6
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Excellent investment opportunity in Back Of The Yards! Currently setup as mixed use with retail space on front portion of lower level plus single residential unit in the rear. Second floor is setup with 3 apartments and walkup finished attic for additional potential living space. Currently zoned RS3 (pure multi family) with potential to rezone for mixed use. Old retail space can be easily divisible into 2 storefronts with successful rezoning - perfect size for a local nail salon, hairdresser, etc. Other option is to convert the old retail space into a large apartment to create a HUGE 4 unit property. Full unfinished basement, plus full finished attic. Nearly $200K worth of work already completed including brand new roof, windows, and tuck pointing. Each floor is approximately 3000 square feet and would allow for a wide variety of floor plans. Take advantage of the full finished attic by creating duplex up apartments. Great location within close proximity to multiple supermarkets, shopping on 47th and Ashland, Davis Park, I-90 Expressway, Western Orange Line just 1 mile away. Seller financing is available.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,743
Year Built
- Built in 1906
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 6 Bathrooms
Basement
- Basement Fills Entire Space Under The House
Utilities
- Forced Air Heating System
- Lake Michigan Water
Community Details
- 4 Units
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,743 | $22,280 | $1,747 | $20,533 |
| 2023 | $2,674 | $13,000 | $2,330 | $10,670 |
| 2022 | $2,674 | $13,000 | $2,330 | $10,670 |
| 2021 | $2,614 | $12,999 | $2,329 | $10,670 |
| 2020 | $2,635 | $11,830 | $2,912 | $8,918 |
| 2019 | $2,796 | $13,918 | $2,912 | $11,006 |
| 2018 | $2,749 | $13,918 | $2,912 | $11,006 |
| 2017 | $3,964 | $18,412 | $2,620 | $15,792 |
| 2016 | $3,688 | $18,412 | $2,620 | $15,792 |
| 2015 | $3,374 | $18,412 | $2,620 | $15,792 |
| 2014 | $3,075 | $16,573 | $2,475 | $14,098 |
| 2013 | $3,014 | $16,573 | $2,475 | $14,098 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $375,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $140,000 | Attorney | |
| Warranty Deed | $157,500 | First American Title | |
| Warranty Deed | $148,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,250,000 | Credit Line Revolving | |
| Previous Owner | $172,000 | Commercial | |
| Previous Owner | $126,000 | Commercial | |
| Previous Owner | $117,000 | Commercial |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12407085
APN: 20-07-211-023-0000
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