848 N Wood Street, Chicago-West Town, IL 60622 | 11125230 | Berkshire Hathaway HomeServices Chicago

848 N Wood Street $1,100,000

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    848 N Wood Street Chicago-West Town, IL 60622

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    • 6 Beds
    • 3 Baths
    • Multi-Family
    • MLS# 11125230
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    Views: 64 Days On Site: 103

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    Property Details

    Description Tours Videos

    Stunning, fully renovated 3-flat in an incredible East Village location on beautiful Wood street in the heart of everything West Town has to offer! Incredible turnkey investment opportunity full of possibilities, keep as full income, owner-occupied with income or convert to single family home. Fully rented through spring/summer 2022. Features two 2 bedroom (plus office), 1 bath apartments and one 2 bedroom, 1 bath apartment, super easy to rent. New water service to building, new roof and full tuck pointing! New flooring, central air, hot water heaters, HVAC, updated electric, granite, stainless steel appliances, subway tile back splash, grohe faucet, tile in bathroom, in-unit laundry in all three apartments, enclosed porch, 2 car garage, common outdoor patio just sanded and painted. Amazing rental income already in place but could be even higher post-Covid - $6650/month or $79,800 per year.

    • General Features
      • Additional Parcels Y/N No
      • Area CHI - West Town
      • County Or Parish Cook
      • Gross Income 79800
      • Net Operating Income 64192
      • New Construction Y/N No
      • Ownership Fee Simple
      • Special Listing Conditions List Broker Must Accompany
      • Tax Annual Amount 11223.95
      • Tax Year 2019
      • Township West Chicago
      • Year Built 1885
      • Zoning MULTI
    • Building Features
      • Basement None
      • Bedrooms (Below Grade) 0
      • Exterior Features Patio, Storms/Screens
      • Garage Details Garage Door Opener(s)
      • Garage Spaces 2
      • Heating Natural Gas, Forced Air
      • Rooms Total 15
      • Sewer Public Sewer
    • Property Features
      • Lot Size Acres 0.07
      • Lot Size Dimensions 25X125
      • Parcel Number 17064350390000
      • Water Source Lake Michigan
      • Waterfront Y/N No
    • Schools
      • Elementary School Talcott Elementary School
      • Elementary School District 299
      • High School Wells Community Academy Senior H
      • High School District 299
      • Middle Or Junior School Talcott Elementary School
      • Middle Or Junior School District 299

    Contact

    Peggy Matson

    Peggy Matson

    Sales Associate

    Chicago – Michigan Avenue

    Primary: 312-893-8195

    Neighborhood

    60622 (Chicago-West Town) Demographics

    31 Median Age
    22,087 Population Density (per sq. mile)
    68% College Educated
    $79,085 Estimated Median Income
    8,455 Estimated Total Home Owners
    15,145 Estimated Total Renters
    36% / 64% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    54,467 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $530,000 Median Sales Price
    91 Homes Sold
    195 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,100,000
        9/23/2021 3:50:00 PM Price Reduced Source: Multiple Listing Service New Value: $1,100,000 -4.76%
        9/23/2021 3:50:00 PM Status Changed Source: Multiple Listing Service New Value: Price Change
        6/22/2021 12:09:15 AM Status Changed Source: Multiple Listing Service New Value: Active
        6/16/2021 2:26:00 PM New in Database Source: Multiple Listing Service New Value: $1,155,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.