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$ 825,000
Est. payment /mo
New
3251-53 S WOOD ST Chicago, IL 60608
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12622263
Year Built 1893
Annual Tax Amount $12,456
Tax Year 2024
Lot Dimensions 6622
Property Sub-Type Multi Family 5+
Property Description
Excellent opportunity in the McKinley Park area! Well-maintained 6-unit brick building featuring spacious 3-bedroom units with formal dining rooms, offering comfortable layouts that appeal to a wide range of tenants. The property is fully occupied with month-to-month tenancies, providing immediate rental income along with flexibility for future adjustments. Current rents are below market value, presenting strong upside potential for increased cash flow. Conveniently located near the Orange Line and Ashland bus, with easy access to transportation, shopping, and neighborhood amenities. Showings will begin with two units, with additional access provided upon accepted offer. A solid investment opportunity with long-term growth potential in a prime location.
Location
State IL
County Cook
Area Chi - Mckinley Park
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
Roof Type Rubber
Building
Dwelling Type Multi Family 5+
Structure Type Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Maria Castillo of RE/MAX Mi Casa
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