4800 S Wood Street Chicago, IL $ 225,000
4800 S Wood Street
$ 225,000
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4800 S Wood Street

Chicago, IL, 60609
$ 225,000
Bedrooms-- Baths-- Sq 5,172

Monthly Estimate*

$ 1,385

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Commercial Property for sale in Chicago, IL

for $225,000. This 5,172 square foot building was built in 1908 on a lot size of 0.068871.

Excellent investment opportunity in Back Of The Yards! Currently setup 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 tuckpointing. Each floor is approx 3000 sq 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. Potential seller financing is available, otherwise CASH ONLY.

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Commercial Contingent

Price

$ 225,000

Property Type

Commercial

Taxes

$ 2,743

Style

Lot Size

0.068871

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12525445

Features
General
Cooling None
Possession Closing
Construction Materials Brick
Year Built 1908
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 3
Property Subtype Mixed Use
Tax Year 2023
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Contingency Attorney/Inspection
Possible Use Commercial Multi-Family Retail
Status Contingent
Directions S Ashland Ave To Wood St
City Chicago
Number Of Units Total 5
MLS Area CHI - New City
Lot Size Square Feet 3000
Tax Annual Amount 2743
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active Under Contract
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Interior
Total Fireplaces 0
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Exterior
Building Area Total 5172
Lot Dimensions 24X125
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* Excluded Features
List By
Exp Realty

Broker

michael.scanlon@exprealty.com

Email

Affordability Calculator

$1,614
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$229
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$225,000 Listed Price

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4800 S Wood Street, Chicago, IL, 60609 is a Commercial Property for sale at $225,000 with 5,172 sqft and a lot size of 0.068871. 4800 S Wood Street was built in 1908. The property's zip code is 60609 which is in Chicago, IL