3251-53 S WOOD Street Chicago, IL $ 825,000
3251-53 S WOOD Street
$ 825,000
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3251-53 S WOOD Street

Chicago, IL, 60608
$ 825,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 5,080

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Multi-Family Home for sale in Chicago, IL

for $825,000 with 3 bedrooms. This home was built in 1893.

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.

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Multi-Family Active

Price

$ 825,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 12,456

Style

Year Built

1893

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12622263

Features
General
Cooling None
Possession Closing Tenant's Rights
Roof Rubber
Zoning MULTI
Construction Materials Brick
Year Built 1893
Tenant Pays Electricity Heat All Utilities
Stories Count 3
Township Lake
Tax Year 2024
Gross Income 74040
County Cook
Net Operating Income 49394
Operating Expense 24646
Insurance Expense 3706
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions ASHLAND TO ARCHER /WEST TO WOOD 1/2 BOLCK SOUTH
City Chicago
Number Of Units Total 6
MLS Area CHI - McKinley Park
Tax Annual Amount 12456
Electric Expense 264
Fuel Expense 0
Trash Expense 4620
Water Sewer Expense 3600
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 6622
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* Excluded Features
List By
Re/Max Mi Casa

Broker

mcastillo@micasarealtors.com

Email

Affordability Calculator

$6,118
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,080
Monthly Property Taxes
$1,038
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
4/17/2026$825,000 Listed Price

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3251-53 S WOOD Street, Chicago, IL, 60608 is a Multi-Family Home for sale at $825,000. 3251-53 S WOOD Street has 3 bedrooms, 0.0 baths, and was built in 1893. The property's zip code is 60608 which is in Chicago, IL