Closed

$1,249,000

1447 Wood Street, Chicago, IL 60622
6 Beds4 Baths27 days
1447 Wood Street·Chicago, IL 60622
6Bedrooms
4Bathrooms
1885Year Built
About This Home

Unparalleled investment opportunity in the heart of Wicker Park! This three-flat residence not only captures the charm of 1885 in its facade but has been meticulously modernized to meet the demands of today's lifestyle. Unlike conventional multi-unit structures, each dwelling within this triplex is a unique gem, presenting an exclusive blend of historical elegance and contemporary functionality. The garden unit, with its high ceilings, open living spaces, laminate floors, and private patio, promises an ideal tenant experience. Designed for comfort, this unit boasts two bedrooms, an oversized bath, and convenient in-unit laundry-a perfect combination for attracting and retaining quality tenants. On the first floor, 10' ceilings, hardwood floors, and generously sized bedrooms create an inviting and upscale living space. The luxury bath with an oversized mosaic-tiled shower, private deck, and laundry area add to the allure, ensuring tenant satisfaction and premium rental value. The second-floor duplex unit is a standout feature, offering an impressive two-story living room with exposed brick and an original vintage fireplace. The expansive eat-in kitchen, equipped with high-end appliances and a walk-in pantry, elevates the property's appeal and marketability. Throughout the property, a myriad of updates and enhancements, including central HVAC, updated electrical and plumbing, a 30-year architectural shingle roof, and more, have been implemented. This turn-key investment boasts not only a robust rental income but also presents an opportunity for further revenue growth with potential rent increases. Don't miss out on this one-of-a-kind investment opportunity-seize the chance to own a piece of Wicker Park that not only pays dividends today but also promises a prosperous future for savvy real estate investors.

MLS# 11959576Listed January 11, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms14

Size & Structure

Garage Spaces2
Year Built1885
Lot Size24X100

Location

CountyCook
TownshipNorth Chicago
Zip Code60622

Financial

List Price$1,249,000
Annual Taxes (2022)$25,093
Monthly Tax Est.$2,091
Parcel #17062100070000
Interior Features

Heating

Natural GasForced AirIndv Controls

Basement

FinishedExterior EntryFull
Exterior & Lot

Construction

Brick

Roof

Other

Foundation

Concrete Perimeter

Exterior Features

Roof DeckBreezeway

Patio & Porch

DeckPatio
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$25,093
Tax Year 2022
Monthly Tax Est.
$2,091
per month
Property Location

1447 Wood Street, Chicago, IL 60622Cook County

$1,249,000
1447 Wood Street
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
27 days on market
2-car garage
24X100
$25,093/yr taxes
$8,655
estimated monthly payment
Principal & Interest
$6,564/mo
Property Tax
$2,091/mo
$1,249,000
20% — $249,800
3%50%
6.875%
3%12%
Loan Amount
$999,200
Down Payment
$249,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams ONEChicago
Agent: Alex Wolking
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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