Closed

$1,200,000

1816 Wood Street, Chicago, IL 60622
8 Beds5 Baths8 days
1816 Wood Street·Chicago, IL 60622
8Bedrooms
5Bathrooms
1892Year Built
About This Home

Presenting 1816 North Wood Street FOR SALE. Great opportunity to acquire a remodeled 3-Flat in Bucktown with two duplexes! All mechanicals and appliances have been updated with a few units successfully used recently for short term rentals. Easy street parking and great access to the Bloomingdale Trail, Expressways, and public transportation makes this a prime Chicago Location. Property also boasts a 2-Car garage that may be rented for additional income. Gross Income of $100,400 is based on long term rentals at market rents. $3,200 per Duplex and $2000 monthly for 2nd floor unit. Possible Loan Assumption with advantageous terms for the right qualified buyer with a strong offer PROPERTY HIGHLIGHTS- Two Large Duplex 3bed/2ba Units (Duplex Up/Duplex Down); One 2bed/1ba Simplex; All Units on HVAC; Minimal Landlord Expenses; Units Have Been Upgraded and Modernized; All Units Include Washer & Dryer; Hardwood Floors; Two Car Garage; Previously Used for Short Term Rental; Easily Rented for Top of Market yearly Rents

MLS# 11970110Listed January 30, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms5
Total Rooms18

Size & Structure

Garage Spaces2
Year Built1892
Lot Size25 X 100

Location

CountyCook
TownshipWest Chicago
Zip Code60622

Financial

List Price$1,200,000
Annual Taxes (2021)$21,744
Monthly Tax Est.$1,812
Parcel #14314110340000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$21,744
Tax Year 2021
Monthly Tax Est.
$1,812
per month
Property Location

1816 Wood Street, Chicago, IL 60622Cook County

$1,200,000
1816 Wood Street
8 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
2-car garage
25 X 100
$21,744/yr taxes
$8,119
estimated monthly payment
Principal & Interest
$6,307/mo
Property Tax
$1,812/mo
$1,200,000
20% — $240,000
3%50%
6.875%
3%12%
Loan Amount
$960,000
Down Payment
$240,000

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

Listed by
Jameson Commercial
Agent: Clark Patterson
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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