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1447 N Wood Street

Chicago, IL 60622
  • $1,249,000
  • STATUS: Pending
  • ON SITE: 41 Days
  • MLS #: 11959576
Pending
$1,249,000
  • 6
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1885
County:

School Ratings & Info

School District:
299

Description

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.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-02-21T23:58:14.453 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1447 N Wood Street Chicago, IL 60622

  • Price: $1,249,000
  • Status: Pending
  • On Site: 41 Days
  • MLS #: 11959576
6
Beds
0
Baths
0
½ Baths
N/A
Acres
1885
Built
Neighborhood:
Chi - West Town
County:
Cook
Area:
Chi - West Town
School District:
299
Property Description
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.
Exterior Features

Exterior Building Type Brick Exterior Features DeckPatioRoof DeckBreezeway Foundation Details Concrete Perimeter Garage Details Garage Door Opener(s) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Less Than .25 Acre Multi Family Type 3 Flat Parking Details Garage Parking Total 2 Roof Other Waterfront YN No

Interior Features

Basement FinishedExterior Access Basement Details Full Bathroom WhirlpoolSeparate ShowerDouble Sink Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasForced AirIndv Controls Room Type FoyerUtility Room-1st FloorUtility Room-2nd FloorUtility Room-Lower Level Rooms Total 14

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 96000 Insurance Expense 2666 Mls Actual Status Pending Net Operating Income 63983 New Construction YN No Other Equipment CO DetectorsCeiling Fan(s)Multiple Water Heaters Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 25093.21 Tax Year 2022 Total Numberof Unitsin Building 3 Total Rental Income 96000 Township North Chicago Type Two to Four Units Water Source Public Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams ONEChicago: 312-216-2422.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-02-21T23:58:14.453 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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