1609-11 N Wood Street
Chicago, IL, 60622
$1,275,000
8 Beds
4 Baths
0 SqFt
0 Acres
Add
MLS #MRD12678300 image #0
Proud to present this sensational center entrance 4 flat opportunity. Extra Wide structure rests on a 48 x 47 lot just north of North Ave. The property is centered around Wicker Park’s many restaurants, boutique shops, bars, cafe’s and so much more. The classic victorian structure features the original masonry facade with its ornate bay windows, red brick exterior, stone lintels and architectural details. The two story structure offers a center entrance which enhances the interior floor plans, high ceilings, and full unfinished basements for potential expansion. Each unit is separately metered with its own utilities which means each tenant pays for electricity, gas, and heat as well as hot water. OPPORTUNITY: The opportunity to duplex down and create 3 bedroom 2 bath duplexes from the first floor to the basement is high. The ceiling heights are tall on each level and so this could provide a new owner with a $4000 per month projected rental rate for each of the first floor untis post rehab. The second floor two bedrooms could be made into 3 bedroom units by eliminating the dining room and converting it to a 3rd bedroom . Taking the HVAC systems out of the second floor hallway closet provides a new opening into the living space allowing for you to separate out the third bedroom and collect $3000 per month for each of the upstairs units. Add value, increase the already low rents for the property and enjoy this marquee property in Wicker Park! The walkability at this location is unparalleled, it is close enough to all forms of transportation, but far enough from it. This property has not traded hands in over 30 years, improvements have been made and it will be a pleasure to share this with you. Market rents are $2400-2500 per unit but do to long term tenancy the rents are below market at $1850-2000 per unit. Tenants have been given notice that the building is up for sale and no leases are to be renewed at the given time. The asset is fully leased and so proper notice is required, however. NO parking at this location, there is effortless street parking, and the bus and train are a short walk away. The property takes up the majority of the land area to maximize the livability of each residence.

Property Details

Price:
$1,275,000
MLS #:
MRD12678300
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chiwesttown
Listed Date:
Jun 15, 2026
Year Built:
1889
VictorianChi – West TownChiwesttown

Ask a Question

See this Listing

Send
  

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Victorian
Community Features
Curbs, Sidewalks, Street Paved
Construction Materials
Brick
Patio And Porch Features
Porch
Roof
Asphalt, Rubber

Financial

Tax Year
2023
Taxes
$17,684

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Jun 15, 2026
1,400
Multi Family Listed
79
Avg DOM
$531,318
Avg List Price

Property Summary

    1609-11 N Wood Street Chicago IL is a Multi Family for sale in Chicago, IL, 60622. It is listed for $1,275,000

Similar Listings Nearby

broker reciprocity
MLS# MRD12630582broker reciprocity
814 N Hermitage Avenue
Chicago, IL

$1,649,900

1.0 miles away

broker reciprocity
MLS# MRD12669833broker reciprocity
634 W Wellington Avenue
Chicago, IL

$1,620,000

2.2 miles away

broker reciprocity
MLS# MRD12632607broker reciprocity
3722 N Bosworth Avenue
Chicago, IL

$1,600,000

2.6 miles away

broker reciprocity
MLS# MRD12623692broker reciprocity
2742 N Kenmore Avenue
Chicago, IL

$1,570,000

1.6 miles away

broker reciprocity
MLS# MRD12597836broker reciprocity
1337 W Barry Avenue
Chicago, IL

$1,550,000

1.9 miles away

broker reciprocity
MLS# MRD12603566broker reciprocity
1908 S Loomis Street
Chicago, IL

$1,550,000

3.9 miles away

broker reciprocity
MLS# MRD12667512broker reciprocity
2245 W Shakespeare Avenue
Chicago, IL

$1,500,000

0.9 miles away

broker reciprocity
MLS# MRD12638319broker reciprocity
2444 N Sheffield Avenue
Chicago, IL

$1,490,000

1.4 miles away

broker reciprocity
MLS# MRD12637096broker reciprocity
1414 W Summerdale Avenue
Chicago, IL

$1,480,000

4.7 miles away

broker reciprocity
MLS# MRD12659463broker reciprocity
1341 W Eddy Street
Chicago, IL

$1,449,999

2.4 miles away

1609-11 N Wood Street
Chicago, IL