3251-53 S WOOD Street
Chicago, IL, 60608
$799,000
3 Beds
1 Baths
0 SqFt
0 Acres
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MLS #MRD12628713 image #0
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.

Property Details

Price:
$799,000
MLS #:
MRD12628713
Status:
Active Under Contract
Beds:
3
Baths:
1
Type:
Commercial
Neighborhood:
chimckinleypark
Listed Date:
Apr 24, 2026
Year Built:
1893
Chi – Mckinley ParkChimckinleypark

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Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Roof
Rubber
Stories
3

Financial

Net Operating Income
$49,394
Tax Year
2024
Taxes
$12,456

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of May 16, 2026
899
Commercial Listed
190
Avg DOM
$1,023,221
Avg List Price

Property Summary

    3251-53 S WOOD Street Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $799,000

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3251-53 S WOOD Street
Chicago, IL