5338 S Wood Street, Chicago, IL 60609
Back of the Yards · Cook County
Key Facts
Description
Great investment opportunity in the New City / Back of the Yards area! This legal 3-flat offers strong potential for investors looking to add value and generate future income. The 2nd and 3rd floor units are in livable condition, while the 1st floor unit is ready for a full renovation, providing an excellent opportunity to customize and increase equity. The property features a 2-car detached garage, separate utilities with tenants paying their own gas and electric, and spacious unit layouts. Conveniently located with a grammar school directly across the street, along with nearby parks, transportation, and local amenities. Property is being sold as-is and cash only. A great opportunity for investors, rehabbers, or buyers looking for their next income-producing project!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Lot Dimensions
3125
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
48
MLS® Listing#
12653552
Property Features
Heating
Basement
Parking
Construction
Community
Sewer
Financial Details
Annual Taxes
$3,632
Tax year 2024
Parcel Number
20074190400000
Directions
55th STREET TO WOOD (1800 W) NORTH TO PROPERTY
Affordability Calculator
$32,800
Estimated monthly payment
$873/mo
Principal $131,200 · Est. interest $183,036 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $389,049
- Median Listing Price
- 46
- Median Days on Market
- 1,422
- Median Sq Ft
- $277
- Median Price / Sq Ft
- 4,620
- Active Listings
- This home’s price is 58% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
- 5338 S Wood Street, Chicago, IL 60609
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Fulton Elementary School
Elementary · 0.1 mi away
Regeneration Schools
School · 0.2 mi away
Cics Basil
Elementary · 0.2 mi away
Universal Temple of Christ Training School
School · 0.4 mi away
Chicago Public Schools
School · 0.4 mi away
Henderson Elementary School
Elementary · 0.4 mi away
Big Picture High School
Secondary · 0.5 mi away
Libby Elementary School
Elementary · 0.5 mi away
First Start Academy South
School · 0.5 mi away
Horizon Science Academy Southwest-Charter
School · 0.6 mi away
Cesar Chavez Upper Center
Elementary · 0.7 mi away
Second Chance High School
Secondary · 0.7 mi away
Hedges Elementary School
Elementary · 0.7 mi away
San Miguel School Chicago
Elementary · 0.8 mi away
Chavez Elementary Multicultural Academy
Secondary · 0.8 mi away
Chicago Public Schools
Secondary · 0.8 mi away
Hamline Elementary School
Elementary · 0.9 mi away
Back of the Yards College Preparatory High School
Secondary School · 0.9 mi away
Christopher Elementary School
Elementary · 0.9 mi away
Chicago Public Schools
Elementary · 0.9 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 8711 S Exchange Avenue, Chicago, IL | $135,000 | 8 | 5 | — |
| 2435 S Whipple Street, Chicago, IL | $149,000 | 8 | 5 | 1,302 |
| 7340 S Maryland Avenue, Chicago, IL | $149,700 | 7 | 2 | — |
| 5242 S Morgan Street, Chicago, IL | $149,900 | 8 | 3 | — |
| 6120 S Green Street, Chicago, IL | $149,900 | 9 | 3 | — |
| 7952 S Langley Avenue, Chicago, IL | $149,900 | 9 | 3 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: RE/MAX Mi Casa - (773) 767-1616
Last Updated: 2026-05-20