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$345,000
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Property Description
This well-maintained 4-unit building, plus renovated coach house, offers an outstanding opportunity for investors seeking a property with immediate rental income and substantial recent upgrades. The property has been thoughtfully updated with modern systems, providing long-term value and minimal future maintenance. Sellers also own empty lot next door and will only sell both together, which will only greatly increase cashflow. Serious offers only. Key Updates Include: First Floor Rear Unit completely renovated (Dec 2024) First Floor Front Unit fully renovated (2022) Coach House: Fully renovated (May 2024) New heater, boiler, electrical, and plumbing (2022) Windows replaced & east siding updated through city's Lead Grant Program-now. lead-free guaranteed by the City. (May 2024) Burst pipes repaired in basement (Jan 2025) Southside window replaced (April 2025) Boilers replaced in: First Floor Front (2023) Second Floor Front & Rear (2023) This property is an excellent choice for anyone looking to add a cash-flowing multi-family asset to their portfolio with a solid foundation of updates already in place.
Full Property Details
Full Property Details for 4408 S Wood St
General
- Sold For: $345,000
- Taxes: $2,121 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12343785
- Added to Site: 270 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 10
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: Ashland/43rd St S2 44th St W2 S Wood St S2 address
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Partially Finished, Full
- Year Built: 1906
- Built Before 1978: Yes
- Remodeled/Updated: 2024
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.06
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3000
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1906
- Tax Amount: $2,121.36
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 20064080290000
Listed and Sold by Realty of America, LLC
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Schools
Schools serving 4408 S Wood St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Lara Elementary Academy 4619 South Wolcott Avenue, Chicago, IL 60609 | PK-8 | 0.3 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4408 S Wood St
Date
Details
Price
Change
Source
7/08/2025
Sold
$345,000
-1.4%
MLS
4/21/2025
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4408 S Wood Street, Chicago, IL 60609 (MLS# 12343785) is a Multi-Family property that was sold at $345,000 on July 08, 2025. Want to learn more about 4408 S Wood Street? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

