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    4800 S Wood St Chicago, IL 60609

    New
    Under Contract
    For Sale
    $225,000

    Mixed Use - Chicago, IL

    Type:Mixed Use
    Property size:
    5,172 SF
    Days on Market:
    7
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 4800 S Wood St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active Under Contract
    APN
    20072110230000
    Size
    5,172 SF

    Building Details

    Year built
    1908
    Number of units
    5
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Michael Scanlon (888) 574-9405 License #475188240

    Listing date Dec 8, 2025

    MLS# 12525445 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Chicago

    This mixed-use property is located in Chicago's Back Of The Yards neighborhood. The building features a retail space at the front of the lower level, with a single residential unit at the rear. The second floor contains three apartments, and there is a finished walk-up attic that offers additional potential living space. The property is currently zoned RS3, which is designated for multi-family use, but there is potential to rezone it for mixed-use purposes. The existing retail space could be divided into two storefronts, suitable for businesses such as a nail salon or hairdresser, contingent upon successful rezoning. Alternatively, the retail space could be converted into a large apartment, creating a four-unit property. The building also includes a full unfinished basement and a full finished attic. Approximately $200,000 worth of renovations have been completed, including a new roof, windows, and tuckpointing. Each floor is approximately 3000 square feet, allowing for flexible floor plans. The finished attic could be used to create duplex-up apartments. The property is located near supermarkets, shopping areas on 47th and Ashland, Davis Park, the I-90 Expressway, and the Western Orange Line, which is one mile away. The total property size is 5172 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tam Mex Mechanic

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6701402
    Latitude
    41.8066223

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential units in Chicago.
    Where is this mixed-use property located?
    The property is located at 4800 S Wood St Chicago, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity with potential for increased income through rezoning and renovation.; - RS3 zoning with potential to rezone for mixed-use, offering flexible development options.; - **Nearly $200K in recent renovations**, including new roof, windows, and tuckpointing.
    (888) 574-9405
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    Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4800 S Wood St Chicago, IL 60609
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