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    5338 S Wood St Chicago, IL 60609

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    For Sale
    $179,999

    Two-unit building suitable for investors or owner-occupants.

    Property Features for 5338 S Wood St

    General Information

    Interior features
    1, : "Natural Gas"

    Building Details

    Year built
    1911

    Source: Smart Home Realty Agent Brenda Bustamante

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Unit Building: Fix and Flip

    This two-unit building presents an opportunity for renovation and resale or portfolio expansion. It is suitable for investors or buyers seeking to customize a residence. The property is being sold in its current condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.669873
    Latitude
    41.7965047

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    FAQs

    What type of property is this?
    Duplex - Two-unit building suitable for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 5338 S Wood St Chicago, IL.
    What is the asking price?
    The asking price for this property is $179,999.
    What are key features of this property?
    This property features: - Two-unit building: Offers potential for rental income or multi-generational living.; - Fix and flip opportunity: Ideal for investors seeking a renovation project.; - Portfolio growth potential: Suitable for expanding an existing real estate investment portfolio.
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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
    5338 S Wood St Chicago, IL 60609
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