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Six-Unit Brick Apartment Building
For Sale
Under Contract
$799,000

3251-53 S WOOD Street, Chicago, IL 60608

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market109

Property Features for 3251-53 S WOOD Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 18
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 6, Bedroom 5, Bedroom 10, Bathroom 1, Bedroom 4, Bathroom 6, Bedroom 8, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 17, Bedroom 18, Bedroom 7, Bedroom 14, Bathroom 2, Bedroom 12, Bedroom 9, Bedroom 16, Bathroom 3, Bedroom 13, Bedroom 11, Bedroom 15, Bathroom 5
Directions ASHLAND TO ARCHER /WEST TO WOOD 1/2 BOLCK SOUTH
Subdivision CHI - McKinley Park
Standard status Active Under Contract
APN 17312120280000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12456

Building Details

Year built 1893
Floors in Building 3
Number of units 6
Building materials Brick
Roof type Rubber
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Maria Castillo · License #475122116
Added: Apr 24 Changed: Aug 3 Last Checked: Aug 10 at 8:06AM
MLS# 12628713

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Six-unit brick apartment building built in 1893, offering spacious three-bedroom units with formal dining rooms. The property is fully occupied with month-to-month tenancies, providing immediate rental income while keeping flexibility for tenant and rent adjustments.

The building is located at 3251-53 S Wood Street in the McKinley Park area of Chicago, with convenient access to transit near the Orange Line and the Ashland bus. Zoning is listed as MULTI.

Operationally, showings are scheduled to begin with two units, with additional access provided upon accepted offer. The roof is identified as rubber, supporting the building’s maintained, income-oriented configuration.

Key Highlights

  • Fully occupied six‑unit brick building with spacious three‑bedroom units and formal dining rooms
  • Month‑to‑month tenancies throughout the building
  • Zoning listed as MULTI

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

833
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied six-unit brick building with spacious three-bedroom units and formal dining rooms on month-to-month tenancies.
Where is this apartment building located?
The property is located at 3251-53 S WOOD Street Chicago, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully occupied six‑unit brick building with spacious three‑bedroom units and formal dining rooms; Month‑to‑month tenancies throughout the building; Zoning listed as MULTI
More about this property
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