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Craig Olafson
REALTOR®
(224) 229-8258
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5338 S Wood Street, Chicago, IL 60609

$164,000
  • 5338 S Wood Street, Chicago, IL 60609 Main Photo

23 Total Photos [Click to View All]

Active
BEDS8 BATHS3 full MLS#12653552
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBack of the Yards SCHOOLDistrict 299

Property 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!

5338 S Wood Street | MLS# 12653552

This multi-family property located at 5338 S Wood Street, Chicago, IL 60609 is currently listed for sale with an asking price of $164,000. S Wood Street is located within the District 299 school district. Search Chicago real estate on colafson.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Garage: 2
Heating: Natural Gas
Lot Size: 3,125
Taxes: $3,632

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 3125
Parcel#: 20074190400000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 18
Township: South Chicago
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: RE/MAX Mi Casa
Agency Phone: 773-767-1616

Shown By

Agent Name: Craig Olafson
Agent Phone: (224) 229-8258
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,095.44 per month $744.94 Principal & Interest $302.67 Property Tax $47.83 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/18/2026. The listing information on this page last changed on 07/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/18/2026 12:00:38 AM EST) or MRED MLS (last updated Fri 07/17/2026 11:58:42 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 07/17/2026 10:30:02 PM EST) or Northern Illinois Commercial Association Realtors (last updated Fri 07/17/2026 2:10:07 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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