3251-53 S WOOD Street

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3251-53 S WOOD Street

Chicago, IL 60608
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Six-unit apartment building located in Chicago Illinois
  • Residential multifamily asset positioned within the Bridgeport neighborhood
  • Stable rental inventory located at 3251-53 S Wood Street
  • Suitable for investors targeting multi-family income properties
  • Located in a significant urban rental market area

What's Special

This six-unit multifamily apartment building at 3251-53 S Wood Street provides a stable residential asset in the Bridgeport neighborhood of Chicago. The property sits within a well-established urban residential corridor, characterized by its proximity to major transit routes and local commercial thoroughfares that define this historic area of the city. Chicago maintains a diverse economic base and a robust rental market, supporting steady demand for well-positioned multi-family housing near central employment hubs and cultural centers. Investors may find value in this asset as a long-term hold for rental income generation. The building layout is designed to serve residential tenants who rely on easy access to the surrounding South Side neighborhoods. With its strategic placement, the property aligns well with portfolios focused on density and reliable unit counts in one of the most significant rental markets in the Midwest.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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