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.
  • Property situated within the 60608 zip code area.
  • Multifamily asset class suitable for rental income investment.
  • Well-connected location within the broader Chicago metro market.
  • Provides a scalable residential real estate investment opportunity.

What's Special

This six-unit multifamily apartment building located at 3251-53 S Wood Street represents a clear investment opportunity within the Chicago market. Positioned in the 60608 zip code, the property benefits from its proximity to major transportation corridors and the dense residential fabric of the city. Chicago maintains a diverse economic base and a consistent demand for rental housing across its varied neighborhoods, making this asset suitable for investors looking to expand their portfolio in a stable urban environment. Residential buildings of this scale cater to a wide tenant demographic seeking access to local employment hubs and the cultural amenities of the greater metropolitan area. The structure provides a manageable asset size for those focused on multi-family operations. Potential buyers will find this location well-integrated into the surrounding community, offering functional utility for both long-term holding strategies and property management efficiency in one of the Midwest's most significant economic centers.

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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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