4851 S Wood Street, Chicago IL 60609
Property Description
**INVESTOR & REHAB OPPORTUNITY IN BACK OF THE YARDS!** Bring your vision and unlock the potential of this Chicago 2-unit at 4851 S Wood St. Offering approximately 1,600 sq. ft. with 4 bedrooms and 2 bathrooms total, this property is ready for an investor, rehabber, or buyer looking to renovate and add value. The rehab needs to be completed, giving you the opportunity to finish the property to your specifications. Priced below market value and being sold strictly **AS-IS**. Seller will not make repairs. Conventional, cash, or renovation financing preferred. **No FHA financing unless using an FHA 203(k) renovation loan. Conveniently located in Chicago's Back of the Yards neighborhood with access to transportation, shopping, schools, and neighborhood amenities. Whether you're looking to renovate and hold as a rental, house hack, or complete your next investment project, this property offers plenty of possibilities. Bring your contractor, bring your ideas, and schedule your showing today!
Features & Information
Key Details
- List Price $170,000
- Property Taxes $994
- Year Built 1896
- Status Active
- List Market Time 7
Units
-
Unit 1
- Floor 1
- Rooms 4
- Beds 2
- Baths 1
- Appliances None
- Tenant Pays None
- Lease Expires N/A
-
Unit 2
- Floor 2
- Rooms 4
- Beds 2
- Baths 1
- Appliances None
- Tenant Pays None
- Lease Expires N/A
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property 49th St West To Wood St South To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 994
- Tax Year 2023
- Parcel Identification Number 20072120220000
Listed by Brian Miller for Realty of America | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/26/2026 11:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Back of the Yards
The Back-of-the-Yards neighborhood is one of the original communities of the American Industrial Revolution. This was the site of radical social change that moved the country forward with progress in labor relations and how society views laborers. The slaughterhouses and harsh working conditions attracted both reformers and authors who acted as advocates for the everyman. Now the neighborhood is an intriguing place to explore, with a plethora of parks and a strong, diversified community that is expanding on its industrial base. Classic Chicago bungalows are joined by other single-family homes and some condominium conversions to give homeowners a wide range of real estate to choose from. Specialty grocery stores and an international selection of restaurants round out the backdrop of Chicago's Back-of-the-Yards neighborhood.
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