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Timothy Wallace

tim@loyaltyhomegroup.com +1(480) 213-5592

$ 195,000

Est. payment | -/mo

4 Beds

1 Bath

6,202 Sqft Lot

Save

$ 195,000

Est. payment | -/mo

Save

4 Beds

1 Bath

6,202 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12670581

Style Cape Cod

Bedrooms 4

Full Baths 1

Year Built 1908

Annual Tax Amount $1,050

Tax Year 2024

Lot Size 6,202 Sqft

Lot Dimensions 50 x 124

Property Sub-Type Detached Single

Property Description

Investment Property with Immediate Rental Income! Tenant-occupied property with an established month-to-month tenant in place. Buyer to assume the tenancy and honor all tenant rights. Current rent is $1,950 per month, providing immediate cash flow from day one. Charming Cape Cod-style home featuring a spacious upper-level living area, large front deck, fenced yard, and classic architectural appeal. This 4-bedroom, 1-bath home offers hardwood and wood laminate flooring, double-pane replacement windows, a full unfinished basement with exterior access, and a fenced yard. The newer vinyl siding, replacement windows, and elevated front deck are later updates, while recent improvements include a high-efficiency furnace (2024), new rear stairs and landing (2025), and refrigerator (2022). Conveniently located near the Ashland/63rd Green Line Station, public transportation, and major roadways, with easy access to I-90/I-94 and downtown Chicago. Tenant pays Peoples Gas and ComEd; landlord pays water, sewer, garbage, and lawn care. Property is being sold AS-IS. Bonus Opportunity: Included in the sale is the adjacent vacant lot located at 6039 S. Wood Street, Chicago, IL 60636 (PIN: 20184120160000). The residence is situated on a separate parcel at 6037 S. Wood Street, Chicago, IL 60636 (PIN: 20184120150000). Together, these parcels provide additional yard space, off-street parking potential, future development possibilities, and enhanced privacy. This unique offering presents added value and flexibility for investors seeking long-term upside. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and development opportunities. Portfolio Opportunity! Three tenant-occupied properties are available for purchase individually or as a package. All tenants are currently on month-to-month leases. Properties include: 1233 W. 73rd Place, Chicago, IL 60636-4137; 1647 W. 59th Street, Chicago, IL 60636-1754; and 6037 & 6039 S. Wood Street, Chicago, IL 60636-2201.

Location

State IL

County Cook

Area Chi - West Englewood

Body of Water 4 bedrooms, 1 bathroom, 2 lots

Rooms

Basement Unfinished, Exterior Entry, Full

Interior

Heating Natural Gas, Forced Air

Cooling None

Equipment CO Detectors

Fireplace N

Appliance Range, Refrigerator

Laundry Gas Dryer Hookup

Exterior

Community Features Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Mature Trees, Level

Dwelling Type Detached Single

Building Description Vinyl Siding,Frame, No

Sewer Public Sewer

Water Public

Level or Stories 2 Stories

Structure Type Vinyl Siding,Frame

New Construction false

Schools

Elementary Schools O'Toole Elementary School

Middle Schools O'Toole Elementary School

High Schools John Hope College Preparatory Se

School District 299 , 299, 299

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Mark Minorczyk of Keller Williams ONEChicago

+1(480) 213-5592

tim@loyaltyhomegroup.com

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6037 & 6039 S WOOD ST Chicago, IL 60636