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!
Active
Price cut: $5K (6/11)
$164,000
5338 S Wood St, Chicago, IL 60609
7beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious unit layouts
- 52 days |
- 385 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Maria Castillo (773)767-1616,
RE/MAX Mi Casa
Source: MRED as distributed by MLS GRID,MLS#: 12653552
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 2
- Parking features: Yes, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,125 Square Feet
Details
- Parcel number: 20074190400000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Park, Lake, Street Lights, Street Paved
- Subdivision: Back Of The Yards
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $180,010
- Annual tax amount: $3,632
- Date on market: 5/22/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,765/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $164,000 |
Source:  MRED as distributed by MLS GRID #12653552 Report a problem | ||
| 6/24/2026 | Contingent | $164,000 |
Source: MRED as distributed by MLS GRID #12653552 Report a problem | ||
| 6/11/2026 | Price change | $164,000-3% |
Source: MRED as distributed by MLS GRID #12653552 Report a problem | ||
| 5/20/2026 | Listed for sale | $169,000-6.1% |
Source: MRED as distributed by MLS GRID #12653552 Report a problem | ||
| 4/6/2026 | Listing removed | $179,999 |
Source: MRED as distributed by MLS GRID #12199788 Report a problem | ||
| 3/11/2026 | Contingent | $179,999 |
Source: MRED as distributed by MLS GRID #12199788 Report a problem | ||
| 12/11/2025 | Listed for sale | $179,999 |
Source: MRED as distributed by MLS GRID #12199788 Report a problem | ||
| 10/21/2025 | Contingent | $179,999 |
Source: MRED as distributed by MLS GRID #12199788 Report a problem | ||
| 8/21/2025 | Listed for sale | $179,999-10% |
Source: MRED as distributed by MLS GRID #12199788 Report a problem | ||
| 8/7/2025 | Contingent | $199,999 |
Source: MRED as distributed by MLS GRID #12199788 Report a problem | ||
| 6/26/2025 | Listed for sale | $199,999-9.1% |
Source: MRED as distributed by MLS GRID #12199788 Report a problem | ||
| 5/17/2025 | Listing removed | $220,000 |
Source: MRED as distributed by MLS GRID #12199788 Report a problem | ||
| 11/14/2024 | Listed for sale | $220,000 |
Source: MRED as distributed by MLS GRID #12199788 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $18,001 +227.4% |
| 2023 | $1,167 +171.3% | $5,499 |
| 2022 | $430 -1.4% | $5,499 |
| 2021 | $436 -61.3% | $5,499 -32.3% |
| 2020 | $1,127 -5.8% | $8,127 -13% |
| 2019 | $1,195 +1.8% | $9,342 |
| 2018 | $1,174 -54.5% | $9,342 -38.9% |
| 2017 | $2,581 +0.1% | $15,287 |
| 2016 | $2,579 +10.3% | $15,287 |
| 2015 | $2,337 -4.6% | $15,287 -2.4% |
| 2014 | $2,449 +2.5% | $15,668 |
| 2013 | $2,390 +0.3% | $15,668 |
| 2012 | $2,383 -6.4% | $15,668 -20.3% |
| 2011 | $2,547 +5% | $19,651 |
| 2010 | $2,426 +12.5% | $19,651 |
| 2009 | $2,156 -28.1% | $19,651 -5.3% |
| 2008 | $2,997 +0.9% | $20,740 |
| 2007 | $2,970 -1.1% | $20,740 |
| 2006 | $3,002 +172.1% | $20,740 +207.2% |
| 2005 | $1,103 +0.1% | $6,752 |
| 2004 | $1,102 +2.2% | $6,752 |
| 2003 | $1,079 +2.5% | $6,752 +16.4% |
| 2002 | $1,053 +3.7% | $5,803 |
| 2001 | $1,015 +109.6% | $5,803 |
| 2000 | $484 -3.8% | $5,803 +46.9% |
| 1999 | $503 | $3,951 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Back of the Yards
Nearby schools
GreatSchools rating
- 3/10Fulton Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Tilden Career Communty Academy High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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