Income Producing 2 Unit in Prime Chicago Location. Fantastic investment opportunity! This solid brick 2 unit building offers huge 3 bedroom layouts in both units, each featuring hardwood floors, newer windows, and enclosed back porches for added storage and year-round usability. Inside, the units offer generous living and dining spaces with great natural light, tall ceilings, and classic Chicago architectural character. Kitchens are functional with room to dine in, and bathrooms are well maintained. The building also includes a full basement, ideal for storage or future expansion potential. The backyard provides usable outdoor space, and the property sits on a quiet residential block with easy access to public transportation, parks, and local amenities. Whether you're an investor looking to add a strong cash flowing property to your portfolio or an owner occupant seeking rental income, this building delivers value and space.
Active
$395,000
5518 S Wood St, Chicago, IL 60636
6beds
--sqft
Multi Family
Built in 1912
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Tall ceilingsClassic chicago architectural characterGreat natural lightNewer windowsHardwood floors
- 70 days |
- 87 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Emily Roman 312-731-2451,
Realty of America, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12638751
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 3
- Parking features: Yes, Owned
Lot
- Size: 3,844 Square Feet
- Dimensions: 31' X 124'
Details
- Parcel number: 20182030190000
- Zoning: OTHER
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Flat
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Sidewalks, Street Paved
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $160,000
- Annual tax amount: $2,110
- Date on market: 5/6/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $395,000+939.5% |
Source:  MRED as distributed by MLS GRID #12638751 Report a problem | ||
| 9/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/4/2023 | Listed for rent | $1,295 |
Source: Zillow Rentals Report a problem | ||
| 8/23/2016 | Sold | $38,000-22.4% |
Source: MRED as distributed by MLS GRID #09243745 Report a problem | ||
| 7/27/2016 | Pending sale | $49,000 |
Source: Real Living City Residential #09243745 Report a problem | ||
| 7/7/2016 | Price change | $49,000-12.5% |
Source: Real Living City Residential #09243745 Report a problem | ||
| 6/2/2016 | Listed for sale | $56,000 |
Source: Real Living City Residential #09243745 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $16,000 +60% |
| 2023 | $2,110 +2.6% | $10,000 |
| 2022 | $2,057 +2.3% | $10,000 |
| 2021 | $2,011 -7.9% | $10,000 +2% |
| 2020 | $2,184 -3.5% | $9,802 -13% |
| 2019 | $2,264 +1.7% | $11,267 |
| 2018 | $2,226 -22.4% | $11,267 -15.4% |
| 2017 | $2,867 +0.2% | $13,318 -6.8% |
| 2016 | $2,862 +9.3% | $14,289 |
| 2015 | $2,618 +3.8% | $14,289 +5.1% |
| 2014 | $2,524 +2% | $13,601 |
| 2013 | $2,474 +1.4% | $13,601 |
| 2012 | $2,441 -17.4% | $13,601 -25.4% |
| 2011 | $2,956 -0.4% | $18,240 |
| 2010 | $2,968 -5.8% | $18,240 -9.7% |
| 2009 | $3,150 +7.2% | $20,201 -1.4% |
| 2008 | $2,938 +1% | $20,481 |
| 2007 | $2,909 -1.1% | $20,481 |
| 2006 | $2,940 +54.9% | $20,481 +76.3% |
| 2005 | $1,898 +1% | $11,616 |
| 2004 | $1,879 +2.2% | $11,616 |
| 2003 | $1,838 +26.6% | $11,616 +43.8% |
| 2002 | $1,451 +38.4% | $8,079 |
| 2001 | $1,049 +16.3% | $8,079 |
| 2000 | $901 +0.7% | $8,079 +20.7% |
| 1999 | $895 | $6,692 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West Englewood
Nearby schools
GreatSchools rating
- 4/10Henderson Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 7/10Horzion Science Academy - Southwest CharterGrades: K-12Distance: 0.6 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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