6037 & 6039 South Wood StreetChicago, IL 60636Price: $195,000

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.