Summary

  • For Sale    USD 799,900
  • 2980 N Ridgeway Avenue, Chicago IL 60618
  • Property Type: Multi-Family Home
  • Bedroom(s): 8
  • Bathroom(s): 3

Property Description

LEGAL 3 UNIT (CERT IS ON PHOTOS - Building is vacant and ready to be leased). Arm Chair investment that has been rehabed. New changes in 2023 - all new baths, floors, complete redo of the third floor unit. New Hardie board front and back of buildong. Garage siding and door replaced. New dishwashers and Laundry in each unit. Furnace on first floor is new. (see floor plans) First and second floor are large 3 bed + den units (approx 2200 each in rent) - and the third floor is a smaller 1 bed + den unit (1700 in rent). AC/gas forced heat in 1st and second floor. Only furnace on top floor unit - but its AC ready. Appliances, roof, plumbing, electrical and water heaters all from 2016. 2 car garage and nice backyard. Right off Milwaukee in Avondale - tons of retail, nightlife, public trans and very close to 90/94. Renters pay all electric and gas bills. Only owner costs are water (approx. 600 a year) and insurance (2200 a year). This is a great property priced at over 7 percent on your investement with no differed maintanence. Great for owner occupied with low down payments allowed - great for owner and also Airbnb mix. Building is over 110 years old - its not new construction.

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Sophia  Klopas
Sophia Klopas Chicago