Address
328 S Ridgeland Avenue, Oak Park, IL
Price
$ 605,000
Property Attributes
  • MLS#10941490
  • TypeMulti-Family
  • CountyCOOK
  • CityOak Park
  • AreaOak Park
  • NeighborhoodRidgeland
  • Zip60302
  • Style
  • Year Built1910
  • Taxes$ 17042
  • Price$ 605,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3000
  • Lot Size6,534 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

**BUILDING IS FULLY VACANT** PERFECT TIME FOR OWNER/OCCUPANT OR REHABBER TO PURCHASE** PLEASED TO PRESENT 328 SOUTH RIDGELAND AVENUE IN OAK PARK, ILLINOIS, A TWO-UNIT, VINTAGE, WALK-UP APARTMENT BUILDING. THE SUBJECT PROPERTY CONTAINS TWO LARGE THREE-BEDROOM/ONE-BATHROOM UNITS (APPROXIMATELY 1,500 SQUARE FEET). BOTH UNITS FEATURE VINTAGE CHARM, SUNROOMS, ENCLOSED BACK PORCHES AND DESIGNATED WASHER/DRYER IN THE BASEMENT. ON-SITE THERE IS A THREE-CAR GARAGE AND BACK PATIO AREA FOR TENANTS TO ENJOY. 328 RIDGELAND AVENUE SITS APPROXIMATELY FOUR BLOCKS SOUTH OF THE RIDGELAND CTA GREEN LINE STATION, APPROXIMATELY ONE MILE NORTH OF THE CTA OAK PARK BLUE LINE STATION, ONE MILE NORTH OF INTERSTATE 290 AND ONE MILE SOUTH OF DOWNTOWN OAK PARK ALONG LAKE STREET. THIS ASSET OFFERS A POTENTIAL INVESTOR OR OWNER-OCCUPANT THE OPPORTUNITY TO ACQUIRE A HIGH-QUALITY, WELL-MAINTAINED BUILDING IN A SUPERB LOCATION. THE SUBJECT PROPERTY FITS WELL AS A STAND-ALONE PROPERTY OR WITHIN A LARGER PORTFOLIO.

Elementary School Middle School High School
William Beye Elementary School Percy Julian Middle School Oak Park & River Forest High Sch
Price History
11/25/2020 Listed $615,000
8/10/2023 2% - $605,000

General Features

Sewer Public Sewer
Heating Natural Gas,Electric
Possession Closing
Exterior Features Patio,Porch Screened
Zoning MULTI
Garage Spaces 3
Year Built 1910
Township Oak Park
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 66780
County Cook
Net Operating Income 37439
Insurance Expense 2733
New Construction No
Property Type Residential Income
MaintenanceExpense 210
Total Rooms 18
Status Active
Directions NORTHEAST CORNER OF SOUTH RIDGELAND AVENUE AND WASHINGTON BOULEVARD
High School Oak Park & River Forest High Sch
City Oak Park
High School District 200
MLS Area Oak Park
Waterfront Y/N No
Street Name Ridgeland
Elementary School William Beye Elementary School
Tax Annual Amount 17042
Electric Expense 393
Fuel Expense 2977
Middle/Junior High School Percy Julian Middle School
Water Sewer Expense 3040
Additional Parcels Y/N No
Days on Market 1256
Standard Status Active
Middle/Junior School District 97
Elementary School District 97
Property Type Two to Four Units

Interior Features

Basement Full
Full Baths 2
Street Suffix Avenue
Total Bedrooms 6
Room Type Den,Enclosed Porch,Foyer,Sun Room
Total Baths 2
Bedrooms Possible 6
Basement Unfinished
Full Baths Building 2
Total Number of Units 2

Exterior Features

Water Source Lake Michigan
Total Parking 3
Lot Dimensions 0.15 ACRES
Lot Size Acres 0.15
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60302

Price
AVG $820K
$610K
Taxes
AVG $17,255
$17,042
Visits
AVG 153
152
Data Provided by Inside Real Estate®
Year Built
AVG 1913
1910

Areas We Cover