Address
2980 N Ridgeway Avenue, Chicago, IL
Price
$ 799,900
Property Attributes
  • MLS#11996950
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Avondale
  • NeighborhoodAvondale
  • Zip60618
  • StyleAmerican 4-Sq.
  • Year Built1909
  • Taxes$ 7873
  • Price$ 799,900
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size0.08 Acres
Data Source:
Midwest Real Estate Data (MRED)
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

Price History
3/13/2024 Listed $849,900
4/14/2024 6% - $799,900

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Architectural Style American 4-Sq.
Year Built 1909
Township Jefferson
Tax Year 2022
Percent Ownership Fee Simple
Community Features Sidewalks,Street Lights,Street Paved
County Cook
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Total Rooms 15
Status Contingent
Directions Milwaukee Ave to Ridgeway,north to property
City Chicago
High School District 299
MLS Area CHI - Avondale
Waterfront Y/N No
Street Name Ridgeway
Tax Annual Amount 7873
Virtual Tour https://tours.databasedads.com/4600676/2980-N-Ridgeway-Avenue-Chicago-IL?u=1
Days on Market 66
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement None
Street Suffix Avenue
Total Bedrooms 8
Room Type Den,Utility Room-1st Floor,Utility Room-2nd Floor
Total Baths 3
Bedrooms Possible 8
Basement Crawl
Bathrooom Garden Tub
Full Baths Building 3
Total Number of Units 3

Exterior Features

Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 25X130
Lot Size Acres 0.08
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Frame

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 Contingent Average in 60618

Price
AVG $620K
$800K
Taxes
AVG $9,847
$7,873
Visits
AVG 175
275
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1909

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