Address
3457-59 N Ridgeway Avenue, Chicago, IL
Price
$ 1,450,000
Property Attributes
- MLS#12001300
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - Avondale
- NeighborhoodAvondale
- Zip60618
- StyleMulti-Family
- Year Built1926
- Taxes$ 16056
- Price$ 1,450,000
- Bedrooms7
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6392
- Lot Size0.117998 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Larger 8 Unit all brick Multi- Family building in up-and- coming Avondale right by South Old Irving Park and the Villa. All eight apartments have 1 Bedrm, 1 Bathrm and Living Rm. Four units have updated kitchens. Whole building is fully occupied by tenants. Most tenants on M/ M basis currently. Basement is full and has four unfinished parts with mechanicals, coin washer and dryer, all 9 meters and plenty of storage areas. Ages of some of components/ mechanicals per the owner: Newer hot water tank (2015). Newer Furnace (2014). Newer vinyl windows. Mix of copper and galvanized plumbing. Roof: total complete new layer after complete repair was done in (2017). Little backyard. Rent Roll is available in Add'l info on MLS. Currently it brings annual rental Income of: $ 143,580! And expenses per the owner are: $ 15,145 plus real estate taxes: $ 16,056 *** SELLERS MOTIVATED. BRING ME AN OFFER *** Convenient location close to Blue line train on Addison St and Expressway I-90.
| Price History | |
|---|---|
| 3/25/2024 | Listed $1,590,000 |
| 4/10/2024 | 9% - $1,450,000 |
General Features
| Possession | Closing |
|---|---|
| Zoning | MULTI |
| Year Built | 1926 |
| Tenant Pays | Electricity,Varies by Tenant |
| Stories | 2 |
| Township | Jefferson |
| Tax Year | 2021 |
| Current Use | Multi-Family |
| Gross Income | 143580 |
| County | Cook |
| Operating Expense | 31201 |
| Insurance Expense | 2650 |
| Property Type | Commercial Sale |
| Status | Re-activated |
| Directions | N Pulaski to W Addison St to N Ridgeway Ave 2 the building |
| City | Chicago |
| Total Units | 8 |
| MLS Area | CHI - Avondale |
| Lot Size Square Feet | 5140 |
| Street Name | Ridgeway |
| Tax Annual Amount | 16056 |
| Electric Expense | 640 |
| Fuel Expense | 7902 |
| Trash Expense | 1391 |
| Water Sewer Expense | 2562 |
| Additional Parcels Y/N | No |
| Days on Market | 61 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Avenue |
|---|---|
| Basement | Unfinished,Concrete (Basement),Storage Space |
Exterior Features
| Building Area Total | 6392 |
|---|---|
| Lot Dimensions | 5140 SQFT. |
| Frontage Type | City Street |
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 60618
Price
Taxes
Visits
Year Built
