Price Reduction
Address
9821 S RIDGELAND, Oak Lawn, IL
Price
$ 625,000
Property Attributes
- MLS#12036703
- TypeMulti-Family
- CountyCOOK
- CityOak Lawn
- AreaOak Lawn
- Zip60453
- Style
- Year Built1986
- Taxes$ 13808
- Price$ 625,000
- Bedrooms7
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage4350
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Welcome to this built in 1986 legal 3-flat property located in the heart of Oak Lawn. Attractive and sturdy brick/stone exterior accented by architectural shingles roof, front portico entryway & professional landscaping. This well-maintained building features two spacious 2 bedroom, 2-bath units along with a third 3 bedroom, 2-bath unit on top floor. Each unit is about 1400 ft and the two 2 bedroom units could possibly be converted to a 3 bedrooms by repurposing a spacious dining room as there is already a sufficient table space by the kitchen to maximize the earnings. (Please do your due diligence- it is w suggestion not a guarantee). Currently fully leased with quality tenants, this property offers a fantastic opportunity for immediate rental income with a potential to increase rent upon lease renewal as Oak Lawn is a sizzling hot rental market. Each unit is equipped with central air conditioning/forced heat for added comfort as well as convenience of having their own private full size laundry/storage room. Tenants are responsible for paying gas and electric expenses. Don't miss out on this chance to own a lucrative investment property in a desirable location across from Chicago Ridge Mall. Contact us today for more information and be the first to seize this exceptional real estate opportunity. Plenty of parking on the paved back lot and driveway. Reach out to your agent to see DETAILED VIDEO if units!!
| Elementary School | Middle School | High School |
|---|---|---|
| Columbus Manor Elementary School | Simmons Middle School | Oak Lawn Comm High School |
| Price History | |
|---|---|
| 4/30/2024 | Listed $635,000 |
| 5/17/2024 | 2% - $625,000 |
General Features
| Sewer | Public Sewer,Sewer-Storm |
|---|---|
| Heating | Natural Gas,Forced Air,Sep Heating Systems - 2+,Indv Controls |
| Possession | Closing,Tenant's Rights |
| Roof | Asphalt |
| Architectural Style | Other |
| Year Built | 1986 |
| Township | Worth |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Gross Income | 52008 |
| Community Features | Sidewalks,Street Lights,Street Paved |
| County | Cook |
| New Construction | No |
| Property Type | Residential Income |
| Total Rooms | 15 |
| Status | Price Change |
| Directions | 95TH TO RIDGELAND S. TO ADDRESS |
| High School | Oak Lawn Comm High School |
| City | Oak Lawn |
| High School District | 229 |
| MLS Area | Oak Lawn |
| Waterfront Y/N | No |
| Street Name | RIDGELAND |
| Elementary School | Columbus Manor Elementary School |
| Tax Annual Amount | 13808 |
| Middle/Junior High School | Simmons Middle School |
| Trash Expense | 1265 |
| Water Sewer Expense | 1870 |
| Additional Parcels Y/N | No |
| Days on Market | 25 |
| Standard Status | Active |
| Middle/Junior School District | 122 |
| Elementary School District | 122 |
| Property Type | Two to Four Units |
Interior Features
| Basement | None |
|---|---|
| Total Bedrooms | 7 |
| Total Baths | 6 |
| Bedrooms Possible | 7 |
| Basement | None |
| Full Baths Building | 6 |
| Total Number of Units | 3 |
Exterior Features
| Parking Features | Assigned,Driveway,Parking Lot |
|---|---|
| Lot Features | Landscaped,Sidewalks,Streetlights |
| Water Source | Lake Michigan |
| Total Parking | 7 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 50 X 110 |
| Other Equipment | Intercom,Fire Sprinklers,CO Detectors |
| Exterior | Brick,Stone |
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 60453
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 18, 2024 4:38 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 18, 2024 4:38 AM UTC
