$799,900
2980 N Ridgeway Avenue
Chicago, IL, 60618
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
Property Details
Price:
$799,900
MLS #:
MRD11996950
Status:
Active Under Contract
Beds:
8
Baths:
3
Address:
2980 N Ridgeway Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Mar 13, 2024
State:
IL
ZIP:
60618
Year Built:
1909
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Architectural Style
American 4- Sq.
Community Features
Sidewalks, Street Lights, Street Paved
Parking Spots
2
Roof
Asphalt
Financial
Buyer Agent Compensation
2.5% – $495Net Sale Price
Tax Year
2022
Taxes
$7,873
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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2980 N Ridgeway Avenue
Chicago, IL
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