$2,200,000
5771 N Ridge Avenue
Chicago, IL, 60660
Luxury, income producing property in Fantastic Edgewater location. 6 unit building with nearly $200k in gross annual income with condo quality units. Building features 2 duplex down 3 bed 3 bath units on 1st level, 2 simplex 3 bed 2 bath units on 2nd level and 2 additional duplex up units on 3rd and 4th levels. Rents ranging from $2500-$3000 with mulitiple, long term tenants. Also prime opportunity for condo conversion with attached garage parking spots and roof deck possibilities. Modern finishes throughout with kitchens featuring Viking appliances, Brookhaven cabinetry and granite tops.Stone baths, hardwood floors and in unit laundry. Easy access to Byrn Mawr el and shops, Edgewater Beach and short walk to Andersonville shops boutiques and nightlife. A fantastic, turnkey opportunity!
Property Details
Price:
$2,200,000 / $2,100,000
MLS #:
MRD11727247
Status:
Closed ((May 15, 2023))
Beds:
0
Baths:
0
Address:
5771 N Ridge Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Feb 27, 2023
State:
IL
ZIP:
60660
Year Built:
2008
Schools
Interior
Cooling
Central Air
Exterior
Financial
Buyer Agent Compensation
2.25% – $375Net Sale Price
Tax Year
2021
Taxes
$20,583
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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5771 N Ridge Avenue
Chicago, IL
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