2656 S Ridgeway Avenue
Chicago, IL, 60623
$354,900
7 Beds
3 Baths
0 SqFt
0 Acres
Add
Add
$354,900
2656 S Ridgeway Avenue
Chicago, IL, 60623
MLS #MRD12275520 img 0MLS #MRD12275520 img 1MLS #MRD12275520 img 2MLS #MRD12275520 img 3MLS #MRD12275520 img 4MLS #MRD12275520 img 5MLS #MRD12275520 img 6MLS #MRD12275520 img 7MLS #MRD12275520 img 8MLS #MRD12275520 img 9MLS #MRD12275520 img 10MLS #MRD12275520 img 11MLS #MRD12275520 img 12MLS #MRD12275520 img 13MLS #MRD12275520 img 14MLS #MRD12275520 img 15MLS #MRD12275520 img 16MLS #MRD12275520 img 17MLS #MRD12275520 img 18MLS #MRD12275520 img 19MLS #MRD12275520 img 20MLS #MRD12275520 img 21MLS #MRD12275520 img 22MLS #MRD12275520 img 23MLS #MRD12275520 img 24
This exceptional brick 2-flat with coach house represents a rare chance to invest in one of Chicago’s most dynamic neighborhoods. Strategically located just steps away from the bustling shopping district along 26th Street, this property sits in the “second Magnificent Mile” – the second-highest grossing retail strip in Chicago, surpassed only by Michigan Avenue. The property boasts an impressive 7 bedrooms total across three units, currently generating a steady monthly income with month-to-month tenants.. This flexible rental arrangement provides investors with immediate cash flow and the ability to adjust strategies as the market evolves. The brick construction and coach house offer additional value. The neighborhood’s strategic location offers close proximity to parks and easy access to expressways, making it an attractive option for both residents and investors. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer seeking a strategic investment, this 2-flat offers an exceptional opportunity to capitalize on Little Village’s dynamic real estate market and take over this great investment from a seller that appreciates buyers agents

Property Details

Price:
$354,900
MLS #:
MRD12275520
Status:
Active
Beds:
7
Baths:
3
Address:
2656 S Ridgeway Avenue
Type:
Multi Family
Subdivision:
Little Village
Neighborhood:
CHI – South Lawndale
City:
Chicago
Listed Date:
Jan 22, 2025
State:
IL
ZIP:
60623
Year Built:
1901

Schools

School District:
299
Elementary School:
Gary Elementary School

Interior

Heating
Natural Gas

Exterior

Architectural Style
Bi- Level
Community Features
Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Other Structures
Guest House
Parking Features
Off Street
Parking Spots
1
Roof
Asphalt

Financial

Tax Year
2022
Taxes
$5,245
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

2656 S Ridgeway Avenue
Chicago, IL