Address
3457-59 N Ridgeway Avenue, Chicago, IL
Price
$ 1,399,000
Property Attributes
  • MLS#12001300
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Avondale
  • Zip60618
  • StyleMulti-Family
  • Year Built1926
  • Taxes$ 16056
  • Price$ 1,399,000
  • 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
6/13/2024 4% - $1,399,000

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 Active
Directions N Pulaski to W Addison St to N Ridgeway Ave 2 the building
City Chicago
NumberOfUnitsTotal 8
MLS Area CHI - Avondale
Lot Size Square Feet 5140
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 86
Standard Status Active
Property Type Multi Family 5+

Interior Features

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
AVG $1.09M
$1.4M
Taxes
AVG $11,951
$16,056
Visits
AVG 196
179
Data Provided by Inside Real Estate®
Year Built
AVG 1913
1926