Chicago, IL 60618 2976 N Ridgeway Avenue

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Presented By: Chicagoland Brokers, Inc.
  • MLS# 12085253
  • 07/11/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 11
  • Full/Half Baths • 8 / 1
  • Garage • 2

Home Details

2022 Gut Rehab permits/plans/inspections. Low maintenance with Long term tenants. Low property tax. 2-car garage. Total building sq ft-5,800. Privacy fence. All units have tankless HW, washer/dryer, stainless appliances, hardwood floors, quartz countertops, Forced HVAC, new plumbing and 400amp Elec. service with sub-panels for each unit. New water service with booster pump. Two duplex (duplex up and duplex down) units and two simplex units (simplex units have a storage unit). 7-room Duplex-Up lives like SFH: Main level features Liv./Din./Office/Powder Rm./Coat closet/ Mudroom (bench/coat hooks) and custom kitchen with upgraded appliances and 3 bed/2bath w/ ensuite bath (both baths have heated floors), multiple built out closets and laundry. Right off bustling Milwaukee Ave. 6.7% Cap rate
Presented By: Chicagoland Brokers, Inc.

Interior Features for 2976 N Ridgeway Avenue

Bedrooms

Bedrooms Possible11
Total Bedrooms11

Bathrooms

Full Baths Building7
Half Baths Building1
Total Baths8

Other Interior Features

BasementFull
BasementFinished
Total Number of Units4

Other Rooms

Room TypeDen, Enclosed Porch, Utility Room-Lower Level

General for 2976 N Ridgeway Avenue

CityChicago
CountyCook
Days on Market40
DirectionsMilwaukee Ave. to Ridgeway Ave South to 2976.
Electric Expense960
Elementary School District299
Exterior FeaturesPatio, Porch, Brick Paver Patio
Fuel Expense1200
Garage Spaces2
Gross Income126600
HeatingNatural Gas
High School District299
Insurance Expense4200
MLS AreaCHI - Avondale
Middle/Junior School District299
Net Operating Income106940
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt, Metal
SewerPublic Sewer, Sewer-Storm
Standard StatusActive
StatusActive
Tax Annual Amount9034
Tax Year2022
Total Rooms24
TownshipJefferson
Water Sewer Expense1758
Waterfront Y/NNo
Year Built1913

Exterior for 2976 N Ridgeway Avenue

ExteriorVinyl Siding
Foundation DetailsConcrete Perimeter
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeDetached
Lot Dimensions25X137
Total Parking2
Water SourceLake Michigan

Additional Details

Price History

Worth Clark

Price $1,599,000
MLS#12085253
List Date 07/11/2024
Property Type Multi-Family
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