2203 S Ridgeway Ave | Chicago, IL 60623
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- LoopNet Team
2203 S Ridgeway Ave
Chicago, IL 60623
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Desirable Unit Mix: All 2 bedroom/1 bathroom
- Strong Local Demand: 100% Occupied
- Walking Distance from the Central Park & Pulaski CTA Pink Line Stops
- Opportunity for Investor to Raise Currently Below Market Rents: Significant Rental Upside
- Almost All of the Units Renovated in the Last Two Years
- Individually Furnaced: Tenants Pay Heat
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 7,632 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1914 |
| Building Class | C | ||
| Zoning | R3, Chicago - Single and Two-Family Residential District | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 7,632 SF |
| No. Stories | 2 |
| Year Built | 1914 |
| Zoning | R3, Chicago - Single and Two-Family Residential District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 16-26-105-001-0000 | Improvements Assessment | $48,738 |
| Land Assessment | $7,462 | Total Assessment | $56,200 |
PROPERTY TAXES
Parcel Number
16-26-105-001-0000
Land Assessment
$7,462
Improvements Assessment
$48,738
Total Assessment
$56,200
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