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3457-3459 N Ridgeway Ave 8 Unit Apartment Building $1,299,990 ($162,499/Unit) Chicago, IL 60618

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EXECUTIVE SUMMARY

New price! 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 Bedroom, 1 Bathroom and Living Rm. Two units have updated kitchens. Currently 7 units are occupied by tenants and 8th unit is currently vacant. Tenants on M/ M basis. 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 Additional 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. CHECK FINANCIALS FOR RENT ROLL.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,299,990
Price Per Unit $162,499
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 4,800 SF
Average Occupancy 95%
No. Stories 2
Year Built 1926
Zoning R3, Chicago

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - 600
Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-23-314-001-0000
Land Assessment
$22,359
Improvements Assessment
$72,441
Total Assessment
$94,800
  • Listing ID: 32010818

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 3457-3459 N Ridgeway Ave, Chicago, IL 60618

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