2980 N Ridgeway Avenue Chicago, IL $ 799,900
2980 N Ridgeway Avenue
$ 799,900
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2980 N Ridgeway Avenue

Chicago, IL, 60618
$ 799,900
Bedrooms8 Baths3.0

Monthly Estimate*

$ 5,588

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Multi-Family Home for sale in Chicago, IL

for $799,900 with 8 bedrooms and 3 full baths. This home was built in 1909 on a lot size of 0.08.

LEGAL 3 UNIT (CERT IS ON PHOTOS 0 Building is vacant and ready to be leased). Arm Chair investment that has been rehabed. New changes in 2023 - all new baths, floors, complete redo of the third floor unit. New Hardie board front and back siding. leveling of all the floors. Some new hardwood floors where needed. New dishwashers and Laundry in each unit. (see floor plans) first and second floor are large 3 bed + den units (approx 2200 each in rent) - and the third floor is a smaller 1 bed + den unit (1500 in rent). AC/gas forced heat in 1st and second units. Only furnace on top floor unit - but its AC ready - AC line as already been set up. Appliances, roof, plumbing and mechanicals all from 2016. 2 car garage and nice backyard. Right off Milwaukee in Avondale - tons of retail, nightlife, public trans and very close to 90/94. Renters pay all electric and gas bills. Only owner costs are water (approx. 600 a year) and insurance (2200 a year). This is a great property priced at over 7 percent on your investement with no differed maintanence. Great for owner occupied with low down payments allowed - great for owner and also AIrbnb mix

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Multi-Family Contingent

Price

$ 799,900

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,873

Style

American 4-Sq.

Lot Size

0.08

Year Built

1909

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11996950

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Architectural Style American 4-Sq.
Year Built 1909
Township Jefferson
Tax Year 2022
Percent Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 15
Status Contingent
Directions Milwaukee Ave to Ridgeway north to property
City Chicago
High School District 299
MLS Area CHI - Avondale
Waterfront Y/N N
Street Name Ridgeway
Tax Annual Amount 7873
Virtual Tour https://tours.databasedads.com/4600676/2980-N-Ridgeway-Avenue-Chicago-IL?u=1
Days on Market 46
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None Crawl
Street Suffix Avenue
Total Bedrooms 8
Room Type Den Utility Room-1st Floor Utility Room-2nd Floor
Total Baths 3
Bedrooms Possible 8
Bathrooom Garden Tub
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 25X130
Lot Size Acres 0.08
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Frame
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* Excluded Features
List By
Berkshire Hathaway Homeservices Chicago

Broker

sklopas@bhhschicago.com; KSteamShowings@bhhschicago.com

Email

Affordability Calculator

$6,244
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
$656
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2024$799,900 -5.88% Price Down
3/13/2024$849,900 Listed Price

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2980 N Ridgeway Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $799,900 with a lot size of 0.08. 2980 N Ridgeway Avenue has 8 bedrooms, 3.0 baths, and was built in 1909. The property's zip code is 60618 which is in Chicago, IL