1523 S Ridgeway Avenue
Chicago, IL 60623

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $449,000
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About this home

Welcome to your new investment opportunity! This beautifully rehabbed all-brick 2-unit property is just 5 minutes from the 290 highway and Pink Line train station, with downtown Chicago a short 15-minute commute away. Recent upgrades, including a new roof, new windows, privacy fencing, new furnace, new water heater and in unit laundry. The top-floor unit features 4 beds, 1 bath, a custom electric fireplace, stainless steel appliances, quartz countertops. Meanwhile, the first-floor duplexed down unit offers 5 beds, 2 baths. 2 car garage. Don't miss this turnkey property opportunity!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1915
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2024
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - North Lawndale
Corporate Limits Chicago
Directions 16th Street East/West to Ridgeway Avenue North to subject.
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished, Unfinished
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 3
Full Baths in Building Count 3
Total Rooms 14
Units
unit 1
Beds Total 5
Baths Total 2
Appliances And Features None
Full Baths Total 2
Lease Expiration Date 00/00
Rooms Total 5
Security Deposit 000
Tenant Pays None
Floor Number 1
unit 2
Beds Total 4
Baths Total 1
Appliances And Features None
Full Baths Total 1
Lease Expiration Date 00/00
Rooms Total 5
Security Deposit 000
Tenant Pays None
Floor Number 2
Property / Lot Details
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing FHA
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16231270080000
Special Assessments N
Taxes $2,031
Tax Exemptions None
Tax Year 2022
$449,000 Listing Price:
MLS # 12011588
Investment Profile Residential Income
Listing Market Time 75 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 03/22/2024
Year Built 1915
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