3724 Ridgeland Avenue
Berwyn, IL 60402

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $600,000

About this home

Welcome to this incredible 3-Unit Brick building listed in the sought after Berwyn Neighborhood! 1st floor unit is vacant and offers 3 bedrooms, 1.5 bathrooms, 2nd floor unit has been rehabbed and offers 3 great sized bedrooms & 1.5 bathrooms, and Garden Unit has also been rehabbed offering 2 bedrooms & 1 full bathroom. This building has been super well taken care of, the current owners have updated to a brand new 400 AMP Electrical service, New water heater (2023), all electric stoves, and Amazing tenants with leases until March 2024 on 2 of the units. Enjoy the convenient location near restaurants, shopping, public transportation, and close proximity to expressways! Don't miss your opportunity to view this stunning property!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 61-70 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1962
Parking Total 2
Exterior Building Type Brick
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2022
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Berwyn
Corporate Limits Berwyn
Directions Cermak to Ridgeland South to Property
Equipment Ceiling Fan(s), Sump Pump, Water Heater-Gas
Elementary Sch Dist 100
Heat/Fuel Natural Gas
High Sch J Sterling Morton West High Scho
High Sch Dist 201
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 100
Township Berwyn
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 5
Full Baths in Building Count 3
Half Baths in Building Count 2
Total Rooms 13
Units
unit 1
Beds Total 3
Baths Total 2
Actual Rent 1750
Appliances And Features Dishwasher, Window Air Conditioner, Cooktop, Oven/Built-in
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date 03/24
Rooms Total 6
Security Deposit 1750
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Appliances And Features Stove, Refrigerator, Dishwasher, Window Air Conditioner
Full Baths Total 1
Half Baths Total 1
Lease Expiration Date VAC
Rooms Total 6
Security Deposit VAC
Tenant Pays Electric
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1200
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 1
Lease Expiration Date 03/24
Rooms Total 4
Security Deposit 1200
Tenant Pays Electric
Floor Number L
Property / Lot Details
Lot Dimensions 30X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Rental Income 2950
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16314191210000
Special Assessments N
Taxes $10,972
Tax Exemptions Homeowner
Tax Year 2021
$600,000 Listing Price:
MLS # 11937633
Investment Profile Residential Income
Listing Market Time 31 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 11/28/2023
Year Built 1962
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