7750 S Ridgeland Avenue
Chicago, IL 60649

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $405,000

About this home

Wow! This is an outstanding investment opportunity! All the heavy lifting is done! This "move in ready"and freshly painted building is well maintained! New roof (2020) and boiler (2018). The Ring security system includes cameras with flood lights, and there's an intercom with doorbell system. No carryover tenants. You select your preferred tenants to lease the 3 large apartments. Each 3-bedroom unit is carpeted with 2 pantries. There's a shared washer and dryer in the basement and a 3-car garage. The basement has front and rear exits with great ceiling height for you to add a 4th, 1 or 2 BR apartment. Comes with all window treatments, 1 washer, 1 dryer, 1 stove, 1 refrigerator and 1 window air conditioner. Easy access to Du Sable Lake Shore Drive, public transportation, South Shore Cultural Center and golf course, AND the soon to be built Obama Presidential Library and Regal Mile Film Studio. Don't miss this opportunity to own in South Shore. Property is being sold As Is.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1926
Parking Total 3
Exterior Building Type Brick
Exterior Property Features Storms/Screens, Other
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 3
Parking Garage
Roof Type Rubber
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights, Street Paved
Area Major CHI - South Shore
Zoning Type MULTI
Corporate Limits Chicago
Directions East or west on 76th to Ridgeland. South to address.
Elementary Sch Dist 299
Heat/Fuel Other
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 3
Full Baths in Building Count 3
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Window Air Conditioner
Full Baths Total 1
Rooms Total 6
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 6
Tenant Pays Electric
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 6
Tenant Pays Electric
Floor Number 3
Property / Lot Details
Lot Dimensions 3750
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 VA
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 20253180360000
Special Assessments N
Taxes $3,983
Tax Exemptions None
Tax Year 2022
$405,000 Listing Price:
MLS # 11961414
Investment Profile Residential Income
Listing Market Time 72 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 01/14/2024
Year Built 1926
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