Chicago Ridge IL Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1958
- Baths:
- 2.00
- MLS#:
- 12176228
View additional info
Courtesy: Keller Williams Preferred Rlty
708-798-1111
ADDITIONAL INFORMATION
Calling all investors looking for a turnkey rental property! Beautifully rehabbed all-brick 2-flat with 2.5 car garage and full basement (for a possible third unit for extra cash flow) now available in Chicago Ridge! The recently remodeled, spacious units both feature three bedrooms, beautiful refinished hardwood floors, modern high-end kitchens and bathrooms equipped with upgrades such as quartz countertops, new stainless steel appliances, and soft-close shaker-style cabinets. The entire building has new energy-efficient windows, and each unit also includes its own separate furnace and AC unit, delivered via forced air, along with brand-new hot water tanks, and updated copper plumbing throughout. Additionally, all utilities are metered separately for easy management, and a third electrical meter is present when you decide to finish a third basement unit. Property also includes a detached 2.5-car brick garage and a new brick paver walkway leading out to a spacious backyard. The huge backyard your tenants will love is perfect for BBQs or quality time together with the family. Use the rental income of one unit to subsidize a portion of your mortgage on the second unit while you live there, or finish out the basement as a legal third unit and maximize cash flow from your new investment property! Coin operated washer and dryer located in basement for increased revenue potential. Potential to rent garage for even greater cash flow. Both three-bedroom units are currently leased with excellent tenants. Schedule your showing today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1978
- Baths:
- 5.00
- MLS#:
- 12118249
View additional info
Courtesy: Kale Realty
312-939-5253
ADDITIONAL INFORMATION
VERY SOUGHT AFTER CHICAGO RIDGE 3 LEGAL BRICK BUILDING, CONSISTS OF (2) 3 BEDROOMS, 2 BATHS. SPACIOUS UNITS, HUGE LIVING ROOMS, DINNING ROOM COMBO WITH HUGE KITCHEN, PLENTY OF CABINETS, FULLY OCCUPIED, LONG-TERM TENANTS, NEW HALLWAY, FRONT AND BACK CARPET, PAINT, TRIM, LAMINATE FLOORS THROUGHOUT, WELL MAINTAINED. ONWER JUST REMODELED THE 2 BATHS IN THE MIDDLE FLOOR, PAINT, DOORS AND TRIM, ALSO REMODELED THE GARDEN APARTMENT. A NEW HEATER AND BOILER HAVE BEEN INSTALLED AS WELL. GREAT INCOME PRODUCING PROPERTY, IN A GREAT LOCATION. PLENTY OF PARKING IN THE BACK. GREAT INCOME PRODUCING PROPERTY, MONTHLY RENTAL INCOME EQUALS $5800 + $650 COIN MACHINE INCOME
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Chicago Ridge Real Estate
The median home value in Chicago Ridge, IL is $212,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago Ridge, IL is $212,000. Approximately 51.35% of Chicago Ridge homes are owned, compared to 39.94% rented, while 8.72% are vacant. Chicago Ridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago Ridge real estate agent to arrange a tour today!
Chicago Ridge, Illinois has a population of 14,413. Chicago Ridge is more family-centric than the surrounding county with 36.12% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago Ridge, Illinois is $56,494. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago Ridge is 35.7 years.
Chicago Ridge Weather
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 39.1 inches per year, with 33 inches of snow per year.