Chicago Ridge IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1958
Baths:
2.00
MLS#:
12176228

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

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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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Chicago Ridge Real Estate

The median home value in Chicago Ridge, IL is $211,000. 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 $211,000. 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.

Chicago Ridge Real Estate Market Conditions

  • Median sales price

    $211,000
    13.7% change since last quarter
  • # Active listings

    32
    30-day change

Chicago Ridge Schools and Demographics

Education near Chicago Ridge, IL

Metric City County
High School Graduates 91.6 87.97
College Degree - 2 year 10.1 6.73
College Degree - 4 year 27.35 40.75
Graduate Degree 5.6 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Chicago Ridge, IL

School Grades Students P/T Ratio ZIP
Columbus Manor Elementary School PK - 05 400 16.2 60453
Dr Kenneth M Sorrick School PK - 01 444 21.1 60465
Edward J Tobin Elementary School KG - 06 284 11.4 60459
Ernest F KOLB Elementary School KG - 05 351 16.1 60453
F B McCord Elementary School PK - 06 293 18.3 60459
Harnew Elementary School PK - 05 531 17.3 60453
Harry E Fry School KG - 06 461 16.5 60459
J B Kennedy Elementary School KG - 06 385 15.4 60459
J Covington Elementary School KG - 05 441 15.6 60453
J M Hannum Elementary School KG - 05 425 16.1 60453
Kolmar Avenue Elementary School PK - 05 416 14.8 60453
Lawn Manor School PK - 02 250 11.8 60453
Luther Burbank Elementary School KG - 06 581 17.6 60459
Maddock Elementary School PK - 06 396 14.7 60459
Oak Ridge Elementary School 02 - 05 689 17.1 60465
Richard BYRD Elementary School KG - 06 331 14.4 60459
Ridge Central Elementary School PK - 05 491 13.6 60415
Ridge Lawn Elementary School PK - 05 563 16.3 60415
Sward Elementary School KG - 05 446 17.2 60453
Worth Elementary School PK - 05 441 17.7 60482
Worthridge School PK - PK 49 44.5 60482
Worthwoods Elementary School KG - 05 296 18.1 60482

Middle Schools near Chicago Ridge, IL

School Grades Students P/T Ratio ZIP
Elden D Finley Junior High School 06 - 08 384 11 60415
Liberty Junior High School 07 - 08 754 15.7 60459
Oak Lawn-Hometown Middle School 06 - 08 1,025 15.1 60453
Simmons Middle School 06 - 08 746 17.3 60453
Worth Junior High School 06 - 08 339 13.2 60482

High Schools near Chicago Ridge, IL

School Grades Students P/T Ratio ZIP
Amos Alonzo Stagg High School 09 - 12 2,370 15.1 60465
H L Richards High Sch(Campus) 09 - 12 1,659 15.3 60453
Oak Lawn Comm High School 09 - 12 1,824 18 60453
Reavis High School 09 - 12 1,831 17.8 60459

Ungraded Schools near Chicago Ridge, IL

School Grades Students P/T Ratio ZIP
A E R O Educational Center 02 - 12 109 8.3 60459
P R I D E School 05 - 12 94 5 60453
Regional Inst. Scholastic Excellence 06 - 12 62 7.8 60482

Demographics near Chicago Ridge, IL

Metric City County
Neighborhood Type Inner City
Population 14,413 5,265,398
Population Density 6,355 5,572
Median Age 35.7 37.3
People per Household 2.6 2.5
Median Household Income 56,494 72,121
Average Income per Capita 26,432 41,706