3457-59 N Ridgeway Avenue, Chicago, IL 60618

1 of 28

CommercialFor Sale

$1,399,000

3457-59 N Ridgeway Avenue

Chicago, IL 60618

Courtesy of Coldwell Banker Realty

Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID

6,392Sq Ft

Est. Mortgage

$7,321/mo

Larger 8 Unit all brick Multi- Family building in up-and- coming Avondale right by South Old Irving Park and the Villa. All eight apartments have 1 Bedrm, 1 Bathrm and Living Rm. Three units have updated kitchens. Whole building is fully occupied by tenants. Most tenants on M/ M basis currently. Basement is full and has four unfinished parts with mechanicals, coin washer and dryer, all 9 meters and plenty of storage areas. Ages of some of components/ mechanicals per the owner: Newer hot water tank (2015). Newer Furnace (2014). Newer vinyl windows. Per owner: Roof - total complete new layer after complete repair was done in (2017). Mix of copper and galvanized plumbing. Little backyard. Rent Roll is available in Add'l info on MLS. Per owner it currently brings annual rental Income of: 143,580. And expenses per the owner are: 15,145 plus real estate taxes: 16,056. Convenient location close to Blue line train on Addison St and Expressway I-90.

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