2541 N Ridgeway Avenue, Chicago, Illinois 60647

Sold Price
List Price
Closing Date
Jan 20, 2022
Two to Four Units
Gross Rental Income
Logan Square
Days On Market

Property Description

This brick 4-flat is an Incredible multi-unit investment opportunity in the heart of Palmer/Logan Square on a quiet tree lined street. 4 legal units with unit 1, 2 and 3 featuring: 3 bedrooms, 1 bathroom, huge living rooms with bay window area, formal dining rooms, large kitchens, rear decks, gas forced air and central air. Garden unit features a nice size living/dining room, generous kitchen, 1 bedroom, 1 bathroom and walk in closet. Numerous updates throughout, all utilities separated which tenants pay except for garden unit, basement area with laundry room and storage, great yard, brick 2 car garage and easy street parking. Top floor unit is currently vacant and ready for a live-in owner or to be rented out. Units leased below market value as they are all long-term tenants but currently on month-to-month leases. Close to everything that Logan Square has to offer including nightlife, shopping, top Chicago neighborhood restaurants, and transportation.

Additional Information

School District
Elementary School
Monroe Elementary School
Middle School
Monroe Elementary School
High School
Kelvyn Park High School
Corporate Limits
Tax Year
Tax Exemptions
Year Built
Exterior Building Type
Exterior Property Features
Balcony, Deck, Patio, Porch, Storms/Screens
Lot Dimensions
26 X 125
Lot Size Range
Oversized Chicago Lot
Number Of Cars
Garage Spaces
Garage Door Opener(s)
Natural Gas, Forced Air, Sep Heating Systems - 2+
Public Sewer
Total Rental Income
Rent Per Unit
Unit 1: $600, Unit 2: $1400, Unit 3: $1400, Unit 4: $1700

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Jameson Sotheby's Intl Realty. Selling Office: Nelly Corp Realty.

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