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    7514 S Ridgeland Avenue

    Chicago, IL 60649
    • $599,900
    • STATUS: Active Under Contract
    • ON SITE: 89 days
    • MLS #: 11130358
    Under Contract
    UPDATED: 74 min ago
    $599,900
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Welcome to your next Income Producing Property. Step into a well cared for 9-unit building that has Four-2 Bedroom Apartments, with separate L/R & D/R and Kitchen area, and Five-1 Bedroom Apartment. This could be the perfect 9 Unit Building that will produces income for the new owner. Self sustaining building where tenants pay their electric, & gas. Most tenants are long standing tenants 5-years and longer. Owner pays water and common area electric. Units have been updatd. 6- Units have granite counter tops. Stove & Refg., are own by the seller. Proof of Funds or Pre-Approval required prior to confirmation of your showing request.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-18T23:59:50.433 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    7514 S Ridgeland Avenue Chicago, IL 60649

    • Price: $599,900
    • Status: Active Under Contract
    • Updated: 74 min ago
    • MLS #: 11130358
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1956
    Built
    Neighborhood:
    Chi - South Shore
    County:
    Cook
    Area:
    Chi - South Shore
    Property Description
    Welcome to your next Income Producing Property. Step into a well cared for 9-unit building that has Four-2 Bedroom Apartments, with separate L/R & D/R and Kitchen area, and Five-1 Bedroom Apartment. This could be the perfect 9 Unit Building that will produces income for the new owner. Self sustaining building where tenants pay their electric, & gas. Most tenants are long standing tenants 5-years and longer. Owner pays water and common area electric. Units have been updatd. 6- Units have granite counter tops. Stove & Refg., are own by the seller. Proof of Funds or Pre-Approval required prior to confirmation of your showing request.
    Exterior Features

    Exterior Building Type Brick Parking Total 0

    Interior Features

    Basement Unfinished Cooling Central Air Heat Ventilation Forced Air Number Of Ranges 9

    Property Features

    Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 104669 Gross Scheduled Income 94200 Insurance Expense 3480 Maintenance Expense 2600 Net Operating Income 12900 Operating Expense 12900 Tax Annual Amount 10469 Tax Year 2019 Tenant Pays ElectricityHeat Total Monthly Income 7850 Township Hyde Park Type Multi Family 5+

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-18T23:59:50.433 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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