Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Market Connections
Property view

3414 N Ridgeway Avenue, 
Chicago, IL 60618

$720,000


9

Beds


3

Baths


-

Sq Ft


Multi-Family

Sold

Listed by

John Preston

Bought with Pearson Realty Group

Horvath & Tremblay Il, LLC.

MLS#

11899569

Source:

MLSNI

Sorry, we are unable to map this address

About This Home

3414 N Ridgeway Avenue

Come check out this legal 3-unit building in Avondale on an huge lot! The Property currently features (2) 3br/1ba above grade units & (1) 2br/1ba + office garden unit. Garden unit is rented at $1,600/mo MTM & 1st floor 3br/1ba unit is rented at $2,050/mo through 6/30/24 and includes both garage spaces. Top floor unit will be kept vacant but could easily be rented at $2,200/mo - making this the perfect opportunity for an investor or owner-user at a stabilized cap rate of 7.24% just by filling the vacancy! The well-maintained building features off-street parking in front of the Property and a two-car garage in the rear of the Property. The Property features a newer roof overlay on the building and the garage (both completed in 2018). The Property also has newer electrical services and four (4) new water heaters have been installed over the last 2-3 years. Additionally, the Property has an on-site laundry facility and a flood control system in the front of the building.

Home Facts

Multi-Family

3 Baths

9 Bedrooms

Built in 1925

Price Summary

725,000

MLS #:

11899569

Sold:

December 26, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Year Built:

1925


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$725,000

MLS Logo
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.