1. Home
  2. > Search
  3. > Homes for Sale in Avondale
  4. > 3414 N Ridgeway Avenue, Chicago, IL 60618
$720,000
9
beds
3
baths

3414 N Ridgeway Avenue
Chicago, Illinois 60618

Closed / MLS #11899569 / Multiple Unit (2-4) / Avondale
Listing information updated 12/27/2023 at 9:43am
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.
Exterior Type:
Brick
Basement:
Finished
Beds Above Grade:
9
Heating System:
Natural Gas, Radiator(s), Sep Heating Systems - 2+, Floor Furnace
Pool:
No
Age:
91-100 Years
Parking Type:
Garage
Room Count:
17
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Acreage:
0.11
Tax Amount:
$10,165
Tax Year:
2022
Zip Code:
60618
City:
Chicago
County:
Cook
School District(s):
130
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Horvath & Tremblay IL, LLC

Listing Office Phone: 312.361.1643

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/27/2023 at 9:43am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 listings have been excluded from this website.

Avondale

Avondale, IL

Once known as the neighborhood of “smokestacks and steeples,” Avondale’s industrial vibe is just one of the reasons Lonely Planet named it one of the hottest neighborhoods in the country. At the start of the 20th century, Avondale’s proximity to the Chicago River and railway corridors attrac...

CTA

CTA
Blue line at Addison

Metra

Metra
Union Pacific Northwest line at Irving Park Metra
$600,402
Average Sale Price
40
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 3414 N Ridgeway Avenue, Chicago, IL 60618
Mortgage Calculator

Not quite what you are looking for?

Similar listings for sale near 3414 N Ridgeway Avenue, Chicago, IL 60618

Like the area?

More homes for sale near 3414 N Ridgeway Avenue, Chicago, IL 60618

New Listings in Avondale, IL

Recently Sold Homes in Avondale, IL

Nearby Homes for Sale

3414 N Ridgeway Avenue, Chicago, IL 60618 is a multiple unit (2-4) which sold for $720,000. 3414 N Ridgeway Avenue features 9 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since October 3rd, 2023 and was built in 1925. The nearest transit stops include Addison CTA Blue line and Irving Park Metra Metra Union Pacific Northwest line.

Mortgage Calculator