6066 Albany Avenue, West Ridge, Chicago, Illinois 60659
$700,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1927 |
| Property Taxes: | $9,073 |
| Days On Market: | 11 |
| Lot Size: | 0,09 |
Description
Rare opportunity to own a beautifully updated solid brick 3-flat in the highly sought-after West Ridge neighborhood. This well-maintained income-producing property has been extensively renovated and offers the perfect combination of strong cash flow potential and long-term appreciation. Each unit is equipped with its own separate central HVAC system, providing comfort and convenience for tenants while minimizing owner expenses. Separate gas and electric meters are fully in place, making this a true turnkey investment. A recently replaced water heater adds additional peace of mind for the next owner. The property features a fully finished and beautifully remodeled basement completed in 2026, offering exceptional flexibility for additional living space, storage, or future income opportunities where permitted. The basement is currently vacant, creating immediate potential for owner occupancy or additional rental income. The upper units are currently occupied by month-to-month tenants, providing flexibility for both investors and owner-occupants. Continue generating rental income from day one or reposition the property to maximize future returns. Ideally located on a quiet residential street in West Ridge, this property offers easy access to public transportation, major thoroughfares, shopping, restaurants, parks, schools, and houses of worship. Conveniently situated near Peterson Avenue, Devon Avenue, Western Avenue, and Lincoln Avenue, with an easy commute to downtown Chicago and surrounding neighborhoods. Whether you are looking to expand your investment portfolio, house-hack, or own a beautifully renovated multi-unit property in one of Chicago's most established neighborhoods, this exceptional brick 3-flat is a must-see.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1927 | |
| — | |
| — | |
| No | |
| 0.09 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12668224 | |
| 13011240270000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Dewitt Clinton Elementary School |
299 | — | |
|
Middle School
Mather High School |
299 | Not in DB | |
|
High School
Mather High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 17 Sep, 2014 | Sold | $285,000 | MRED MLS |
| 8 Aug, 2014 | Under contract | $299,900 | MRED MLS |
| — | Last price change | $350,000 | MRED MLS |
| 28 Jan, 2014 | Listed for sale | $374,900 | MRED MLS |
| 2 Aug, 2021 | Sold | $520,000 | MRED MLS |
| 6 Jun, 2021 | Under contract | $539,000 | MRED MLS |
| 10 Feb, 2021 | Listed for sale | $539,000 | MRED MLS |
| 4 Jun, 2026 | Listed for sale | $700,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: Separate Shower,Soaking Tub
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 33x124 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2014 | $5,584 |
| 2021 | $6,451 |
| 2026 | $9,073 |
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Listing Provided By
Real People Realty
