2980 Ridgeway Avenue, Avondale, Chicago, Illinois 60618


$790,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1909
Property Taxes: $7,873
Days On Market: 426
Lot Size: 0,08
Map
Street View

Description

Legal 3-unit building. Excellent armchair investment with 2/3 rented, getting 3850 in rent with another unit to rent. The main conversion was done in 2016, and then a complete overhaul was completed in 2024. 3 units - 2 rented and 1 left open for live-in investors. 1st floor and second floor - 3 bed - 1 bath unit w/ den space. The third floor is 1 bed + den + 1 bath. Large back yard and two car garage. Electric upgraded in 2016, all plumbing except main stack done in 2016, both building roof and garage roof in 2016, all baths redone in 2024, water main line from city 2022, Foundation and crawl redone 2016 and 2024, W/D added to all units 2024, dishwashers added in 2024, 3rd-floor kitchen redone 2024, all floors redone 2024, AC on 1st floor and 3rd-floor brand new, Furnace on 1st and second floor 2023/2024, windows 15+ years old, front and rear siding brand new, and all can lights new from 2016. The second floor is rented at 2000 - 3rd floor is rented at 1700 - both are rented till 8/31/2025 - 2 car garage; the second floor has 1 spot rented at 150 a month. taxes 8054

Property Specifics

Multi-unit
1909
No
0.08
Cook
— / —
12160706
13261160370000

Property History

DATE: EVENT: PRICE: SOURCE:
17 Feb, 2016 Sold $380,000 MRED MLS
18 Dec, 2015 Under contract $379,900 MRED MLS
1 Dec, 2015 Listed for sale $379,900 MRED MLS
15 Jun, 2023 Sold $475,000 MRED MLS
2 May, 2023 Under contract $500,000 MRED MLS
20 Apr, 2023 Listed for sale $500,000 MRED MLS
3 Dec, 2024 Sold $790,000 MRED MLS
22 Oct, 2024 Under contract $799,900 MRED MLS
8 Sep, 2024 Listed for sale $799,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: Garden Tub
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Crawl

Other Specifics

2
25X130
Not in DB

Tax History

Year Property Taxes
2016 $4,458
2023 $6,405
2024 $7,873

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Listing Provided By

Jameson Sotheby's Int'l Realty