7247 Ridgeland Avenue, South Shore, Chicago, Illinois 60649


$350,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built: 1910
Property Taxes: $2,644
Days On Market: 1268
Lot Size: 0,07
Map
Street View

Description

Come see how our designers have blended modern styling and convenience with the character and beauty of this South Shore vintage 2-flat greystone originally built in 1905. Any investor looking to expand or create a real estate portfolio should take a look. The building is fully occupied. Monthly Gross Rental Income for both units is $2,464. This below market rate leaves room for a healthy increase. Tenants are month to month. Each unit has 1,300 square feet. Unit #1 has 2-bedrooms and 1.5-bathrooms. Unit #2 has 3-bedrooms and 2-bathrooms. The principal bedroom in Unit #2 features a hardly ever seen ensuite bathroom. Each unit has a designer kitchen with white quartz countertops, elegant blue glass tile backsplash, gray 36" shaker cabinets, ceramic tile floor, five burner 36"oven with convection option, and 36" overhead hood. Stainless steel appliances include dishwasher, refrigerator, and stove. Bathrooms have modern faucets, shower head combo, vanity sinks, and full-size bathtub. First floor unit has the capability of being duplexed down to the basement that is waiting to be finished.

Property Specifics

Multi-unit
1910
No
0.07
Cook
— / —
11419446
20251160060000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Deneen Elementary School
299
Middle School
Bouchet Elementary School Math &
299 Not in DB
High School
South Shore Community Academy Se
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
1 Jun, 2022 Sold $350,000 MRED MLS
31 May, 2022 Under contract $374,000 MRED MLS
31 May, 2022 Listed for sale $374,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
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: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: Full Body Spray Shower
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Partially Finished

Other Specifics

25 X 125
Not in DB

Tax History

Year Property Taxes
2022 $2,644

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Contact Agent

Listing Provided By

Baird & Warner, Inc.