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3457-59 N Ridgeway Avenue, Chicago, IL 60618
$1,450,000
3457-59 N Ridgeway Avenue, Chicago, IL 60618View this property at 3457-59 N Ridgeway Avenue, Chicago, IL 60618
3457-59 N Ridgeway AvenueChicagoIL60618
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Property Description
Larger 8 Unit all brick Multi- Family building in up-and- coming Avondale right by South Old Irving Park and the Villa. All eight apartments have 1 Bedrm, 1 Bathrm and Living Rm. Four units have updated kitchens. Whole building is fully occupied by tenants. Most tenants on M/ M basis currently. Basement is full and has four unfinished parts with mechanicals, coin washer and dryer, all 9 meters and plenty of storage areas. Ages of some of components/ mechanicals per the owner: Newer hot water tank (2015). Newer Furnace (2014). Newer vinyl windows. Mix of copper and galvanized plumbing. Roof: total complete new layer after complete repair was done in (2017). Little backyard. Rent Roll is available in Add'l info on MLS. Currently it brings annual rental Income of: $ 143,580! And expenses per the owner are: $ 15,145 plus real estate taxes: $ 16,056 *** SELLERS MOTIVATED. BRING ME AN OFFER *** Convenient location close to Blue line train on Addison St and Expressway I-90.
Full Property Details
Full Property Details for 3457-59 N Ridgeway Ave
General
- Price: $1,450,000
- Taxes: $16,056 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 12001300
- Updated: 6/5/2024
- Added to Site: 74 day(s) ago
Location
- Area: CHI - Avondale
- County: Cook
- Township: Jefferson
- Driving Directions: N Pulaski to W Addison St to N Ridgeway Ave 2 the building
- Location Details: Corner
Heating & Cooling
- Heating Type: Central Building Heat
Utilities
- Trash: 1391
Structural Information
- Stories/Levels: 2
- Square Feet: 6,392
- Current Bldg. Use: Multi-Family
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 8
- Units w/Range/Oven: 8
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 5,140
- Lot Dimensions: 5140 SQFT.
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $2,650
- Operating Expenses: $31,201
- Assessment Year: 1926
- Tax Amount: $16,056
- Tax Year: 2021
- Tenant Pays: Electricity, Varies by Tenant
- Pays Electric: 640
- Pays Trash: 1391
Disclosures and Reports
- Property ID: 13233140010000
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Price & Sales History for 3457-59 N Ridgeway Ave
Date
Details
Price
Change
Source
4/10/2024
Price Reduced
$1,450,000
-8.81%
MLS
3/25/2024
Listed
$1,590,000
59%
MLS
10/23/2018
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3457-59 N Ridgeway Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$15,940
2%
$77,234
—
2021
$15,582
52%
$77,234
69%
2020
$10,219
11%
$45,706
—
2019
$9,216
2%
$45,706
—
2018
$9,028
10%
$45,706
19%
2017
$8,242
7%
$38,287
—
2016
$7,668
9%
$38,287
—
2015
$7,016
—
$38,287
1%
2014
$7,015
2%
$37,809
—
2013
$6,876
1%
$37,809
—
2012
$6,785
—
$37,809
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3457-59 N Ridgeway Ave
3457-59 N Ridgeway Avenue, Chicago, IL 60618 (MLS# 12001300) is a Commercial property. 3457-59 N Ridgeway Avenue is currently listed for $1,450,000 and was received on March 25, 2024. This property is listed by Jacek Piktel from our Lincoln Park Office.Want to learn more about 3457-59 N Ridgeway Avenue? Do you have questions about finding other Commercial real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.