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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. Age 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). Coin Laundry. 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. 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: 4/25/2024
- Added to Site: 33 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.