Residential Income for Sale: 1500 N Ridgeway, Chicago, IL 60651

6 beds
$449,000
$449,000
1500 N Ridgeway, Chicago, IL 60651
6 beds
$449,000
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Price:
$449,000

Type Residential Income
Beds 6

City Chicago
County Cook
School District 299

MLS 12222321
Status Active Under Contract
Introducing a prime investment opportunity at 1500 N Ridgeway Ave, Chicago, IL - a meticulously maintained multi-family property located in the vibrant Humboldt Park neighborhood. This newly listed three-flat building is an ideal choice for those seeking a reliable source of rental income. The property comprises five spacious bedrooms and three well-appointed bathrooms, each unit featuring modern amenities including separate utilities, central air conditioning, and contemporary finishes. Additional highlights include decks for outdoor enjoyment and a charming yard, enhancing the living experience for occupants. Currently, all units are occupied by dependable long-term tenants who wish to stay, making this a turnkey solution for investors. The building also offers the convenience of a two-car garage and is situated conveniently with easy access to public transportation. The Healy train station and North Ave & Central Park bus station are both within a short distance, facilitating commute around the city. Local amenities enhance this desirable location, with ALDI grocery store, George Westinghouse College Prep, Garfield Park Conservatory to the south and The '606' elevated park to the north all easily accessible, ensuring everyday needs and recreational activities are just a stone's throw away. Don't miss out on this exceptional offering in a sought-after area of Chicago. Schedule your viewing today to explore the potential of this attractive investment property. Act quickly, as it won't be available for long.

Room Features

Basement Description Unfinished, Storage Space

Lot & Building Features

Heating Forced Air, Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan
Lot Dimensions 25X125 ft

Community and Schools

Elementary School 299

Price History of 1500 Ridgeway, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $449,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Laura Freeman
Laura Freeman
Broker
Direct: 708-296-4665
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Dwell, Luis Saldana
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

1500 Ridgeway (MLS #12222321) is a residential income listing located in Chicago, IL. This property was listed on 12/07/2024 and has been priced for sale at $449,000.

Nearby zip codes are 60623, 60624, 60634, 60639 and 60647.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Dwell