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
Closed
$790,000
2980 N Ridgeway Ave, Chicago, IL 60618
8beds
--sqft
Multi Family
Built in 1909
-- sqft lot
$828,600 Zestimate®
$--/sqft
$2,285 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: December 03, 2024 at 11:44am
Listing courtesy of:
Sophia Klopas 312-751-0300,
Jameson Sotheby's Int'l Realty,
Jason Stratton,
Jameson Sotheby's Int'l Realty
Bought with:
Evan Napolitano
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12160706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Garden Tub
Heating
- Natural Gas, Forced Air
Features
- Basement: Crawl Space
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Garage, On Site, Garage Owned, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 3,484 sqft
- Dimensions: 25X130
Details
- Parcel number: 13261160370000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: American 4-Sq.
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1909
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$828,600
2% more+$16,572
With Zillow Showcase(estimated)$845,172