Oak Lawn, IL 60453 9821 S RIDGELAND Avenue
$700,000
Pending



15 more
















Presented By: Keller Williams Preferred Rlty
Home Details
Welcome to this 3-flat property located in the heart of Oak Lawn. Attractive and sturdy brick/stone exterior accented by architectural shingles roof, front entryway & professional landscaping. This well-maintained building features two spacious 2 bedroom, 2-bath units along with a third 3 bedroom, 2-bath unit on top floor. Each unit is about 1400 ft and the two 2 bedroom units could possibly be converted to a 3 bedrooms by repurposing a spacious dining room as there is already a sufficient table space by the kitchen to maximize the earnings. (Please do your due diligence- it is with suggestion not a guarantee). Currently fully leased with quality tenants, this property offers a fantastic opportunity for immediate rental income with a potential to increase rent upon lease renewal as Oak Lawn is a sizzling hot rental market. Each unit is equipped with central air conditioning/forced heat for added comfort as well as convenience of having their own private full size laundry/storage room. Tenants are responsible for paying gas and electric expenses. Don't miss out on this chance to own a lucrative investment property in a desirable location across from Chicago Ridge Mall. Contact us today for more information and be the first to seize this exceptional real estate opportunity. Plenty of parking on the paved back lot and driveway.
Presented By: Keller Williams Preferred Rlty
Interior Features for 9821 S RIDGELAND Avenue
Bedrooms
Bedrooms Possible7
Total Bedrooms7
Bathrooms
Full Baths Building6
Half Baths Building
Total Baths6
Other Interior Features
BasementNone
Total Number of Units3
General for 9821 S RIDGELAND Avenue
Additional Parcels Y/NYes
Architectural StyleOther
CityOak Lawn
Community FeaturesSidewalks, Street Lights, Street Paved
Construction MaterialsBrick, Stone
CountyCook
Directions95TH TO RIDGELAND S. TO ADDRESS
Elementary SchoolColumbus Manor Elementary School
Elementary School District122
Gross Income54000
HeatingNatural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
High SchoolOak Lawn Comm High School
High School District229
MLS AreaOak Lawn
Middle/Junior High SchoolSimmons Middle School
Middle/Junior School District122
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer, Storm Sewer
Standard StatusPending
StatusPending
Tax Annual Amount24081368
Tax Year2023
Total Rooms15
TownshipWorth
Trash Expense1265
Water Sewer Expense1870
Waterfront Y/NNo
Year Built1986
Exterior for 9821 S RIDGELAND Avenue
Foundation DetailsConcrete Perimeter
Lot Dimensions50 X 110
Lot FeaturesLandscaped
Other EquipmentIntercom, Fire Sprinklers, CO Detectors
Parking FeaturesAssigned, Driveway, Parking Lot, On Site, Owned
Total Parking7
Water SourceLake Michigan
Additional Details
Price History
Schools
High School
Oak Lawn Comm High School
Middle School
Simmons Middle School
Elementary School
Columbus Manor Elementary School
