Chicago, IL 60618 2909 N Ridgeway Avenue
$950,000



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Presented By: @properties Christie's International Real Estate
Home Details
Large 3 unit, fully rented, (Unit 1: $2000, Unit 2: $3000, Coach House: $1900) Prime Logan-dale location, on border of the popular Logan Square and Avondale neighborhoods. Perfectly located right off Milwaukee ave on a tree-lined residential street, steps to all Avondale/Logan have to offer! Enjoy this solid, Beautifully renovated, MONEY- MAKING investment. Fully Rented w/ $6900 rental income each month, in an insanely, quickly appreciating area. Each unit has central a/c, in-unit laundry, and all tenants pay their own utilities except water and trash. Enjoy low expenses & maintenance! Enjoy a massive amount of renovations in this well maintained and cared for property. Front building features 2 units w/ New windows in 2018. 1st floor unit is a 2 bed/1 bath, renvoated in 2018 w/ private in-unit side x side laundry rm, CAC, refinished HWF, 2019 brand-new kitchen w/ quartz c-tops, SS appliances including DW & microwave, 2025 furnace, 2024 water heater, 2024 paint, for $2000. 2nd floor unit is a 4 bed/2 bath 2000 sft duplex-up, w/ CAC, 2022 separate HVAC for 3rd floor, separate side x side laundry rm, updated LVF through-out, 2019 new electrical & copper plumbing, & new skylights at $3000. Both front units share a fenced in patio and both leases expire 7/31/2026. 3rd unit is separate 2 level Adorable Coach House that was owner's unit w/ condo quality finishes, 1 bed + den, 1.5 baths, beautiful LVF, stackable w/d, 1/2 bath on main floor & full bath on 2nd floor, a NEW ROOF in 2020, and a huge private fenced in patio for $1900. New awnings added to front doors, front railings and iron fence painted. List of improvements available upon request.
Presented By: @properties Christie's International Real Estate
Interior Features for 2909 N Ridgeway Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building4
Half Baths Building1
Total Baths5
Other Interior Features
BasementNone
Total Number of Units3
General for 2909 N Ridgeway Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsVinyl Siding
CountyCook
DirectionsMilwaukee to Ridgeway south, near corner George St. Or Central Ave, West on George to Ridgeway
Electric Expense
Elementary School District299
Fuel Expense
Gross Income82800
HeatingNatural Gas
High School District299
Insurance Expense4229
MLS AreaCHI - Avondale
Middle/Junior School District299
Net Operating Income67996
New ConstructionNo
Other StructuresOther
OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount6797
Tax Year2024
Total Rooms17
TownshipJefferson
Water Sewer Expense3000
Year Built1901
ZoningMULTI
Exterior for 2909 N Ridgeway Avenue
Lot Dimensions25X125X38.5X95.5
Lot Size Acres0.06
Total Parking0
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History

SQFT • 2,000