7514 S Ridgeland Avenue

Chicago, IL
$ 599,900 Beds 3 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to your next Income Producing Property. Step into a well cared for 9-unit building that has Four-2 Bedroom Apartments, with separate L/R & D/R and Kitchen area, and Five-1 Bedroom Apartment. This could be the perfect 9 Unit Building that will produces income for the new owner. Self sustaining building where tenants pay their electric, & gas. Most tenants are long standing tenants 5-years and longer. Owner pays water and common area electric. Units have been updatd. 6- Units have granite counter tops. Stove & Refg., are own by the seller. Proof of Funds or Pre-Approval required prior to confirmation of your showing request.

Contingent

  • Price
  • $ 599,900
  • Lot Size
  • 5,227 SqFt
  • Bedrooms
  • 3
  • Full Bathrooms
  • 0
  • Year Built
  • 1956
  • Half Bathrooms
  • 0
  • City, Zip
  • Chicago
  • Taxes
  • $ 10469
  • County
  • COOK
  • Style
  • Area
  • CHI - South Shore
  • MLS#
  • 11130358
  • Zip
  • 60649
Listing Provided by: Baird & Warner
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

Additional Parcels Y/N No
City Chicago
Contingency Attorney/Inspection
Cooling Central Air
County Cook
Days on Market 40
Directions 76th., East of Stoney Island to Ridgeland. South On Ridgeland to Property
Electric Expense 125
Fuel Expense 1878
Grossincome 104669
Insurance Expense 3480
MLS Area CHI - South Shore
Maintenanceexpense 2600
Net Operating Income 12900
Operatingexpense 12900
Property Type Multi Family 5+
Property Type Commercial Sale
Standard Status Active Under Contract
Status Contingent
Stories 3
Street Name Ridgeland
Tax Annual Amount 10469
Tax Year 2019
Tenant Pays Electricity, Heat
Total Units 9
Township Hyde Park
Trash Expense 500
Virtual Tour https://tours.vht.com/BWI/T434167989/nobranding
Water Sewer Expense 2400
Year Built 1956

Interior Features

Basement Unfinished
Street Suffix Avenue

Exterior Features

Buyerofficefax (773) 451-1249
Exterior Brick
Lot Dimensions 54X165
Lot Size Acres 0.12

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Loves Park, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/21/2021 Listed $599,900

Property vs Zip Code Average in 60649

Price
AVG $310K
$600K
Taxes
AVG $3,866
$10,469
Visits
AVG 64
223
Year Built
AVG 1932
1956
Walkscore
AVG 64
69
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

7514 S Ridgeland Avenue Chicago, IL is a Single Family Home for sale at $599900 and a lot size of 5,227 SqFt Acre(s). 7514 S Ridgeland Avenue Chicago has 3 bedrooms, 0 baths and was built in 1956. The property's zip code is 60649 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.