Sold
Last Sold Price
9 beds3,000 sqft
2220 S Ridgeway Ave, Chicago, IL 60623
Multi FamilyProperty Type
0.09 acresLot Size
1915Year Built
$130/sq ftPrice per sq ft
3 carsParking Spaces

Description

Newer renovation brick 3-flat with full floor units. All units are three-bedroom/one bath apartments with parking in the rear. Units feature hardwood floors, granite and modern bathrooms and kitchens. Great cash flow with potential to increase rents and parking fees. Perfect opportunity to have great returns on a minimal investment or owner occupy one of the units and collect rental income.Newer renovation brick 3-flat with full floor units. All units are three-bedroom/one bath apartments with parking in the rear. Units feature hardwood floors, granite and modern bathrooms and kitchens. Great cash flow with potential to increase rents and parking fees. Perfect opportunity to have great returns on a minimal investment or owner occupy one of the units and collect rental income.

    Sold By Sperry Van Ness; HomeSmart Realty Group

    • Listed by: Angelo Labriola 708.307.7529 angelo.labriola@svn.com • Sperry Van Ness
    Listing closed: 06/28/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11066729

    Location

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    $2,302 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $2,010

    Property Taxes

    $292

    HOA Dues

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    Property Information for 2220 South Ridgeway Avenue

    Property Details
    • Taxes: $3,506 / year
    • MLS Type: Two to Four Units / 3 Flat
    • County: Cook County
    • Area: CHI - South Lawndale
    • Township: West Chicago
    • Ownership: Fee Simple
    • Num Of Cars: 3.0
    • Heat/Fuel: Natural Gas
    Building Information
    • Residences: 3
    • Year Built: 1915
    • Lot Size: 0.09 AC / 3,920 SF
    General Information
    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Parking: Space/s
    • Parking On Site: true
    • Parking Ownership: Owned
    Property Information
    Interior Features
    • Num Of Rooms: 21
    • Bedrooms Total: 9
    • Bedrooms (Below Grade): 0
    • Basement Type: Full
    • Bedrooms Possible: 9
    • Basement Description: Unfinished
    • # Full Baths in Building: 3
    • # Half Baths in Building: 0
    • Num of Baths: 3.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2012
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 30X125
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • General Information: None
    • North Coordinate: 0
    • South Coordinate: 2220
    • East Coordinate: 0
    • West Coordinate: 3750
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 7
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Income & Expenses
    • Gross Income: $39,600.00
    Unit 1
    • Unit Type Actual Rent: $1,000.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Total Sq Ft - Unit 1: 1000
    • Floor # - Unit 1: 1
    • # Of Rooms - Unit 1: 7
    • # Half Baths-Unit 1: 0
    • # Full Baths-Unit 1: 1
    • Appliances/Features Unit 1: Stove, Refrigerator, Dishwasher, Microwave, Garage/Space
    • Lease Exp Date (Mo/Yr) - Unit 1: 12-21-2026
    • Sec Deposit $ - Unit 1: 0
    • Tenant Pays - Unit 1: Electric, Gas
    Unit 2
    • Unit Type Actual Rent: $1,150.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Total Sq Ft - Unit 2: 1000
    • Floor # - Unit 2: 2
    • # Of Rooms - Unit 2: 7
    • # Half Baths-Unit 2: 0
    • # Full Baths-Unit 2: 1
    • Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Microwave, Garage/Space
    • Lease Exp Date (Mo/Yr) - Unit 2: 01-21-2026
    • Sec Deposit $ - Unit 2: 0
    • Tenant Pays - Unit 2: Electric, Gas
    Unit 3
    • Unit Type Actual Rent: $1,150.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 3
    • Total Sq Ft - Unit 3: 1000
    • Floor # - Unit 3: 3
    • # Of Rooms - Unit 3: 7
    • # Half Baths-Unit 3: 0
    • # Full Baths-Unit 3: 1
    • Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Microwave, Garage/Space
    • Lease Exp Date (Mo/Yr) - Unit 3: 11-21-2026
    • Sec Deposit $ - Unit 3: 0
    • Tenant Pays - Unit 3: Electric, Gas

    Property History for 2220 South Ridgeway Avenue

    DateEvent & SourcePriceAppreciation
    Jun 28, 2021

    Sold (Public Record)

    Public Record #1466332905

    $389,000

    +12.0% / yr

    Jun 28, 2021

    Sold

    MRED #11066729

    $389,000
    May 21, 2021

    Pending

    MRED #11066729

    DateEvent & SourcePrice
    06/28/2021

    Sold (Public Record)

    Public Record #1466332905

    $389,000

    +12.0% / yr

    06/28/2021

    Sold

    MRED #11066729

    $389,000
    05/21/2021

    Pending

    MRED #11066729

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 2220 South Ridgeway Avenue

    Taxable ValueLand$5,481Additions$32,519Total$38,000
    Tax Record2023$2,532 ($211 / month)
    Home Facts
    Baths3Total Finished SqFt3,141 SqFtAbove Grade Finished SqFt3,141 SqFtStories3Lot Size3,780 SqFtStyleMulti-Family Res (5+ Units)Year Built1913Year Renovated1915ZoningC1-2CountyCOOKAPN16-26-104-045-0000

    Schools near 2220 South Ridgeway Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Charter - K to 8
    Charter - K to 8
    Rating
    School
    Distance
    Cardenas Elementary School
    PublicPK to 8

    Farragut Career Academy High School
    Public9 to 12

    KIPP Chicago Chrtrs - Ascend Acad
    CharterK to 8

    Legacy Elementary Charter School
    CharterK to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Listing Courtesy of Sperry Van Ness

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/29/2021 11:37 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.