Oak Lawn, IL 60453,9821 S RIDGELAND
Oak Lawn, IL 60453,9821 S RIDGELAND
Oak Lawn, IL 60453,9821 S RIDGELAND
31
$600,000
$625,000
4.0%
Est.Price: ?

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7 BD

9821 S RIDGELAND Oak Lawn, IL 60453

Est. payment /mo
SOLD DATE : 06/27/2024

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Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12036703

Sold Date 06/27/24

Style Other

Bedrooms 7

Year Built 1986

Annual Tax Amount $13,810

Tax Year 2022

Lot Dimensions 50 X 110

Property Description

Welcome to this built in 1986 legal 3-flat property located in the heart of Oak Lawn. Attractive and sturdy brick/stone exterior accented by architectural shingles roof, front portico 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 w 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. Reach out to your agent to see DETAILED VIDEO if units!!

Location

State IL

County Cook

Area Oak Lawn

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls

Equipment Intercom, Fire Sprinklers, CO Detectors

Fireplace N

Exterior

Community Features Sidewalks, Street Lights, Street Paved

Waterfront false

Roof Type Asphalt

Building

Lot Description Landscaped, Sidewalks, Streetlights

Sewer Public Sewer, Sewer-Storm

Water Lake Michigan

New Construction false

Schools

Elementary Schools Columbus Manor Elementary School

Middle Schools Simmons Middle School

High Schools Oak Lawn Comm High School

School District 122 , 122, 229

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
Listed by Joanna Lewkowicz • Boutique Home Realty
Bought with Arturo Gaona • Century 21 New Beginnings

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Chad Scott

Agent | License ID: 8665494

+1(262) 331-1621

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