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9821 S RIDGELAND Ave,  Oak Lawn IL, 60453

(Active)
$625,000
|
7 beds, 6 baths
|
MLS# 12036703
Last Updated: 5/21/2024 3:18 PM
Description for 9821 S RIDGELAND Ave Oak Lawn, IL 60453
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!!
Price
$625,000
Cook
7
6
12036703
Active
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!!
Listing Information
Property Type: Multi-Family, Other
7 6
15 1986 Brick,Stone
Worth//
Concrete Perimeter
Public Sewer
Neighborhood
School Information
District: Oak Lawn Comm High School
Columbus Manor Elementary School Simmons Middle School Oak Lawn Comm High School
Room Information
Interior Features
Gas Heat, Forced Air
None
Exterior / Lot Features
7 Parking Spaces, Assigned, Driveway, Parking Lot
Brick, Stone
Asphalt
50 X 110
Landscaped
Driving Directions
95TH TO RIDGELAND S. TO ADDRESS
Financial Considerations
24081230120000
$13,808
Listing Price History

Oak Lawn Real Estate

Oak Lawn is located in Illinois. Oak Lawn, Illinois 60453 has a population of 55,857.

The median household income in Oak Lawn, Illinois 60453 is $67,356. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Oak Lawn 60453 is 38 years.

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Courtesy: Boutique Home Realty
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/21/2024. 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.

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This content last refreshed on 5/21/2024 3:18 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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