$599,053 $3,216 est/mo Sourced by Back At You

7146 S Ridgeland Avenue,Chicago, IL 60649

Chicago IL, 60649

Share with a friend

Description

Welcome to Jackson Park, the finest area in South Shore, where an exceptional opportunity awaits you. This 6-unit building boasts a desirable layout, with each unit featuring 2 spacious bedrooms and 1 bathroom along with huge living rooms, dining rooms, and sunrooms. Individual utilities ensure convenience and flexibility for both tenants and landlords. Brand new duck work and back porch in 2022. 3 units has been renovated to perfection in 2018. Moreover, the highly anticipated Obama Library, currently under construction nearby, promises to further enhance the value of the area in the coming years. There exists a notable potential to enhance the property's value through the upward adjustment of current below-market lease rates to align with prevailing market-level lease rates during the time of renewal or execution of new leases.

Details

MLS#11976319
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1914
Days On Site107
Listing Provided ByDream Spots Leasing Inc | Loraine Weatherspoon

Features

Story(s)4
Units6
ZoningMULTI
Acreage6678.00

Market Activity 60649

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 3 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60649
AreaCHI South Shore
Listing VS Median (in 60649)
Price:
$599,053
low | high
Med:
$140,000
100% of Average
On Site:
107
low | high
Med:
73.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:40:46 PM PDT