9821 South Ridgeland Avenue

9821 South Ridgeland Avenue

Oak Lawn, IL 60453

$625,000
Price
7
Beds
6
Baths
4,350 Sq. Ft.
$144 / Sq. Ft.
4,350
Sq. Ft.
$144
per Sq. Ft.

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Virtual Tour

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...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!
  1. Listed by Joanna Lewkowicz • Boutique Home Realty
  2. Listed by Clea Fe Yousuf • Boutique Home Realty

Property Details for 9821 South Ridgeland Avenue

Area
Oak Lawn
Township
Worth
Ownership
Fee Simple
Num Of Parking Spaces
7.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
Architectural Style
Other

Location

Listing Courtesy of Boutique Home Realty
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LISTING UPDATED: 05/17/2024 10:34 AM

Property Details for 9821 South Ridgeland Avenue

StatusPrice Change
MLS #12036703
Days on Market27
Taxes$13,808 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1986
Lot Size0.13 AC / 5,500 SF
CountyCook County

Location

Listing Courtesy of Boutique Home Realty
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Virtual Tour

Building Information for 9821 South Ridgeland Avenue

Stories-Residences3Year Built1986Building Size-Lot Size0.13 AC / 5,500 SF

Payment Calculator

$4,562 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$1,151

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9821 South Ridgeland Avenue

General Information
School Information
  • Elementary School District: 122
  • Elementary School: Columbus Manor Elementary School
  • Jr High Middle School: Simmons Middle School
  • High School District: 229
  • High School: Oak Lawn Comm High School
  • Middle Or Junior School District: 122
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Driveway, Parking Lot
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 7.0
Location and General Information
  • Postal Code Plus 4: 3991
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 15
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Basement Type: None
  • Bedrooms Possible: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public, Sewer-Storm
  • Water: Lake Michigan
  • Other Equipment: Intercom, Fire Sprinklers, CO Detectors
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 31-40 Years
  • Lot Description: Landscaped Professionally, Sidewalks, Streetlights
  • Lot Size: Oversized Chicago Lot
  • Lot Dimensions: 50 X 110
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick, Stone
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 11
  • East Coordinate: 0
  • West Coordinate: 7
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Cash
  • Public Document Count: 3
  • Document Date: 2024-05-02T02:33:40
  • Photos Count: 31
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Video
Multi Family
Income & Expenses
  • Gross Income: $52,008.00
  • Trash Expense Source: Actual
  • Trash Expense Year: 2023
  • Water Expense Source: Actual
  • Trash Expense: $1,265.00
  • Water Sewer Expense: $1,870.00
Unit 1
  • Unit Type Actual Rent: $1,459.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 02/25
Unit 2
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/25
Unit 3
  • Unit Type Actual Rent: $1,375.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 07/25

Property History for 9821 South Ridgeland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 9821 South Ridgeland Avenue

This home is within Oak Lawn Chsd 229 School District.
Rating
School
Type
Grades
Distance
Columbus Manor Elementary School
Public - PK to 5
Simmons Middle School
Public - 6 to 8
Oak Lawn Community High School
Public - 9 to 12
Rating
School
Distance
Columbus Manor Elementary School
PublicPK to 5

Simmons Middle School
Public6 to 8

Oak Lawn Community High School
Public9 to 12

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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More information about 9821 South Ridgeland Avenue, Oak Lawn, IL 60453

9821 South Ridgeland Avenue is a multi-family home for sale in Oak Lawn, IL 60453. This property was listed for sale on April 23, 2024 by Boutique Home Realty, it's currently listed at $625,000. It has been on the market for a total of 27 days and was last sold on August 28, 2007. This listing's school districts are Oak Lawn Chsd 229 School District, Ridgeland School District 122. Nearby schools include Columbus Manor Elementary School, Simmons Middle School and Oak Lawn Community High School. 9821 South Ridgeland Avenue is a 7-bed, 6-bath, 4,350 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Boutique Home Realty

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. Based on information submitted to the MLS GRID as of 05/17/2024 10:34 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.