Price Reduced Listing
$349,900
 $1,878 est/mo Sourced by Back At You

2656 S Ridgeway Avenue , Chicago, IL 60623

Chicago, IL 60623

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Description

This exceptional brick 2-flat with coach house represents a rare chance to invest in one of Chicago's most dynamic neighborhoods. Strategically located just steps away from the bustling shopping district along 26th Street, this property sits in the "second Magnificent Mile" - the second-highest grossing retail strip in Chicago, surpassed only by Michigan Avenue. The property boasts an impressive 7 bedrooms total across three units, currently generating a steady monthly income with month-to-month tenants.. This flexible rental arrangement provides investors with immediate cash flow and the ability to adjust strategies as the market evolves. The brick construction and coach house offer additional value. The neighborhood's strategic location offers close proximity to parks and easy access to expressways, making it an attractive option for both residents and investors. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a strategic investment, this 2-flat offers an exceptional opportunity to capitalize on Little Village's dynamic real estate market and take over this great investment from a seller that appreciates buyers agents

Details

MLS#12275520
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1901
Days On Site22
Listing Provided ByInfiniti Properties, Inc. | Daniel Ellington

Features

Bed(s)7
Bath(s)3
BasementY
ZoningMULTI

Market Activity 60623

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60623
AreaCHI South Lawndale
Community NameLittle Village
School District299
Elementary SchoolGary Elementary School
Middle School299
High School299
Listing VS Median (in Little Village)
Price:
$349,900
low | high
Med:
$88,100
100% of Average
On Site:
22
low | high
Med:
82.500000
26.666666666667% of Average
Sourced by Back At You
Listing Updated: February 14, 2025 at 7:21:39 PM PST