$625,000 Price Analysis 9821 Ridgeland AveOak Lawn, IL 60453 7 bed 6 bath 4,350 SqFt ($143/SqFt) 5,500SqFt lot. Built 1986 Listed 2024-04-30 | Ⓧ USDA Ineligible due to location near Oak Lawn |
Attractive and sturdy brick/stone exterior accented by architectural shingles roof, front portico entryway and professional landscaping. This well-maintained building features two open 2 bedroom, 2-bath units along with a third 3 bedroom, 2-bath unit on top floor. Each unt 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!!
Presented by Joanna Lewkowicz at
Boutique Home Realty.
Property MLS #12036703 from MRED
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.