2628 N Ridgeway

Chicago, IL 60647

Attention Investors: Rare opportunity to own a cash flow positive, all brick 3 flat (all units above grade) in desirable Logan Square. This well maintained building was fully rehabbed in 2006. The apartments feature spacious kitchens with all stainless steel appliances, dishwashers and loads of cherry cabinetry (white appliances & maple cabinetry in unit #2). The bathrooms all have timeless, crisp white finishes, pedestal sinks, new plumbing and refinished tubs (2006). There are hardwood floors throughout and double pane windows in the front. Each unit has its own individual gas forced air furnace, central AC and water heater so tenants pay all their own utilities (owner pays gas for unit #1). The layouts are efficient, each with 2 bedrooms, good closets, and a large living room with a sun room that could be a dining space or work-from-home space. Each unit has an enclosed porch off of the kitchen. The dry, open basement has a communal washer and dryer (new in 2014) and offers tenants room for bikes and extra storage. There is a deep backyard that is perfect for relaxing or grilling. A brick two car garage (new main door in 2014) generates $75/month per spot in extra income. Recent improvements include tuckpointing and a rebuilt parapet wall in 2013. The location is ideal being only 0.8 miles to the heart of Logan Square and the Blue line. It's an easy walk to shopping, casual and fine dining, bars, gyms, cafes parks and so much more. Don't miss this one.