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32 Properties Within 0.5 miles of: 5471 S Ridgewood, Chicago

5471 S Ridgewood
Chicago, IL 60615

  • Built In 1909
Price

$1,499,999

Est Payment
$9,418 / month (details)  
Taxes
$15,565  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
3798  
Built
1909  
Neighborhood
Hyde Park  
MLS
#11925030
Status
Cancelled

Property Description

Introducing 5471 S. Ridgewood Court, a rarely available multi-family property in the highly coveted Hyde Park neighborhood. This distinguished center entrance building embodies a timeless allure, showcasing the iconic historic architecture of Chicago while seamlessly integrating modern amenities within each unit. The building is comprised of six (6) 2-bedroom / 1-bathroom apartments and has been meticulously maintained by professional management. Location makes this property especially attractive to students and faculty members. All of University of Chicago's main buildings (school of business, engineering, humanities, and library) are within short walking distance. Each apartment presents an irresistible fusion of sought-after attributes, including open floor plans, spacious living areas, well-appointed bedrooms, and an abundance of natural light. The units have been thoughtfully enhanced with updated kitchens, and the building benefits from a meticulously cared for boiler system. 5471 S. Ridgewood Court offers an outstanding investment opportunity for those looking to acquire a property in one of Chicago's most vibrant and rapidly evolving areas. With this investment. A new owner can unlock value without incurring the substantial costs associated with a full-scale construction renovation. Additionally, the introduction of in-unit laundry facilities to each apartment provides potential to further enhance income. This distinctive offering allows for the acquisition of a secure investment with promising upside in an A+ Hyde Park location, nestled by the University of Chicago's campus and ensuring a robust cash-on-cash return for many years to come

Property Map

Property Details

Utilities

  • Heating
  • Cooling Window Unit(s)
  • Water
  • Sewer

Additional Information

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

11-14-2023 Listed at $1,549,999
01-25-2024 Price decreased by $50,000 to $1,499,999
04-23-2024 Status changed to Cancelled
Last Modified 4/23/24 7:21 PM

Nearby Transportation

  • Bus 55 < 0.1 mi
  • Bus 171 < 0.1 mi
  • Bus 172 0.2 mi
  • Bus 28 0.2 mi
  • Bus 15 0.2 mi
  • Bus 192 0.3 mi
  • Bus 6 0.4 mi
  • Bus 2 0.4 mi
  • Bus 10 0.5 mi
  • Bus 59 0.7 mi
  • Bus 4 0.7 mi
  • Bus 47 0.9 mi
  • Bus 63 1.1 mi
  • Bus 3 1.2 mi
  • Metra Electric 0.3 mi
  • ZipCar 0.2 mi
  • I 90 West 2.0 mi
  • I 94 West 2.0 mi
  • I 90 East 2.0 mi
  • I 94 East 2.0 mi
  • I 55 North 3.3 mi
  • I 55 South 3.4 mi
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