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6 Properties Within 0.5 miles of: 9821 S Ridgeland, Oak Lawn

9821 S Ridgeland
Oak Lawn, IL 60453

  • 7 Beds
  • Built In 1986
Price

$625,000

Est Payment
$4,484 / month (details)  
Taxes
$13,808  
Beds
7  
Rooms
15  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
50 X 110  
Built
1986  
Neighborhood
Oak Lawn  
MLS
#12036703
Status
Active (21 days)

Property 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 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!!

Property Video

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer, Sewer-Storm

Additional Information

Parking
7 Parking Spaces, Assigned, Driveway, Parking Lot, Parking On Site, Owned, Parking included in price
Schools
Oak Lawn Comm High School (229), Simmons Middle School (122), Columbus Manor Elementary School (122)

Payment Calculator

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

Listing History

04-30-2024 Listed at $635,000
05-17-2024 Price decreased by $10,000 to $625,000
Last Modified 5/17/24 10:33 AM

Nearby Transportation

  • Southwest Service 0.7 mi
  • I 294 South 1.4 mi
  • I 294 North 1.4 mi
  • Hwy 171 3.9 mi
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