HouseCanary, Inc. Brokerage

2656 S Ridgeway Ave., Chicago, IL 60623

Multifamily
7 Beds
3 Baths
1,008 Sq Ft
33 Days on Market

Listing Agent & Comments

Daniel EllingtonInfiniti Properties, Inc.
708-625-8788ellingtoneliterealty@gmail.com
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

MLS# MRD12275520 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area1,008 Sq.Ft.
Lot Size3,049 Sq.Ft.
Total Rooms--
Bedrooms7
Bathrooms3
Stories1
Year Built1901
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2022
Tax Amount$5,245
Property in Flood Zone--
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Courtesy of Infiniti Properties, Inc.