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Key Details
Sold Price $560,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 09743357
Sold Date 08/13/19
Style Prairie
Bedrooms 8
Year Built 1902
Annual Tax Amount $22,002
Tax Year 2016
Lot Size 8,712 Sqft
Lot Dimensions 50X174
Property Sub-Type Two to Four Units
Property Description
A Grand Dame of the Ridgeland Historic District, this 4 unit apartment building is notable for an imposing corner presence. First floor unit just renovated for spring 2018 with rental increase to match. The stately Prairie style "single family 4 square appearing" structure was built originally as a 4 flat apartment residence to blend seamlessly with the surrounding homes. Many architectural details were preserved in prior gentle renovations. Great prospects exist for an imaginative owner occupancy or rental expansion in the full walk up attic with somewhat finished spaces untouched since the 1920's, save for occasional use as a tenant art studio. Close proximity to schools and transportation make this very desirable to renters with no vacancies since 1986. Some very long term tenants gives some explanation to reflected below market rents. She stands strong, and much of the heavy lifting has been done through the years, but she does need some TLC and being sold AS-IS.
Location
State IL
County Cook
Community Sidewalks, Street Lights, Street Paved, Other
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Steam
Fireplace N
Exterior
Exterior Feature Balcony, Deck, Porch
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Lot Description Corner Lot
Foundation Stone
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 97, 97, 200
Others
Ownership Fee Simple
Special Listing Condition None
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