Adam Edstrom
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Presenting 2203-07 S Ridgeway Ave., a well-maintained 8-unit corner apartment building located in Chicago's desirable Little Village neighborhood. The property is comprised entirely of two-bedroom, one-bathroom units, providing consistent layouts that are attractive to both tenants and owners. Many of the apartments have been recently renovated with modern finishes, including granite countertops, new cabinetry, updated bathrooms, individual furnaces and hot water heaters, and new or refinished hardwood flooring. These improvements position the property well for strong rental performance with additional upside potential. Ideally located just one block from the CTA #21 bus line and approximately half a mile from the CTA Pink Line, the building offers excellent access to public transportation, further enhancing tenant demand. This property represents a solid value-add investment opportunity in a growing neighborhood with strong and stable rental demand.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Cook
Listed By:
Fulton Grace Realty
773-698-6648
MRED MLS
MLS ID: 12549798
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2203 S Ridgeway Avenue, Chicago, IL 60623.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $875,000 | $875,000 | $875,000 |
| Down Payment | $175,000 | $30,625 | $218,750 |
| Monthly Mortgage Amount | $4,085 | $5,082 | $5,319 |
| Taxes | $1218 | $1218 | $1218 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $525 | $0 |
| Monthly Estimated Total | $5,558 | $7,080 | $6,792 |
Adam Edstrom
REALTOR®
Cell: (563) 210-6814
Licensed in IA & IL
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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