Skip Navigation Links
$1,250,000
12bed
6bath
0.08acacres
5471-5473 S Ridgewood , Chicago, 60615

5471-5473 S Ridgewood Chicago IL 60615

Rarely available, turnkey, all brick, 6-unit, apartment building in prime Hyde Park location! This is an amazing opportunity with a 6.5% NET CAP return at the list price! This classic, center entrance building is the perfect balance of timeless, Chicago architecture with modern convenience and updates throughout. The building is comprised of six (6) 2-bedroom / 1-bathroom apartments. All units are spacious and updated throughout. Features include modern style kitchens and baths, quartz counters, large living rooms, separate dining rooms, nice size bedrooms, custom lighting, insulated windows, refinished hardwood floors and back decks. Common areas have been enhanced with large individual storage units, newer on-site card payment laundry machines, perimeter video security system, well maintained and modernized zoned boiler system, updated exterior decks and professional landscaped expansive grounds. The building is perfectly located on a quiet, one-way street and very close to the University of Chicago campus, catering to both students and facility members. This building has been meticulously maintained by an experienced, professional, management company for many years. Tenants are satisfied here with many recently renewed leases, which will further increase rental income this year. This is a true arm-chair investment opportunity!
  • This site is protected by reCAPTCHA see our Privacy Policy

Media

DETAILS

  • Listing Id
    12042473
  • Status
    Closed
  • Bedrooms
    12
  • Baths
    6
  • Lot Size
    0.08 ac
  • Year Built
    1909
  • Basement
    Unfinished
  • Cooling
    A/C
  • Roof
    Rubber
  • Lifestyles
    Outdoor Activities, Metropolitan
  • Water
    Lake Water
  • Area Amenities
    Outdoor Activities, Jogging / Biking Path
  • Sewer
    Public
Loading...

Sign Up For Email Newsletter

  • This site is protected by reCAPTCHA see our Privacy Policy

Links

Social

© 2024 Sotheby’s International Realty Affiliates LLC. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.

This website is not the official website of Sotheby’s International Realty. Real estate agents affiliated with Sotheby’s International Realty are independent contractors and are not employees of Sotheby’s International Realty. The information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we can not represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and can not be verified by Sotheby's International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.

Website Data Collection Preferences
Real estate website design, development and optimization by Organic Return