9821 S Ridgeland Avenue Oak Lawn, IL 60453
Listing Courtesy of: MLS LogoMidwest Real Estate Data / Keller Williams Preferred Rlty

  9821 S Ridgeland Avenue Oak Lawn, IL 60453

Pending (29 Days)
$700,000
7
BED
6
BATH

Description

Welcome to this 3-flat property located in the heart of Oak Lawn. Attractive and sturdy brick/stone exterior accented by architectural shingles roof, front 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 with 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.

MLS #:
12336242
Taxes
$24,081,368(2023)
Type
Multifamily
Year Built
1986
Style
Other
School District
122,229
County
Cook County

Listed By

Cynthia Agate, Keller Williams Preferred Rlty
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked May 14 2025 at 4:54 AM GMT+0000
Bathroom Details
Interior Features
  • Intercom
  • Fire Sprinklers
  • Co Detectors
Lot Information
  • Landscaped
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Natural Gas
  • Forced Air
  • Sep Heating Systems - 2+
  • Indv Controls
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Lake Michigan
  • Sewer: Public Sewer, Storm Sewer
School Information
  • Elementary School: Columbus Manor Elementary School
  • Middle School: Simmons Middle School
  • High School: Oak Lawn Comm High School
Parking
  • Assigned
  • Driveway
  • Parking Lot
  • On Site
  • Owned
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.