Find the home or investment property you’ve been looking for!

Quick Search

Select Search Area

Selected Areas (10)
Listing Types

Property Features

2 Flat 3453 Ridgeway Chi Avondale Chicago IL Mu

City: CHICAGO ZIP: 60618

Built In: 1920

Lot Size: Less Than .25 Acre

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 4 bedrooms 3 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $2000

Detailed Listing Description

Check out the virtual walkthrough! Exceptionally rehabbed brick 2 flat with incredible 4 bed/3 bath owner's unit. This is the perfect property for someone looking for single family home living with income. The 2nd floor is a 3 bed/ 2 bath bringing in $2k per month. The rental income significantly offsets your mortgage allowing you to build equity and reduce your payment. Completely gutted with all new elec, plumbing, mechanicals, roof, windows, this property is truly turn key. Stunning modern finishes throughout including ebony hardwood floors, white cabinets, quartz counters, and stylish tile selections. Wonderful floor plans with open concept and lots of light. Enjoy a fenced in back yard and 2 car garage. Amazing neighborhood location on the border of Avondale and Irving Park. Walking distance to Blue Line and easy access to 90/94. Located 2 blocks to CPS Level 1 Reilly Elementary.

Additional Property Details

Garage & Parking
  • Gargage DetailsGarage Door Opener(s),
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1Electric, Gas, Heat,
  • Tenant Pays Unit 2Electric, Gas, Heat,
  • Appliances Unit 1Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Range Hood, Hardwood Floors,
  • Appliances Unit 2Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner,
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 56% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 70% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $24,000 Monthly $2,000
Rental Income Stabilized : Annual $29,964 Monthly $2,497
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,000$2,497
Year Total$24,000$29,964
Net Operating Income$10,990$16,954
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $9074 $25124 $34198 $2850
Total         $9,074 $25,124 $34,198   $-23,208 $9,074 $-14,134
Stabilized         $9,074 $25,124 $34,198   $-17,244 $9,074 $-8,170
Custom         $9074 $25124 $34198   $-17244 $9074 $-8170

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

Explore Nearby Neighborhoods

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

North CenterNearby Neighborhoods X Plus Real Estate

North Center

Albany ParkNearby Neighborhoods X Plus Real Estate

Albany Park

Listing Agent: Elizabeth Lothamer
Listing Office: @properties
2929 W Leland Ave Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.