2203 S Ridgeway Ave - Apartments FOR SALE


Chicago, IL 60623- Little Village
$895,000 USD
312-610-1703
2203 S Ridgeway Ave, Chicago, IL for Sale
$895,000 USD
Apartments - FOR SALE
1/8
null | 11.06% Cap Rate

2203 S Ridgeway Ave
Chicago, IL 60623
Little Village


HIGHLIGHTS

  • Desirable Unit Mix: All 2 bedroom/1 bathroom
  • Opportunity for Investor to Raise Currently Below Market Rents: Significant Rental Upside
  • Strong Local Demand: 100% Occupied
  • Almost All of the Units Renovated in the Last Two Years
  • Walking Distance from the Central Park & Pulaski CTA Pink Line Stops
  • Individually Furnaced: Tenants Pay Heat

OVERVIEW

Nara Advisors has been exclusively engaged to market for sale 2203 S Ridgeway Ave, an 8 unit multifamily property in Chicago's Little Village neighborhood.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

8

PRICE/UNIT

$111,875

CAP RATE

11.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1914

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,127 SF

ZONING

R3, Chicago

APN/PARCEL ID

16-26-105-001-0000

ASK ABOUT THIS PROPERTY

Michael AnguianoNara AdvisorsMore Info
312-610-1703

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Michael AnguianoNara AdvisorsMore Info
312-610-1703

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.