Kiser Group is pleased to present 3457 N. Ridgeway Ave, a value-add 8-unit apartment building located in Avondale on Chicago’s Northwest Side. The Property consists entirely of eight (8) 1Bd/1Ba units, all featuring spacious layouts with typically dated interior finishes, offering a clear opportunity for unit modernization and rent growth.
The building is heated by a boiler system and serviced by one newer hot water tank for all tenants. Building plumbing is made up of a mix of copper and galvanized. Additionally, the property benefits from an on-site laundry facility, providing an added amenity and supplemental income stream.
3457 N. Ridgeway Ave presents investors with a compelling value-add opportunity. Through unit renovations, targeted mechanical upgrades, and improved management, a new owner can enhance operational efficiency and achieve higher returns upon stabilization