Updated about 8 years ago on .
2Unit W/Garden Unit Lots of Equity in Active West Humboldt Park
2 Flat w/ Garden in Active West Humboldt Park - $105,000
Chicago, IL
1006 N. Ridgeway Ave Chicgo IL 60651
Purchase Price 105k
Rehab 40k
ARV 220k
Rents in the area are
3bed $1100-$1400
2bed $1000-$1200
Garden $700-$900
Owner currently lives in the property and has family renting the other units. All units will become available after closing.
1st floor -2bed 1bath
2nd floor- 2bed 1bath Originally 3bed 1 bath but owners opened up a wall to have one large bedroom.
Garden Unit- 1bed 1bath Originally 2bed 1bath Owners opened up a wall to have one large bedroom.
*Garden unit has an entrance and exit along with the proper ceiling height but was not allowed to have a working stove in the unit. You can easily make the first floor into a duplex.
Comp:
918 N Lawndale Ave, Chicago IL 60651 (204k)
Active:
1002 N DRAKE Ave, Chicago IL 60651 (280k)
943 N Ridgeway Ave, Chicago IL 60651 (219k)
1007 N Harding Ave, Chicago IL 60651 (240k)
Link for pictures https://drive.google.com/drive/folders/0B1SHFuNGEbBZM1NyMW5pb0R4STA
Call or email with any questions or to schedule a showing.
312-874-0506