1 /
24
Map
$298,000
●
Multifamily -
For Sale
7948 S Ridgeland Avenue
Chicago, IL 60617
5 Beds
0 Bath
$1,755
Estimated Monthly
$0
HOA / Fees
10.91%
Cap Rate
About This Property
3 unit all brick building on a quiet block of mostly single family
homes. Building is zoned for 4 units - top floor combined 2 units
together, can be de-converted for 4 legal units! As it is, the 2nd
floor unit is a huge 3BR/2BA apartment that occupies the entire
floor with new dishwasher, zoned heating, separate water heaters,
and lots of closet space. The 1st floor units are each 1BR/1BA with
new dishwashers and separate furnaces and water heaters. Coin
laundry in the basement, large lot, and 3 car garage. As-is sale.
Unit Size
-
Days on Market
56 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$291
HOA Dues
-
Year Built
1924
Listed By
Last updated: 21 days ago (MREDIL #12000046)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2024 | Relisted | $298,000 | |
| Relisted | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Compass | $298,000 | |
| Listed by Compass | |||
| Oct 21, 2019 | Sold to Valinda R Goldsmith | $235,000 | |
| Sold to Valinda R Goldsmith | |||
Property Highlights
Exterior Details
Exterior Information
Brick
7948 S Ridgeland Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
5
Beds
3
Baths
3,000 ft²
$100/ft²
$299,000
Feb 23, 2024
-
$218/mo
Active
House
4
Beds
3
Baths
2,100 ft²
$157/ft²
$329,900
Jul 28, 2023
-
$229/mo
Active
House
4
Beds
3
Baths
2,400 ft²
$146/ft²
$349,900
Apr 4, 2024
-
$330/mo
In Contract
House
4
Beds
2
Baths
1,778 ft²
$138/ft²
$245,000
Dec 22, 2023
-
$147/mo
Active
House
3
Beds
3.5
Baths
2,150 ft²
$138/ft²
$295,900
Aug 2, 2023
-
$235/mo
Active
House
3
Beds
3
Baths
2,140 ft²
$140/ft²
$299,900
Mar 1, 2024
-
$80/mo
In Contract
House
3
Beds
3
Baths
2,300 ft²
$130/ft²
$299,000
Mar 20, 2024
-
$326/mo
In Contract
House
3
Beds
2
Baths
1,880 ft²
$168/ft²
$315,000
Mar 15, 2024
-
$184/mo
Active
House
3
Beds
3
Baths
1,502 ft²
$210/ft²
$315,000
Apr 4, 2024
-
$201/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/16/2023
|
|
5 Bed
|
-
|
-
|
$289,000
5 Bed
-
|
-
-
|
-
|
Santiago Valdez
Compass
|
Building Info
7948 South Ridgeland Avenue
7948 South Ridgeland Avenue, Chicago, IL 60617
- 1 Unit for Sale
About Far South Chicago
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