328 S Ridgeland Avenue Oak Park, IL $ 605,000
328 S Ridgeland Avenue
$ 605,000
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328 S Ridgeland Avenue

Oak Park, IL, 60302
$ 605,000
Bedrooms6 Baths2.0 Sq 3,000

Monthly Estimate*

$ 4,021

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Multi-Family Home for sale in Oak Park, IL

for $605,000 with 6 bedrooms and 2 full baths. This 3,000 square foot home was built in 1910 on a lot size of 0.15.

**BUILDING IS FULLY VACANT** PERFECT TIME FOR OWNER/OCCUPANT OR REHABBER TO PURCHASE** PLEASED TO PRESENT 328 SOUTH RIDGELAND AVENUE IN OAK PARK, ILLINOIS, A TWO-UNIT, VINTAGE, WALK-UP APARTMENT BUILDING. THE SUBJECT PROPERTY CONTAINS TWO LARGE THREE-BEDROOM/ONE-BATHROOM UNITS (APPROXIMATELY 1,500 SQUARE FEET). BOTH UNITS FEATURE VINTAGE CHARM, SUNROOMS, ENCLOSED BACK PORCHES AND DESIGNATED WASHER/DRYER IN THE BASEMENT. ON-SITE THERE IS A THREE-CAR GARAGE AND BACK PATIO AREA FOR TENANTS TO ENJOY. 328 RIDGELAND AVENUE SITS APPROXIMATELY FOUR BLOCKS SOUTH OF THE RIDGELAND CTA GREEN LINE STATION, APPROXIMATELY ONE MILE NORTH OF THE CTA OAK PARK BLUE LINE STATION, ONE MILE NORTH OF INTERSTATE 290 AND ONE MILE SOUTH OF DOWNTOWN OAK PARK ALONG LAKE STREET. THIS ASSET OFFERS A POTENTIAL INVESTOR OR OWNER-OCCUPANT THE OPPORTUNITY TO ACQUIRE A HIGH-QUALITY, WELL-MAINTAINED BUILDING IN A SUPERB LOCATION. THE SUBJECT PROPERTY FITS WELL AS A STAND-ALONE PROPERTY OR WITHIN A LARGER PORTFOLIO.

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Multi-Family Active

Price

$ 605,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 17,042

Style

Lot Size

0.15

Year Built

1910

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

10941490

Features
General
Sewer Public Sewer
Heating Natural Gas Electric
Possession Closing
Exterior Features Patio Porch Screened
Zoning MULTI
Garage Spaces 3
Year Built 1910
Township Oak Park
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 66780
County Cook
Net Operating Income 37439
Insurance Expense 2733
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status Active
Directions NORTHEAST CORNER OF SOUTH RIDGELAND AVENUE AND WASHINGTON BOULEVARD
High School Oak Park & River Forest High Sch
City Oak Park
High School District 200
MLS Area Oak Park
Waterfront Y/N N
Street Name Ridgeland
Elementary School William Beye Elementary School
Tax Annual Amount 17042
Electric Expense 393
Fuel Expense 2977
Middle/Junior High School Percy Julian Middle School
Water Sewer Expense 3040
Additional Parcels Y/N N
Days on Market 1276
Standard Status Active
Middle/Junior School District 97
Elementary School District 97
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Interior
Basement Full Unfinished
Full Baths 2
Half Baths 0
Street Suffix Avenue
Total Bedrooms 6
Room Type Den Enclosed Porch Foyer Sun Room
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 0.15 ACRES
Lot Size Acres 0.15
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
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* Excluded Features
List By
B2b Investment Properties Llc

Broker

bell@b2binvestmentproperties.com

Email

Affordability Calculator

$5,441
Per Month
74%
26%
0%
Monthly Principal & Interest
$4,021
Monthly Property Taxes
$1,420
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567323 Elementary School
565272 Middle School
Oak Park & River Forest High Sch High School
Pricing History
DatePricePrice ChangeDescription
8/10/2023$605,000 -1.63% Price Down
11/25/2020$615,000 Listed Price

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328 S Ridgeland Avenue, Oak Park, IL, 60302 is a Multi-Family Home for sale at $605,000 with 3,000 sqft and a lot size of 0.15. 328 S Ridgeland Avenue has 6 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 60302 which is in Oak Park, IL