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About the Listing 29164 - 254887
Welcome to 530 S. Ridgeland Ave! This well-maintained all-brick two-unit building is a fantastic opportunity for both owner-occupants and investors. Each unit features 2 spacious bedrooms, 1 full bathroom, beautiful hardwood floors, and plenty of natural light. The first-floor unit is currently tenant-occupied on a two-year lease at market rent, providing immediate rental income, while the second-floor unit is vacant, updated, and move-in ready, making it perfect for an owner occupant, or an investor seeking additional cash flow. Recent updates include a new roof (2019), water heater (2023), updated kitchen and bathroom, newer windows, and an updated electrical panel. The bright enclosed sunroom offers additional living space and has the potential to be converted into a third bedroom, home office, or flex room. Outside, you'll find a fenced backyard, a detached two-car garage, and an additional carport currently used by the tenant for off-street parking. Conveniently located in the heart of Oak Park with easy access to I-290, public transportation, shopping, dining, parks, and schools, this turnkey property offers the perfect combination of comfort, convenience, and investment potential. Nothing to do but move in and start collecting rental income. Showings are only available for the upstairs unit. Schedule your private showing today!
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
12700758
Year Built
1916
Total Square Footage
0
Lot/Acreage
34x127
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 34x127
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $14,018
- Taxes w/Assessments: N/A
- Tax/Property ID: 16171000120000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Questions About..
530 S Ridgeland Ave Oak Park, IL 60304
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