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9821 S Ridgeland, Oak Lawn, IL 60453

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For Sale

$635,000

7 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 31-40 Years Old
    Age

Explore this Property

Welcome to this built in 1986 legal 3-flat property located in the heart of Oak Lawn. Attractive and sturdy brick/stone exterior accented by architectural shingles roof, front portico entryway & professional landscaping. This well-maintained building features two spacious 2 bedroom, 2-bath units along with a third 3 bedroom, 2-bath unit on top floor. Each unit is about 1400 ft and the two 2 bedroom units could possibly be converted to a 3 bedrooms by repurposing a spacious dining room as there is already a sufficient table space by the kitchen to maximize the earnings. (Please do your due diligence- it is w suggestion not a guarantee). Currently fully leased with quality tenants, this property offers a fantastic opportunity for immediate rental income with a potential to increase rent upon lease renewal as Oak Lawn is a sizzling hot rental market. Each unit is equipped with central air conditioning/forced heat for added comfort as well as convenience of having their own private full size laundry/storage room. Tenants are responsible for paying gas and electric expenses. Don't miss out on this chance to own a lucrative investment property in a desirable location across from Chicago Ridge Mall. Contact us today for more information and be the first to seize this exceptional real estate opportunity. Plenty of parking on the paved back lot and driveway. Reach out to your agent to see DETAILED VIDEO if units!!
MLS# 12036703

Courtesy Of Boutique Home Realty

(708) 963-0011

Property Features

  • Age
    31-40 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick, Stone
  • Heating Fuel
    Natural Gas
  • Heating System
    Forced Air
  • Roof Type
    Asphalt
  • Rooms
    Bedroom

Map and Directions

Directions to 9821 S Ridgeland, Oak Lawn, IL 60453

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Circle

(630) 369-2000
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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