$225,000
$200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
1833 W Ridgeland Avenue Waukegan, IL 60085
5 Beds
Key Details
Sold Price $225,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12196340
Sold Date 12/02/24
Bedrooms 5
Year Built 1965
Annual Tax Amount $5,327
Tax Year 2022
Lot Dimensions 104X41
Property Description
HUGE Opportunity for investors looking to generate cash flow with an excellent property. This all-brick building has many updates - roof (2019), new water heater, and the upper unit is completely remodeled. Not an investor? No problem, move right in to the refreshed upper unit, and update the lower unit & rent it out to help defray your costs! Such a great way to start building generational wealth. The upper floor is all new and remodeled, with three large bedrooms, full bath, eat-in kitchen and a great living room. The lower floor needs cosmetic updating, but is in good shape (tenant lived there recently). The lower floor unit has two large bedrooms, full bath, eat-in kitchen, and a big living room.
Location
State IL
County Lake
Zoning MULTI
Rooms
Basement None
Interior
Heating Radiant
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Lot Description Corner Lot
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 60, 60, 60
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with David Ayabarreno • RE/MAX Showcase