2203 S Ridgeway Avenue
Chicago, IL 60623

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Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60623
• Year Built: 1914
• Stories: 2
• Units: 8 units
• Basement: Unfinished
• # Of Ranges: 8
• # Of Refrigs: 8
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Directions: At the southeast corner of W Cermak Rd and S Ridgeway Ave
• Electric: Circuit Breakers, Separate Meters
• Electric Expense: 467
• Expense Year: 2025
• Fuel Expense: 793
• Gross Income: 105720
• Gross Rent Multiplier: 9.6
• Gross Scheduled Income: 98739
• Heat/Ventilation: Individual Furnaces
• Information: 48-Hr Notice Required
• Insurance Expense: 7258
• Janitor Expense: 1440
• Known Encumbrances: None Known
• Main Type: Commercial Sale
• Maintenance Expense: 2400
• Operating Expense: 29527
• Other Expense: 8745
• Outdoor Parking: None On Site
• Roof Structure: Flat
• Tax Annual Amount: 11291
• Tax Year: 2024
• Tenant Pays: Electricity, Heat
• Total Annual Expense Source: Actual
• Total Monthly Income: 8810
• Trash Expense: 2958
• Type Multi-Family: Corridor-Interior Entrance
• Water Sewer Expense: 4000