Address
5731 W Ridgemont Lane Chicago Ridge, IL
Price
$ 720,000
Property Attributes
  • MLS#11230310
  • TypeContingent
  • CountyCOOK
  • CityChicago Ridge
  • AreaChicago Ridge
  • NeighborhoodDowntown
  • Zip60415
  • StyleMulti-Family
  • Year Built1979
  • Taxes$ 17059
  • Price$ 720,000
  • Bedrooms14
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9500
Listing Provided Courtesy Of:
United Real Estate Elite
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Attention investors well-maintained All brick 6 flat building featuring fully occupied with long term tenants. All units featuring two bedrooms, full basement, laundry facility, storage locker. New roof 2020, freshly paved parking lot that included 13 large parking spots in the back. As is property

Price History
9/27/2021 Listed $729,000
11/15/2021 2% - $720,000

General Features

Additional Parcels Y/N No
City Chicago Ridge
Construction Materials Brick, Concrete, Steel Siding
Contingency Attorney/Inspection
Cooling Window Unit(s)
County Cook
Current Use Multi-Family
Days on Market 175
Directions CENTRAL TO 107TH STR., WEST TO PROPERTY
Electric Circuit Breakers, Separate Meters
Electric Expense 1000
Fuel Expense 2800
Grossincome 71400
Insurance Expense 3000
MLS Area Chicago Ridge
Maintenanceexpense 400
Net Operating Income 40941
Operatingexpense 30459
Possession Closing
Possible Use Multi-Family
Property Type Multi Family 5+
Property Type Commercial Sale
Roof Composition
Standard Status Active Under Contract
Status Contingent
Stories 2
Street Name Ridgemont
Tax Annual Amount 17059
Tax Year 2020
Tenant Pays Electricity
Total Units 6
Trash Expense 900
Utilities Sanitary Sewer, Water-Municipal
Water Sewer Expense 5000
Year Built 1979
Zoning MULTI

Interior Features

Basement Finished
Buyerofficeemail remax10oaklawnaccounting@yahoo.com
Street Suffix Lane

Exterior Features

Building Area Total 9500
Buyerofficefax (708) 857-1518
Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 50X110
Total Parking 13

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60415

Price
AVG $250K
$720K
Taxes
AVG $4,217
$17,059
Visits
AVG 34
216
Year Built
AVG 1985
1979
Walkscore
AVG 45
32
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.