10612 Ridgemont Ln

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Meticulously Maintained Building is being offered for sale by longtime owners which has occupied the building for over 30 years. This is a turnkey investment opportunity that is now available in Chicago Ridge. Recent updates include Newer roof and gutters, newer boiler for radiant heating provided throughout all units, Newer Hot Water Tank, Newer Balcony Doors in 5 of the units, new carpet in hallways, recently repainted hallways and newer wall air conditioner units in units. Owners unit has been...Meticulously Maintained Building is being offered for sale by longtime owners which has occupied the building for over 30 years. This is a turnkey investment opportunity that is now available in Chicago Ridge. Recent updates include Newer roof and gutters, newer boiler for radiant heating provided throughout all units, Newer Hot Water Tank, Newer Balcony Doors in 5 of the units, new carpet in hallways, recently repainted hallways and newer wall air conditioner units in units. Owners unit has been recently remodeled with new cabinets, new countertops, new appliances, new flooring throughout the unit, updated bathroom and new wall unit in bedroom. Owners unit is extended to the Basement Unit which provides additional living space. Each of the Units has an additional storage unit located inside the lower levels of the building. Property is not in a flood zone and building is being sold as is.
  1. Listed by Daniel Styrczula • Boutique Home Realty
    P: (630)-923-9283 C: (630)-923-9283 styrczuladaniel@gmail.com; daniel.styrczula@cbrealty.com

Sold By USA Realty Group Inc

Property Details for 10612 Ridgemont Lane

Area
Chicago Ridge
Num Of Parking Spaces
12.0
Air Conditioning Type
Wall Sleeve
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING CLOSED: 09/16/2022 12:00 AM

Property Details for 10612 Ridgemont Lane

StatusClosed
MLS #11483267
Days on Market4
Taxes$16,279 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1978
Lot Size0.20 AC / 8,712 SF
CountyCook County

Location

Add your commute

Building Information for 10612 Ridgemont Lane

Stories3Residences6Year Built1978Building Size-Lot Size0.20 AC / 8,712 SF

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Principal and Interest

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Property Taxes

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Property Information for 10612 Ridgemont Lane

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: No Sign on Property
Taxes and HOA Information
  • Association Fee Includes: None
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Heat/Ventilation: Baseboard
  • # Of Window/Ac: 6
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • # Of Dishwashers: 0
  • Num of Baths: 7.0
Exterior Features
  • Misc Outside: Balcony/ies
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 64X129
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional, Trade, Cash
  • Documents Available: Rent Roll,Traffic Counts
  • Public Document Count: 1
  • Document Date: 2022-08-04T15:57:59
  • Photos Count: 32
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $4,400.00
  • Gross Income: $58,800.00
  • Gross Scheduled Income: $58.00
  • Insurance Expense: $2,400.00
  • Maintenance Expense: $2,500.00
  • Manager Expense: $.00
  • Expense Year: 2021
  • Janitor Expense: 0
  • Total Monthly Income: 4900
  • Net Operating Income: $27,800.00
  • Operating Expense: $28,245.00
  • Other Expense: $.00
  • Trash Expense: $720.00
  • Water Sewer Expense: $4,000.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 5
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 10612 Ridgemont Lane

DateEvent & SourcePriceAppreciation
Sep 16, 2022

Sold

MRED #11483267

$700,000
Sep 14, 2022

Sold (Public Record)

Public Record #1497966977

$700,000
Aug 8, 2022

Listed (Active)

MRED #11483267

$724,999
DateEvent & SourcePrice
09/16/2022

Sold

MRED #11483267

$700,000
09/14/2022

Sold (Public Record)

Public Record #1497966977

$700,000
08/08/2022

Listed (Active)

MRED #11483267

$724,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 10612 Ridgemont Lane

Taxable ValueLand$7,756Additions$56,244Total$64,000
Tax Record2023$20,758 ($1,730 / month)
Home Facts
Baths7Total Finished SqFt7,068 SqFtAbove Grade Finished SqFt7,068 SqFtStories3Lot Size8,385 SqFtStyleMulti-Family Res (5+ Units)Year Built1979CountyCOOKAPN24-17-220-017

Schools near 10612 Ridgemont Lane

This home is within Chsd 218 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ridge Lawn Elementary School
PublicPK to 5

Elden D Finley Jr High School
Public6 to 8

H L Richards High Sch(Campus)
Public9 to 12

Delta Learning Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Boutique Home Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/03/2023 12:50 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.