Sold
Last Sold Price
14 beds

10612 Ridgemont Ln, Chicago Ridge, IL 60415

Multi FamilyProperty Type
0.2 acresLot Size
1978Year Built
12 carsParking Spaces

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.

    Sold By USA Realty Group Inc

    • Listed by: Daniel Styrczula 630.923.9283 styrczuladaniel@gmail.com; daniel.styrczula@cbrealty.com • Boutique Home Realty
    Listing closed: 09/16/2022 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11483267
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    $5,094 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $3,737

    Property Taxes

    $1,357

    HOA Dues

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    Property Information for 10612 Ridgemont Lane

    Property Details

    • Taxes: $16,279 / year
    • MLS Type: Multi Family 5+ / Flats
    • County: Cook County
    • Area: Chicago Ridge
    • Air Conditioning Type: Wall Sleeve
    • Num of Interior Fireplaces: 0
    • Zoning: MULTI

    Building Information

    • Stories: 3
    • Residences: 6
    • Year Built: 1978
    • Lot Size: 0.20 AC / 8,712 SF

    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

    10612 Ridgemont Lane

    Baths

    7

    Total Finished SqFt

    7,068 SqFt

    Above Grade Finished SqFt

    7,068 SqFt

    Stories

    3

    Lot Size

    8,385 SqFt

    Style

    Multi-Family Res (5+ Units)

    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

    Harold L. Richards High School
    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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    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.