Sold
Last Sold Price
14 beds
10618 Ridgemont Ln, Chicago Ridge, IL 60415
Multi FamilyProperty Type
9,583 sq ftLot Size
1978Year Built
21 carsParking Spaces

Description

Attention investors, great opportunity to make some extra money, Rare Chicago 7 unit building fully occupied with all units featuring two bedrooms, full basement, laundry facility, storage lockers, and 21 parking spots.Attention investors, great opportunity to make some extra money, Rare Chicago 7 unit building fully occupied with all units featuring two bedrooms, full basement, laundry facility, storage lockers, and 21 parking spots.

    Sold By Chicagoland Brokers, Inc

    • Listed by: Anna Walus 708.598.1144 aforenda75@gmail.com • United Real Estate Elite
    Listing closed: 02/25/2022 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11177915

    Recent comparable sales

    Median sold price

    $705,000

    Chicago Ridge, IL

    9 comparable properties found

    1

    $690,000

    Sold 05/13/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.80
    Acres
    2

    $555,000

    Sold 02/18/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.33
    Acres
    3

    $705,000

    Sold 02/26/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,500
    Square Feet
    Unavailable
    Acres
    4

    $1,725,000

    Sold 07/29/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    10,800
    Square Feet
    0.29
    Acres
    5

    $250,000

    Sold 12/10/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,984
    Square Feet
    Unavailable
    Acres
    6

    $165,000

    Sold 01/29/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,250
    Square Feet
    Unavailable
    Acres
    7

    $1,000,000

    Sold 11/26/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    7,610
    Square Feet
    0.48
    Acres
    8

    $1,000,000

    Sold 08/22/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    2.09
    Acres
    9

    $29,680,000

    Sold 09/30/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    115,850
    Square Feet
    Unavailable
    Acres

    Location

    Add your commute

    Payment Calculator

    Get preapproved with
    OriginPoint Mortgage or Rocket Mortgage1

    $4,519 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,228

    Property Taxes

    $1,292

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 10618 Ridgemont Lane

    Property Details
    • Taxes: $15,500 / year
    • MLS Type: Multi Family 5+ / Flats
    • County: Cook County
    • Area: Chicago Ridge
    • Township: Worth
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 7
    • Year Built: 1978
    • Lot Size: 0.22 AC / 9,583 SF
    General Information
    Location and General Information
    • Information: None
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Heat/Ventilation: Gas
    • Num of Baths: 0.0
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity
    • Built Before 1978: No
    • Approximate Age: 36-50 Years
    • Multi-Family Type: Flats
    • Lot Dimensions: 9,860
    • Stories: 3
    • MRD_UNC: No
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 6
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 7
    Income & Expenses
    • Electric Expense: $1,000.00
    • Fuel Expense: $2,800.00
    • Gross Income: $74,280.00
    • Gross Scheduled Income: $74,280.00
    • Insurance Expense: $3,000.00
    • Maintenance Expense: $500.00
    • Janitor Expense: 1200
    • Total Monthly Income: 6190
    • Net Operating Income: $43,770.00
    • Operating Expense: $30,450.00
    • Other Expense: $450.00
    • Trash Expense: $900.00
    • Water Sewer Expense: $5,100.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 1: 4
    • # Of Full Bthrms - Type 1: 1
    • Monthly Income - 1: 950
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 2: 4
    • # Of Full Bthrms - Type 2: 1
    • Monthly Income - 2: 940
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 3: 4
    • # Of Full Bthrms - Type 3: 1
    • Monthly Income - 3: 920
    • Monthly Income Max - 3: 920
    Unit 4
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 4: 4
    • # Of Full Bthrms - Type 4: 1
    • Monthly Income - 4: 900
    • Monthly Income Max - 4: 900
    Unit 5
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 5: 4
    • # Of Full Bthrms - Type 5: 1
    • Monthly Income - 5: 880
    • Monthly Income Max - 5: 880
    Unit 6
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 1
    • # Of Full Bthrms - Type 6: 1
    • Monthly Income - 6: 800
    • Monthly Income Max - 6: 800
    Unit 7
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 7: 4
    • # Of Full Bthrms - Type 7: 1
    • Monthly Income - 7: 800
    • Monthly Income Max - 7: 800

    Property History for 10618 Ridgemont Lane

    DateEvent & SourcePriceAppreciation
    Feb 25, 2022

    Sold (Public Record)

    Public Record #1485480035

    $635,000

    -0.1% / yr

    Feb 25, 2022

    Sold

    MRED #11177915

    $635,000
    Feb 5, 2022

    Pending

    MRED #11177915

    DateEvent & SourcePrice
    02/25/2022

    Sold (Public Record)

    Public Record #1485480035

    $635,000

    -0.1% / yr

    02/25/2022

    Sold

    MRED #11177915

    $635,000
    02/05/2022

    Pending

    MRED #11177915

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

    Public Records for 10618 Ridgemont Lane

    Taxable ValueLand$9,121Additions$53,880Total$63,001
    Tax Record2023$20,433 ($1,703 / month)
    Home Facts
    Baths7Total Finished SqFt7,068 SqFtAbove Grade Finished SqFt7,068 SqFtStories3Lot Size9,860 SqFtStyleMulti-Family Res (5+ Units)Year Built1978Year Renovated1978CountyCOOKAPN24-17-220-018-0000

    Schools near 10618 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.

    Neighborhood Map and Transit

    Similar Homes

    New listings in 60415

    $569,000 | 10832 Massasoit Avenue, Chicago Ridge, IL 60415
    1/30
    Listed By @propertiesOpen: 9/5 11:00AM - 12:30PM

    $569,000

    4
    Bedrooms
    3,212
    Square Feet
    0.15
    Acres
    $155,000 | 7005 99th Street, Unit 2W, Chicago Ridge, IL 60415
    1/7
    New

    $155,000

    2
    Bedrooms
    1,000
    Square Feet
    $341,900 | 6520 Ridge Drive, Chicago Ridge, IL 60415
    1/26
    Contingent

    $341,900

    3
    Bedrooms
    1,072
    Square Feet
    0.22
    Acres
    $224,900 | 5746 106th Street, Unit 1D, Chicago Ridge, IL 60415
    1/29

    $224,900

    2
    Bedrooms
    1,012
    Square Feet
    $359,900 | 11009 Mansfield Avenue, Chicago Ridge, IL 60415
    1/29

    $359,900

    3
    Bedrooms
    1,600
    Square Feet
    0.16
    Acres
    $352,000 | 6534 107th Street, Chicago Ridge, IL 60415
    1/42

    $352,000

    3
    Bedrooms
    1,137
    Square Feet
    0.17
    Acres
    $156,900 | 10430 Ridgeland Avenue, Unit 6, Chicago Ridge, IL 60415
    1/21

    $156,900

    2
    Bedrooms
    1,000
    Square Feet
    a front view of a house with yard and green space
    1/28

    $245,900

    2
    Bedrooms
    1,200
    Square Feet
    $294,999 | 6512 102nd Place, Chicago Ridge, IL 60415
    1/14
    ContingentVirtual Tour

    $294,999

    3
    Bedrooms
    1,072
    Square Feet
    0.17
    Acres

    Nearby home values

    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 United Real Estate Elite

    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 02/25/2022 02:26 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.