Sold
Last Sold Price

21 S Prospect Ave, Park Ridge, IL 60068

Mixed UseProperty Type
0.08 acresLot Size
1925Year Built
3 carsParking Spaces

Description

Rare opportunity to own in heart of uptown park ridge... Perfect location on prospect ave! Unique building with retail storefront AND 2 apartments with PRIVATE ENTRANCE. Retail storefront currently leased. Huge 2 story, 3 bedroom apt w/fp, hdwd fls and outdoor access to garden area. Nice size 1 bedroom apt with hdwd fls looks out to Prospect. 3 parking spaces located in back of bldg. Great investment opportunity!Rare opportunity to own in heart of uptown park ridge... Perfect location on prospect ave! Unique building with retail storefront AND 2 apartments with PRIVATE ENTRANCE. Retail storefront currently leased. Huge 2 story, 3 bedroom apt w/fp, hdwd fls and outdoor access to garden area. Nice size 1 bedroom apt with hdwd fls looks out to Prospect. 3 parking spaces located in back of bldg. Great investment opportunity!

    Sold By Basic House of Realty LLC

    Listing closed: 06/09/2014 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08556018
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    $4,085 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $2,963

    Property Taxes

    $1,122

    HOA Dues

    $0

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    Property Information for 21 South Prospect Avenue

    Property Details

    • Taxes: $13,460 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: Park Ridge
    • Township: MAINE
    • Air Conditioning Type: Central Air, Window Unit(s)
    • Num of Interior Fireplaces: 1
    • Zoning: OTHER

    Building Information

    • Stories: 2
    • Residences: 3
    • Year Built: 1925
    • Lot Size: 0.08 AC / 3,375 SF

    General Information

    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Frontage Type: City Street, Public Road
    • Geographic Locale: Northwest Suburban
    • Information: 24-Hr Notice Required,Other-See Remarks
    Taxes and HOA Information
    • Additional Parcels: No

    Property Information

    Interior Features
    • Air Conditioning: Central Air, Window Unit(s)
    • Flooring: Wood
    • # Of Washers: 1
    • Heat/Ventilation: Forced Air,Gas,Hot Water
    • # Of Window/Ac: 1
    • # Of Refrigerators: 2
    • Washer/Dryer Lsd: No
    • Misc Inside: Inside Corridor/s,Skylight/s,Basement
    • # Of Dryers: 1
    • # Of Dishwashers: 2
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 2
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Water to Site
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 25X130
    • Lot Size Square Feet: 3375.0
    • Stories: 2
    • Exterior Building Type: Brick, Concrete
    • Construction: Brick, Concrete
    • Roof Type: Composition
    • Foundation Details: Concrete Perimeter
    • # Of Offices: 0
    • # Of Ranges: 2
    • # Of Stores: 1
    • Property Sub Type: Apts/Stores
    Property and Assessments
    • Possible Use: Commercial, Office and Research, Multi-Family, Retail
    • Public Document Count: 4
    • Document Date: 2014-03-12T16:57:00
    • Photos Count: 2
    Miscellaneous
    • Current Use: Other
    • Location: Central Business District
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No

    Multi Family

    Multi-Family Information
    • Number Of Units Total: 3
    Income & Expenses
    • Electric Expense: $2,400.00
    • Fuel Expense: $2,400.00
    • Gross Income: $52,800.00
    • Gross Scheduled Income: $52,800.00
    • Insurance Expense: $2,000.00
    • Electric Expense Source: Owner Projection
    • Total Annual Expense Source: Owner Projection
    • Fuel Expense Source: Owner Projection
    • Insurance Expense Source: Owner Projection
    • Trash Expense Source: Owner Projection
    • Total Monthly Income: 4400
    • Water Expense Source: Owner Projection
    • Net Operating Income: $32,540.00
    • Operating Expense: $22,660.00
    • Other Expense: $.00
    • Trash Expense: $1,200.00
    • Water Sewer Expense: $1,200.00

    Property History for 21 South Prospect Avenue

    DateEvent & SourcePriceAppreciation
    Jun 9, 2014

    Sold

    MRED #08556018

    $555,000—
    May 28, 2014

    Sold (Public Record)

    Public Record #474363489

    $555,000

    -2.5% / yr

    Apr 23, 2014

    Pending

    MRED #08556018

    —
    DateEvent & SourcePrice
    06/09/2014

    Sold

    MRED #08556018

    $555,000
    05/28/2014

    Sold (Public Record)

    Public Record #474363489

    $555,000

    -2.5% / yr

    04/23/2014

    Pending

    MRED #08556018

    —

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

    Public records

    21 South Prospect Avenue

    Baths

    2.5

    Total Finished SqFt

    2,832 SqFt

    Above Grade Finished SqFt

    2,832 SqFt

    Stories

    2

    Lot Size

    3,375 SqFt

    Style

    Multi-Family Res (5+ Units)

    Schools near 21 South Prospect Avenue

    This home is within Maine Township Hsd 207 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Eugene Field Elementary School
    PublicK to 5

    Emerson Middle School
    Public6 to 8

    Maine South High School
    Public9 to 12

    Ralph J Frost Academy
    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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    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.