Closed
Last Sold Price
$60,000

3414 Ridge Rd, Lansing, IL 60438

Mixed UseProperty Type
0.05 acresLot Size
1950Year Built

Description

Bank owned foreclosure to be sold as-is no repairs no warranties. 100% tax prorations,no survey. Proof of funds or pre approval must be submitted with all offers. Buyer responsible for any inspections needed. Great income potential on this 2 unit building in lansing business district. Corner building. One unit vacant the other occupied long time tenant. Tenants pay electric,gas and garbage pickup. Owner pays water.Bank owned foreclosure to be sold as-is no repairs no warranties. 100% tax prorations,no survey. Proof of funds or pre approval must be submitted with all offers. Buyer responsible for any inspections needed. Great income potential on this 2 unit building in lansing business district. Corner building. One unit vacant the other occupied long time tenant. Tenants pay electric,gas and garbage pickup. Owner pays water.

    Sold By Baird & Warner

    • Listed by: Mark 630.774.9889 mark.dicken@krkjselectrealty.com • Baird & Warner
    Listing closed: 09/27/2012 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08083534
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    Recent comparable sales

    Median sold price

    $66,000

    Avg days on market

    143

    Sale-to-list ratio

    78.9%

    Lansing, IL

    9 comparable properties found

    $265,000 | 2513 Ridge Road, Lansing, IL 60438
    1/27
    1

    $265,000

    Sold 02/25/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.17
    Acres
    a car parked in front of a house
    1/9
    2

    $220,000

    Sold 03/24/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.17
    Acres
    3

    $64,000

    Sold 07/15/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    4

    $32,000

    Sold 09/10/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.72
    Acres
    a view of a park
    1/23
    5

    $26,700

    Sold 03/24/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    1.75
    Acres
    6

    $26,700

    Sold 03/17/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    1.75
    Acres
    7

    $66,000

    Sold 05/07/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    644
    Square Feet
    Unavailable
    Acres
    $353,250 | 1555 Thornton Lansing Road, Lansing, IL 60438
    1/2
    8

    $353,250

    Sold 06/29/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    5.4
    Acres
    9

    $65,000

    Sold 07/14/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.15
    Acres

    Location

    Add your commute
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    OriginPoint Mortgage or Rocket Mortgage1

    $1,141 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $320

    Property Taxes

    $820

    HOA Dues

    $0

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    Property Information for 3414 Ridge Road

    Property Details

    • Taxes: $9,843 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: Lansing
    • Township: THORNTON
    • Air Conditioning Type: Central Air
    • Zoning: COMMR

    Building Information

    • Stories: 1
    • Residences: 2
    • Year Built: 1950
    • Lot Size: 0.05 AC / 2,008 SF

    General Information

    Addtl Parking Information
    • Open Parking Spaces: 0.0
    Location and General Information
    • Frontage Type: City Street
    • Geographic Locale: South Suburban
    • Information: Show-Special Instructions,REO/Lender Owned
    Taxes and HOA Information
    • Additional Parcels: Yes

    Property Information

    Interior Features
    • Air Conditioning: Central Air
    • Electric: Circuit Breakers, Separate Meters
    • Flooring: Carpet, Tile
    • Heat/Ventilation: Forced Air,Gas
    • Misc Inside: Private Restroom/s
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 0
    • Water Drainage: Storm Sewers
    • Misc Outside: Handicapped Access,Security System
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Community
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger
    • Built Before 1978: Yes
    • Approximate Age: 36-50 Years
    • Lot Dimensions: 43X62X77X63
    • Lot Size Square Feet: 2008.0
    • Stories: 1
    • Exterior Building Type: Brick, Block
    • Construction: Brick, Block
    • Fire Protection: Other
    • Roof Structure: Flat
    • Building Area Total: 3400
    • # Of Offices: 0
    • # Of Stores: 0
    Property and Assessments
    • Possible Use: Commercial
    • Buyer Financing: Conventional, Cash
    • Docks: None
    • Photos Count: 1
    Miscellaneous
    • Current Use: Commercial
    • Location: Central Business District,Corner
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No

    Multi Family

    Multi-Family Information
    • Number Of Units Total: 2
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $.00
    • Total Monthly Income: 1200
    • Net Operating Income: $.00
    • Operating Expense: $.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 3414 Ridge Road

    DateEvent & SourcePriceAppreciation
    Sep 27, 2012

    Sold

    MRED #08083534

    $60,000
    —
    Sep 12, 2012

    Sold (Public Record)

    Public Record #340551292

    $60,000

    -19.4% / yr

    Sep 5, 2012

    Pending

    MRED #08083534

    —
    —
    DateEvent & SourcePrice
    09/27/2012

    Sold

    MRED #08083534

    $60,000
    09/12/2012

    Sold (Public Record)

    Public Record #340551292

    $60,000

    -19.4% / yr

    09/05/2012

    Pending

    MRED #08083534

    —

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

    Public Records for 3414 Ridge Road

    Taxable Value

    Land

    -

    Additions

    -
    Total-

    Tax Record

    2021

    $19,481 ($1,623 / month)

    Home Facts

    Stories

    1

    Lot Size

    2,008 SqFt

    Style

    Governmental / Public Use

    Year Built

    1949

    Year Renovated

    1949

    County

    COOK

    APN

    30-32-124-031-0000

    Schools near 3414 Ridge Road

    This home is within Lansing School District 158.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 1
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Lester Crawl Primary Center
    PublicPK to 1

    Coolidge Elementary School
    PublicK to 5

    Memorial Jr High School
    Public6 to 8

    Thornton Fractional South High School
    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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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 3414 Ridge Road, Lansing, IL 60438
    $60,000
    –
    –
    –
    2,008
    $300,000
    –
    –
    2,200
    –
    $250,000
    –
    –
    1,205
    –
    –
    –
    1.5
    1,482
    7,167
    –
    –
    –
    –
    –
    $360,000
    3
    –
    3,484

    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 Baird & Warner

    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 05/05/2021 04:34 AM. 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.