Sold
Last Sold Price
$295,000

3532 Ridge Rd, Lansing, IL 60438

Mixed UseProperty Type
0.21 acresLot Size
1970Year Built
16 carsParking Spaces

Description

Investors Look No Further! Great Location! Charming downtown Lansing. Brick, Multi or Single Use Property. Approximately 16 parking spaces. Commercial spaces avaliable. Massive storage space. One residential tentant occupying 4bdrm/2bath upstairs apartment. (beauty shop plumbing in place if needed) A Must see! Wont last long. Bring your qualified buyers.Investors Look No Further! Great Location! Charming downtown Lansing. Brick, Multi or Single Use Property. Approximately 16 parking spaces. Commercial spaces avaliable. Massive storage space. One residential tentant occupying 4bdrm/2bath upstairs apartment. (beauty shop plumbing in place if needed) A Must see! Wont last long. Bring your qualified buyers.

    Sold By Realty City and Management Company

    • Listed by: Kimberly 312.685.7644 kremmanuel@yahoo.com • TADD Realty
    Listing closed: 10/29/2007 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 06639930
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    Recent comparable sales

    Median sold price

    $225,000

    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
    $353,250 | 1555 Thornton Lansing Road, Lansing, IL 60438
    1/2
    3

    $353,250

    Sold 06/29/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    5.4
    Acres
    a view of a park
    1/23
    4

    $26,700

    Sold 03/24/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    1.75
    Acres
    5

    $26,700

    Sold 03/17/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    1.75
    Acres
    6

    $32,000

    Sold 09/10/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.72
    Acres
    7

    $325,000

    Sold 12/16/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    5,600
    Square Feet
    Unavailable
    Acres
    8

    $64,000

    Sold 07/15/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    9

    $305,000

    Sold 08/19/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    2
    Acres

    Location

    Add your commute
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    OriginPoint Mortgage or Rocket Mortgage1

    $2,554 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $1,575

    Property Taxes

    $979

    HOA Dues

    $0

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    Property Information for 3532 Ridge Road

    Property Details

    • Taxes: $11,748 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: Lansing
    • Num Of Garage Spaces: 0.0
    • Air Conditioning Type: Central Air
    • Zoning: COM

    Building Information

    • Stories: 2
    • Residences: 3
    • Year Built: 1970
    • Lot Size: 0.21 AC / 9,279 SF

    General Information

    Addtl Parking Information
    • Outdoor Parking: 13-18 Spaces
    • Open Parking Spaces: 16.0
    Location and General Information
    • Frontage Type: City Street
    • Geographic Locale: South Suburban
    • Information: Short Notice OK,Show-Call Listing Office,Show-Lock Box
    Taxes and HOA Information
    • Estimated Tax/Sf: 0
    • Additional Parcels: No

    Property Information

    Interior Features
    • Air Conditioning: Central Air
    • Electric: Other
    • Flooring: Carpet, Vinyl, Other
    • Heat/Ventilation: Forced Air,Gas
    • # Of Window/Ac: 2
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 1
    • Misc Outside: Enclosed Porch,Enclosed Stairs,Fire Escape,Handicapped Access
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity, Heat, Insurance
    • Built Before 1978: Yes
    • Approximate Age: 36-50 Years
    • Lot Dimensions: 192X47
    • Lot Size Square Feet: 9279.0
    • Stories: 2
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Tar and Gravel
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • # Of Offices: 0
    • # Of Stores: 2
    Property and Assessments
    • Possible Use: Commercial, Retail
    • Documents Available: Tax Bill
    • Docks: None
    • Photos Count: 1
    • Estimated Cam/Sf: 0
    Miscellaneous
    • Current Use: Commercial
    Virtual Tour/Additional Media
    • Virtual Tour YN: No

    Multi Family

    Multi-Family Information
    • Number Of Units Total: 3
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $42,000.00
    • Gross Scheduled Income: $42,000.00
    • Insurance Expense: $485.00
    • Effective Gross Income: $42,000.00
    • Laundry Income (Annual): 0
    • Annual Misc Income: 0
    • Total Monthly Income: 3500
    • Net Operating Income: $23,702.00
    • Operating Expense: $18,298.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $480.00
    • Annual Parking Income: 0
    Unit 1
    • Unit Type Beds Total: 4
    • Unit Type Type: Unit 1
    Unit 2
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 2
    Unit 3
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7

    Property History for 3532 Ridge Road

    DateEvent & SourcePriceAppreciation
    Dec 3, 2017

    Expired

    MRED #09649347

    $329,000
    —
    Jun 5, 2017

    Listed (Active)

    MRED #09649347

    $339,000
    —
    Apr 6, 2017

    Cancelled

    MRED #09476476

    $360,000
    —
    DateEvent & SourcePrice
    12/03/2017

    Expired

    MRED #09649347

    $329,000
    06/05/2017

    Listed (Active)

    MRED #09649347

    $339,000
    04/06/2017

    Cancelled

    MRED #09476476

    $360,000

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

    Public Records for 3532 Ridge Road

    Taxable Value

    Land

    $3,943

    Additions

    $23,157
    Total$27,100

    Tax Record

    2023

    $13,112 ($1,093 / month)

    Home Facts

    Beds

    4

    Baths

    4.5

    Total Finished SqFt

    4,344 SqFt

    Above Grade Finished SqFt

    4,344 SqFt

    Stories

    2

    Lot Size

    9,278 SqFt

    Style

    Miscellaneous Residential

    Year Built

    1969

    Year Renovated

    1969

    County

    COOK

    APN

    30-32-125-010-0000

    Schools near 3532 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: 3532 Ridge Road, Lansing, IL 60438
    $295,000
    –
    –
    –
    9,279
    –
    4
    3.5
    2,270
    9,286
    –
    –
    –
    –
    8,542
    –
    –
    –
    9,511
    –
    –
    –
    4,695
    9,394
    $103,000
    2
    2
    2,153
    4,372

    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 TADD 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 05/05/2021 04:19 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.