5719 Ridgemont Ln

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity to own this all brick 6 unit building-each unit includes 2 bedrooms, 1 bathroom, living room, dining room, kitchen, and balcony-brand new fire alarm system installed 1 year old-completely remodeled beautiful basement unit-4 units have newer carpeting-each unit includes 1 storage bin in the basement-spacious parking lot in the back of the building-walking distance to richards high school-conveniently located near shopping-property sold as-is.Great investment opportunity to own this all brick 6 unit building-each unit includes 2 bedrooms, 1 bathroom, living room, dining room, kitchen, and balcony-brand new fire alarm system installed 1 year old-completely remodeled beautiful basement unit-4 units have newer carpeting-each unit includes 1 storage bin in the basement-spacious parking lot in the back of the building-walking distance to richards high school-conveniently located near shopping-property sold as-is.

    Sold By RE/MAX 10

    Property Details for 5719 Ridgemont Lane

    Area
    Chicago Ridge
    Township
    Worth
    Num Of Parking Spaces
    12.0
    Air Conditioning Type
    Window Unit(s)
    Zoning
    MULTI
    LISTING CLOSED: 06/06/2023 12:00 AM

    Property Details for 5719 Ridgemont Lane

    StatusClosed
    MLS #11765303
    Days on Market6
    Taxes$18,433 / year
    HOA Fees-
    Condo/Co-op Fees-
    Property TypeMulti Family
    MLS TypeMulti Family 5+ / Condo/Townhouse
    Year Built1979
    Lot Size0.22 AC / 9,583 SF
    CountyCook County
    Add your commute

    Building Information for 5719 Ridgemont Lane

    Stories3Residences6Year Built1979Building Size-Lot Size0.22 AC / 9,583 SF

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    OriginPoint Mortgage or Rocket Mortgage1

    $4,795 per month

    30 year fixed, 6.36% Interest

    Principal and Interest

    $3,259

    Property Taxes

    $1,536

    HOA Dues

    $0

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    Property Information for 5719 Ridgemont Lane

    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    Location and General Information
    • Information: None
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • Electric: Circuit Breakers
    • Basement Description: Finished, Egress Window
    • Heat/Ventilation: Hot Water,Baseboard
    • # Of Refrigerators: 5
    • Washer/Dryer Lsd: No
    • Num of Baths: 7.0
    Exterior Features
    • Building Unit Info: Smoke/Alarm Detector,Storage/Locker Area
    • Misc Outside: Balcony/ies
    Property/Lot Information
    • Tenant Pays: Electricity
    • Built Before 1978: No
    • Approximate Age: 36-50 Years
    • Multi-Family Type: Condo/Townhouse
    • Lot Dimensions: 75X128X74X128
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Structure: Pitched
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 7068
    • # Of Ranges: 6
    Property and Assessments
    • Possible Use: Multi-Family
    • Buyer Financing: Conventional
    • Public Document Count: 1
    • Document Date: 2023-04-22T14:32:10
    • Photos Count: 15
    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: $2,000.00
    • Fuel Expense: $6,000.00
    • Gross Income: $88,800.00
    • Gross Scheduled Income: $28,967.00
    • Insurance Expense: $2,676.00
    • Maintenance Expense: $5,000.00
    • Expense Year: 2022
    • Janitor Expense: 0
    • Total Monthly Income: 7400
    • Net Operating Income: $41,515.00
    • Operating Expense: $47,284.00
    • Other Expense: $.00
    • Trash Expense: $3,240.00
    • Water Sewer Expense: $9,936.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 1
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    Unit 4
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 1
    Unit 5
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 1
    Unit 6
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 1
    Unit 7
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 1

    Property History for 5719 Ridgemont Lane

    DateEvent & SourcePriceAppreciation
    Jun 6, 2023

    Sold

    MRED #11765303

    $654,000
    May 6, 2023

    Sold (Public Record)

    Public Record #1512971100

    $654,000

    +1.8% / yr

    Apr 26, 2023

    Pending

    MRED #11765303

    DateEvent & SourcePrice
    06/06/2023

    Sold

    MRED #11765303

    $654,000
    05/06/2023

    Sold (Public Record)

    Public Record #1512971100

    $654,000

    +1.8% / yr

    04/26/2023

    Pending

    MRED #11765303

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

    Public Records for 5719 Ridgemont Lane

    Taxable ValueLand$8,949Additions$55,051Total$64,000
    Tax Record2023$20,758 ($1,730 / month)
    Home Facts
    Baths7Total Finished SqFt7,068 SqFtAbove Grade Finished SqFt7,068 SqFtStories3Lot Size9,675 SqFtStyleMulti-Family Res (5+ Units)Year Built1978CountyCOOKAPN24-17-220-022

    Schools near 5719 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

    H L Richards High Sch(Campus)
    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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    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.

    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 06/06/2023 02:50 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.