Sold
Last Sold Price
14 beds
5730 Ridgemont Ln, Chicago Ridge, IL 60415
Multi FamilyProperty Type
10,830 sq ftLot Size
1979Year Built
10 carsParking Spaces

Description

Rare Chicago Ridge 7 unit building fully occupied on 10,000+ square foot lot. The only building in the area that has a 2.5 car detached garage (new) and a fenced back yard. Full basement with laundry facilities and storage lockers! Excellent opportunity for owner occupied. All units feature 2 bedrooms.Rare Chicago Ridge 7 unit building fully occupied on 10,000+ square foot lot. The only building in the area that has a 2.5 car detached garage (new) and a fenced back yard. Full basement with laundry facilities and storage lockers! Excellent opportunity for owner occupied. All units feature 2 bedrooms.

    Sold By HOME MAX Properties

    • Listed by: John 708.772.5668 jssb@comcast.net • Century 21 Ham & Associates
    Listing closed: 05/13/2016 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09034887

    Location

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    Principal and Interest

    $2,364

    Property Taxes

    $1,115

    HOA Dues

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    Property Information for 5730 Ridgemont Lane

    Property Details
    • Taxes: $13,385 / year
    • MLS Type: Multi Family 5+ / Flats
    • County: Cook County
    • Area: Chicago Ridge
    • Township: WORTH
    • Air Conditioning Type: Wall Sleeve
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 7
    • Year Built: 1979
    • Lot Size: 0.25 AC / 10,830 SF
    General Information
    Addtl Parking Information
    • Indoor Parking: 1-5 Spaces
    • Outdoor Parking: 6-12 Spaces
    • Open Parking Spaces: 10.0
    Location and General Information
    • Information: 24-Hr Notice Required,Show-Call Listing Office
    Taxes and HOA Information
    • Association Fee Includes: None
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Wall Sleeve
    • Electric: Circuit Breakers, Service - 0 to 100 Amps
    • # Of Washers: 2
    • Basement Description: Finished
    • Heat/Ventilation: Hot Water
    • # Of Window/Ac: 14
    • # Of Refrigerators: 7
    • Washer/Dryer Lsd: No
    • Misc Inside: Storage Inside
    • # Of Dryers: 2
    • Num of Baths: 7.0
    Exterior Features
    • Misc Outside: Balcony/ies,Courtyard,Enclosed Stairs,Satellite Dish,Security Lighting,Security System,Storms and Screens (as exist)
    Utilities / Equipment
    • Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity
    • Built Before 1978: No
    • Approximate Age: 26-35 Years
    • Multi-Family Type: Flats
    • Lot Dimensions: 10,830
    • Lot Size Square Feet: 10830.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Membrane
    • Roof Structure: Flat
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 7068
    • # Of Ranges: 7
    • MRD_UNC: No
    Property and Assessments
    • Buyer Financing: Conventional, FHA, VA
    • Documents Available: Rent Roll,Tax Bill
    • Photos Count: 18
    Miscellaneous
    • Land Amenities: Children's Play Yard,Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks,Cable Ready
    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: $500.00
    • Fuel Expense: $3,600.00
    • Gross Income: $70,320.00
    • Gross Scheduled Income: $70,320.00
    • Insurance Expense: $2,000.00
    • Maintenance Expense: $.00
    • Electric Expense Source: Broker Projection
    • Expense Year: 2014
    • Total Annual Expense Source: Owner Projection
    • Fuel Expense Source: Broker Projection
    • Insurance Expense Source: Broker Projection
    • Janitor Expense: 1500
    • Net Operating Income Year: 2014
    • Other Expense Source: Broker Projection
    • Repairs-Decor Expense Source: Broker Projection
    • Trash Expense Source: Broker Projection
    • Total Monthly Income: 5860
    • Water Expense Source: Broker Projection
    • Net Operating Income: $46,993.00
    • Operating Expense: $23,327.00
    • Other Expense: $.00
    • Trash Expense: $800.00
    • Water Sewer Expense: $2,000.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 7
    Unit 2
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 0
    Unit 3
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 0
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 5730 Ridgemont Lane

    DateEvent & SourcePriceAppreciation
    May 13, 2016

    Sold

    MRED #09034887

    $465,000
    May 10, 2016

    Sold (Public Record)

    Public Record #573125453

    $465,000
    Mar 15, 2016

    Pending

    MRED #09034887

    DateEvent & SourcePrice
    05/13/2016

    Sold

    MRED #09034887

    $465,000
    05/10/2016

    Sold (Public Record)

    Public Record #573125453

    $465,000
    03/15/2016

    Pending

    MRED #09034887

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

    Public Records for 5730 Ridgemont Lane

    Taxable ValueLand$10,018Additions$54,982Total$65,000
    Tax Record2023$21,082 ($1,757 / month)
    Home Facts
    Baths7Total Finished SqFt7,068 SqFtAbove Grade Finished SqFt7,068 SqFtStories3Lot Size10,830 SqFtStyleMulti-Family Res (5+ Units)Year Built1978CountyCOOKAPN24-17-221-005

    Schools near 5730 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.

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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.

    Listing Courtesy of Century 21 Ham & Associates

    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 04:44 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.