5730 Ridgemont Ln

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

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.
  1. Listed by John • Century 21 Ham & Associates
    P: (708)-772-5668 C: (708)-772-5668 jssb@comcast.net

Sold By HOME MAX Properties

Property Details for 5730 Ridgemont Lane

Area
Chicago Ridge
Township
WORTH
Air Conditioning Type
Wall Sleeve
Zoning
MULTI
LISTING CLOSED: 05/13/2016 12:00 AM

Property Details for 5730 Ridgemont Lane

StatusClosed
MLS #09034887
Days on Market188
Taxes$13,385 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1979
Lot Size0.25 AC / 10,830 SF
CountyCook County
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Building Information for 5730 Ridgemont Lane

Stories3Residences7Year Built1979Building Size-Lot Size0.25 AC / 10,830 SF

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Principal and Interest

$2,317

Property Taxes

$1,115

HOA Dues

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Property Information for 5730 Ridgemont Lane

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

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.

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.