6002-38 Park Ridge Rd

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

Description

Located on the beautiful Rock River are 2 bldgs w/8 units in each, total of 16 units. Each unit 1960 sq ft! Superior quality, easily rented & managed. Great opportunity for live-in owner or investor. Each unit has 2 bedrooms, bonus room, 2.1 baths & att 2.5 car gar. All appliances plus washer & dryer incld. EASY condo conversion. Addl income from 16 boats slips. Addl PIN 1101177020 SEE! Full Color Brochure Avail.Located on the beautiful Rock River are 2 bldgs w/8 units in each, total of 16 units. Each unit 1960 sq ft! Superior quality, easily rented & managed. Great opportunity for live-in owner or investor. Each unit has 2 bedrooms, bonus room, 2.1 baths & att 2.5 car gar. All appliances plus washer & dryer incld. EASY condo conversion. Addl income from 16 boats slips. Addl PIN 1101177020 SEE! Full Color Brochure Avail.
  1. Listed by Shannon • Baird & Warner
    P: (847)-783-6184 C: (847)-980-8534 realtor62354@yahoo.com;shannon.long@bairdwarner.com

Sold By Amro Real Estate Group LTD

Property Details for 6002-38 Park Ridge Road

Area
Loves Park
Township
ROCKFORD
Num Of Parking Spaces
43.0
Air Conditioning Type
Central Air, Central Individual
Num of Interior Fireplaces
16
Zoning
MULTI
LISTING CLOSED: 09/18/2015 12:00 AM

Property Details for 6002-38 Park Ridge Road

StatusClosed
MLS #08759308
Days on Market234
Taxes$36,801 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Condo/Townhouse
Year Built2005
Lot Size0.56 AC / 24,393 SF
CountyWinnebago County
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Building Information for 6002-38 Park Ridge Road

Stories3Residences16Year Built2005Building Size-Lot Size0.56 AC / 24,393 SF

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Property Information for 6002-38 Park Ridge Road

General Information
Addtl Parking Information
  • Indoor Parking: 31-50 Spaces
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,Show-Call Listing Office
  • Postal Code Plus 4: 4532
Taxes and HOA Information
  • Association Fee Includes: None
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • # Of Washers: 16
  • Basement Description: Slab, None
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 16
  • Washer/Dryer Lsd: No
  • Misc Inside: Other
  • # Of Dryers: 16
  • # Of Disposals: 16
  • # Of Dishwashers: 16
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Balcony/ies,Satellite Dish
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: 7-15 Years
  • Multi-Family Type: Condo/Townhouse
  • Lot Dimensions: 269X270.5X167.2X166.79
  • Stories: 3
  • Exterior Building Type: Concrete, Aluminum Siding, Vinyl Siding
  • Construction: Concrete
  • Roof Type: Composition
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Pitched
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 16
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Condominium
  • Buyer Financing: Conventional, Trade, Other, Negotiable
  • Documents Available: Appraisal,Demographics,Rent Roll,Leases-Copies,Legal-Description,Floor Plans and Specs,Tax Bill,Title Report
  • Green Supporting Documents: N
  • Photos Count: 19
Miscellaneous
  • Land Amenities: Dock-Community,Lighting/Exterior,Sidewalks,Other,Cable Ready
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 04-16-2015
Multi Family
Multi-Family Information
  • Number Of Units Total: 16
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $22,080.00
  • Gross Scheduled Income: $225,800.00
  • Insurance Expense: $5,553.00
  • Maintenance Expense: $2,900.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2013
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 2500
  • Net Operating Income Year: 2013
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 18817
  • Water Expense Source: Actual
  • Net Operating Income: $16,187.00
  • Operating Expense: $63,923.00
  • Other Expense: $12,570.00
  • Trash Expense: $3,600.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 10
  • # Of Rooms - Unit 1: 5
  • # Of Full Bthrms - Type 1: 2.1
  • Monthly Income - 1: 1150
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
  • # Of Rooms - Unit 2: 5
  • # Of Full Bthrms - Type 2: 2.1
  • Monthly Income - 2: 1450
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 3: 5
  • # Of Full Bthrms - Type 3: 2.1
  • Monthly Income - 3: 1100
  • Monthly Income Max - 3: 1100
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 4: 0
  • Monthly Income - 4: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 5: 0
  • Monthly Income - 5: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 6002-38 Park Ridge Road

DateEvent & SourcePriceAppreciation
Sep 18, 2015

Sold

MRED #08759308

$1,625,000
Jun 10, 2015

Pending

MRED #08759308

Oct 20, 2014

Listed (Active)

MRED #08759308

$2,000,000
DateEvent & SourcePrice
09/18/2015

Sold

MRED #08759308

$1,625,000
06/10/2015

Pending

MRED #08759308

10/20/2014

Listed (Active)

MRED #08759308

$2,000,000

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

Schools near 6002-38 Park Ridge Road

This home is within Harlem Ud 122 School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Windsor Elementary School
Public1 to 5

Harlem Middle School
Public6 to 8

Harlem High School
Public9 to 12

Spectrum School
PrivatePK to 8

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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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 04:42 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.