Sold
Last Sold Price
11 beds
7049 99th St, Chicago Ridge, IL 60415
Multi FamilyProperty Type
7,956 sq ftLot Size
1972Year Built
14 carsParking Spaces

Description

Well maintained, all brick 6 unit building with long term tenants. Each unit has ts own stove, fridge, separate gas meter for cooking gas, and AC. 14 parking Owned coin washer & dryer. Tenants only pay electricity and cooking gas. Fantastic opportunity with growth potential!Well maintained, all brick 6 unit building with long term tenants. Each unit has ts own stove, fridge, separate gas meter for cooking gas, and AC. 14 parking Owned coin washer & dryer. Tenants only pay electricity and cooking gas. Fantastic opportunity with growth potential!

    Sold By KMS Realty, Inc.

    • Listed by: Dave Shalabi 708.429.4300 daveshalabi@gmail.com • RE/MAX Synergy
    Listing closed: 11/23/2020 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10887817

    Location

    Add your commute

    Payment Calculator

    Get preapproved with
    OriginPoint Mortgage or Rocket Mortgage1

    $3,999 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $2,643

    Property Taxes

    $1,356

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 7049 99th Street

    Property Details
    • Taxes: $16,276 / year
    • MLS Type: Multi Family 5+ / Flats
    • County: Cook County
    • Area: Chicago Ridge
    • Township: Worth
    • Air Conditioning Type: Window Unit(s)
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 6
    • Year Built: 1972
    • Lot Size: 0.18 AC / 7,956 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    Location and General Information
    • Frontage Type: City Street, Public Road
    • Information: None
    Taxes and HOA Information
    • Association Fee Includes: None
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • Electric: Circuit Breakers, Service - 101 to 200 Amps
    • # Of Washers: 1
    • Heat/Ventilation: Gas,Hot Water
    • # Of Window/Ac: 6
    • # Of Refrigerators: 6
    • Washer/Dryer Lsd: No
    • # Of Dryers: 1
    • Num of Baths: 0.0
    Exterior Features
    • Misc Outside: Balcony/ies,Satellite Dish
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Air Conditioning, Electricity, Other
    • Built Before 1978: Yes
    • Approximate Age: 36-50 Years
    • Multi-Family Type: Flats
    • Lot Dimensions: 78X102
    • Lot Size Square Feet: 7956.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Composition
    • Fire Protection: Fire Extinguisher/s
    • Roof Structure: Pitched
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 6078
    • # Of Ranges: 6
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Multi-Family
    • Public Document Count: 1
    • Document Date: 2020-10-08T17:11:46
    • Photos Count: 5
    Miscellaneous
    • Current Use: Multi-Family
    • Land Amenities: Curbs and Gutters,Sidewalks
    Virtual Tour/Additional Media
    • Virtual Tour: Image360
    • Virtual Tour YN: Yes
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 6
    Income & Expenses
    • Electric Expense: $1,440.00
    • Fuel Expense: $4,080.00
    • Gross Income: $65,160.00
    • Gross Scheduled Income: $65,160.00
    • Insurance Expense: $3,600.00
    • Maintenance Expense: $1,200.00
    • Electric Expense Source: Owner Projection
    • Known Encumbrances: First Mortgage
    • Expense Year: 2019
    • Total Annual Expense Source: Owner Projection
    • Fuel Expense Source: Owner Projection
    • Insurance Expense Source: Owner Projection
    • Janitor Expense: 0
    • Net Operating Income Year: 2019
    • Other Expense Source: Owner Projection
    • Repairs-Decor Expense Source: Owner Projection
    • Trash Expense Source: Owner Projection
    • Total Monthly Income: 5050
    • Water Expense Source: Owner Projection
    • Net Operating Income: $35,864.00
    • Operating Expense: $29,296.00
    • Other Expense: $1,200.00
    • Trash Expense: $960.00
    • Water Sewer Expense: $5,340.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 1: 4
    • # Of Full Bthrms - Type 1: 1
    • Monthly Income - 1: 750
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 5
    • # Of Rooms - Unit 2: 5
    • # Of Full Bthrms - Type 2: 1
    • Monthly Income - 2: 800
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 3: 0
    • # Of Full Bthrms - Type 3: 1
    • Monthly Income - 3: 0
    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 7049 99th Street

    DateEvent & SourcePriceAppreciation
    Nov 23, 2020

    Sold

    MRED #10887817

    $520,000
    Nov 19, 2020

    Sold (Public Record)

    Public Record #688160293

    $520,000

    +4.3% / yr

    Oct 13, 2020

    Pending

    MRED #10887817

    DateEvent & SourcePrice
    11/23/2020

    Sold

    MRED #10887817

    $520,000
    11/19/2020

    Sold (Public Record)

    Public Record #688160293

    $520,000

    +4.3% / yr

    10/13/2020

    Pending

    MRED #10887817

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

    Public Records for 7049 99th Street

    Taxable ValueLand$4,973Additions$52,028Total$57,001
    Tax Record2023$17,575 ($1,465 / month)
    Home Facts
    Baths6Total Finished SqFt6,078 SqFtAbove Grade Finished SqFt6,078 SqFtStories3Lot Size7,956 SqFtStyleMulti-Family Res (5+ Units)Year Built1971CountyCOOKAPN24-07-300-011

    Schools near 7049 99th Street

    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
    Ernest F Kolb Elementary School
    PublicPK to 5

    Simmons Middle 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.

    Similar Homes

    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 RE/MAX Synergy

    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 10:07 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.