Sold
Last Sold Price
13 beds
7237-39 N Ridge Blvd, Chicago, IL 60645
Multi FamilyProperty Type
0.19 acresLot Size
1965Year Built

Description

Brick 9-unit value add cosmetic rehab opportunity in hot E. Rogers Park. There are 6:1ba/1ba, 2:2bd/1ba and 1:3bd/2.1ba townhouse unit custom built in 1965 along with 6 parking spaces. Units need kitchen and bath rehab that could raise rents by 30-50%. Walk-to-everything location - 3 blocks to Uno Charter School, 3 blocks to Metra and 4 blocks to Western Ave. or Clark St. shopping, restaurants and nightlife.Brick 9-unit value add cosmetic rehab opportunity in hot E. Rogers Park. There are 6:1ba/1ba, 2:2bd/1ba and 1:3bd/2.1ba townhouse unit custom built in 1965 along with 6 parking spaces. Units need kitchen and bath rehab that could raise rents by 30-50%. Walk-to-everything location - 3 blocks to Uno Charter School, 3 blocks to Metra and 4 blocks to Western Ave. or Clark St. shopping, restaurants and nightlife.

Listing Agent

  1. Rich Aronson

    Rich Aronson

    Listing Agent

    RE/MAX NorthCoast

    rich.aronson@compass.com

    P: (773) 294-8888

    M: (773) 294-8888

Sold By RE/MAX Premier

Listing closed: 06/03/2016 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09151889

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Recent comparable sales

Median sold price

$905,000

Avg days on market

39

Sale-to-list ratio

90.6%

Chicago, IL

9 comparable properties found

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Location

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Property Information for 7237-39 North Ridge Boulevard

Property Details
  • Taxes: $10,048 / year
  • MLS Type: Multi Family 5+ / Multi Family 5+-Other
  • County: Cook County
  • Area: CHI - Rogers Park
  • Township: ROGERS PARK
  • Air Conditioning Type: Wall Sleeve
  • Num of Interior Fireplaces: 2
  • Zoning: MULTI
Building Information
  • Stories: 2
  • Residences: 9
  • Year Built: 1965
  • Lot Size: 0.19 AC / 8,100 SF
General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,Listing Agent Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: Sub-Basement, Exterior Entry
  • Air Conditioning: Wall Sleeve
  • # Of Washers: 1
  • Heat/Ventilation: Central Bldg Heat,Hot Water,Baseboard
  • # Of Window/Ac: 14
  • # Of Refrigerators: 10
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside
  • # Of Dryers: 1
  • # Of Dishwashers: 1
  • Num of Baths: 10.1
Exterior Features
  • Misc Outside: Patio,Security Gate,Security Lighting,Storms and Screens (as exist)
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 50X162
  • Lot Size Square Feet: 8100.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Membrane, Rubber
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 10
  • MRD_UNC: No
Property and Assessments
  • Photos Count: 1
Miscellaneous
  • Land Amenities: Sidewalks,Cable Ready
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Electric Expense: $28.00
  • Fuel Expense: $10,000.00
  • Gross Income: $87,500.00
  • Gross Scheduled Income: $87,500.00
  • Insurance Expense: $4,898.00
  • Maintenance Expense: $1,981.00
  • Electric Expense Source: Actual
  • Expense Year: 2015
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 475
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 7290
  • Water Expense Source: Actual
  • Net Operating Income: $47,500.00
  • Operating Expense: $40,000.00
  • Other Expense: $.00
  • Trash Expense: $2,588.00
  • Water Sewer Expense: $9,293.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 2
  • 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 7237-39 North Ridge Boulevard

DateEvent & SourcePriceAppreciation
Jun 3, 2016

Sold

MRED #09151889

$770,000—
Apr 8, 2016

Pending

MRED #09151889

—
Mar 1, 2016

Listed (Active)

MRED #09151889

$949,900—
DateEvent & SourcePrice
06/03/2016

Sold

MRED #09151889

$770,000
04/08/2016

Pending

MRED #09151889

—
03/01/2016

Listed (Active)

MRED #09151889

$949,900

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

Public Records for 7237-39 North Ridge Boulevard

Taxable ValueLand$11,929Additions$45,041Total$56,970
Tax Record2019$11,446 ($954 / month)
Home Facts
Stories2Lot Size8,088 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyCOOKAPN11-30-323-006

Schools near 7237-39 North Ridge Boulevard

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Charter - K to 12
Public - 9 to 12
Charter - 6 to 12
Public - K to 8
Rating
School
Distance
Sullivan High School
Public9 to 12

Chicago Math & Sci Elementary Charter
Charter6 to 12

Decatur Classical Elementary School
PublicK 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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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 NorthCoast

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.