2838 Ridge Road

Lansing, IL 60438

$100,000
Last Sold Price
4
Beds
2
Baths
1,650 Sq. Ft.
$61 / Sq. Ft.
1,650
Sq. Ft.
$61
per Sq. Ft.

Description

Price drop plus $2,000 decorating credit at closing for this as is 2 flat! Great for the handy investor. The 2.5 CAR GARAGE IS VACANT AND CAN BE RENTED OUT FOR MORE INCOME ! Live in one unit and rent out the other and the rental income can pay your mortgage. The 1st floor 2 bedroom with basement is vacant, but needs some work. The 2nd Floor is Month to Month and is Rented @ $795/Month. There are 3 parking spaces and a large Back Yard for tenants to enjoy & 2.5 Garage that can be Rented @ $200+/Month....Price drop plus $2,000 decorating credit at closing for this as is 2 flat! Great for the handy investor. The 2.5 CAR GARAGE IS VACANT AND CAN BE RENTED OUT FOR MORE INCOME ! Live in one unit and rent out the other and the rental income can pay your mortgage. The 1st floor 2 bedroom with basement is vacant, but needs some work. The 2nd Floor is Month to Month and is Rented @ $795/Month. There are 3 parking spaces and a large Back Yard for tenants to enjoy & 2.5 Garage that can be Rented @ $200+/Month. The property is @ 1/2 Block East of Memorial Junior High School on Ridge Road and Just West of the heart of Downtown Lansing. The property is @ 1/2 Block East of Memorial Junior High School on Ridge Road and Just West of the heart of Downtown Lansing $2,000 Earnest Money Required with Approved Contract. Buyers agent to verify all square footage.
  1. Listed by Les Bogs • Bogs Management, Inc.

Sold By Berkshire Hathaway HomeServices Chicago

Property Details for 2838 Ridge Road

Area
Lansing
Township
Thornton
Ownership
Fee Simple
Num Of Garage Spaces
2.5
Num Of Parking Spaces
5.5
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

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LISTING UPDATED: 02/01/2024 01:30 PM

Property Details for 2838 Ridge Road

StatusClosed
MLS #11304933
Days on Market746
Taxes$8,161 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1925
Lot Size0.25 AC / 10,890 SF
CountyCook County

Location

Add your commute

Building Information for 2838 Ridge Road

Stories-Residences2Year Built1925Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$1,226 per month

30 year fixed, 7.25% Interest

Principal and Interest

$546

Property Taxes

$680

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2838 Ridge Road

General Information
School Information
  • Elementary School District: 158
  • Elementary School: Oak Glen Elementary School
  • Jr High Middle School: Memorial Junior High School
  • High School District: 215
  • High School: Thornton Fractnl So High School
  • Middle Or Junior School District: 158
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking Details: Unassigned, Off Street, Visitor Parking
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch, Screened Porch
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 10890 SQFT
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt
  • General Information: None
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 28
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $20,340.00
  • Other Addl Income: Garage/s
  • Net Operating Income: $6,684.00
  • Other Expenses $: 10596
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 00/00
Unit 2
  • Unit Type Actual Rent: $795.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTOM

Property History for 2838 Ridge Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2838 Ridge Road

Taxable ValueLand$4,083Additions$7,943Total$12,026
Tax Record2022$7,816 ($651 / month)
Home Facts
Baths2Total Finished SqFt1,734 SqFtAbove Grade Finished SqFt1,734 SqFtStories2Lot Size10,890 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN30-31-221-044

Schools near 2838 Ridge Road

This home is within Lansing School District 158.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lester Crawl Primary Center
PublicPK to 1

Coolidge Elementary School
PublicK to 5

Memorial Jr High School
Public6 to 8

Thornton Fractnl So High School
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

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bogs Management, Inc.

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. Based on information submitted to the MLS GRID as of 02/01/2024 01:30 PM. 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.