NOT LISTED FOR SALE

10348 Austin Ave Chicago Ridge, IL 60415

8 Beds
5 Baths
-- Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: February 11, 2022

Last sale price $515,000

12 Days on Market

Highlights

  • Multiple Garages
  • 2 Car Detached Garage
  • Heating System Uses Natural Gas

About This Home

As of February 2022

3 flat Building Located in Chicago Ridge, IL. Priced at 6% Cap rate on return of investment, it is a great investment opportunity With a longterm Tenants. Each Floor has its own Heat/Gas unit. Only the 3rd unit will be available for showing, 1st & 2nd will be shown at the time of inspection after an accepted offer. Garage is currently being use as a storage for the seller, will be cleaned out.

Last Agent to Sell the Property

Ala Alnahhas

Re/Max Millennium License #475188378 Listed on: 12/07/2021

Re/Max Millennium

Last Buyer's Agent

Paulina Bachleda-Kubanska

Re/Max Millennium License #475176028

Re/Max Millennium

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,006

Year Built

  • Built in 1975

Lot Details

  • 6,970

Parking

  • 2 Car Detached Garage
  • Multiple Garages
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Schools

  • Ridge Central Elementary School
  • Elden D Finley Junior High Schoo

Additional Features

  • Basement Fills Entire Space Under The House
  • 6,970 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $48,000
  • Net Operating Income $31,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,006

Year Built

Built in 1975

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Other
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • Foundation Details: Brick/Mortar
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 10
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Schools

  • Elementary School: Ridge Central Elementary School
  • Middle/Junior School: Elden D Finley Junior High Schoo
  • Elementary School #2: Ridge Lawn Elementary School

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 7049
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 31364
  • GrossIncome: 48000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 10006.39
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $515,000 -1.9% --
12/20/2021 12/20/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $525,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,568 $48,000 $6,520 $41,480
2024 $15,568 $48,000 $6,520 $41,480
2023 $10,587 $48,000 $6,520 $41,480
2022 $10,587 $27,022 $5,639 $21,383
2021 $10,131 $27,022 $5,639 $21,383
2020 $10,006 $27,022 $5,639 $21,383
2019 $10,384 $26,593 $5,110 $21,483
2018 $9,874 $26,593 $5,110 $21,483
2017 $9,891 $26,593 $5,110 $21,483
2016 $8,877 $22,253 $4,229 $18,024
2015 $8,708 $22,253 $4,229 $18,024
2014 $7,544 $22,253 $4,229 $18,024
2013 $7,003 $22,721 $4,229 $18,492
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11256924

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago Ridge 60415

10348 Austin Ave, Chicago Ridge, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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