NOT LISTED FOR SALE

10650 Central Ave Chicago Ridge, IL 60415

10 Beds
5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold September 19, 2019

Last sale price $450,000

2 Days on Market

About This Home

As of September 2019

Great investment opportunity with this well maintained 5-unit building. Roof is less than 10 years old. Newer windows & Doors. Coin-op washer and dryer on site. Building occupied with longtime tenants. Each unit has a storage locker. The building is all electric and tenants pay their own utilities.

Last Agent to Sell the Property

Matthew Ward

United Real Estate - Chicago License #475174428 Listed on: 06/30/2019

United Real Estate - Chicago

Last Buyer's Agent

Ernani Szinavel

Charles Rutenberg Realty of IL License #475154979

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Year Built

  • 1974

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Community Details

  • Insurance Expense $1,500

Listing and Financial Details

  • Tenant pays for air conditioning, electric
  • $24,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2018
  • Net Oper Income: 36381
  • Outdoor Parking: 1-5 Spaces
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Total Annual Exp: 19419
  • Total Annual Income: 55800
  • Total Monthly Income: 4650
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Window A C: 5
  • Number Of Stories: 3
  • Estimated Year Built: 1974
  • Type Multi Family: Corridor-Interior Entrance, Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1974

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.14
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Electric

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electrical Service: Circuit Breakers, Over 600 Amps

Lot Info

  • Lot Dimensions: 49 X 126
  • Lot Sq Ft: 6196
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 24172090170000

Rental Info

  • Gross Rental Income: 55800
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2018
  • Insurance Expense: 1500
  • Other Expenses: 3780
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 14139

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2019 09/19/19 Sold $450,000 0.0% --
07/02/2019 07/02/19 Pending -- -- --
06/30/2019 06/30/19 For Sale $450,000 +12.5% --
08/26/2015 08/26/15 Sold $400,000 -11.1% -- View Prior Sale
07/13/2015 07/13/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $450,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Matthew Ward

    United Real Estate - Chicago

    (773) 255-6059

    6 Total Sales

    Matthew Ward
    Section Image
  • Ernani Szinavel

    Buyer's Agent in 2019

    Ernani Szinavel

    Charles Rutenberg Realty of IL

    (708) 790-9070

    3 Total Sales

    Ernani Szinavel
    Section Image

  • M

    Seller's Agent in 2015

    Marjory Dore

    Baird & Warner

    Section Image

  • P

    Seller Co-Listing Agent in 2015

    Phil Dore

    Baird & Warner

    Section Image

  • m

    Buyer's Agent in 2015

    matthew smarjesse

    Agglomerate, LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10435210

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

10650 Central Ave, Chicago Ridge, IL

This home is located at 10650 Central Ave, Chicago Ridge, IL 60415 since 30 June 2019. This property was built in 1974. 10650 Central Ave is a home located in Cook County with nearby schools including Ridge Lawn Elementary School, Elden D Finley Jr High School, and Harold L. Richards High School.

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