Marc Whitley
Coldwell Banker Realty
(773) 570-1476
50 Total Sales
1 in Chicago Ridge
$160,000 Price
5713 W 106th St Chicago Ridge, IL 60415
Chicago Ridge Area
12
Beds
6
Baths
5,985
Sq Ft
838
Acre Lot
Highlights
- 838 Acre Lot
- Central Heating
- Baseboard Heating
About This Home
As of November 2024Welcome to a fantastic investment opportunity! This newer 6-flat building features exclusively 2-bedroom units. Rehabilitated just 10 years ago, the property remains in excellent condition, ensuring low maintenance costs. Currently fully rented, this building promises a steady income stream from day one. Don't miss out on this turnkey investment - seize the chance to add a reliable asset to your portfolio today!
Last Agent to Sell the Property
RE/MAX Mi Casa License #475122116 Listed on: 09/24/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,431
Year Built
- Built in 1979
Lot Details
- 838 Acre Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,985 Sq Ft Home
- 3-Story Property
- Partially Finished Basement
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $731
- Fuel Expense $3,981
- Insurance Expense $2,540
- Trash Expense $1,748
- Water Sewer Expense $4,411
- Operating Expense $28,842
- Gross Income $93,804
- Net Operating Income $64,962
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Nov 7, 2024
Sold by
Bought by
Seller's Agent
Maria Castillo
RE/MAX Mi Casa
Buyer's Agent
Oleg Baliuk
KOMAR
List Price
$785,000
Sold Price
$850,000
Premium/Discount to List
$65,000
8.28%
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,560
Outstanding Balance
$482,866
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,850,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chicago Ridge, IL
-
Marc Whitley
-
Lena Matariyeh
Lena Matariyeh
Village Realty, Inc.
(708) 729-6011
137 Total Sales
2 in Chicago Ridge
$117K - $228K Price Range
-
Jose Morales
Jose Morales
RE/MAX 10
(844) 771-7862
72 Total Sales
2 in Chicago Ridge
$175K - $186K Price Range
-
Oscar Arteaga
Oscar Arteaga
Keller Williams Infinity
(773) 694-4311
77 Total Sales
2 in Chicago Ridge
$406K - $485K Price Range
-
Molly Mann
Molly Mann
Responds Quickly@properties Christie's International Real Estate
(224) 271-9093
205 Total Sales
2 in Chicago Ridge
$90K - $325K Price Range
-
Kara Moll
Kara Moll
Keller Williams ONEChicago
(708) 401-6516
147 Total Sales
1 in Chicago Ridge
$140,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $850,000 | Fidelity National Title | ||
| $505,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $552,560 | ||
| Previous Owner | $5,850,000 |
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 |
|---|---|---|---|---|
| 11/12/2024 11/12/24 | Off Market | $850,000 | -- | -- |
| 11/07/2024 11/07/24 | Sold | $850,000 | +8.3% | $142 / Sq Ft |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | For Sale | $785,000 | -- | $131 / Sq Ft |
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 | $19,055 | $58,748 | $7,756 | $50,992 |
| 2024 | $19,055 | $58,748 | $7,756 | $50,992 |
| 2023 | $15,432 | $58,748 | $7,756 | $50,992 |
| 2022 | $15,432 | $39,386 | $6,708 | $32,678 |
| 2021 | $14,766 | $39,386 | $6,708 | $32,678 |
| 2020 | $14,585 | $39,386 | $6,708 | $32,678 |
| 2019 | $15,508 | $39,715 | $6,079 | $33,636 |
| 2018 | $14,747 | $39,715 | $6,079 | $33,636 |
| 2017 | $14,772 | $39,715 | $6,079 | $33,636 |
| 2016 | $12,464 | $31,245 | $5,031 | $26,214 |
| 2015 | $12,227 | $31,245 | $5,031 | $26,214 |
| 2014 | $13,288 | $34,674 | $5,031 | $29,643 |
| 2013 | $12,289 | $35,255 | $5,031 | $30,224 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Castillo
Seller's Agent in 2024
Maria Castillo
RE/MAX
(773) 251-0325
263 Total Sales
-
Oleg Baliuk
Buyer's Agent in 2024
Oleg Baliuk
KOMAR
(312) 900-9797
262 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12168667
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.
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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