NOT LISTED FOR SALE

6844 S Ridgeland Ave Chicago, IL 60649

South Shore Neighborhood
11 Beds
6 Baths
-- Sq Ft
1920 Built

Last Sold November 18, 2013

Last sale price $280,000

97 Days on Market

About This Home

As of November 2013

Pride of ownerships shows in this outstanding 6-flat. Property features 5-2Br units, and, 1-1Br unit. There is a full, unfinished basement with 2 washers & 2 dryers, and, a 5-car garage. Recent upgrades include new roofs, rear porches, electric service, and, individual heating. Units are spacious, and, feature upgraded kitchens, and, sun rooms. Call for marketing package. 24 hour notice.

Last Agent to Sell the Property

James Tammaro

RE/MAX 10 License #475114220 Listed on: 07/05/2013

RE/MAX 10

Last Buyer's Agent

Micky Cicchinelli

Chicago PM LLC License #471017869

Chicago PM LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Community Details

  • Fuel Expense $1,275
  • Insurance Expense $2,196

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2013
  • Net Oper Income: 39038
  • Repairs Decor Expense: 1200
  • Scavenger Expense: 1020
  • Total Annual Exp: 23062
  • Total Annual Income: 62100
  • Total Monthly Income: 5175
  • Number Of Stories: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Exterior Features

  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heatventilation: Separate Per Unit
  • Water Expense: 800

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 2880
  • Janitor Expense: 2000

Lot Info

  • Lot Dimensions: 50 X 140

Rental Info

  • Gross Rental Income: 5175
  • Tenant Pays: Electric, Heat

Multi Family

  • Fuel Expense: 1275
  • Gross Rent Multiplier: 4.91
  • Insurance Expense: 2196
  • Other Expenses: 10441
  • Number Of Dryers: 2
  • Number Of Washers: 2

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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
11/18/2013 11/18/13 Sold $280,000 -8.2% --
10/10/2013 10/10/13 Pending -- -- --
07/05/2013 07/05/13 For Sale $305,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Tammaro

    Seller's Agent in 2013

    James Tammaro

    RE/MAX 10

    (708) 429-4300

    32 Total Sales

    James Tammaro
    Section Image

  • M

    Buyer's Agent in 2013

    Micky Cicchinelli

    Chicago PM LLC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08386630

Midwest Real Estate Data (MRED)

APN: 20243100200000

Illinois Cook County Chicago 60649 South Shore

6844 S Ridgeland Ave, Chicago, IL

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