NOT LISTED FOR SALE
11 Beds
6 Baths
6,078 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: October 29, 2021

Last sale price $546,000 $90 Per Sq Ft

4 Days on Market

Highlights

  • Storage Room
  • Baseboard Heating
  • 1-minute walk to Oconnell Tot Lot

About This Home

As of October 2021

Great investment opportunity! Chicago Ridge, IL - 6 flat (6 Unit Apartment Building with Balconies)Brick - located on quiet street. This building offers. 5 UNITS with 2 Bed/1Bath and the 6th UNIT is a 1 Bed/1 Bath. ALL UNITS ARE RENTED. Tenants pays electric. Convenient location, walking distance to Walmart, Peet's Market, parks, fitness center and transportation, easy access to I-294.

Last Agent to Sell the Property

Bernadeta Siek

Charles Rutenberg Realty Listed on: 10/04/2021

Charles Rutenberg Realty

Last Buyer's Agent

Malgorzata Gornik

Goral Real Estate Inc. License #475123864

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,964

Year Built

  • Built in 1973

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 77x102

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,078 Sq Ft Home
  • 3-Story Property
  • Storage Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $648
  • Fuel Expense $2,042
  • Insurance Expense $2,100
  • Trash Expense $1,584
  • Water Sewer Expense $3,729
  • Operating Expense $10,103
  • Gross Income $61,080
  • Net Operating Income $61,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,964

Year Built

Built in 1973

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1973
  • Built Before 1978 (Y/N): Yes
  • Information: Othr-Call List Agent
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Misc Inside: Common Lunchroom/s,Storage Inside
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Pitched
  • Misc Outside: Balcony/ies

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas,Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Trash Expense: 1584
  • Water Sewer Expenses: 3729

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 77X102
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 6078

Multi Family

  • Net Operating Income: 61080
  • Fuel Expense: 2042
  • Insurance Expense: 2100
  • ElectricExpense: 648
  • GrossIncome: 61080
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 10103
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 17964
  • Tax Year: 2020

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
Oct 4, 2021
Closed on
Oct 25, 2021
Sold by
Bought by
Seller's Agent
Bernadeta Siek
Charles Rutenberg Realty
Buyer's Agent
Malgorzata Gornik
Goral Real Estate Inc.
List Price
$595,000
Sold Price
$546,000
Premium/Discount to List
-$49,000
-8.24%

Purchase Details

Closed on
Nov 16, 2020
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$546,000 Old Republic Title
-- Attorney
$337,000 --
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
10/29/2021 10/29/21 Sold $546,000 -8.2% $90 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $595,000 -- $98 / 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 $19,264 $57,001 $4,973 $52,028
2024 $19,264 $57,001 $4,973 $52,028
2023 $19,136 $57,001 $4,973 $52,028
2022 $19,136 $48,392 $4,376 $44,016
2021 $18,273 $48,390 $4,375 $44,015
2020 $17,964 $48,390 $4,375 $44,015
2019 $16,949 $46,031 $3,978 $42,053
2018 $16,208 $46,031 $3,978 $42,053
2017 $16,428 $46,031 $3,978 $42,053
2016 $14,948 $39,357 $3,381 $35,976
2015 $14,697 $39,357 $3,381 $35,976
2014 $14,422 $39,357 $3,381 $35,976
2013 $13,979 $41,695 $3,381 $38,314
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11237902

Midwest Real Estate Data (MRED)
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