Great Investment 2 flat with legal non conforming garden apartment building in the Chicago Ridge area.The garden unit was completely remodeled(2024). Rents are currently well below market rents. Tenants are on month to month. New roof (2019) and new furnaces. Very large backyard and side driveway. Two car garage with great storage space. Rent two floors, live in one or rent all 3 at market rates and receive cash flow plus equity by mortgage payoff (from rents) and appreciation. Schedule a showing today!
Multi-familyProperty Type
1961Year Built
2 car garageParking
Listed by Oscar Arteaga• Panorama Real Estate
Bought with Rima Odeh• Better Homes & Gardens Real Estate
Great Investment 2 flat with garden apartment building in the Chicago Ridge area. Long time tenants. New roof and new furnaces. Huge yard. Two car garage with great storage space. Rent two flors live in one. Schedule a showing today and make this your Dream House!
MRED as Distributed by MLS Grid #11398858
Jun 27, 2022
Listing Removed
—
May 9, 2022
Listed (Active)
*
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Cook County
APN
24172190260000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jun 5, 2023.
R-2
Limited Multifamily District
The regulations set forth in this article, or set forth elsewhere in this chapter and referred to herein, are the R-2 limited multifamily residence district regulations. The permissible uses hereinafter designated in this article are subject to the special use provisions of article XI of this chapter.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Library
Park & open space
Property details
Parking
Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Interior
Bathroom Information
# of Baths (Full): 3
# of Baths (1/2): 2
Bedroom Information
# of Bedrooms: 7
# of Bedrooms Possible: 7
Additional Rooms Information
Basement: Full
Basement Description: Finished
Interior Features
# of Rooms: 20
Multi-Unit Information
3 Br Unit(s) In Bldg: Yes
Unit Type 1 Information
Floor Number: 1
# of Rooms: 8
# of Bedrooms: 3
# of Bathrooms (Total): 2
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 0
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Wednesday, December 1, 1999
Unit Type 2 Information
Floor Number: 2
# of Rooms: 8
# of Bedrooms: 3
# of Bathrooms (Total): 2
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Tenant Pays: All
Lease Expiration Date: Wednesday, December 1, 1999
Unit Type 3 Information
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Tenant Pays: Heat
Lease Expiration Date: VACAN
Exterior
Building Information
# Of Units in Building: 3
Exterior Building Type: Brick
Age: 61-70 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2024
Parcel Number: 24172190260000
Lot Information
Dimensions: 5373
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $9,569
Tax Year: 2021
Tax Exemptions: Homeowner
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas
Location
School Information
Elementary School District: 127.5
Middle Or Junior School District: 127.5
High School District: 218
Location Information
Township: Worth
Corporate Limits: Chicago Ridge
Directions: From Ridgeland Street east on 107th street turn south on Mayfield Ave until you hit the cul de sac.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 24172190260000
Home facts updated by county records on Jun 5, 2023
Other
Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: Yes
Around this home
Schools
Ridge Central Elementary School
Public PreK-5 • Assigned • 0.4mi
6/10
Elden D Finley Junior High School
Public 6-8 • Assigned • 0.4mi
5/10
Harold L. Richards High School
Public 9-12 • Assigned • 0.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Chicago Ridge, IL • 60415
Average low and high temperatures (°F)
30
16
39
23
56
35
63
44
71
50
83
64
87
70
83
65
81
60
69
49
52
38
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$597,000 – $723,000
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