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$720,000
5731 W Ridgemont Ln, Chicago Ridge, IL 60415
0 Beds
0 Baths
n/a sqft

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Attention investors well-maintained All brick 6 flat building featuring fully occupied with long term tenants. All units featuring two bedrooms, full basement, laundry facility, storage locker. New roof 2020, freshly paved parking lot that included 13 large parking spots in the back. As is property
  • Price:
  • $720,000
  • Year Built:
  • 1979
  • Listing ID #:
  • MRD11230310
  • Street Address:
  • 5731 W Ridgemont Ln
  • City:
  • Chicago Ridge
  • State:
  • Illinois
  • Postal Code:
  • 60415
  • County:
  • Cook
  • Community:
  • Chicago Ridge
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Multi Family 5+
  • Basement Description:
  • Finished
  • Exterior Description:
  • Brick
  • Foundation:
  • Concrete Perimeter
  • Stories:
  • 2
  • Type Of Roof:
  • Composition
  • Year Built:
  • 1979
  • Annual Electric Expenses:
  • 1000
  • Annual Insurance Expenses:
  • 3000
  • Annual Maintenance Expenses:
  • 400
  • Annual Trash Expenses:
  • 900
  • Annual Water/Sewer Expenses:
  • 5000
  • Estimated Potential Income:
  • 5950
  • Gross Income:
  • 71400
  • Net Operating Income:
  • 40941
  • Operating Expense:
  • 30459
  • Conforms To Zoning:
  • Multi
  • Existing Land Use:
  • Multi-Family
  • Suitable Use:
  • Multi-Family
  • Contingency Type:
  • Attorney/Inspection
  • Days On Market:
  • 186
  • Originating Mls:
  • Mred
  • Property Taxes:
  • $17,059
  • Tax Year:
  • 2020
  • Tenant Pays:
  • Electricity
  • Parking Spaces:
  • 13
  • Cooling System:
  • Window Unit(s)
  • Electricity:
  • Circuit Breakers, Separate Meters
  • Utilities:
  • Sanitary Sewer, Water-Municipal
  • Unit 1 Total Bathrooms:
  • 1
  • Unit 1 Total Bedrooms:
  • 2
  • Unit 1 Type:
  • Unit 1
  • Unit 2 Total Bathrooms:
  • 1
  • Unit 2 Total Bedrooms:
  • 2
  • Unit 2 Type:
  • Unit 2
  • Unit 3 Total Bathrooms:
  • 1
  • Unit 3 Total Bedrooms:
  • 2
  • Unit 3 Type:
  • Unit 3
  • Unit 4 Total Bathrooms:
  • 1
  • Unit 4 Total Bedrooms:
  • 2
  • Unit 4 Type:
  • Unit 4
  • Unit 5 Total Bathrooms:
  • 1
  • Unit 5 Total Bedrooms:
  • 2
  • Unit 5 Type:
  • Unit 5
  • Unit 6 Total Bathrooms:
  • 1
  • Unit 6 Total Bedrooms:
  • 2
  • Unit 6 Type:
  • Unit 6
  • Unit 7 Total Bathrooms:
  • 1
  • Unit 7 Total Bedrooms:
  • 2
  • Unit 7 Type:
  • Unit 7
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By United Real Estate Elite
  • ILMRED

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