Address
2838 Ridge Road, Lansing, IL
Price
$ 122,999
Property Attributes
- MLS#11304933
- TypeMulti-Family
- CountyCOOK
- CityLansing
- AreaLansing
- NeighborhoodOakglen
- Zip60438
- Style
- Year Built1925
- Taxes$ 8161
- Price$ 122,999
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1650
- Lot Size10,890 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
PRICE DROP PLUS $2,000 DECORATING CREDIT AT CLOSING FOR THIS AS IS 2 FLAT! GREAT FOR THE HANDY INVESTOR. The 2.5 CAR GARAGE IS VACANT AND CAN BE RENTED OUT FOR MORE INCOME !!! LIVE IN ONE UNIT AND RENT OUT THE OTHER AND THE RENTAL INCOME CAN PAY YOUR MORTGAGE. THE 1ST FLOOR 2 BEDROOM WITH BASEMENT IS VACANT, BUT NEEDS SOME WORK. The 2nd Floor is Month to Month and is Rented @ $795/Month. There are 3 parking spaces and a large Back Yard for tenants to enjoy & 2.5 Garage that can be Rented @ $200+/Month. The property is @ 1/2 Block East of Memorial Junior High School on Ridge Road and Just West of the heart of Downtown Lansing. $2,000 Earnest Money Required with Approved Contract. Buyers agent to verify all square footage.
| Elementary School | Middle School | High School |
|---|---|---|
| Oak Glen Elementary School | Memorial Junior High School | Thornton Fractnl So High School |
| Price History | |
|---|---|
| 1/24/2023 | Listed $149,999 |
| 3/21/2023 | 3% - $146,999 |
| 5/4/2023 | 5% - $140,000 |
| 5/13/2023 | 1% - $139,000 |
| 6/12/2023 | 1% - $137,890 |
| 8/9/2023 | 6% - $129,999 |
| 10/6/2023 | 4% - $124,999 |
| 11/14/2023 | 2% - $122,999 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| City | Lansing |
| Community Features | Curbs, Sidewalks, Street Lights, Street Paved |
| County | Cook |
| Days on Market | 675 |
| Directions | I 80 to Torrence Avenue South to Ridge Road East to Property 1/2 block east of Memorial School. |
| Elementary School | Oak Glen Elementary School |
| Elementary School District | 158 |
| Garage Spaces | 2.5 |
| Gross Income | 20340 |
| Heating | Natural Gas |
| High School | Thornton Fractnl So High School |
| High School District | 215 |
| MLS Area | Lansing |
| Middle/Junior High School | Memorial Junior High School |
| Middle/Junior School District | 158 |
| Net Operating Income | 6684 |
| New Construction | No |
| Percent Ownership | Fee Simple |
| Possession | Tenant's Rights |
| Property Type | Residential Income |
| Property Type | Two to Four Units |
| Roof | Asphalt |
| Sewer | Public Sewer |
| Standard Status | Active |
| Status | Active |
| Street Name | Ridge |
| Tax Annual Amount | 8161.2 |
| Tax Year | 2021 |
| Total Rooms | 10 |
| Township | Thornton |
| Waterfront Y/N | No |
| Year Built | 1925 |
| Zoning | MULTI |
Interior Features
| Basement | Unfinished |
|---|---|
| Basement | Full |
| Bedrooms Possible | 4 |
| Full Baths Building | 2 |
| Room Type | Enclosed Porch, Screened Porch |
| Street Suffix | Road |
| Total Baths | 2 |
| Total Bedrooms | 4 |
| Total Number of Units | 2 |
Exterior Features
| Exterior | Aluminum Siding |
|---|---|
| Garage Onsite | Yes |
| Garage Ownership | Owned |
| Garage Type | Detached |
| Lot Dimensions | 10890 SQFT |
| Lot Size Acres | 0.25 |
| Parking Features | Unassigned, Off Street, Visitor Parking |
| Total Parking | 3 |
| Water Source | Lake Michigan, Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60438
Price
Taxes
Visits
Year Built
Walkscore
