Eco Friendly
Address
501 Ridge Road Homewood, IL
Price
$ 420,000
Property Attributes
  • MLS#11007673
  • TypeContingent
  • CountyCOOK
  • CityHomewood
  • AreaHomewood
  • NeighborhoodThornwood District
  • Zip60430
  • Style
  • Taxes$ 35410
  • Price$ 420,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14910
  • Lot Size0.79 Acres
Listing Provided Courtesy Of:
Weichert, Realtors The Home Team
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Attention Investors! Net operating income provides an 8% CAP Rate for these (3) single-story buildings consisting of 115 individual unit storage units (several are combined to create larger units) and 3 retail storefront units. Storefront units are 100% occupied. 10 of the smaller storage units are currently vacant - 90% are occupied. Great location near Halsted and Ridge Road.

Price History
3/2/2021 Listed $420,000

General Features

Additional Parcels Y/N No
Business Type Other
City Homewood
Contingency Attorney/Inspection
Cooling Central Air, Partial
County Cook
Current Use Commercial
Days on Market 201
Directions east of Halsted on Ridge Road - south side of the street. Complex is 501, 525 and 555 Ridge Road.
MLS Area Homewood
Operatingexpense 60363
Possession Closing
Property Type Business Opportunity
Property Type Bus / Bus w/Real Est
Standard Status Active Under Contract
Status Contingent
Stories 1
Street Name Ridge
Tax Annual Amount 35410
Tax Year 2019
Tenant Pays Roof, Structure
Zoning COMMR

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 14910
Lot Dimensions 158X218X152X255
Lot Size Square Feet 34513
Total Parking 20

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 Contingent Average in 60430

Price
AVG $220K
$420K
Taxes
AVG $5,854
$35,410
Visits
AVG 83
45
Walkscore
AVG 48
36
Data Provided by Walkscore ® not using MLS data

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