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!
Closed
$485,000
10606 Mayfield Ave, Chicago Ridge, IL 60415
7beds
--sqft
Multi Family
Built in 1961
-- sqft lot
$595,400 Zestimate®
$--/sqft
$2,201 Estimated rent
Home value
$595,400
$560,000 - $643,000
$2,201/mo
Zestimate® history
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$3,394/mo
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Zillow last checked: 7 hours ago
Listing updated: June 14, 2024 at 09:01am
Listing courtesy of:
Oscar Arteaga 773-407-8201,
Panorama Real Estate
Bought with:
Rima Odeh
Better Homes & Gardens Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12002401
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 5,373 sqft
Details
- Parcel number: 24172190260000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1961
- Major remodel year: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago Ridge
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2024 | Sold | $485,000-3% |
Source:  MRED as distributed by MLS GRID #12002401 Report a problem | ||
| 4/6/2024 | Contingent | $499,900 |
Source: MRED as distributed by MLS GRID #12002401 Report a problem | ||
| 3/29/2024 | Price change | $499,900-3.8% |
Source: MRED as distributed by MLS GRID #12002401 Report a problem | ||
| 3/12/2024 | Listed for sale | $519,900+28.1% |
Source: MRED as distributed by MLS GRID #12002401 Report a problem | ||
| 10/13/2022 | Sold | $406,000-4.4% |
Source: MRED as distributed by MLS GRID #11447934 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 60415
Nearby schools
GreatSchools rating
- 4/10Ridge Central Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Elden D Finley Jr High SchoolGrades: 6-8Distance: 0.4 mi
- 4/10H L Richards High Sch(Campus)Grades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: 127.5
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$595,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$595,400
- Illinois
- Cook County
- Chicago Ridge
- 60415
- 10606 Mayfield Ave