501 Ridge Road

Homewood, IL
$ 420,000 Beds 0 Baths 0 Sq 14,910
Monthly Estimate* How much can I afford?

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.

Contingent

  • Price
  • $ 420,000
  • Lot Size
  • 0.79 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 14,910
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Homewood
  • Taxes
  • $ 35410
  • County
  • COOK
  • Style
  • Area
  • Homewood
  • MLS#
  • 11007673
  • Zip
  • 60430
Listing Provided by: Weichert, Realtors The Home Team
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Niles, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/2/2021 Listed $420,000

Property vs Zip Code Average in 60430

Price
AVG $230K
$420K
Taxes
AVG $5,949
$35,410
Visits
AVG 86
68
Walkscore
AVG 48
36
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

501 Ridge Road Homewood, IL is a Single Family Home for sale at $420000 with 14910 sqft and a lot size of 0.79 Acres Acre(s). 501 Ridge Road Homewood has 0 bedrooms, 0 baths . The property's zip code is 60430 which is in Homewood, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.