$649,000 Price Analysis    ♡   Chicago, IL 60660 Unknown bed 0 bath unknown SqFt ($0/SqFt) 3,920SqFt lot. Listed 2023-07-13, Taxes $29,733 | Ⓧ USDA Ineligible due to property near Chicago |
Another excellent investment opportunity in the Edgewater / Andersonville area.
Located at the busy intersection of Ridge nd Glenwood. This property is ready for development. Rece nt developments on Ridge include 5771 N. Ridge and current development at 5691 N Ridge. This 4, 000 sq. ft. property sits on the corner of a residential corridor with fantastic walkability to local shopping, Bus, CTA and Metra transit services.
The property consists of a laundromat, an approximately 830 sq. ft. space with 2 restrooms An vacant 725 sq. ft. This retail space is being sold as land-to-be-developed. A developer is expected to develop the property into multi unit residential rentals or condominiums. The property has multiple addresses 5742, 5744, 5725 and 5722. Please do not disturb tenants.
Presented by Michael Lafargue at
Coldwell Banker Realty.
Property MLS #11830135 from MRED
Road Surface Type: Asphalt
Lot Size Dimensions: 107 X 88.5 X 66.2 X 23.85
Lot Size Square Feet: 3920
Calculated Total Monthly Association Fees: 0
High School District: 299
Map directions Map directions Map directionsSource Listing Status: Active
County: Cook
Current Use: Commercial
Directions: Hollywood to Ridge Ridge 5700 North and 1400 West.
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Land
Parcel Number: 14053220010000
Township: Lake View
Zoning: COMMR
Property Subtype: Land
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $111,582 + $36,277 $147,859 | $29,733 |
| 2020 | $98,468 + $36,277 $134,745 | $30,017 |
| 2019 | $98,468 + $36,277 $134,745 | $27,071 |
| 2018 | $73,851 + $36,277 $110,128 | $21,754 |
| 2017 | $50,565 + $31,095 $81,660 | $17,578 |
| 2016 | $50,565 + $31,095 $81,660 | $16,355 |
| 2015 | $63,711 + $31,095 $94,806 | $17,372 |
| 2014 | $63,098 + $27,985 $91,083 | $16,899 |
| 2013 | $63,098 + $27,985 $91,083 | $16,565 |
| 2012 | $63,098 + $27,985 $91,083 | $16,344 |
| 2011 | $76,702 + $27,985 $104,687 | $16,964 |
| 2010 | $153,404 + $27,985 $181,389 | $29,516 |
| 2009 | $153,404 + $27,985 $181,389 | $28,284 |
| 2007 | $54,313 + $28,358 $82,671 | $11,741 |
| 2006 | $55,073 + $28,358 $83,431 | $11,977 |
$649,000
MRED
Listed 2023-07-13
$775,000
MRED
Listing removed 2023-07-11
$800,000
MRED
Listed 2023-06-30
$800,000
MRED
Listing removed 2019-05-22
$599,900
MRED
Listed 2018-12-23
$599,900
MRED
Sold 2004-11-03
$360,000
Public Record
Sold 1987-10-01
$65,000
Public Record
Gas to Site
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.