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$599,900   Price Analysis
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1080 N Northwest Hwy
Park Ridge, IL 60068
5 bed 3 bath 2,600 SqFt ($230/SqFt)
6,500SqFt lot. Built 1960
Listed 2024-06-17, Taxes $9,393
Ⓧ USDA Ineligible
due to location

near Park Ridge

Beautiful

* Has Contingent Offer *

Fully renovated two flat with a duplex down owners unit. The 1st-floor unit is a fully renovated three-bed, two-bath duplex down with a radiant heated floor on the lower level and a gas-forced air heating system with central AC-a large chef's kitchen with new cabinets, quartz counters, tumbled marble backsplash, under the cabinet lighting and SS appliances. Two bedrooms and one bath on the main level and the lower level has a large family room, one bedroom and a full bath.

The upper unit is an updated two-bedroom with one bath. The building features a new Generac whole-house electrical backup system, thermal windows, a detached two-ca r garage and a side-by-side driveway with additional parking for tenants. Upper unit rents for $1, 650; lease expires 05.31.25. The first-floor unit is rented for $2, 125 and is on an MTM agreement. Shared laundry room, separate boilers and HW tanks, overhead sewers with battery backup. It is a short walk to the Metra, Franklin Elementary and Main South High School. This is a turnky building. The owner is an IL-licensed real estate broker.


Presented by PHIL MISTRATA at
Dream Town Realty.


Property MLS #12084934 from MRED

Bedrooms: 5
Bedrooms Possible: 5

Total Rooms: 12
Basement Features: Full
Basement Description: Partially Finished

Total Bathrooms: 3
Full Bathrooms: 3

Yes

Heating Features: Natural Gas, Forced Air, Baseboard

Lot Size Acres: 0.1492195
Lot Size Dimensions: 50 X 130
Lot Size Square Feet: 6500

Garage Spaces: 2
Garage Description: Detached
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Franklin Elementary School
Elementary School District: 64
High School: Maine South High School
High School District: 207

Franklin Elementary School is a public elementary school located approximately 0.4 miles away.
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Maine East High School is a public high school located approximately 0.8 miles away.
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Emerson Middle School is a public middle school located approximately 1.1 miles away.
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Jeanine Schultz Memorial School is a private elementary, middle and high school located approximately 0.2 miles away.
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Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 7
Total Rooms in Unit-2: 5
Unit-1 Description: Unit 1
Unit-2 Description: Unit 2
Unit-1 Square Feet: 1700
Unit-2 Square Feet: 900
Unit 1 Total Actual Rent: 2125
Unit 2 Total Actual Rent: 1650

Annual Tax Amount: 11081.00
Source Listing Status: Active Under Contract
County: Cook
Directions: Northwest Highway just east of Dee Rd, south side of the street
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 09224080470000
Township: Maine
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$25,445 + $5,440
$30,885
$9,393
2020$25,445 + $5,440
$30,885
$9,020
2019$30,060 + $5,440
$35,500
$9,252
2018$27,783 + $4,800
$32,583
$9,324
2017$31,848 + $4,800
$36,648
$10,442
2016$31,848 + $4,800
$36,648
$10,055
2015$22,404 + $4,160
$26,564
$8,193
2014$22,404 + $4,160
$26,564
$8,031
2013$22,404 + $4,160
$26,564
$7,607
2012$30,318 + $4,960
$35,278
$8,627
2011$30,318 + $4,960
$35,278
$8,205
2010$34,693 + $4,960
$39,653
$9,104
2009$41,123 + $5,120
$46,243
$9,899
2007$44,357 + $8,192
$52,549
$9,815
2006$34,022 + $8,192
$42,214
$8,277

Listed 2024-06-17
$599,900
MRED
Listing removed 2018-12-17
$389,900
MRED
Sold 2018-08-29
$355,000
MRED
Listed 2018-06-29
$379,000
MRED
Listing removed 2018-06-29
$389,900
MRED
Listed 2018-04-26
$389,900
MRED
Sold 1984-07-03
$135,000
Public Record
Sold 1984-06-01
$135,000
Public Record

Year Built: 1960
Foundation Details: Concrete Perimeter
Property Age: 64
Roof: Asphalt

Sewer: Public Sewer
Water Source: Lake Michigan

Other Equipment: Sump Pump, Backup Sump Pump;, Generator
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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.