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3435 Ridge Road Lansing, IL 60438
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Key Details
Sold Price $219,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,601 sqft
Price per Sqft $39
MLS Listing ID 10942923
Sold Date 11/16/21
Year Built 1930
Annual Tax Amount $5,307
Tax Year 2019
Lot Dimensions 155X35
Property Description
Attention Investors - Current Cap Rate is 12.8! Recently renovated mixed-use property in downtown Lansing on busy Ridge Rd. 2nd floor has three apartments (two 1 bed/1 bath unit and one studio). Apt 1 has new HWH, stove, refrigerator; Apt. 2 has new HWH, furnace, stove, refrigerator; Apt 3 has hew HWS, new stove, refrigerator, 2 new windows. New tile and laminate floors in all apartments. Retail unit has a new HWH and 2 new HVAC units. There is a full finished basement used for office, storage and mechanicals.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air, Central Individual, Partial, Window Unit(s)
Fireplace N
Exterior
View Y/N true
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Bought with Denise Raines • Weichert, Realtors The Home Team
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