The StopulosTeam
Description
Excellent Investment Opportunity in Chicago Ridge! Longtime owners proudly offer this neat and clean all brick 5 unit apartment building with numerous updates and outstanding potential! The existing layout features four 2-bedroom apartments and one 1-bedroom apartment. Currently configured as a 5-unit building, the property also offers a huge flex space adjacent to the 1 bed garden apartment, as that space is currently used as an office and common space or could be one huge owners suite--the possibilities are endless! (Due diligence is required) Common area laundry room with washer/dryer and sink. Ample parking in the rear of the building. Major improvements include a commercial steel roof, new boiler in 2017, new windows and doors in 2025, four remodeled bathrooms in 2025, new A/C units in 2026, and fresh interior paint in 2025. The property is currently vacant, offering immediate possession and the opportunity to explore its income-producing potential. Multi-unit properties in Chicago Ridge are a rare find! Don't miss this opportunity to invest in a well-maintained brick building with updates already completed and potential for added value. Bring your vision and explore the possibilities! Opportunity is knocking!!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 5,376
County: Cook
Listed By:
RE/MAX 10
815-485-5500
MRED MLS
MLS ID: 12799392
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10409 Moody Avenue, Chicago Ridge, IL 60415.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $749,900 | $749,900 | $749,900 |
| Down Payment | $149,980 | $26,247 | $187,475 |
| Monthly Mortgage Amount | $3,941 | $4,837 | $4,822 |
| Taxes | $1044 | $1044 | $1044 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $330 | $0 |
| Monthly Estimated Total | $5,204 | $6,430 | $6,085 |
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