$174,000
●
Condo -
Off Market
6830 Ridge Point Drive #3B
Oak Forest, IL 60452
2 Beds
2 Baths,
1
Half Bath
1,200 Ft²
$194,838
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
FANTASTIC 2 BEDROOM 2 BATH BRIGHT AND SUNNY PENTHOUSE CONDOMINIUM
WITH SOARING CATHEDRAL CEILINGS. GORGEOUS FLOORING THROUGHOUT WITH
MODERN CONTEMPORARY LIGHTING FIXTURES. BOTH BATHROOMS HAVE BEEN
COMPLETELY RENOVATED. KITCHEN WITH STAINLESS STEEL APPLIANCES
AND BEAUTIFUL QUARTZ COUNTERTOPS. THIS IS AN EXTREMELY SPACIOUS
UNIT IN A WELL MAINTAINED COMPLEX. LOCATED NEAR WALKING AND BIKE
PATHS ADJACENT TO THE FOREST PRESERVE.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$146
Property Type
Condo
Property Taxes
$296
HOA Dues
$190
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #11247407)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Listed by Exit Realty WE | $174,731 | |
| Listed by Exit Realty WE | |||
| Mar 23, 2019 | No longer available | - | |
| No longer available | |||
| Jan 29, 2019 | No longer available | - | |
| No longer available | |||
| Jan 16, 2019 | Listed | $149,900 | |
| Listed | |||
| | |||
|
FANTASTIC BRIGHT AND SUNNY PENTHOUSE CONDOMINIUM WITH SOARING CATHEDRAL CEILINGS. THIS CONDO FEATURES 2 BEDROOMS 2 BATHS. FRESHLY PAINTED. BEAUTIFUL NEW FLOORING THROUGHOUT. ALL NEW LIGHTING FIXTURES. BOTH BATHROOMS COMPLETELY RENOVATED. BRAND NEW KITCHEN WITH NEW STAINLESS STEEL APPLIANCES AND BEAUTIFUL QUARTZ COUNTER-TOPS THIS UNIT IS VERY SPACIOUS IN A VERY WELL MAINTAINED COMPLEX WITH GREAT LANDSCAPED GROUNDS AND IS CLOSE TO WALKING AND BIKE PATHS The manager has listed the unit size as 1200 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Vaulted/Cathedral Ceilings
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 21-25 Years
Rebuilt(Y/N): No
Parcel Number: 28181010441034
Property Type: Residential
Year Built: 1997
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Features: Common Grounds
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2020
Tax Annual Amount: $3,552
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Electric
Sewer : Public Sewer, Sewer-Storm
Location Details
Township: Bremen
Corporate Limits: Oak Forest
Directions: 159th Street to Oak Park North approx 3/4 mile to Ridge Point Dr West to 6830 3rd building in. Lock box on garage #26
County or Parish: Cook
Elementary School District: 146
Middle Or Junior School District: 146
High School District: 230
Other Details
Association Fee Includes: Water, Insurance, Lawn Care, Scavenger, Snow Removal
Association Fee: $190
Association Fee Freq: Monthly
Holds Earnest Money: No
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/08/2025
|
2 Bed
|
2 Bath
|
1200 ft²
|
$229,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Danielle Moy
@properties Christie's International Real Estate
| |
|
12/07/2024
|
2 Bed
|
2 Bath
|
-
|
$235,000
2 Bed
2 Bath
|
-
-
|
Alberto Avila
RE/MAX 10
| |
|
10/30/2023
|
2 Bed
|
2 Bath
|
-
|
$220,000
2 Bed
2 Bath
|
-
-
|
Alberto Avila
RE/MAX 10
| |
|
07/22/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$199,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Kaitlyn Kirchner
Village Realty, Inc.
| |
|
10/15/2021
|
2 Bed
|
2 Bath
|
1200 ft²
|
$174,731
2 Bed
2 Bath
1200 ft²
|
$174,000
-0.42%
11/30/2021
|
William Sevening
Tanis Group LLC
| |
|
03/05/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$159,900
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
| |
|
11/12/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
$149,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
01/04/2007
|
2 Bed
|
2 Bath
|
-
|
$179,900
2 Bed
2 Bath
|
$177,900
-1.11%
02/22/2007
|
Anna Szkarlat
Housecenter Realty,Inc.
|
Building Info
About Oak Forest
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Listed by: William Sevening, Exit Realty WE
Last Updated: 3 years ago
Data Source: MRED, MLS# 11247407
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11247407
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