NOT LISTED FOR SALE

1012 Dunlop Ave Forest Park, IL 60130

8 Beds
6 Baths
-- Sq Ft
1964 Built

Last Sold October 03, 2022

Last sale price $745,000

15 Days on Market

Highlights

  • Laundry Room
  • Storage Room
  • Hot Water Heating System

About This Home

As of October 2022

Incredible turnkey 6-Unit all brick Building in HOT HOT HOT Forest Park! A beautifully maintained property, with great curb appeal, features 2 bright & spacious 2-Bed/1-Bath Units and 4, 1-Bed/1-Bath Units, with 7-Parking Spaces and a 2-Car Detached Garage. The Basement features Coin-Operated Washer & Dryer, individual Storage Lockers, a well maintained boiler and newer installed Sprinkler System. All NEW Windows and freshly painted Common Areas throughout, newer carpet & laminate flooring in most units, newer window AC and updated electric meters w/Circuit Breakers and panels in every Unit. Long-term tenants, Smoke-Free & Pet-Free Building. Prime location, on a quiet residential street, steps from Blue Line train, 290 Expressway, parks, schools, hospital, shopping, walkable to everything! A premier investment property opportunity in a stellar location!

Last Agent to Sell the Property

Valerie Archos-Beutel

Baird & Warner License #475162723 Listed on: 08/30/2022

Baird & Warner

Last Buyer's Agent

Jason Guralnick

Coldwell Banker Realty License #475164049

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,128

Year Built

  • Built in 1964

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Fire Sprinkler System

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Separate Meters

Additional Features

  • Additional Parcels
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $3,000
  • Insurance Expense $2,500
  • Maintenance Expense $1,800
  • Manager Expense $1,950
  • Other Expense $1,500
  • Trash Expense $1,800
  • Water Sewer Expense $3,000
  • Operating Expense $34,628
  • Gross Income $87,060
  • Net Operating Income $48,079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,128

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1964
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Fire Protection: Sprinklers
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 780000
  • Exterior Building Type: Brick
  • Misc Outside: Security Lighting

Garage/Parking

  • Outdoor Parking: 6-12 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Hot Water

Condo/Co-op/Association

  • Manager Expense: 1950
  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1800
  • Water Sewer Expenses: 3000
  • Janitor Expense: 1950
  • Operating Expense Includes: Insurance,Maintenance Grounds,Snow Removal,Trash,Water/Sewer,Electricity,Gas

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 3

Building Info

  • Building Unit Info: Sprinkler System

Multi Family

  • Net Operating Income: 48079
  • Fuel Expense: 3000
  • Insurance Expense: 2500
  • ElectricExpense: 300
  • GrossIncome: 87060
  • Maintenance Expense: 1800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 34628
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 17128
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $745,000 -4.5% --
09/15/2022 09/15/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $780,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11487774

Midwest Real Estate Data (MRED)