NOT LISTED FOR SALE

10602 S Oak Tree Dr Worth, IL 60482

Worth Area
13 Beds
6 Baths
6,000 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: October 7, 2020

Last sale price $487,500 $81 Per Sq Ft

249 Days on Market

Highlights

  • 0.35 Acre Lot
  • Storage Room
  • Baseboard Heating
  • Amos Alonzo Stagg High School Rated A-

About This Home

As of October 2020

Brick 6 flat on double lot. (6) 2 bedroom units with balcony. Owners can live there and have a unit that leads to a beautiful yard, and deck! Collects over 80k a year! Plus finished basement!! Also own the building next door, lets make a deal!!

Last Agent to Sell the Property

Baha Joudeh

Chicagoland Brokers, Inc License #475126977 Listed on: 11/01/2019

Last Buyer's Agent

Baha Joudeh

Chicagoland Brokers, Inc License #475126977 Listed on: 11/01/2019

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,900

Year Built

  • Built in 1979

Lot Details

  • 15,387 Sq Ft Lot
  • Lot Dimensions are 77.54 x 175.3 x 133.10 x 71.00
  • Partial Sprinkler System

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,000 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $500
  • Fuel Expense $4,800
  • Insurance Expense $2,400
  • Trash Expense $700
  • Water Sewer Expense $3,600
  • Gross Income $85,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,900

Year Built

Built in 1979

Lot Details

0.35 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1979
  • Built Before 1978 (Y/N): No
  • Information: List Broker Must Accompany
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 13
  • Possible Use: Multi-Family
  • Basement Description: Partially Finished
  • Fire Protection: Partially Sprinklered
  • Misc Inside: Storage Inside
  • Fireplaces: 1
  • Dishwashers: 5
  • Refrigerators: 5
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Public Road
  • Exterior Building Type: Brick
  • Misc Outside: Balcony/ies,Patio,Storms and Screens (as exist),Sun Deck

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Service - 201 to 600 Amps
  • Utilities: Water-Municipal
  • Heat/Ventilation: Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 700
  • Water Sewer Expenses: 3600

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.35
  • Lot Dimensions: 77.54 X 175.3 X 133.10 X 71.00
  • Lot Size Sq Ft: 15387
  • Zoning: MULTI
  • Land Amenities: Children's Play Yard,Lighting/Exterior,Security Entrance,Cable Ready

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 6000

Multi Family

  • Fuel Expense: 4800
  • Insurance Expense: 2400
  • ElectricExpense: 500
  • GrossIncome: 85800
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16900
  • Tax Year: 2018

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$487,500 Old Republic Title
Frs Properties Llc $425,000 Old Republic Natl Title Ins
Tapia Michelle -- None Available
Nieto Victor -- None Available
Nieto Victor -- Chicago Title Insurance Co
Amb Inc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $760,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2020 10/07/20 Sold $487,500 -12.8% $81 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $559,000 -1.8% $93 / Sq Ft
03/08/2020 03/08/20 Price Changed $569,000 -1.4% $95 / Sq Ft
01/27/2020 01/27/20 For Sale $577,000 0.0% $96 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/08/2019 11/08/19 Price Changed $577,000 -0.3% $96 / Sq Ft
11/01/2019 11/01/19 For Sale $579,000 +36.2% $97 / Sq Ft
05/08/2015 05/08/15 Sold $425,000 -15.0% -- View Prior Sale
04/11/2015 04/11/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $500,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,549 $57,959 $10,771 $47,188
2024 $19,549 $57,959 $10,771 $47,188
2023 $15,532 $60,000 $10,771 $49,229
2022 $15,532 $40,167 $9,232 $30,935
2021 $15,060 $40,166 $9,232 $30,934
2020 $13,395 $40,166 $9,232 $30,934
2019 $14,892 $42,500 $8,462 $34,038
2018 $15,157 $42,500 $8,462 $34,038
2017 $14,682 $42,500 $8,462 $34,038
2016 $16,661 $43,278 $7,308 $35,970
2015 $16,373 $43,278 $7,308 $35,970
2014 $15,814 $43,278 $7,308 $35,970
2013 -- $46,752 $7,308 $39,444
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10563376

Midwest Real Estate Data (MRED)
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