NOT LISTED FOR SALE

10832 S 71st Ct Worth, IL 60482

8 Beds
4 Baths
-- Sq Ft
1972 Built

Last Sold August 03, 2021

Last sale price $470,000

11 Days on Market

Highlights

  • Heating System Uses Steam
  • Worth Jr High School Rated 9+
  • Senior Tax Exemptions

About This Home

As of August 2021

Great investment opportunity in Worth!!! This 4 unit building is fully rented. All four unit with 2 bedrooms and one bath plus formal dinning room. Master bedroom offers walk in closet! Eat-in-Kitchens are supply with ceiling fans. Each units has a balcony with the east exposure. Finished basement with storage for each apartment and more. Long term tenants, clean, well kept! There are 10 parking spots. Parking blacktop redone in 2018. Roof was replaced in 2019.Located on the quiet street yet close to expressway, shopping and public transportation.

Last Agent to Sell the Property

Ewa Walas

Infiniti Properties, Inc. License #475131305 Listed on: 06/03/2021

Infiniti Properties, Inc.

Last Buyer's Agent

Manhal Rabadi

Coldwell Banker Realty License #475127630

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,118

Year Built

  • Built in 1972

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 100x83

Listing and Financial Details

  • Senior Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $883
  • Fuel Expense $1,485
  • Insurance Expense $1,100
  • Maintenance Expense $300
  • Trash Expense $1,175
  • Water Sewer Expense $2,049
  • Gross Income $49,140
  • Net Operating Income $33,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,118

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 10
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 1175
  • Water Sewer Expenses: 2049
  • Trash Expense Year: 2021

Lot Info

  • Lot Dimensions: 100X83
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 33030
  • Fuel Expense: 1485
  • Insurance Expense: 1100
  • ElectricExpense: 883
  • GrossIncome: 49140
  • Maintenance Expense: 300
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9118
  • Tax Year: 2019
  • Tax Exemptions: Senior

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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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
08/03/2021 08/03/21 Sold $470,000 -3.9% --
06/16/2021 06/16/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $489,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $17,901 $50,001 $4,773 $45,228
2024 $17,901 $50,001 $4,773 $45,228
2023 $16,237 $50,001 $4,773 $45,228
2022 $16,237 $38,489 $4,150 $34,339
2021 $8,564 $38,489 $4,150 $34,339
2020 $7,799 $38,489 $4,150 $34,339
2019 $9,119 $34,406 $3,735 $30,671
2018 $9,097 $34,406 $3,735 $30,671
2017 $8,933 $34,406 $3,735 $30,671
2016 $11,072 $30,487 $3,112 $27,375
2015 $11,419 $30,487 $3,112 $27,375
2014 $10,443 $30,487 $3,112 $27,375
2013 $10,766 $34,680 $3,112 $31,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11111463

Midwest Real Estate Data (MRED)