NOT LISTED FOR SALE

10853 S Harlem Ave Worth, IL 60482

Worth Area
14 Beds
6 Baths
-- Sq Ft
1968 Built

Sale Details

Date Sold: June 4, 2024

Last sale price $800,000

47 Days on Market

About This Home

As of June 2024

6 unit building with attached 2 car garage on a corner lot with balconies. 2 year old boiler and 9 year old hot water zoned heat. There are 2-3 bedroom 1 3/4 bath units. The building is in decent shape. HIGHEST AND BEST CONTRACT DUE BY 3/5/2024 12;00 NOON

Last Agent to Sell the Property

Stan Latek

Prospect Equities Real Estate License #475154432 Listed on: 01/20/2024

Last Buyer's Agent

Rima Odeh

Infiniti Properties, Inc. License #475102798

Infiniti Properties, Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,110

Year Built

  • Built in 1968

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3-Story Property
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Bathrooms

Lot Details

  • Lot Dimensions are 84x150

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $3,700
  • Insurance Expense $4,400
  • Maintenance Expense $1,300
  • Trash Expense $984
  • Water Sewer Expense $3,800
  • Operating Expense $24,510
  • Gross Income $74,400
  • Net Operating Income $49,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,110

Year Built

Built in 1968

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Special Instructions
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 14
  • Basement Description: Slab
  • Fire Protection: Carbon Monoxide Detector(s)
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Gable,Pitched
  • Misc Outside: Balcony/ies,Enclosed Stairs,Patio,Security Lighting

Garage/Parking

  • Outdoor Parking: 13-18 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Community, Water-Municipal, Water to Site, Cable Available
  • Heat/Ventilation: Central Bldg Heat,Central Heat/Indiv Controls,Gas
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 984
  • Water Sewer Expenses: 3800

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 84X150
  • Zoning: MULTI
  • Alternate Phone Number: (708) 715-2835

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 49890
  • Fuel Expense: 3700
  • Insurance Expense: 4400
  • ElectricExpense: 900
  • GrossIncome: 74400
  • Maintenance Expense: 1300
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24510
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 15110
  • Tax Year: 2022

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
May 31, 2024
Sold by
Bought by
Seller's Agent
Stan Latek
Prospect Equities Real Estate
Buyer's Agent
Rima Odeh
Infiniti Properties, Inc.
List Price
$849,900
Sold Price
$800,000
Premium/Discount to List
-$49,900
-5.87%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$586,655
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 4, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.83%
Mortgage Type
Commercial
Source: Public Records

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
$800,000 Chicago Title
$392,000 --
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
Open $600,000
Previous Owner $290,000
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
06/04/2024 06/04/24 Sold $800,000 -5.9% --
03/08/2024 03/08/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $849,900 -- --
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 $16,469 $46,000 $6,347 $39,653
2024 $16,469 $46,000 $6,347 $39,653
2023 $15,705 $46,000 $6,347 $39,653
2022 $15,705 $37,227 $5,519 $31,708
2021 $15,111 $37,227 $5,519 $31,708
2020 $14,772 $37,227 $5,519 $31,708
2019 $14,057 $33,493 $4,967 $28,526
2018 $13,999 $33,493 $4,967 $28,526
2017 $13,991 $33,493 $4,967 $28,526
2016 $12,865 $28,749 $4,139 $24,610
2015 $12,631 $28,749 $4,139 $24,610
2014 $12,381 $28,749 $4,139 $24,610
2013 $12,409 $31,982 $4,139 $27,843
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11964828

Midwest Real Estate Data (MRED)
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