NOT LISTED FOR SALE

Estimated Value: $963,458

8 Beds
8 Baths
-- Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: May 27, 2021

Last sale price $720,000

Est. 34% increase in value since last sale

Current estimated payment $6,456 / mo

8 Days on Market

Highlights

  • Central Heating
  • Arnold J Tyler School Rated A-
  • 3-minute walk to Hickory Creek Preserve

About This Home

As of May 2021

Desirable apartment rental in the heart of New Lenox. Walking distance from the train station, shopping centers, and a surplus of restaurants. Solid brick building containing 8 rental units, coin laundry, and individualized storage units in the basement.

Last Agent to Sell the Property

Joseph Nelson

CRIS Realty License #475193236 Listed on: 04/07/2021

Last Buyer's Agent

Soula Skokos

Skokos Realty, Inc. License #471014991

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,193

Year Built

  • Built in 1968

Lot Details

  • 15,000 Sq Ft Lot
  • Lot Dimensions are 100x150

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Heating System Uses Gas
  • Separate Meters
  • Private Company Owned Well

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $744
  • Fuel Expense $1,884
  • Insurance Expense $3,816
  • Other Expense $8,280
  • Trash Expense $1,440
  • Operating Expense $32,364
  • Gross Income $83,940
  • Net Operating Income $51,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,193

Year Built

Built in 1968

Lot Details

0.34 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: Exceptions-Call List Office
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Fireplaces: 1
  • Dishwashers: 8
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Public Road
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Pitched
  • Misc Outside: Balcony/ies,Patio,Security Lighting,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Separate Meters
  • Utilities: Sanitary Sewer, Well Private
  • Heat/Ventilation: Central Bldg Heat,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

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

Fee Information

  • Trash Expense: 1440
  • Operating Expense Includes: Gardener,Insurance,Maintenance,Maintenance Grounds,Maintenance Structure,Snow Removal,Trash,Utilities,Water/Sewer,Electricity,Fixed Expenses,Gas,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.33
  • Lot Dimensions: 100X150
  • Lot Size Sq Ft: 15000
  • Zoning: MULTI
  • Land Amenities: Sidewalks,Cable Ready

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10
  • Tenancy Type: Leases

Building Info

  • Building Unit Info: Smoke/Alarm Detector,Storage/Locker Area

Multi Family

  • Net Operating Income: 51576
  • Fuel Expense: 1884
  • Insurance Expense: 3816
  • ElectricExpense: 744
  • GrossIncome: 83940
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 32364
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 16193
  • Tax Year: 2019

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
Apr 7, 2021
Closed on
May 27, 2021
Sold by
Bought by
Seller's Agent
Joseph Nelson
CRIS Realty
Buyer's Agent
Soula Skokos
Skokos Realty, Inc.
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Current Estimated Value
$963,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,458
Avg. Annual Appreciation
5.77%
Original Mortgage
$155,000
Outstanding Balance
$138,423
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$825,035

Purchase Details

Closed on
Mar 23, 2010
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
$235,040
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
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
$270,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in New Lenox, IL

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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
$720,000 Fidelity National Title
-- Ticor Title
$460,000 First American Title
$75,000 --
-- --
$75,000 --
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 $155,000
Previous Owner $235,040
Previous Owner $270,000
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
05/27/2021 05/27/21 Sold $720,000 -4.0% --
04/15/2021 04/15/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $750,000 -- --
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
2024 $13,806 $175,210 $48,797 $126,413
2023 $14,219 $175,210 $48,797 $126,413
2022 $14,998 $173,333 $46,920 $126,413
2021 $15,191 $173,333 $46,920 $126,413
2020 $15,338 $184,920 $46,920 $138,000
2019 $16,193 $184,920 $46,920 $138,000
2018 $8,816 $99,277 $24,908 $74,369
2017 $8,641 $99,277 $24,908 $74,369
2016 $8,634 $99,277 $24,908 $74,369
2015 $8,766 $99,277 $24,908 $74,369
2014 $8,766 $99,277 $24,908 $74,369
2013 $8,766 $99,277 $24,908 $74,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11045879

Midwest Real Estate Data (MRED)

APN: 15-08-22-200-044

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