NOT LISTED FOR SALE

120 Lathrop Ave Forest Park, IL 60130

Estimated Value: $353,000 - $398,647

6 Beds
3 Baths
1,012 Sq Ft
$380/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $262,500 $259 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,719/month

1 Day on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of April 2018

Great 3-flat building in a fantastic location. All 3 units have two bedrooms & one bath.

Last Agent to Sell the Property

Tagger O'Brien

P.M. Walsh & Co. License #471011207 Listed on: 03/13/2018

Last Buyer's Agent

Tagger O'Brien

P.M. Walsh & Co. License #471011207 Listed on: 03/13/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,885

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 28 x 135
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Grant-White Elementary School
  • Forest Park Middle School
  • Proviso East High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,885

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Elementary School: GRANT-WHITE ELEMENTARY SCHOOL
  • High School: PROVISO EAST HIGH SCHOOL
  • Middle/Junior School: FOREST PARK MIDDLE SCHOOL
  • Junior High/Middle School #2: PROVISO MATHEMATICS AND SCIENCE ACADEMY

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 28 X 135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 7885.43
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 24, 2018
Sold by
Chicago Title Land Trust Company
Bought by
Pellikan Nicholas P
Seller's Agent
Tagger O'Brien
P.M. Walsh & Co.
Buyer's Agent
Tagger O'Brien
P.M. Walsh & Co.
List Price
$279,000
Sold Price
$262,500
Premium/Discount to List
-$16,500
-5.91%
Current Estimated Value
$384,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,662
Avg. Annual Appreciation
5.19%
Original Mortgage
$236,250
Outstanding Balance
$203,218
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$180,944
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pellikan Nicholas P $262,500 Chicag Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pellikan Nicholas P $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Sold $262,500 -5.9% $259 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $279,000 -- $276 / Sq Ft
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
2024 $8,382 $26,667 $3,836 $22,831
2023 $8,095 $31,221 $3,836 $27,385
2022 $8,095 $26,006 $2,493 $23,513
2021 $7,720 $26,006 $2,493 $23,513
2020 $7,598 $26,006 $2,493 $23,513
2019 $8,564 $24,321 $2,493 $21,828
2018 $8,387 $24,321 $2,493 $21,828
2017 $8,203 $24,321 $2,493 $21,828
2016 $7,885 $22,004 $2,301 $19,703
2015 $7,762 $22,004 $2,301 $19,703
2014 $7,615 $22,004 $2,301 $19,703
2013 $7,610 $23,531 $2,301 $21,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09884745

Midwest Real Estate Data (MRED)

APN: 15-12-406-007-0000