NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $274,000

1 Day on Market

About This Home

As of April 2024

Welcome to this prime 4-flat multi-unit property nestled in the sought-after Chicago Heights area, where opportunity meets immaculate upkeep. Well maintained by the current owner, this building is a testament to both functionality and profitability. The first floor encompasses two identical units, each boasting 2 bedrooms, 1 modernized bathroom, a contemporary kitchen, and a master bedroom. The second floor continues the trend with two additional 2-bed/1-bath units, ensuring a harmonious living experience across the entire property. With a Gross Income of $50,472, this property stands as a lucrative investment opportunity in a rapidly developing neighborhood. Don't miss the chance to own a meticulously maintained multi-unit property that seamlessly combines modern living with a robust financial return.

Last Agent to Sell the Property

Paul Kempa

Realty One Group Excel License #471017592 Listed on: 02/16/2024

Realty One Group Excel

Last Buyer's Agent

Ashley Zalewski

Coldwell Banker Realty License #475192538

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,551

Year Built

  • Built in 1983

Lot Details

  • 7,841

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Space is Owned

Utilities

  • Heating Available

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $300
  • Manager Expense $5,047
  • Trash Expense $1,884
  • Water Sewer Expense $1,491
  • Gross Income $50,472
  • Net Operating Income $33,199

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,551

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1983
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 274900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Cedar

Garage/Parking

  • OpenParkingSpaces: 6
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Manager Expense: 5047

Fee Information

  • Trash Expense: 1884
  • Water Sewer Expenses: 1491

Schools

  • Middle/Junior School District: 170

Lot Info

  • Lot Dimensions: 8197
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 33199
  • ElectricExpense: 300
  • GrossIncome: 50472
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8551
  • Tax Year: 2022

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $274,000 -0.3% --
02/18/2024 02/18/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $274,900 +103.6% --
06/22/2018 06/22/18 Sold $135,000 -3.6% --
06/04/2018 06/04/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $140,000 -11.4% --
07/24/2015 07/24/15 Sold $158,000 -1.2% --
07/20/2015 07/20/15 Pending -- -- --
07/19/2015 07/19/15 For Sale $159,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11982718

Midwest Real Estate Data (MRED)