NOT LISTED FOR SALE

12700 S Justine St Calumet Park, IL 60827

7 Beds
7 Baths
-- Sq Ft
1959 Built

Last Sold January 18, 2024

Last sale price $250,000

20 Days on Market

About This Home

As of January 2024

Wonderful Investment opportunity to own this all brick 7 unit residential property in Calumet Park. Located in prime spot near the I57 Interstate and 127th. 1 Bed/1 Bath units recently rehabbed and fully occupied for exception of one unit currently being rehabbed. Consistent cash flow. Roof replaced in 2018. Bring your offers!

Last Listed By

Lissette Rivero

Realty of America License #475178941 Listed on: 10/22/2023

Realty of America

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Additional Features

  • Lot Dimensions are 58x165
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $2,800
  • Insurance Expense $11,250
  • Maintenance Expense $1,500
  • Trash Expense $2,000
  • Water Sewer Expense $2,000
  • Operating Expense $46,586
  • Gross Income $55,900
  • Net Operating Income $9,314

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1959
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 7
  • Refrigerators: 7
  • Ranges: 7
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 325000

Utilities

  • Heat/Ventilation: Central Bldg Heat

Fee Information

  • Trash Expense: 2000
  • Water Sewer Expenses: 2000
  • Janitor Expense: 5500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 58X165

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10
  • Tenancy Type: Leases,Month To Month

Building Info

  • Building Unit Info: Fire Alarm,Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 9314
  • Fuel Expense: 2800
  • Insurance Expense: 11250
  • ElectricExpense: 300
  • GrossIncome: 55900
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 46586
  • Expense Year: 2022
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 21236
  • Tax Year: 2022

Range of Values:

Collateral Analytics

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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

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $250,000 -23.1% --
11/12/2023 11/12/23 Pending -- -- --
10/22/2023 10/22/23 For Sale $325,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lissette Rivero

    Seller's Agent in 2024

    Lissette Rivero

    Realty of America

    (708) 517-0411

    72 Total Sales

    Lissette Rivero
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Stephen Rivero

    Realty of America

    (773) 283-5605

    9 Total Sales

    Stephen Rivero
    Section Image

  • M

    Buyer's Agent in 2024

    Mohammad Salim

    Realty One Group Excel

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11914026

Midwest Real Estate Data (MRED)

Illinois Cook County Calumet Park 60827

12700 S Justine St, Calumet Park, IL

Homes for Sale in Calumet Park, IL

This home is located at 12700 S Justine St, Calumet Park, IL 60827 since 22 October 2023. This property was built in 1959. 12700 S Justine St is a home located in Cook County.

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