NOT LISTED FOR SALE

12750 Central Ave Crestwood, IL 60445

8 Beds
5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold March 21, 2018

Last sale price $425,000

2 Days on Market

Highlights

  • Whirlpool Bathtub
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Chippewa Elementary School Rated A-
  • Fenced Yard
  • Ceiling Fan

About This Home

As of March 2018

A 4 unit Brick Building, with a 3 BR 2 Bath Owner's unit, 2-2 BR units, and a 1 BR unit, in the Palos School District?! And it has a 2 Car attached Garage?! And the Tenants all pay their own Heat, Cooling, and Hot Water?! Can it get better than that? Yes!...the seller owns the coin washer and dryer for extra income, there is a nice fenced yard, the windows and roof shingles have been replaced, and each unit has forced air heating and central air conditioning! These rents are lower than they could be, and income from the coin laundry is not included in the reported Gross Income. This is a Money Maker!

Last Agent to Sell the Property

Tom Lemmenes

Tom Lemmenes, Inc. License #471005786 Listed on: 02/07/2018

Last Buyer's Agent

Lillian Baldwin

Real Broker, LLC License #475137110

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,674

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • First Floor Utility Room
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms
  • Whirlpool Bathtub

Utilities

  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 4 Units
  • 4 Unit

Building Details

  • Gross Income $46,500
  • Net Operating Income $34,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,674

Year Built

Built in 1975

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: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Utility Room-1st Floor
  • Basement Description: Crawl
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • List Price: 425000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street
  • ParkingTotal: 9
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Other Expenses $: 12340

Schools

  • Middle/Junior School District: 128

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 10,380 SQ FT
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Heat

Multi Family

  • Net Operating Income: 34160
  • GrossIncome: 46500
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 3673.5
  • Tax Year: 2016
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Range of Values:

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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
03/21/2018 03/21/18 Sold $425,000 0.0% --
02/09/2018 02/09/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $425,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09851871

Midwest Real Estate Data (MRED)