NOT LISTED FOR SALE

14048 Willow Ln Midlothian, IL 60445

9 Beds
6 Baths
-- Sq Ft
1977 Built

Sale Details

Date Sold: October 4, 2018

Last sale price $300,000 $0 Per Sq Ft

79 Days on Market

About This Home

As of October 2018

Outstanding six-unit building that features Three 2-Bedroom Units, and, Three 1-Bedroom units. 100% rented. Quiet location with a private parking lot. New windows in 2016. Located close to transportation, expressways & shopping. A quality investment with good numbers.

Last Agent to Sell the Property

James Tammaro

RE/MAX 10 License #475114220 Listed on: 06/14/2018

RE/MAX 10

Last Buyer's Agent

James Tammaro

RE/MAX 10 License #475114220 Listed on: 06/14/2018

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $3,600
  • Insurance Expense $2,300

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1977

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 33320
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1800
  • Roof Structure: Pitched
  • Scavenger Expense: 920
  • Total Annual Exp: 25497
  • Total Annual Income: 59100
  • Total Monthly Income: 4925
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1977
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1977

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Concrete
  • Frontage Access: Public Road

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Central Bldg Heat, Gas, Baseboard
  • Water Expense: 3200

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 500
  • Janitor Expense: 800

Lot Info

  • Lot Dimensions: 87X80X79X80
  • Parcel Identification Number: 28033010280000

Rental Info

  • Gross Rental Income: 59100
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 3600
  • Insurance Expense: 2300
  • Other Expenses: 1250
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 11920
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 List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $300,000 0.0% --
09/01/2018 09/01/18 Pending -- -- --
08/30/2018 08/30/18 Off Market $300,000 -- --
08/27/2018 08/27/18 Price Changed $369,900 -7.5% --
08/22/2018 08/22/18 For Sale $399,900 0.0% --
08/07/2018 08/07/18 Pending -- -- --
07/25/2018 07/25/18 Price Changed $399,900 -4.8% --
06/14/2018 06/14/18 For Sale $419,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $11,438 $43,000 $5,924 $37,076
2024 $11,438 $43,000 $5,924 $37,076
2023 $14,058 $43,000 $5,924 $37,076
2022 $14,058 $44,046 $5,184 $38,862
2021 $13,140 $44,044 $5,183 $38,861
2020 $13,272 $45,417 $5,183 $40,234
2019 $8,886 $30,000 $4,813 $25,187
2018 $10,229 $36,044 $4,813 $31,231
2017 $11,919 $41,199 $4,813 $36,386
2016 $11,126 $36,816 $4,072 $32,744
2015 $10,952 $36,816 $4,072 $32,744
2014 $10,713 $36,816 $4,072 $32,744
2013 $9,606 $35,878 $4,072 $31,806
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09985813

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.