NOT LISTED FOR SALE

14622 Keystone Ave Midlothian, IL 60445

Midlothian Area
11 Beds
6 Baths
-- Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: October 18, 2018

Last sale price $480,000 $0 Per Sq Ft

8 Days on Market

About This Home

As of October 2018

Great opportunity for an investor. All building was remodeled in 2018. New roof, boiler, windows, kitchens, led new lighting, ceramic tiles, coin washer and dryer, security cameras, inter phone, and stainless steel appliances. Fully leased 6 units. 5-2 bedrooms, and 1-1 bedroom. Tenants pay for their own electric and gas.

Last Agent to Sell the Property

Richard Oudeh

Century 21 Circle License #475170269 Listed on: 08/24/2018

Century 21 Circle

Last Buyer's Agent

Gary Lucido

Lucid Realty, Inc. License #471004524

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 6,534

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,450
  • Insurance Expense $2,200

Listing and Financial Details

  • Tenant pays for air conditioning, electric
  • $1,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2018
  • Net Oper Income: 52068
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 500
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Total Annual Exp: 10500
  • Total Annual Income: 76800
  • Total Monthly Income: 6400
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 2.5
  • Estimated Year Built: 1963
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1963

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.15
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Central Heat/Indiv Controls
  • Water Expense: 2750

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 1800
  • Electrical Service: Separate Meters
  • Janitor Expense: 500

Lot Info

  • Lot Dimensions: 6700
  • Lot Sq Ft: 6700
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Sidewalks
  • Parcel Identification Number: 28102280140000

Rental Info

  • Gross Rental Income: 76800
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 2450
  • Insurance Expense: 2200
  • Other Expenses: 300
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 14,235

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 10, 2018
Sold by
Bought by
Seller's Agent
Richard Oudeh
Century 21 Circle
Buyer's Agent
Gary Lucido
Lucid Realty, Inc.
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 12, 2018
Closed on
Feb 20, 2018
Sold by
Bought by
Seller's Agent
Dave Shalabi
RE/MAX 10
Buyer's Agent
Richard Oudeh
Century 21 Circle
List Price
$300,000
Sold Price
$253,000
Premium/Discount to List
-$47,000
-15.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.84%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Midlothian, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pro Title
$480,000 Fidelity National Title
$506,000 Greater Illinois Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $300,000
Previous Owner $360,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2018 10/18/18 Sold $480,000 -1.8% --
09/01/2018 09/01/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $489,000 +93.3% --
02/21/2018 02/21/18 Sold $253,000 -15.7% -- View Prior Sale
01/26/2018 01/26/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $300,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,731 $41,565 $2,680 $38,885
2024 $15,731 $41,565 $2,680 $38,885
2023 $17,897 $41,565 $2,680 $38,885
2022 $17,897 $38,092 $2,345 $35,747
2021 $17,206 $38,091 $2,345 $35,746
2020 $16,385 $38,091 $2,345 $35,746
2019 $17,232 $39,674 $2,177 $37,497
2018 $16,959 $39,674 $2,177 $37,497
2017 $16,972 $41,196 $2,177 $39,019
2016 $14,235 $33,179 $1,842 $31,337
2015 $13,918 $33,179 $1,842 $31,337
2014 $15,052 $36,974 $1,842 $35,132
2013 $12,098 $33,071 $1,842 $31,229
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10062686

Midwest Real Estate Data (MRED)
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