$750,000

14631 Lamon Ave Midlothian, IL 60445

Estimated payment $5,617/month

Total Views 324
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Six unit multifamily that consists of six- 2Br, 1-Bath units. The building also has a full basement that includes a laundry room with one coin-op washer and one coin-op dryer. Each unit has a balcony. Located close to shopping, restaurant's and public transportation. Minutes away from I-57 and-I-294. A great addition to an investors portfolio or a first time multifamily buyer.

Listing Agent

James Tammaro

RE/MAX 10 License #475114220 Listed on: 06/18/2026

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,872

Year Built

  • Built in 1972

Utilities

  • Central Heating
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 76 x 125

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $406
  • Fuel Expense $2,811
  • Insurance Expense $5,225
  • Maintenance Expense $4,000
  • Manager Expense $6,000
  • Other Expense $800
  • Trash Expense $1,023
  • Water Sewer Expense $4,312
  • Operating Expense $44,399
  • Gross Income $103,200
  • Net Operating Income $60,801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,872

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • HabitableResidenceYN: No
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 6000
  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1023
  • Water Sewer Expenses: 4312

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 76 x 125

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 60801
  • Fuel Expense: 2811
  • Insurance Expense: 5225
  • ElectricExpense: 406
  • GrossIncome: 103200
  • Maintenance Expense: 4000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 44399
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18872
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $17,574 $49,000 $5,391 $43,609
2024 $17,574 $49,000 $5,391 $43,609
2023 $29,013 $49,000 $5,391 $43,609
2022 $29,013 $62,567 $4,688 $57,879
2021 $28,197 $62,565 $4,687 $57,878
2020 $27,028 $62,565 $4,687 $57,878
2019 $18,488 $42,469 $4,218 $38,251
2018 $18,118 $42,469 $4,218 $38,251
2017 $21,176 $51,218 $4,218 $47,000
2016 $16,454 $38,394 $3,750 $34,644
2015 $16,079 $38,394 $3,750 $34,644
2014 $19,534 $48,078 $3,750 $44,328
2013 $14,773 $40,877 $3,750 $37,127
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
06/18/2026 06/18/26 For Sale $750,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12681800

Midwest Real Estate Data (MRED)
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