14631 Lamon Ave Midlothian, IL 60445
Estimated payment $5,624/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
|---|---|---|---|---|
| 06/24/2026 06/24/26 | Pending | -- | -- | -- |
| 06/18/2026 06/18/26 | For Sale | $750,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12681800
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Ask me questions while you tour the home.