NOT LISTED FOR SALE

14642 Keystone Ave Midlothian, IL 60445

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

Last Sold June 21, 2024

Last sale price $595,000

7 Days on Market

About This Home

As of June 2024

Great opportunity for investors to own a 6 unit beautiful brick building. Fully occupied with cash flow! 5 unit two bedrooms 1 bath and one unit 1 bedroom 1 bath. Coin washer and dryer. Great neighborhood, location and close to Metra and shopping centers! This is one you don't want to miss.

Last Agent to Sell the Property

Richard Oudeh

Century 21 Circle License #475170269 Listed on: 02/15/2024

Century 21 Circle

Co-Listed By

Maya Oudeh

Century 21 Circle License #475209679

Last Buyer's Agent

Lisa Keating

Century 21 Circle License #471001219

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,500

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 48x132

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $455
  • Fuel Expense $7,260
  • Insurance Expense $4,200
  • Maintenance Expense $500
  • Other Expense $500
  • Trash Expense $1,875
  • Water Sewer Expense $5,150
  • Operating Expense $39,940
  • Gross Income $90,000
  • Net Operating Income $51,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,500

Year Built

Built in 1962

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Hi-Rise
  • Stories: 3
  • Year Built: 1962
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Room: 0

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Wall Unit

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1875
  • Water Sewer Expenses: 5150

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 48X132
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 51560
  • Fuel Expense: 7260
  • Insurance Expense: 4200
  • ElectricExpense: 455
  • GrossIncome: 90000
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 39940
  • Type Multi-Family: Hi-Rise

Tax Info

  • Tax Annual Amount: 16500
  • Tax Year: 2021
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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 List to Sale Price per Sq Ft Prior Sale
06/21/2024 06/21/24 Sold $595,000 0.0% --
02/24/2024 02/24/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $595,000 +46.9% --
02/14/2022 02/14/22 Sold $405,000 -10.0% -- View Prior Sale
01/05/2022 01/05/22 Pending -- -- --
08/10/2021 08/10/21 For Sale $450,000 -- --
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 $15,517 $41,000 $2,680 $38,320
2024 $15,517 $41,000 $2,680 $38,320
2023 $16,557 $41,000 $2,680 $38,320
2022 $16,557 $35,239 $2,345 $32,894
2021 $15,917 $35,239 $2,345 $32,894
2020 $18,319 $42,586 $2,345 $40,241
2019 $15,991 $36,816 $2,177 $34,639
2018 $16,877 $39,481 $2,177 $37,304
2017 $16,266 $39,481 $2,177 $37,304
2016 $14,850 $34,614 $1,842 $32,772
2015 $14,520 $34,614 $1,842 $32,772
2014 $14,092 $34,614 $1,842 $32,772
2013 $12,408 $33,918 $1,842 $32,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11976634

Midwest Real Estate Data (MRED)
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