$740,000
SOLD DEC 4, 2025

14647 Lamon Ave Midlothian, IL 60445

-- Bed
-- Bath
-- Sq Ft
9,583 Sq Ft Lot

Recently Sold

1% Below List Price

6 Days on Market

About This Home

As of December 2025

OAK FOREST SCHOOL DISTRICT - 1 (3BED/2BATH With Basement) & 5 (2BED/1.5Baths) Units. New Roof, Parking Lot, Boiler, Water Heater. Rents are under market with major upside. Tenants Pay Electric, Landlord Pays Boiler Heat, Water, Common Electric, Garbage. Located right off the intersection of 147th & Cicero Ave.

Last Agent to Sell the Property

Anthony Spangler

Horvath & Tremblay IL, LLC License #475173833 Listed on: 09/24/2025

Last Buyer's Agent

Anthony Spangler

Horvath & Tremblay IL, LLC License #475173833 Listed on: 09/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,800

Year Built

  • Built in 1978

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 125x75
  • Additional Parcels

Interior Spaces

  • 3-Story Property

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Radiant Heating System

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,000
  • Fuel Expense $4,000
  • Insurance Expense $7,257
  • Maintenance Expense $2,500
  • Other Expense $1,500
  • Trash Expense $2,000
  • Water Sewer Expense $6,500
  • Operating Expense $43,557
  • Gross Income $103,860
  • Net Operating Income $61,323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,800

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance,Flats
  • Stories: 3
  • Year Built: 1978
  • Built Before 1978 (Y/N): No
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: Gas,Baseboard,Radiant

Fee Information

  • Trash Expense: 2000
  • Water Sewer Expenses: 6500

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.22
  • Lot Dimensions: 125x75

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 61323
  • Fuel Expense: 4000
  • Insurance Expense: 7257
  • ElectricExpense: 1000
  • GrossIncome: 103860
  • Maintenance Expense: 2500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 43557
  • Type Multi-Family: Corridor-Interior Entrance,Flats

Tax Info

  • Tax Annual Amount: 18800
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2025
Closed on
Nov 28, 2025
Sold by
Mk Group Llc 14647 Lamon
Bought by
Wsol Wojciech and Toczek Cristine
Seller's Agent
Anthony Spangler
Horvath & Tremblay IL, LLC
Buyer's Agent
Anthony Spangler
Horvath & Tremblay IL, LLC
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.91%
Original Mortgage
$1,110,000
Outstanding Balance
$1,097,242
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$821,909

Purchase Details

Closed on
Jun 16, 2017
Sold by
Bernal Peter and Bernal Jennifer A
Bought by
Mk Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
4.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bernal Peter

Purchase Details

Closed on
Dec 10, 2010
Sold by
Palmo Jack
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 16, 2007
Sold by
Lamon Investments Llc
Bought by
Palmo Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.71%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $740,000 None Listed On Document
Warranty Deed $740,000 None Listed On Document
Warranty Deed $177,000 Old Republic Title
Warranty Deed $177,000 Old Republic Title
Special Warranty Deed $30,000 Attorneys Title Guaranty Fun
Special Warranty Deed $30,000 Attorneys Title Guaranty Fun
Legal Action Court Order -- None Available
Legal Action Court Order -- None Available
Warranty Deed $145,000 Pntn
Warranty Deed $145,000 Pntn
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,110,000 Credit Line Revolving
Previous Owner $388,000 Commercial
Previous Owner $145,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 Sold $740,000 -1.3% --
09/30/2025 09/30/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $750,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12480119

Midwest Real Estate Data (MRED)

APN: 28-09-206-038-1001