Seller's Agent in 2025
Deanna Mihalek
Baird Warner
(630) 362-0264
1 in this area
166 Total Sales
14724 Turner Ave Midlothian, IL 60445
--
Bed
--
Bath
8,000
Sq Ft
0.43
Acres
Highlights
- 18,700 Sq Ft lot
- Forced Air Heating System
- 4-minute walk to Sundrop Prairie Nature Preserve
About This Home
As of July 2025Turnkey 5-Unit Townhome Investment - No Vacancy~Prime investment opportunity in this fully occupied 5-unit property in Midlothian, IL, offers immediate cash flow with strong rental demand. Each spacious 2-story unit features 4 bedrooms, 2 bathrooms, an eat-in kitchen, a large living room, and an in-unit laundry room. Key Highlights: Fully Occupied, No Association Fees - Maximizing investor returns, 6 Separate PINs - One for each unit + parking lot, Low Maintenance - All systems in working order Strong Rental Market - Room for Increased rents comparing to other rentals in the area. This is a rare opportunity to own a well-maintained, income-producing property in a desirable rental market. Perfect for investors seeking steady cash flow and minimal expenses. Don't miss out-schedule a showing today!
Last Agent to Sell the Property
Baird & Warner License #475132136 Listed on: 03/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,377
Year Built
- Built in 1962
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 100 x 187
- Additional Parcels
Parking
- 6 to 12 Parking Spaces
Home Design
- Gable Roof Shape
- Brick Exterior Construction
- Composition Roof
- Fiberglass Roof
Interior Spaces
- 8,000 Sq Ft Home
- 2-Story Property
- Carbon Monoxide Detectors
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- 100 Amp Service
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 5 Units
Building Details
- Insurance Expense $3,934
- Maintenance Expense $5,299
- Other Expense $4,196
- Water Sewer Expense $8,181
- Operating Expense $38,987
- Gross Income $83,073
- Net Operating Income $44,086
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2025
Closed on
Aug 4, 2025
Sold by
Villegas Investment Properties Llc
Bought by
147 Turner Llc
Seller's Agent
Deanna Mihalek
Baird & Warner
Buyer's Agent
Jose Tovar
RE/MAX 10
List Price
$500,000
Sold Price
$488,000
Premium/Discount to List
-$12,000
-2.4%
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-72.80%
Original Mortgage
$366,000
Outstanding Balance
$360,863
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$10,410
Purchase Details
Listed on
Jul 4, 2019
Closed on
Oct 1, 2019
Sold by
Garg Realty Ivestmens Llc L
Bought by
Villege Investment Properties Llc
Seller's Agent
Dennis Toomey
RE/MAX Action
Buyer's Agent
Erika Villegas
Re/Max In The Village
List Price
$425,000
Sold Price
$382,500
Premium/Discount to List
-$42,500
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Purchase Details
Closed on
Feb 10, 2016
Sold by
Klimson Robert and Klimson Lee Anne
Bought by
Garg Realty Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.44%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $382,500 | Stewart Title | |
| Warranty Deed | $357,500 | Attorneys Title Guaranty Fun |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $366,000 | New Conventional | |
| Previous Owner | $100,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/24/2025 07/24/25 | Sold | $488,000 | -2.4% | $61 / Sq Ft | |
| 04/16/2025 04/16/25 | Pending | -- | -- | -- | |
| 03/17/2025 03/17/25 | For Sale | $500,000 | 0.0% | $63 / Sq Ft | |
| 03/06/2025 03/06/25 | For Sale | $500,000 | +30.7% | $63 / Sq Ft | |
| 10/01/2019 10/01/19 | Sold | $382,500 | -10.0% | -- | View Prior Sale |
| 08/06/2019 08/06/19 | Pending | -- | -- | -- | |
| 07/04/2019 07/04/19 | For Sale | $425,000 | +18.9% | -- | |
| 10/07/2016 10/07/16 | Sold | $357,500 | -9.5% | $45 / Sq Ft | View Prior Sale |
| 09/17/2016 09/17/16 | Pending | -- | -- | -- | |
| 06/09/2016 06/09/16 | For Sale | $395,000 | -- | $49 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,541 | $12,000 | $989 | $11,011 |
| 2023 | $3,230 | $12,000 | $989 | $11,011 |
| 2022 | $3,230 | $6,876 | $848 | $6,028 |
| 2021 | $3,105 | $6,875 | $847 | $6,028 |
| 2020 | $2,957 | $6,875 | $847 | $6,028 |
| 2019 | $2,670 | $6,147 | $776 | $5,371 |
| 2018 | $2,777 | $6,496 | $776 | $5,720 |
| 2017 | $2,676 | $6,496 | $776 | $5,720 |
| 2016 | $2,145 | $5,000 | $706 | $4,294 |
| 2015 | $2,098 | $5,000 | $706 | $4,294 |
| 2014 | $2,036 | $5,000 | $706 | $4,294 |
| 2013 | $2,340 | $6,397 | $706 | $5,691 |
Source: Public Records
Agents Affiliated with this Home
-
Deanna Mihalek
-
Jose Tovar
Buyer's Agent in 2025
Jose Tovar
RE/MAX
(708) 574-1114
2 in this area
86 Total Sales
-
Dennis Toomey
Seller's Agent in 2019
Dennis Toomey
RE/MAX
(847) 338-0180
91 Total Sales
-
Erika Villegas
Buyer's Agent in 2019
Erika Villegas
RE/MAX
(630) 844-2100
1 in this area
264 Total Sales
-
John Gillespie
Seller's Agent in 2016
John Gillespie
RE/MAX
(630) 514-7147
45 Total Sales
-
Karen Alexa-Gillespie
Seller Co-Listing Agent in 2016
Karen Alexa-Gillespie
RE/MAX
(630) 514-7154
50 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12284298
APN: 28-11-408-070-0000
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