$290,000
SOLD APR 25, 2018

14733 Kilpatrick Ave Midlothian, IL 60445

9 Beds
5 Baths
-- Sq Ft
9,148 Sq Ft Lot

Recently Sold

3% Below List Price

8 Days on Market

Highlights

  • Balcony
  • Oak Forest High School Rated A-
  • Patio

About This Home

As of March 2022

This is a great investment opportunity! CAP rate is 7.1% Well maintained 4-unit in well sought after Oak Forest School District. The second level units have been recently updated with espresso vinyl floors (hardwood look), as well as updated flooring in the kitchen and updated bathrooms. Sump pump and hot water tank replaced in 2017. Coin laundry in basement for additional cash flow. This 4 flat has easy access to I-294, I-57, and I-80.

Last Agent to Sell the Property

Angelika Legacy

Keller Williams Preferred Rlty

Last Buyer's Agent

Harriet Kubicz

HomeSmart Realty Group License #471020838

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,789

Year Built

  • Built in 1979

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 9 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • 9,148 Sq Ft Lot

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $46,216
  • Net Operating Income $21,299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,789

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1979
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 5

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 300000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 9
  • Number of Cars: 9
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 24917

Schools

  • Middle/Junior School District: 228

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 9490 SQ FEET
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 21299
  • GrossIncome: 46216
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 11788.58
  • Tax Year: 2016
  • Tax Exemptions: None

Map

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $440,000 -2.2% --
02/07/2022 02/07/22 For Sale $450,000 +55.2% --
02/04/2022 02/04/22 Pending -- -- --
04/25/2018 04/25/18 Sold $290,000 -3.3% --
03/17/2018 03/17/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $300,000 +11.1% --
06/06/2014 06/06/14 Sold $270,000 -7.7% --
05/05/2014 05/05/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $292,500 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 09879031

Midwest Real Estate Data (MRED)