$270,000
SOLD JUN 6, 2014

14733 Kilpatrick Ave Midlothian, IL 60445

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

Recently Sold

8% Below List Price

32 Days on Market

Highlights

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

About This Home

As of March 2022

At 8.8% CAP rate, this is a great investment opportunity! Well maintained 4-unit in well sought after Oak Forest School District. Near Cicero Ave with easy access to I-294, I-57, and I-80. Appliances and balconies recently replaced. New carpet in some units. Coin laundry in basement for additional cash flow.

Last Agent to Sell the Property

Daniel Haumann

Haumann Group, LLC License #471003486

Last Buyer's Agent

maggie klich

REALTYONE and Associates LLC License #475156735

REALTYONE and Associates LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,314

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

Unfinished Basement

  • Partial Basement

Parking

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

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $49,455
  • Net Operating Income $25,744

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,314

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
  • 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: 292500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 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 $: 23681

Schools

  • Middle/Junior School District: 228

Lot Info

  • Additional Parcels: No
  • 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: 25744
  • GrossIncome: 49455
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10314.37
  • Tax Year: 2012
  • 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: 08576919

Midwest Real Estate Data (MRED)