NOT LISTED FOR SALE
51 Beds
26 Baths
-- Sq Ft
0.3 Acres

Last Sold April 26, 2019

Last sale price $712,500

25 Days on Market

About This Home

As of April 2019

Beautifully maintained, fully occupied 6 unit building with fantastic investment opportunity! Roof & Intercom System - 1 year old, Furnace & Water Heater - few months old. Newer roof, boiler, intercom system, driveway, and remodeled units! Amazing Orland Park location with great rental potential. Building backs up to an amazing pond view. Only one unit will be shown during first visit.

Last Agent to Sell the Property

Dave Shalabi

RE/MAX 10 License #475122242 Listed on: 02/08/2019

RE/MAX 10

Last Buyer's Agent

Brian Solner

RE/MAX 1st Service License #475132723

RE/MAX 1st Service

Property Details

Home Type

  • Multi-Family

Year Built

  • 1982

Lot Details

  • 0.3

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $3,000
  • Insurance Expense $1,500

Listing and Financial Details

  • Tenant pays for electric
  • $2,500 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1982

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 54765
  • Repairs Decor Expense: 1200
  • Scavenger Expense: 1500
  • Total Annual Exp: 23595
  • Total Annual Income: 78360
  • Total Monthly Income: 5980
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1982
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1982

Interior Features

  • Total Fireplaces: 3

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.3

Garage/Parking

  • Number Of Parking Spaces: 13

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Hot Water
  • Water Expense: 1500

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 360

Lot Info

  • Lot Dimensions: 110X150
  • Parcel Identification Number: 27141100600000

Rental Info

  • Gross Rental Income: 75960
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 3000
  • Insurance Expense: 1500
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 14535

Range of Values:

Collateral Analytics

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ICE

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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 List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $712,500 -4.9% --
03/05/2019 03/05/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $749,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10268018

Midwest Real Estate Data (MRED)