NOT LISTED FOR SALE

1515 E 31st St La Grange Park, IL 60526

8 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 22, 2021

Last sale price $630,000

11 Days on Market

Highlights

  • 4 Car Detached Garage
  • S. E. Gross Middle School Rated A-
  • Baseboard Heating

About This Home

As of July 2021

This building has been thoroughly updated and well maintained 4 unit building with detached 4 car garage, coin laundry, plus additional storage in basement. Three of the four units have been fully rehabbed with new bathrooms and kitchens with granite countertops and stainless steal appliances. Each unit is a two bedroom one bathroom with large bedrooms and living area. Cash flowing from day one! ***Due to the amount of showing requests, in respect to the tenants, we will be showing the building on Friday, 4/9, 4-6:30pm and Saturday, 4/10, 1-3pm. We will hold a highest and best due Sunday, 4/11, by noon. Thank you***

Last Agent to Sell the Property

Austin Frieder

Compass License #475165216 Listed on: 04/02/2021

Compass

Last Buyer's Agent

Nina Mediukh

United Real Estate - Chicago License #475188347

United Real Estate - Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,593

Year Built

  • Built in 1959 | Remodeled in 2016

Lot Details

  • 3,049

Parking

  • 4 Car Detached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Brook Park Elementary School
  • S E Gross Middle School
  • Riverside Brookfield Twp Senior High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 75x125
  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $2,115
  • Insurance Expense $2,397
  • Trash Expense $987
  • Gross Income $59,700
  • Net Operating Income $35,989

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,593

Year Built

Built in 1959 | Remodeled in 2016

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1959
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner,Garage/Space
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space
  • Room: 5

Exterior Features

  • List Price: 615000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 10
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Fee Information

  • Trash Expense: 987
  • Trash Expense Year: 2019

Schools

  • Elementary School: Brook Park Elementary School
  • High School: Riverside Brookfield Twp Senior
  • Middle/Junior School: S E Gross Middle School
  • Middle/Junior School District: 95

Lot Info

  • Lot Dimensions: 75X125
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Sewer,Water

Multi Family

  • Net Operating Income: 35989
  • Fuel Expense: 2115
  • Insurance Expense: 2397
  • GrossIncome: 59700
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 14593
  • Tax Year: 2019

Range of Values:

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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 Prior Sale
07/22/2021 07/22/21 Sold $630,000 +2.4% --
04/15/2021 04/15/21 For Sale -- -- --
04/13/2021 04/13/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $615,000 +49.6% --
03/29/2016 03/29/16 Sold $411,000 -3.7% -- View Prior Sale
02/02/2016 02/02/16 Pending -- -- --
01/12/2016 01/12/16 Price Changed $426,900 -0.7% --
12/11/2015 12/11/15 For Sale $429,900 -- --
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: 11040832

Midwest Real Estate Data (MRED)