NOT LISTED FOR SALE

15710 Lake Dr Oak Forest, IL 60452

Oak Forest Area
-- Bed
-- Bath
-- Sq Ft
1978 Built

Sale Details

Date Sold: August 30, 2022

Last sale price $639,500

16 Days on Market

Highlights

  • Central Heating
  • Baseboard Heating
  • Heating System Uses Steam
  • Oak Forest High School Rated A-

About This Home

As of August 2022

GREAT INVESTMENT OPPORTUNITY! FIVE 2 BEDROOMS 1BATH UNITS AND ONE 1 BEDROOM 1 BATH UNIT. THE BUILDING IS IN A GREAT SHAPE. GOOD TENANTS.

Last Agent to Sell the Property

Adam Smolen

Sell Smart Realty Group Inc. License #471022644 Listed on: 06/22/2022

Sell Smart Realty Group Inc.

Last Buyer's Agent

Christina Stavropoulos

HomeSmart Realty Group License #475171681

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,564

Year Built

  • Built in 1978

Parking

  • 6 Parking Spaces

Utilities

  • Central Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam

Additional Features

  • 3-Story Property
  • Lot Dimensions are 54x54

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $570
  • Fuel Expense $2,636
  • Insurance Expense $1,822
  • Other Expense $9,600
  • Water Sewer Expense $2,072
  • Operating Expense $31,625
  • Gross Income $88,560
  • Net Operating Income $58,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,564

Year Built

Built in 1978

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 3
  • Year Built: 1978
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Garage/Parking

  • ParkingTotal: 6

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water,Steam,Baseboard

Fee Information

  • Water Sewer Expenses: 2072

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 54X54
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 58735
  • Fuel Expense: 2636
  • Insurance Expense: 1822
  • ElectricExpense: 570
  • GrossIncome: 88560
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 31625
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 17564
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Aug 30, 2022
Sold by
Bought by
Seller's Agent
Adam Smolen
Sell Smart Realty Group Inc.
Buyer's Agent
Christina Stavropoulos
HomeSmart Realty Group
List Price
$649,900
Sold Price
$639,500
Premium/Discount to List
-$10,400
-1.6%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,600
Interest Rate
0.0576%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
0.0267%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 1, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$639,500 Old Republic Title
$475,000 Chicago Title
$338,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $511,600
Previous Owner $356,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2022 08/30/22 Sold $639,500 -1.6% --
07/09/2022 07/09/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $649,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $20,976 $50,723 $1,692 $49,031
2024 $20,976 $50,723 $1,692 $49,031
2023 $16,088 $58,000 $1,692 $56,308
2022 $16,088 $34,536 $1,472 $33,064
2021 $16,564 $36,458 $1,471 $34,987
2020 $17,565 $40,100 $1,471 $38,629
2019 $16,680 $37,172 $1,324 $35,848
2018 $16,313 $37,172 $1,324 $35,848
2017 $18,033 $41,282 $1,324 $39,958
2016 $14,665 $32,318 $1,177 $31,141
2015 $14,247 $32,318 $1,177 $31,141
2014 $15,619 $36,331 $1,177 $35,154
2013 $12,870 $33,600 $1,177 $32,423
Source: Public Records

Agents Affiliated with this Home

  • Adam Smolen

    Seller's Agent in 2022

    Adam Smolen

    Sell Smart Realty Group Inc.

    (847) 962-8756

    144 Total Sales

    Adam Smolen
    Section Image

  • C

    Buyer's Agent in 2022

    Christina Stavropoulos

    HomeSmart Realty Group

    (708) 921-1035

    9 Total Sales

    Christina Stavropoulos
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11442604

Midwest Real Estate Data (MRED)

APN: 28-17-413-040

Illinois Cook County Oak Forest 60452

15710 Lake Dr, Oak Forest, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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