NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: April 11, 2024

Last sale price $301,000

4 Days on Market

Highlights

  • Screened Porch
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot
  • First Floor Utility Room
  • Shed
  • Heating Available

About This Home

As of April 2024

Great opportunity to own this cash flowing 2 unit. Both units are occupied with tenants that are month to month. Both units are in good condition with the first floor unit being fully updated in the past year. Oak Forest is an in demand rental market with vacancy rates very low. This is a great property to add to the portfolio or for the first time investor to create some passive income while occupying the space. Quiet block with a beautiful back yard as well as full two car garage.

Last Agent to Sell the Property

Kyle Plarski

Real Broker, LLC License #475197163 Listed on: 02/22/2024

Last Buyer's Agent

Valerie Shalati

Village Realty, Inc. License #471004224

Village Realty, Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,932

Year Built

  • Built in 1968

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Masonite

Interior Spaces

  • 2-Story Property
  • Screened Porch
  • First Floor Utility Room
  • Crawl Space
  • Storm Screens

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Shed
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,932

Year Built

Built in 1968

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Screened Porch, Utility Room-1st Floor, Utility Room-2nd Floor
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch, Porch Screened, Storms/Screens
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Masonite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8931.72
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

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
Feb 22, 2024
Closed on
Mar 20, 2024
Sold by
Bought by
Seller's Agent
Kyle Plarski
Real Broker, LLC
Buyer's Agent
Valerie Shalati
Village Realty, Inc.
List Price
$275,000
Sold Price
$301,000
Premium/Discount to List
$26,000
9.45%
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Outstanding Balance
$215,709
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2021
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
$202,500
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 28, 2017
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
$205,000
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Apr 29, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oak Forest, IL

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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
$301,000 Old Republic Title
-- Servicelink Llc
$205,000 First American Title
$115,000 --
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 $221,000
Previous Owner $202,500
Previous Owner $205,000
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
04/11/2024 04/11/24 Sold $301,000 +9.5% --
02/27/2024 02/27/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $275,000 -- --
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 $8,680 $24,000 $2,970 $21,030
2024 $8,680 $24,000 $2,970 $21,030
2023 $8,932 $24,000 $2,970 $21,030
2022 $8,932 $22,594 $2,640 $19,954
2021 $8,752 $22,594 $2,640 $19,954
2020 $8,538 $22,594 $2,640 $19,954
2019 $7,463 $20,061 $2,475 $17,586
2018 $6,542 $20,061 $2,475 $17,586
2017 $8,763 $20,061 $2,475 $17,586
2016 $5,557 $17,000 $2,310 $14,690
2015 $5,512 $17,000 $2,310 $14,690
2014 $5,416 $17,000 $2,310 $14,690
2013 $7,021 $20,961 $2,310 $18,651
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11986783

Midwest Real Estate Data (MRED)
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