NOT LISTED FOR SALE

Estimated Value: $200,000 - $204,505

8 Beds
6 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold April 21, 2022

Last sale price $500,000

Current estimated payment $1,370/month

5 Days on Market

Highlights

  • Balcony
  • 3 Car Detached Garage
  • Heating System Uses Steam
  • Virgil I Grissom Middle School Rated A-
  • Baseboard Heating

About This Home

As of April 2022

3 flat building in Tinley Park. 1st floor is 2 bedrooms, 2 bathrooms. 2nd floor is 3 bedrooms, 2 bathrooms. 3rd floor is 3 bedrooms, 1.1 bathrooms. There is a common laundry area on the 1st floor. Detached 3 car garage garage with additional parking in back. 2nd and 3rd floor are currently rented on month to month basis. Rents are below market. Family friends are the tenants. Third floor unit has some updates. These three units are titled as condo's. Was a 3 flat that was turned into condo's a number of years ago. No association. We are initially only showing vacant first floor 2 bedroom unit. Window air conditioners. Flexicore construction. Balcony in each unit.

Last Agent to Sell the Property

Jayne Schirmacher

Village Realty, Inc. License #471015464 Listed on: 01/19/2022

Village Realty, Inc.

Last Buyer's Agent

Rima Odeh

Better Homes & Gardens Real Estate License #475102798

Better Homes & Gardens Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,747

Year Built

  • Built in 1983

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 78.6x138.9
  • Additional Parcels

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,747

Year Built

Built in 1983

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 400000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Baseboard
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 140

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.24
  • Lot Dimensions: 78.6X138.9
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6747.17
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Apr 19, 2022
Sold by
First Midwest Bank
Bought by
Abdelrahman Ayah
Seller's Agent
Jayne Schirmacher
Village Realty, Inc.
Buyer's Agent
Rima Odeh
Better Homes & Gardens Real Estate
List Price
$400,000
Sold Price
$500,000
Premium/Discount to List
$100,000
25%
Current Estimated Value
$202,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$297,874
Avg. Annual Appreciation
-23.06%
Interest Rate
4.42%

Purchase Details

Closed on
Aug 28, 1995
Sold by
First National Bank Of Evergreen Park
Bought by
Lund Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
7.91%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Abdelrahman Ayah $500,000 Fidelity National Title
Lund Michael L $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Abdelrahman Ayah B --
Open Abdelrahman Ayah $375,000
Previous Owner Lund Michael L $63,200
Previous Owner Lund Michael L $50,000
Previous Owner Lund Michael L $60,000
Previous Owner Lund Michael L $72,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Sold $500,000 +25.0% --
01/25/2022 01/25/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $400,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $3,512 $12,650 $1,925 $10,725
2023 $2,142 $12,650 $1,925 $10,725
2022 $2,142 $9,429 $1,283 $8,146
2021 $2,104 $9,429 $1,283 $8,146
2020 $2,126 $9,429 $1,283 $8,146
2019 $2,371 $10,739 $1,203 $9,536
2018 $2,318 $10,739 $1,203 $9,536
2017 $2,275 $10,739 $1,203 $9,536
2016 $2,024 $8,591 $1,122 $7,469
2015 $1,961 $8,591 $1,122 $7,469
2014 $1,962 $8,591 $1,122 $7,469
2013 $2,689 $11,533 $1,122 $10,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11307450

Midwest Real Estate Data (MRED)

APN: 27-24-310-030-1001