NOT LISTED FOR SALE

16733 Forest Ave Oak Forest, IL 60452

20 Beds
12 Baths
-- Sq Ft
1978 Built

Sale Details

Date Sold: February 1, 2013

Last sale price $785,000 $0 Per Sq Ft

28 Days on Market

About This Home

As of February 2013

The properties consist of two one-bedroom/one-bathroom, eight two-bedroom/one bathroom and one large two-bedroom/two-bathroom units measuring approximately 700, 850 and 1,350 square feet respectively. Many recent capital improvements, including tear-off roofs and hot water heaters. Great opportunity for an investor to acquire an asset in a great location with value added upside. Two Buildings next to one another.

Last Agent to Sell the Property

Jordan Apostolov

Equity Real Estate Group Inc License #471019532 Listed on: 08/23/2012

Last Buyer's Agent

Jordan Apostolov

Equity Real Estate Group Inc License #471019532 Listed on: 08/23/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $9,812
  • Insurance Expense $4,314

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1978

Listing Details

  • Zoning Type: MULTI
  • Estimated Age: 16-25 Years
  • Net Operating Income Year: 2011
  • Net Oper Income: 53898
  • Repairs Decor Expense: 3300
  • Scavenger Expense: 1960
  • Total Annual Exp: 53898
  • Total Annual Income: 117840
  • Total Monthly Income: 9820
  • Number Of Stories: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1978

Garage/Parking

  • Indoor Parking: 6-12 Spaces
  • Number Of Parking Spaces: 23

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Gas, Hot Water, Baseboard
  • Water Expense: 1500

Condo/Co-op/Association

  • Units in Building: 12

Fee Information

  • Electricity Expense: 1058
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 5500

Lot Info

  • Lot Dimensions: 190X172
  • Lot Sq Ft: 32760

Rental Info

  • Gross Rental Income: 11784
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2011
  • Fuel Expense: 9812
  • Gross Rent Multiplier: 7.15
  • Insurance Expense: 4314
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
02/01/2013 02/01/13 Sold $785,000 -1.9% --
09/20/2012 09/20/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $800,000 -- --
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 $20,253 $56,000 $9,009 $46,991
2024 $20,253 $56,000 $9,009 $46,991
2023 $19,914 $56,000 $9,009 $46,991
2022 $19,914 $42,752 $7,781 $34,971
2021 $19,423 $42,750 $7,780 $34,970
2020 $19,620 $44,792 $7,780 $37,012
2019 $21,107 $47,038 $6,961 $40,077
2018 $20,643 $47,038 $6,961 $40,077
2017 $20,547 $47,038 $6,961 $40,077
2016 $17,588 $38,758 $6,142 $32,616
2015 $17,086 $38,758 $6,142 $32,616
2014 $16,663 $38,758 $6,142 $32,616
2013 $14,761 $38,537 $6,142 $32,395
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08144059

Midwest Real Estate Data (MRED)
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