Seller's Agent in 2022
Brad Vinson
Keller Williams Preferred Rlty
(312) 241-4547
16959 Bulger Ave Hazel Crest, IL 60429
Hazel Crest Proper NeighborhoodEstimated Value: $148,000 - $213,000
3
Beds
3
Baths
773
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Heating System Uses Natural Gas
- 3-minute walk to Lions Field
- 1-Story Property
About This Home
As of September 2022Rare find! Two homes for the price of one, on one lot. Large, well-maintained HOME and charming COTTAGE in back, which can be used for related living or legal rental unit. The experienced investor could rent both units for a total income of $2000 to $2400/month. The HOME is a large well maintained 2 bed, 1 bath, with dining room, living room, and partially finished basement. It also has an extra-large two car garage in excellent condition and a fenced in backyard with patio. Over the past 3 years the HOME has: New carpet, New vinyl flooring in kitchen, bath, front porch, and basement. Bathroom remodeled with new vanity and ceramic tile on walls. Improvements in 2022 include: freshly painted bedroom walls, doors, and trim throughout, New electric trim throughout. Two new efficient window A/C units installed. The HOME has been inspected annually by the village, and by HACC/Section 8 for the past 13 years. It is currently vacant by design to provide the opportunity for an owner/occupant or for the new owner to place their tenant in the home. The HOME was recently rented for $1300. It is ready to pass another section 8 inspection. Section 8 is currently paying $1500 for two bed homes in Hazel Crest. Additionally, the basement could provide extra space to add two more bedrooms if desired. The COTTAGE is a 3-room studio on the same property. It includes a kitchen, living/bedroom combo, and bathroom. It is currently rented for $585 on a month-to-month basis to a market tenant. The tenant has been there for 4 years and he has expressed a desire to stay. He would like to extend his lease if allowed. Section 8 pays approx $900 for studio apartments in Hazel Crest. The COTTAGE is approved for separate living by the village. All the rehabs were permitted and inspected. It has passed all annual inspections as a rental home. It has its own new ComEd electric service and meter. It has electric baseboard heat, window A/C, and shares a common water line with the HOME. There is no Gas in the cottage. The owner pays for water and the tenants pays their own utilities. The HOME and Cottage BOTH recently passed village inspections in July 2022. New complete tear off roof on cottage being installed by 8/10 that comes with a 10-year warranty on labor and Manufacturer Limited Lifetime Warranty on shingles. Must see inside to appreciate. This is a well-maintained cash flow property. Property qualifies for a $5,000 grant through Chase.
Last Listed By
Brad Vinson
Keller Williams Preferred Rlty License #475160093 Listed on: 07/02/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,271
Year Built
- Built in 1946
Lot Details
- Lot Dimensions are 50x170
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Space is Owned
Home Design
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
- Orchard Ridge Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2009
Sold by
Fannie Mae
Bought by
Mkrs Investments Llc
Total Days on Market
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 3, 2008
Sold by
Mondy Ralph
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 30, 2005
Sold by
Mondy Ralph
Bought by
Independent Capital Investments Llc
Purchase Details
Closed on
May 24, 2005
Sold by
Moczynski David W and Moczynski Kimberly J
Bought by
Mondy Ralph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mkrs Investments Llc | -- | Git | |
| Federal National Mortgage Association | -- | None Available | |
| Independent Capital Investments Llc | -- | -- | |
| Mondy Ralph | $103,000 | Stewart Title Of Illinois |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Mkrs Investments Llc | $549,500 | |
| Closed | Mkrs Investments Llc | $82,357 | |
| Closed | Mkrs Investments Llc | $38,400 | |
| Previous Owner | Mondy Ralph | $82,400 | |
| Previous Owner | Mondy Ralph | $15,400 | |
| Previous Owner | Moczynski David W | $96,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2022 09/19/22 | Sold | $145,000 | -3.2% | $188 / Sq Ft |
| 08/09/2022 08/09/22 | Pending | -- | -- | -- |
| 07/18/2022 07/18/22 | Price Changed | $149,800 | -3.2% | $194 / Sq Ft |
| 07/02/2022 07/02/22 | For Sale | $154,800 | 0.0% | $200 / Sq Ft |
| 07/01/2019 07/01/19 | Rented | $1,215 | -6.5% | -- |
| 06/19/2019 06/19/19 | Under Contract | -- | -- | -- |
| 05/30/2019 05/30/19 | Price Changed | $1,300 | -3.7% | $1 / Sq Ft |
| 05/22/2019 05/22/19 | For Rent | $1,350 | 0.0% | -- |
| 05/09/2019 05/09/19 | Under Contract | -- | -- | -- |
| 03/19/2019 03/19/19 | For Rent | $1,350 | +3.8% | -- |
| 12/26/2016 12/26/16 | Rented | $1,300 | +20.9% | -- |
| 11/08/2016 11/08/16 | Under Contract | -- | -- | -- |
| 11/01/2016 11/01/16 | For Rent | $1,075 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,881 | $16,000 | $2,170 | $13,830 |
| 2023 | $6,881 | $16,000 | $2,170 | $13,830 |
| 2022 | $6,881 | $7,949 | $1,860 | $6,089 |
| 2021 | $6,688 | $7,948 | $1,860 | $6,088 |
| 2020 | $7,205 | $9,132 | $1,860 | $7,272 |
| 2019 | $5,069 | $6,482 | $1,705 | $4,777 |
| 2018 | $4,933 | $6,482 | $1,705 | $4,777 |
| 2017 | $4,773 | $6,482 | $1,705 | $4,777 |
| 2016 | $4,167 | $6,166 | $1,550 | $4,616 |
| 2015 | $4,566 | $6,963 | $1,550 | $5,413 |
| 2014 | $4,508 | $6,963 | $1,550 | $5,413 |
| 2013 | $3,471 | $5,877 | $1,550 | $4,327 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sharon Vinson
Seller Co-Listing Agent in 2022
Sharon Vinson
Keller Williams Preferred Rlty
(815) 260-9546
2 in this area
33 Total Sales
-
Raeann Gist
R
Buyer's Agent in 2022
Raeann Gist
Real People Realty
(773) 996-4239
2 in this area
4 Total Sales
-
Mitra Fallah
M
Seller's Agent in 2019
Mitra Fallah
Fairview Realty Group Ltd.
(708) 957-3500
-
Hadi Fallah
H
Seller's Agent in 2016
Hadi Fallah
Fairview Realty Group Ltd.
(708) 377-6279
12 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11453238
APN: 29-30-122-050-0000
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