Seller's Agent in 2023
Brian Reid
BF Realty, Inc
(312) 735-3130
22 Total Sales
1809 E 31st St La Grange Park, IL 60526
La Grange Park Area
14
Beds
7
Baths
--
Sq Ft
1955
Built
About This Home
As of October 2023PROPERTY UNDER CONTRACT BEFORE PRINT. This huge, outstanding well-kept brick 6-unit multifamily (5 units already built out) is waiting for the wise investor. The property consists of 5 huge units, two 3BR/2BA units, two 3BR/1BA units (that can be converted to 3BR/2BA units), and one 2-bedroom unit. Four of the units have individual heat & central air. New roof and new windows installed. There is a spacious, vacant basement with storage for each unit, and, a coin-operated washer & dryer. This large basement can be legally converted into the 6th unit 2BR/1BA (See additional documents from the city). A huge fenced in back yard, 8 private parking spaces, and a detached 4-car brick garage. Quiet residential area. A outstanding investment. A great value-add purchase. Great for an investor or live-in owner. A very high quality building! Rents are very low compared to market rents for the area due to long-term renters! Taxes are currently being challenged.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,076
Year Built
- Built in 1955
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 14 Bedrooms
- 7 Bathrooms
Utilities
- Central Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
Additional Features
- 2-Story Property
- Lot Dimensions are 100 x 125
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat, sewer
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $2,176
- Fuel Expense $1,045
- Insurance Expense $2,508
- Maintenance Expense $7,661
- Other Expense $500
- Trash Expense $4,494
- Water Sewer Expense $1,806
- Operating Expense $19,755
- Gross Income $97,464
- Net Operating Income $52,824
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
Aug 7, 2023
Closed on
Oct 10, 2023
Sold by
Bought by
Seller's Agent
Brian Reid
BF Realty, Inc
Buyer's Agent
Mira Bajic
RE/MAX Premier
List Price
$875,000
Sold Price
$859,000
Premium/Discount to List
-$16,000
-1.83%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,500
Interest Rate
0.0742%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 7, 2022
Sold by
Bought by
Purchase Details
Listed on
Jul 16, 2018
Closed on
Oct 31, 2018
Sold by
Bought by
Seller's Agent
James Tammaro
RE/MAX 10
Buyer's Agent
Vijay Puniani
BF Realty, Inc
List Price
$899,900
Sold Price
$815,000
Premium/Discount to List
-$84,900
-9.43%
Purchase Details
Closed on
Apr 24, 1999
Sold by
Bought by
Purchase Details
Closed on
May 17, 1996
Sold by
Bought by
Purchase Details
Closed on
Dec 30, 1993
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $859,000 | Citywide Title | ||
| -- | -- | ||
| $815,000 | Attorney | ||
| -- | -- | ||
| $443,000 | -- | ||
| $223,333 | -- |
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 | $429,500 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $859,000 | -1.8% | -- | |
| 08/07/2023 08/07/23 | Pending | -- | -- | -- | |
| 08/07/2023 08/07/23 | For Sale | $875,000 | +7.4% | -- | |
| 10/31/2018 10/31/18 | Sold | $815,000 | -5.2% | -- | View Prior Sale |
| 10/12/2018 10/12/18 | Pending | -- | -- | -- | |
| 09/02/2018 09/02/18 | Price Changed | $859,900 | -4.4% | -- | |
| 07/16/2018 07/16/18 | For Sale | $899,900 | -- | -- |
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 | $21,642 | $67,000 | $8,750 | $58,250 |
| 2024 | $21,642 | $67,000 | $8,750 | $58,250 |
| 2023 | $25,894 | $67,000 | $8,750 | $58,250 |
| 2022 | $25,894 | $68,560 | $7,500 | $61,060 |
| 2021 | $25,076 | $68,560 | $7,500 | $61,060 |
| 2020 | $24,411 | $68,560 | $7,500 | $61,060 |
| 2019 | $21,885 | $68,322 | $6,875 | $61,447 |
| 2018 | $10,681 | $68,322 | $6,875 | $61,447 |
| 2017 | $9,800 | $68,322 | $6,875 | $61,447 |
| 2016 | $13,213 | $40,500 | $6,250 | $34,250 |
| 2015 | $12,460 | $40,500 | $6,250 | $34,250 |
| 2014 | $12,303 | $40,500 | $6,250 | $34,250 |
| 2013 | $14,263 | $49,267 | $6,250 | $43,017 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Reid
-
Mira Bajic
M
Buyer's Agent in 2023
Mira Bajic
RE/MAX Premier
(708) 257-3593
21 Total Sales
-
James Tammaro
Seller's Agent in 2018
James Tammaro
RE/MAX 10
(708) 429-4300
29 Total Sales
-
V
Buyer's Agent in 2018
Vijay Puniani
BF Realty, Inc
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11852849
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.
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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