Estimated payment $5,552/month
Highlights
- Laundry Room
- Wood Siding
- Heating Available
About This Home
Very low operating expenses due to all electric building (tenants pay their own heat and hot water) & low Monee taxes! Excellent 6 unit investment opportunity featuring six 2 bedroom, 1 bath units. This well maintained building has seen many recent updates, with several units rehabbed with newer cabinets, countertops, appliances, flooring, windows and more. New roof in 2018. The property is all electric with heat and hot water paid by tenants, keeping operating expenses low and predictable. There are 7 water heaters, 2 sump pumps, and a fire alarm system connected directly to the fire department. Additional income is generated from the coin operated washer and dryer. Parking is available in both the front and rear of the building, and the property sits on a large yard in a residential neighborhood. Conveniently located near restaurants, shopping, a dollar store, and approximately 2 miles from Amazon within the booming Monee community (new Starbucks and Tractor Supply among other new developments). Strong cash flow potential with low expenses. Owner is a licensed real estate agent.
Listing Agent
Landmark Property Management, Inc. License #471018434 Listed on: 03/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,165
Year Built
- Built in 1980
Lot Details
- 12,500 Sq Ft Lot
- Lot Dimensions are 40 x 160
- Property fronts an alley
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Wood Siding
Interior Spaces
- 6,984 Sq Ft Home
- 2-Story Property
- Laundry Room
Utilities
- Window Unit Cooling System
- Heating Available
- Cable TV Available
Listing and Financial Details
- The owner pays for snow removal, trash collection, water
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $655
- Insurance Expense $3,600
- Maintenance Expense $3,600
- Trash Expense $1,125
- Water Sewer Expense $1,047
- Operating Expense $19,852
- Gross Income $92,100
- Net Operating Income $72,847
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,165 | $87,880 | $17,791 | $70,089 |
| 2023 | $9,165 | $87,880 | $17,791 | $70,089 |
| 2022 | $9,513 | $80,550 | $15,650 | $64,900 |
| 2021 | $9,999 | $80,550 | $15,650 | $64,900 |
| 2020 | $10,325 | $80,550 | $15,650 | $64,900 |
| 2019 | $10,620 | $80,550 | $15,650 | $64,900 |
| 2018 | $11,046 | $82,550 | $15,650 | $66,900 |
| 2017 | $11,309 | $82,550 | $15,650 | $66,900 |
| 2016 | $11,520 | $82,550 | $15,650 | $66,900 |
| 2015 | $11,284 | $82,550 | $15,650 | $66,900 |
| 2014 | $11,284 | $82,550 | $15,650 | $66,900 |
| 2013 | $11,284 | $86,050 | $15,650 | $70,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $895,900 | +108.3% | $128 / Sq Ft | |
| 05/19/2021 05/19/21 | Sold | $430,000 | 0.0% | -- | View Prior Sale |
| 03/30/2021 03/30/21 | Off Market | $430,000 | -- | -- | |
| 02/24/2021 02/24/21 | Pending | -- | -- | -- | |
| 02/08/2021 02/08/21 | For Sale | $450,000 | +4.7% | -- | |
| 01/30/2021 01/30/21 | Off Market | $430,000 | -- | -- | |
| 11/04/2020 11/04/20 | For Sale | $450,000 | 0.0% | -- | |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- | |
| 10/09/2020 10/09/20 | For Sale | $450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $430,000 | Chicago Title | |
| Deed | $400,000 | -- | |
| Trustee Deed | $180,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $645,000 | Commercial | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $135,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12604702
APN: 21-14-21-336-014
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.
Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
- 5418 W Margaret St
- Lot 4 S Governors Hwy
- 5332 W Mulberry Ln
- 25836 S Linden Ave
- 5320 W Orchard Trail
- 5221 W Mulberry Ln
- 5125 W Margaret St
- 4942 W Ribbon Ct
- 5110 Fairground Ct
- 5103 W Park Ln
- 25727 S Mccorkle Ave
- 5603 W Von Ave Unit D
- 25807 S Doral Dr
- 25731 S Hoover St
- 25801 S Sunrise Ct
- 26616 S Egyptian Trail
- 25530 Shinnecock Dr
- 6006 W Carter Ct
- 5531 W Hilltop Rd
- 25604 S Medinah Dr Unit 391
- 5543 W Margaret St Unit B
- 25701 S Truman St
- 25729 S Sunrise Dr
- 4825 Colonial Dr Unit 219
- 4702 W Iris Ln
- 818 Sandra Dr Unit 818 Sandra Dr
- 701 Sandra Dr
- 759 Burr Oak Ln
- 4791 Hickory Creek Dr
- 733 Union Dr
- 4522 Heartland Dr
- 5265 Arquilla Dr
- 22600 Amy Dr
- 194 Monee Rd
- 100 Cedar Ridge Ln
- 45 Swan Ln Unit 45SWAN
- 22501 Butterfield Rd
- 3 Swan Ln Unit 3SWAN
- 8 Drake Ln Unit 8DRAK
- 140 Flamingo Dr Unit 140FLAM
Ask me questions while you tour the home.