NOT LISTED FOR SALE

2725 W 87th St Evergreen Park, IL 60805

10 Beds
6 Baths
2,100 Sq Ft
4,700 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $439,900 $209 Per Sq Ft

2 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Hot Water Heating System
  • Evergreen Park High School Rated A
  • Forced Air Heating System

About This Home

As of July 2023

Rare Investment Opportunity! Six unit multi-unit apartment building situated on the southeast corner of 87th and Fairfield in Evergreen Park! 4 Two Bedroom Units and 2 One Bedroom Units. Boiler is 3 years old, water heater is 1 year old and majority of stoves are new as well. Coin operated washer and dryer on premises. Property is being sold "AS IS", view one of the units and make offers subject to viewing the remaining units. Pre-qualify buyers and/or proof of funds letter prior to offer. Don't Miss your Chance!

Last Agent to Sell the Property

Bart Basinski

Real Broker, LLC License #475135477 Listed on: 07/05/2023

Real Broker, LLC

Last Buyer's Agent

Ubaldo Diaz

Real Broker, LLC License #475155656

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,061

Year Built

  • Built in 1960

Lot Details

  • 4,700 Sq Ft Lot
  • Lot Dimensions are 47 x 100
  • Corner Lot
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $400
  • Fuel Expense $4,600
  • Insurance Expense $2,600
  • Maintenance Expense $1,000
  • Other Expense $500
  • Trash Expense $1,020
  • Water Sewer Expense $4,800
  • Operating Expense $13,820
  • Gross Income $48,600
  • Net Operating Income $44,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,061

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1960
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Lock Box
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Possible Use: Commercial, Condominium, Multi-Family
  • Basement Description: Finished
  • Fire Protection: None
  • Misc Inside: Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 0
  • Ranges: 6
  • Number of Windows: 0
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 439900
  • Roof: Composition
  • Roof Structure: Pitched
  • Misc Outside: Enclosed Stairs,Storms and Screens (as exist)

Utilities

  • Cooling: None
  • Electric: Circuit Breakers, Fuses
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site
  • Heat/Ventilation: Central Bldg Heat,Central Heat/Indiv Controls,Forced Air,Gas,Hot Water

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 1020
  • Water Sewer Expenses: 4800
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 47 X 100
  • Lot Size Sq Ft: 4700
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Alternate Phone Number: (708) 277-5746

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 2100

Multi Family

  • Net Operating Income: 44980
  • Fuel Expense: 4600
  • Insurance Expense: 2600
  • ElectricExpense: 400
  • GrossIncome: 48600
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 13820
  • Expense Year: 2021
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 13061
  • Tax Year: 2021

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $439,900 0.0% $209 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $439,900 0.0% $209 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/09/2023 07/09/23 For Sale $439,900 -- $209 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bart Basinski

    Seller's Agent in 2023

    Bart Basinski

    Real Broker, LLC

    (217) 960-8605

    2 in this area

    106 Total Sales

    Bart Basinski
    Section Image
  • Ubaldo Diaz

    Buyer's Agent in 2023

    Ubaldo Diaz

    Real Broker, LLC

    (217) 960-8605

    1 in this area

    25 Total Sales

    Ubaldo Diaz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11823091

Midwest Real Estate Data (MRED)
Illinois Cook County Evergreen Park 60652

2725 W 87th St, Evergreen Park, IL

This home is located at 2725 W 87th St, Evergreen Park, IL 60805 since 05 July 2023. This property was built in 1960. 2725 W 87th St is a home located in Cook County with nearby schools including Northeast Elementary School, Central Jr High School, and Evergreen Park High School.

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