NOT LISTED FOR SALE

2819 W 127th St Blue Island, IL 60406

4 Beds
4 Baths
-- Sq Ft
0.25 Acres

Last Sold February 28, 2022

Last sale price $314,500

3 Days on Market

About This Home

As of February 2022

Here is a great cash flow property, Brick & Stone 2 story 4 unit with 4 nice sized 1 bedroom apartments, the building is in great condition with many updated in 2017. Apartments are all electric so tenants pay for heat and electric building heat, a/c, flooring, appliances, paved parking, etc. were updated in 207 windows, brick and roof are all good condition. the building has a coin washer and dryer for added income of $87.50 a month. 2 units have new leases 2 units are month to month. RENTS ARE AS FOLLOWS: 1-F $795 M2M $795 SECURITY DEPOSIT 1-R $850 1/23 $850 SECURITY DEPOSIT 2-F $900 11/22 $900 SECURITY DEPOSIT 2-R $795 M2M $795 SECURITY DEPOSIT

Last Agent to Sell the Property

Bruce La Ha

RE/MAX 10 License #475102758 Listed on: 01/24/2022

RE/MAX 10

Last Buyer's Agent

Mark O'Shea

OnLine Realty Professionals.com License #475116933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,714

Year Built

  • Built in 1966 | Remodeled in 2017

Lot Details

  • Lot Dimensions are 26 x 127
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Schools

  • Dd Eisenhower High School (Camp

Additional Features

  • Property is near a park
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $624
  • Fuel Expense $708
  • Insurance Expense $1,260
  • Trash Expense $888
  • Water Sewer Expense $876
  • Gross Income $41,131
  • Net Operating Income $39,775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,714

Year Built

Built in 1966 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • MRD_AP1: Stove,Refrigerator,Window Air Conditioner
  • MRD_AP2: Stove,Refrigerator,Window Air Conditioner
  • MRD_AP3: Stove,Refrigerator,Window Air Conditioner
  • MRD_AP4: Stove,Refrigerator,Window Air Conditioner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Slab,None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 300000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 888
  • Water Sewer Expenses: 876
  • Trash Expense Year: 2021

Schools

  • High School: Dd Eisenhower High School (Camp
  • Middle/Junior School District: 130

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 26 X 127
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 39775
  • Fuel Expense: 708
  • Insurance Expense: 1260
  • ElectricExpense: 624
  • GrossIncome: 41131
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7714.29
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $314,500 +4.8% --
01/28/2022 01/28/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $300,000 +252.9% --
11/30/2016 11/30/16 Sold $85,000 -5.5% --
10/25/2016 10/25/16 Pending -- -- --
10/10/2016 10/10/16 Price Changed $89,900 +3.3% --
10/05/2016 10/05/16 For Sale $87,000 +67.3% --
02/25/2014 02/25/14 Sold $52,000 +6.1% --
01/29/2014 01/29/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $49,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11310249

Midwest Real Estate Data (MRED)