NOT LISTED FOR SALE

3307 147th St Midlothian, IL 60445

7 Beds
4 Baths
-- Sq Ft
1958 Built

Last Sold November 21, 2023

Last sale price $240,000

7 Days on Market

About This Home

As of November 2023

Four unit ranch apartment building with great unit mix. (3) 2 bedroom units and (1) one bedroom unit. Property needs some TLC, rents are far below market value. Two bedroom market rent is $1,000+ and the one bedroom market rent is $900+. Tenants pay their own heat and electric. One of the 2 bedroom units is vacant which could be an owner occupied opportunity!

Last Agent to Sell the Property

Tara Mathew

Prime Equities Corp License #471010016 Listed on: 07/17/2023

Last Buyer's Agent

Robert Kroll

808 Realty License #471005987

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,668

Year Built

  • Built in 1958

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Spaulding Elementary School
  • Central Park Elementary Middle School
  • Bremen High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • 1-Story Property
  • Lot Dimensions are 100x87x53x38x47

Community Details

Overview

  • 4 Units
  • Ranch

Building Details

  • Insurance Expense $2,000
  • Trash Expense $2,416
  • Water Sewer Expense $3,058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,668

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 2416
  • Water Sewer Expenses: 3058
  • Trash Expense Year: 2021

Schools

  • Elementary School: Spaulding School
  • High School: Bremen High School
  • Middle/Junior School: Central Park Elementary School

Lot Info

  • Lot Dimensions: 100X87X53X38X47
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 20

Multi Family

  • Insurance Expense: 2000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 11667.8
  • Tax Year: 2021
  • Tax Exemptions: None
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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 Prior Sale
11/21/2023 11/21/23 Sold $240,000 -19.7% --
07/25/2023 07/25/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $299,000 +53.3% --
03/18/2015 03/18/15 Sold $195,000 -9.3% -- View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
01/31/2015 01/31/15 For Sale $214,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $9,839 $26,000 $2,420 $23,580
2024 $9,839 $26,000 $2,420 $23,580
2023 $12,136 $26,000 $2,420 $23,580
2022 $12,136 $25,831 $2,074 $23,757
2021 $11,668 $25,831 $2,074 $23,757
2020 $11,112 $25,831 $2,074 $23,757
2019 $9,720 $22,380 $1,901 $20,479
2018 $9,567 $22,380 $1,901 $20,479
2017 $9,220 $22,380 $1,901 $20,479
2016 $7,244 $16,884 $1,728 $15,156
2015 $7,083 $16,884 $1,728 $15,156
2014 $6,874 $16,884 $1,728 $15,156
2013 $5,599 $15,304 $1,728 $13,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11833869

Midwest Real Estate Data (MRED)