$195,000
SOLD MAR 18, 2015

3307 147th St Midlothian, IL 60445

7 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Recently Sold

9% Below List Price

30 Days on Market

Highlights

  • Ranch Style House
  • Ceiling Fan
  • 5-minute walk to Sundrop Prairie Nature Preserve
  • Forced Air Heating System
  • Paved or Partially Paved Lot

About This Home

As of November 2023

+13% CAP RATE! Owner only pays water, NO OTHER UTILITY BILLS! Completely rehabbed from top to bottom in 2012; new kitchens w/new appliances, all new flooring, plumbing/electric/furnaces, etc. New asphalt parking lot. All tenants have background/credit/criminal check. A REAL ARMCHAIR INVESTMENT. Tenants pay ALL utilities, STILL SHOWING AND ACCEPTING BACKUP OFFERS.....

Last Agent to Sell the Property

Jonathan Borkowsky

Real People Realty, Inc.

Last Buyer's Agent

Austin Goodman

Fulton Grace Realty License #475163362

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,599

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 100x87x53x38x47
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Visitor Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • 4 Units
  • Ranch

Building Details

  • Gross Income $35,580
  • Net Operating Income $28,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,599

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1960
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 3

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 214900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Visitor Parking
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 7564

Schools

  • Middle/Junior School District: 143

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 100X87X53X38X47
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 28016
  • GrossIncome: 35580
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 5598.63
  • Tax Year: 2013
  • Tax Exemptions: None

Map

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
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% --
03/02/2015 03/02/15 Pending -- -- --
01/31/2015 01/31/15 For Sale $214,900 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 08828282

Midwest Real Estate Data (MRED)