NOT LISTED FOR SALE
11 Beds
-- Baths
-- Sq Ft
1963 Built

Sale Details

Date Sold: May 5, 2026

Last sale price $725,000

7 Days on Market

About This Home

As of May 2026

This solid brick 6-unit multifamily property presents a turnkey investment opportunity with meaningful capital improvements already completed. Units have been updated with new flooring, modern appliances, upgraded plumbing, and breaker electrical panels, reducing immediate maintenance needs while enhancing tenant appeal. The building's major systems provide stability for long-term ownership, including a roof with shingles replaced approximately 10 years ago and a boiler system in serviceable condition. The property's durable brick construction and updated interiors position it well for continued rental demand and future rent growth. With strong in-place upgrades, reliable mechanicals, and a low-maintenance exterior, this asset offers investors a balanced combination of current cash flow and long-term durability in a stable Midlothian rental market.

Last Agent to Sell the Property

Anthony Munoz

Listing Leaders Northwest, Inc License #475208270 Listed on: 03/16/2026

Co-Listed By

Joey Batliner

Listing Leaders Northwest, Inc License #475205754

Last Buyer's Agent

Michelle Galindo

Baird & Warner License #475201406

Baird & Warner
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,961

Year Built

  • Built in 1963

Home Design

  • Brick Exterior Construction
  • Pitched Roof

Additional Features

  • 3-Story Property
  • Lot Dimensions are 50x120
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $598
  • Fuel Expense $4,883
  • Insurance Expense $3,860
  • Maintenance Expense $3,600
  • Manager Expense $9,510
  • Trash Expense $954
  • Water Sewer Expense $3,243
  • Operating Expense $42,148
  • Gross Income $95,100
  • Net Operating Income $52,952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,961

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Roof Structure: Pitched

Utilities

  • Heat/Ventilation: Radiant

Condo/Co-op/Association

  • Manager Expense: 9510

Fee Information

  • Trash Expense: 954
  • Water Sewer Expenses: 3243
  • Operating Expense Includes: Capital Improvements,Fuel,Gardener,Insurance,Maintenance,Manager,New Tax,Snow Removal,Trash,Utilities,Water/Sewer,Electricity,Real Estate Tax,Hot Water

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X120

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 52952
  • Fuel Expense: 4883
  • Insurance Expense: 3860
  • ElectricExpense: 598
  • GrossIncome: 95100
  • Maintenance Expense: 3600
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 42148
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 13961
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2026
Closed on
May 4, 2026
Sold by
Bought by
Seller's Agent
Anthony Munoz
Listing Leaders Northwest, Inc
Buyer's Agent
Michelle Galindo
Baird & Warner
List Price
$725,000
Sold Price
$725,000
Views
5

Purchase Details

Listed on
Sep 29, 2020
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
Patrick Dolan
Dolan Realty Group
Buyer's Agent
Giancarlo Bargioni
Keller Williams ONEChicago
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$340,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Midlothian, IL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 Chicago Title
$425,000 First American Title
$190,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner --
Previous Owner $340,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2026 05/05/26 Sold $725,000 0.0% --
03/23/2026 03/23/26 Pending -- -- --
03/16/2026 03/16/26 For Sale $725,000 +70.6% --
04/23/2021 04/23/21 Sold $425,000 -5.3% -- View Prior Sale
03/05/2021 03/05/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $449,000 0.0% --
02/18/2021 02/18/21 Pending -- -- --
01/20/2021 01/20/21 Price Changed $449,000 -4.3% --
12/11/2020 12/11/20 For Sale $469,000 +10.4% --
11/30/2020 11/30/20 Off Market $425,000 -- --
10/26/2020 10/26/20 Price Changed $469,000 -4.1% --
09/29/2020 09/29/20 For Sale $489,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,219 $444,627 $100,477 $344,150
2025 $7,136 $435,910 $98,507 $337,403
2023 $7,136 $706,860 $127,500 $579,360
2022 $10,484 $410,773 $92,827 $317,946
2021 $7,389 $402,718 $91,007 $311,711
2020 $7,293 $398,589 $90,074 $308,515
2019 $7,187 $390,774 $88,308 $302,466
2018 $7,019 $383,113 $86,578 $296,535
2017 $6,929 $375,602 $84,881 $290,721
2016 $6,781 $368,238 $83,217 $285,021
2015 $6,693 $362,709 $81,968 $280,741
2014 $6,502 $355,606 $80,363 $275,243
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12593096

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.