NOT LISTED FOR SALE

386 Oak Trails Rd Des Plaines, IL 60016

Forest River Neighborhood
42 Beds
36 Baths
-- Sq Ft
1990 Built

Last Sold February 04, 2025

Last sale price $980,000

About This Home

As of February 2025

SOLD BEFORE PROCESSING. Contact broker for more information. INCREDIBLE INVESTMENT OPPORTUNITY IN DES PLAINES. This all brick 6 unit is made up of ALL 2 bedroom units. 5 of 6 units have 2 bathrooms as well. BUILT IN 1990.. 5 (2) bedrooms & (2) bathrooms. 1 (2) bedroom & (1) bathroom. Great location. Great income. Tenant pays electric and heat! All units include balconies!

Last Listed By

Mohammad Salim

Realty One Group Excel License #475206331 Listed on: 12/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,404

Year Built

  • Built in 1990

Home Design

  • Brick Exterior Construction

Additional Features

  • 3-Story Property
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,800
  • Fuel Expense $1,000
  • Insurance Expense $3,000
  • Maintenance Expense $2,400
  • Other Expense $4,200
  • Water Sewer Expense $3,600
  • Operating Expense $34,405
  • Gross Income $132,000
  • Net Operating Income $97,595

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,404

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1990
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Number of Washers: 1
  • Room: 4
  • Room: 4
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 1050000

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Forced Air

Fee Information

  • Water Sewer Expenses: 3600
  • Janitor Expense: 00

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6660
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 5

Multi Family

  • Net Operating Income: 97595
  • Fuel Expense: 1000
  • Insurance Expense: 3000
  • ElectricExpense: 1800
  • GrossIncome: 132000
  • Maintenance Expense: 2400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 34405
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18404
  • Tax Year: 2023

Range of Values:

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List Price
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 Change Sq Ft Price
02/04/2025 02/04/25 Sold $980,000 -6.7% --
02/03/2025 02/03/25 For Sale $1,050,000 +7.1% --
01/30/2025 01/30/25 Off Market $980,000 -- --
12/11/2024 12/11/24 Pending -- -- --
12/11/2024 12/11/24 For Sale $1,050,000 0.0% --
08/08/2023 08/08/23 For Rent $1,600 0.0% --
07/08/2023 07/08/23 For Rent $1,600 0.0% --
06/19/2023 06/19/23 For Rent $1,600 0.0% --
03/15/2023 03/15/23 Price Changed $1,600 0.0% $1 / Sq Ft
03/11/2023 03/11/23 For Rent $1,600 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Mohammad Salim

    Realty One Group Excel

  • Mohammad Fatani

    Buyer's Agent in 2025

    Mohammad Fatani

    Realty One Group Excel

    (630) 398-7177

    1 in this area

    29 Total Sales

    Mohammad Fatani
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12208542

Midwest Real Estate Data (MRED)

APN: 09-09-401-092-0000

Illinois Cook County Des Plaines 60016 Forest River

386 Oak Trails Rd, Des Plaines, IL

Homes for Sale in Des Plaines, IL

This home is located at 386 Oak Trails Rd, Des Plaines, IL 60016 since 11 December 2024. This property was built in 1990. 386 Oak Trails Rd is a home located in Cook County with nearby schools including North Elementary School, Chippewa Middle School, and Maine East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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