$224,900

39 Mckinley Ave Steger, IL 60475

Estimated payment $1,890/month

Total Views 7,404
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Zoned Heating
  • Heating System Uses Steam
  • Soaking Tub
  • Baseboard Heating

About This Home

GREAT LOCATION - INSTANT CASHFLOW - Solid brick 3-unit. Large corner lot, just blocks from Chicago Rd shops & restaurants. 2/3 units currently rented month-to-month and ability to dictate terms with new tenant for vacant unit. Tremendous opportunity to bring rents up to market value for incredible cash flow. TWO fireplaces & hardwood floors. Detached 2 car garage & additional off street parking. Updated vinyl windows; partially finished basement with potential to turn into 4th unit in the future. Selling AS-IS. Buyer to assume village repairs, if any.

Listing Agent

Tyler Burlison

eXp Realty License #475178975 Listed on: 08/16/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,310

Year Built

  • Built in 1945

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 57x118
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Steam

Community Details

Overview

  • 3 Units
  • 2 Flat + Efficiency Apt

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,310

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1945
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Bath/Stubbed, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Wood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Wood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • List Price: 224900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: No Garage, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Baseboard, Sep Heating Systems - 2+, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 194

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 57X118
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 15600
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 8310
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $8,310 $80,322 $10,178 $70,144
2023 $8,310 $71,722 $9,088 $62,634
2022 $7,254 $63,742 $8,077 $55,665
2021 $6,868 $58,361 $7,395 $50,966
2020 $6,720 $54,697 $6,931 $47,766
2019 $3,593 $51,403 $6,514 $44,889
2018 $2,445 $50,141 $6,374 $43,767
2017 $6,070 $46,192 $5,872 $40,320
2016 $6,393 $45,894 $5,834 $40,060
2015 $4,709 $44,666 $5,678 $38,988
2014 $4,709 $45,117 $5,735 $39,382
2013 $4,709 $47,278 $6,010 $41,268
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2025 08/16/25 For Sale $224,900 +158.5% --
02/19/2019 02/19/19 Sold $87,000 -9.3% -- View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $95,900 +59.8% --
06/08/2015 06/08/15 Sold $60,000 -7.7% -- View Prior Sale
05/04/2015 05/04/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $65,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $87,000 Fidelity National Title
Administrators Deed $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,250 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12446501

Midwest Real Estate Data (MRED)

APN: 23-15-05-403-038