NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
1965 Built

Last Sold February 14, 2022

Last sale price $785,000

213 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Baseboard Heating
  • River Valley School Rated A-
  • Storage Room
  • Floor Furnace

About This Home

As of February 2022

Fantastic Opportunity to own this exceptional income generating property in Lemont,owner took excellent care and consistently maintained and updated this building inside and outside,All is done just enjoyed it,There are (3) 2bedrooms units and (2)1bedrooms units plus more,,coin-op washer & dryer for extra income,10 parking spaces on north side of the building,all units fully rented with current leases, walking distance to train,High School, restaurants,downtown Lemont,park, For income &expences and showings call listing agent owner is Ill real estate Broker,

Last Agent to Sell the Property

Bill Bogun

Century 21 Circle License #475130724 Listed on: 04/09/2021

Century 21 Circle

Last Buyer's Agent

Moin Haque

Coldwell Banker Realty License #471011151

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,682

Year Built

  • Built in 1965

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Partially Finished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Floor Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Gravity Heating System
  • Heating System Uses Gas
  • Radiant Heating System
  • Separate Meters
  • 100 Amp Service

Additional Features

  • Corner Lot
  • Urban Location

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $490
  • Fuel Expense $470
  • Insurance Expense $2,391
  • Other Expense $800
  • Trash Expense $850
  • Water Sewer Expense $2,500
  • Operating Expense $18,383
  • Gross Income $70,500
  • Net Operating Income $53,617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,682

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Four Plus One
  • Stories: 3
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required,No Sign on Property,Highly Confidential
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Possible Use: Condominium, Multi-Family
  • Basement Description: Partially Finished,Storage Space
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Misc Inside: Storage Inside,Laundry Room
  • Refrigerators: 5
  • Ranges: 5
  • Number of Windows: 5
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street, Public Road
  • List Price: 819750
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Gable,Wood Joists
  • Misc Outside: Enclosed Stairs,Security Lighting,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve, Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters, Service - 0 to 100 Amps
  • Utilities: Sanitary Sewer, Water-Community
  • Heat/Ventilation: Gas,Gravity,Hot Water,Baseboard,Separate Per Unit,Radiant,Individual Furnaces
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): Yes

Fee Information

  • Trash Expense: 850
  • Water Sewer Expenses: 2500
  • Janitor Expense: 0
  • Operating Expense Includes: Insurance,Parking,Snow Removal,Trash,Utilities,Water/Sewer,Electricity,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 237-53-212-54
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10
  • Tenancy Type: Leases

Building Info

  • Building Unit Info: No Units Furnished,Restriction-Pets,Storage/Locker Area

Multi Family

  • Net Operating Income: 53617
  • Fuel Expense: 470
  • Insurance Expense: 2391
  • ElectricExpense: 490
  • GrossIncome: 70500
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 18383
  • Expense Year: 2020
  • Type Multi-Family: Four Plus One

Tax Info

  • Tax Annual Amount: 11682
  • Tax Year: 2020

Range of Values:

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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
02/14/2022 02/14/22 Sold $785,000 -10.5% --
11/08/2021 11/08/21 Pending -- -- --
10/26/2021 10/26/21 For Sale -- -- --
10/04/2021 10/04/21 Pending -- -- --
05/09/2021 05/09/21 Price Changed $877,000 -5.6% --
04/24/2021 04/24/21 Price Changed $929,000 -4.7% --
04/09/2021 04/09/21 For Sale $975,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11049233

Midwest Real Estate Data (MRED)