NOT LISTED FOR SALE

4531 Forest Ave Brookfield, IL 60513

11 Beds
10 Baths
1,680 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: August 12, 2021

Last sale price $1,530,000 $911 Per Sq Ft

11 Days on Market

About This Home

As of August 2021

An amazing turn-key investment opportunity! 2019 built 6-unit building in Brookfield! Attached 4-car garage plus exterior parking spaces. Luxurious with open floor plans, gorgeous custom kitchens, in- unit laundry, beautiful and convenient location! Top rated Lyons Township High School!

Last Agent to Sell the Property

Janet Marinis

@properties Christie's International Real Estate License #471005352 Listed on: 07/07/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Katerina Pavlova

Pavlova Properties License #471022201

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 2019

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x133

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $2,300
  • Maintenance Expense $150
  • Other Expense $3,199
  • Trash Expense $3,422
  • Water Sewer Expense $2,700
  • Operating Expense $15,259
  • Gross Income $141,000
  • Net Operating Income $124,052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,689

Year Built

Built in 2019

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 2019
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required
  • Estimated Age: 1-6 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 10
  • Total Bedrooms: 11
  • Basement Description: None
  • Fire Protection: Smoke or Fire Protectors
  • Fireplaces: 6
  • Drive-In Doors: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 6
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding,Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air, Central Individual
  • Electric: Circuit Breakers, Separate Meters
  • Utilities: Sanitary Sewer, Water-Community
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 3422
  • Water Sewer Expenses: 2700
  • Operating Expense Includes: Gardener,Other,Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 60X133

Rental Info

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

Building Info

  • Building Unit Info: Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 124052
  • Insurance Expense: 2300
  • ElectricExpense: 600
  • GrossIncome: 141000
  • Maintenance Expense: 150
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 15259
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 1688.56
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/12/2021 08/12/21 Sold $1,530,000 -15.0% $911 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $1,799,000 +1140.7% $1,071 / Sq Ft
08/19/2013 08/19/13 Sold $145,000 -6.4% $86 / Sq Ft View Prior Sale
05/15/2013 05/15/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $154,900 -- $92 / Sq Ft
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
2025 $44,702 $145,912 $5,786 $140,126
2024 $44,702 $145,912 $5,786 $140,126
2023 $53,995 $145,912 $5,786 $140,126
2022 $53,995 $150,001 $4,988 $145,013
2021 $51,630 $149,999 $4,987 $145,012
2020 $52,079 $149,999 $4,987 $145,012
2019 $1,689 $4,588 $4,588 $0
2018 $1,623 $4,588 $4,588 $0
2017 $2,023 $6,351 $4,588 $1,763
2016 $1,974 $5,452 $3,990 $1,462
2015 $1,903 $5,452 $3,990 $1,462
2014 $6,256 $18,612 $3,990 $14,622
2013 $3,808 $14,500 $3,990 $10,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11147884

Midwest Real Estate Data (MRED)

APN: 18-03-422-062

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