NOT LISTED FOR SALE

4601 Vernon Ave Brookfield, IL 60513

8 Beds
4 Baths
-- Sq Ft
1970 Built

Last Sold February 21, 2024

Last sale price $620,000

62 Days on Market

About This Home

As of February 2024

Excellent investment opportunity in Brookfield. The building features 4 generous sized 2bdrm 1bth units. Updated baths, new roof, coin laundry, 8 parking spaces, storage for each unit. The basement is very large and could be used for owner's extra storage or office. The building has a solid rental history and is well managed by long term owners. Easy access to tranportation. Loctated in desirable Lyons Townsip High School District. One of the beneficiaries is an Illinois real estate licensee.

Last Agent to Sell the Property

David Kumskis

One Eighty Real Estate Group License #471012724 Listed on: 10/12/2023

Last Buyer's Agent

Josephine Hood

Neighborhood Assistance Corp. License #471021061

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,397

Year Built

  • Built in 1970

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Lyons Twp High School

Utilities

  • Heating System Uses Steam

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $3,716
  • Insurance Expense $1,833
  • Trash Expense $1,000
  • Water Sewer Expense $3,640
  • Gross Income $69,780
  • Net Operating Income $45,468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,397

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished,Concrete (Basement),Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 634900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Fee Information

  • Trash Expense: 1000
  • Water Sewer Expenses: 3640
  • Trash Expense Year: 2022

Schools

  • High School: Lyons Twp High School
  • Middle/Junior School District: 103

Lot Info

  • Lot Dimensions: 3927
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 45468
  • Fuel Expense: 3716
  • Insurance Expense: 1833
  • ElectricExpense: 360
  • GrossIncome: 69780
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 14396.79
  • Tax Year: 2021

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
02/21/2024 02/21/24 Sold $620,000 0.0% --
01/29/2024 01/29/24 Off Market $620,000 -- --
12/14/2023 12/14/23 Pending -- -- --
12/13/2023 12/13/23 Pending -- -- --
12/11/2023 12/11/23 Off Market $620,000 -- --
11/25/2023 11/25/23 Price Changed $634,900 -4.5% --
11/02/2023 11/02/23 Price Changed $664,900 -2.2% --
10/12/2023 10/12/23 For Sale $679,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11907615

Midwest Real Estate Data (MRED)