NOT LISTED FOR SALE

500 Hackberry Rd Frankfort, IL 60423

North Frankfort Neighborhood

Estimated Value: $451,000 - $498,000

6 Beds
4 Baths
-- Sq Ft
11,761 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $420,000

Est. 13% increase in value since last sale

Current estimated payment $3,402/month

2 Days on Market

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Chelsea Intermediate School Rated A

About This Home

As of April 2022

GREAT INVESTMENT OPPORTUNITY! Building features two large Three bedroom two bath units.The first floor unit has updated bathrooms, newer cabinets and countertops.Exposed hardwood flooring throughout. The second floor unit has the exact same layout and dimensions as the first floor.Unit has been freshly painted, updated bathrooms and exposed hardwood flooring.The building also features free laundry and plenty of storage space.Oversized garage for added rental income. Additional info: Roof 1 year. ( Transferable warranty),Furnaces/ AC units all under five years. Hot Water Heaters both under two years Chimney tuckpointed three years ago. Front and back hallway carpet 1 year. Driveway was installed 3 years ago. POTENTIAL... Create a 3rd. Unit by turning the garage and storage square footage into another unit. The two properties north of building have already made the conversion.Garage income as it rents separately. Maintenance fee exterior. Corner lot. All appliances stay. UNITS ARE ALWSYS RENTED.Parks, shopping, restaurants near by. Award winning schools!!! Agent Owned!

Last Agent to Sell the Property

Gary Beckefeld

Infiniti Properties, Inc. License #471012601 Listed on: 03/06/2022

Infiniti Properties, Inc.

Last Buyer's Agent

Peggy Alexa

RE/MAX 10 License #471016662

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,733

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80 x 150

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Interior Spaces

  • Recreation Room
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Lincoln-Way East High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units
  • Connecticut Hills Subdivision, Duplex Floorplan

Building Details

  • Water Sewer Expense $1,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,733

Year Built

Built in 1963

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Connecticut Hills
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Room Type: Recreation Room
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1400

Schools

  • High School: Lincoln-Way East High School

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 80 X 150
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8733
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2022
Closed on
May 25, 2022
Sold by
Hassan Azar
Bought by
Ebla Properties Llc
Seller's Agent
Gary Beckefeld
Infiniti Properties, Inc.
Buyer's Agent
Peggy Alexa
RE/MAX 10
List Price
$399,900
Sold Price
$420,000
Premium/Discount to List
$20,100
5.03%
Current Estimated Value
$475,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,779
Avg. Annual Appreciation
3.20%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2022
Closed on
Apr 8, 2022
Sold by
Beckefeld and Dana
Bought by
Azar Hassan
Seller's Agent
Gary Beckefeld
Infiniti Properties, Inc.
Buyer's Agent
Peggy Alexa
RE/MAX 10
List Price
$399,900
Sold Price
$420,000
Premium/Discount to List
$20,100
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Fontaine John G
Bought by
Beckefeld Gary and Keane Beckefeld Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1995
Sold by
Fontaine John G
Bought by
Gravelle Liane O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Ebla Properties Llc -- Thomas M Britt Pc
Azar Hassan $420,000 Greater Illinois Title
Beckefeld Gary $322,500 Stewart Title Company
Gravelle Liane O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azar Hassan $300,000
Previous Owner Beckefeld Gary $258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $420,000 +5.0% --
03/09/2022 03/09/22 Pending -- -- --
03/06/2022 03/06/22 For Sale $399,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $10,792 $136,210 $20,249 $115,961
2023 $10,792 $121,648 $18,084 $103,564
2022 $9,403 $110,800 $16,471 $94,329
2021 $8,896 $103,658 $15,409 $88,249
2020 $8,688 $100,737 $14,975 $85,762
2019 $8,421 $98,041 $14,574 $83,467
2018 $8,285 $95,222 $14,155 $81,067
2017 $7,755 $93,000 $13,825 $79,175
2016 $7,570 $89,812 $13,351 $76,461
2015 $7,814 $86,649 $12,881 $73,768
2014 $7,814 $86,046 $12,791 $73,255
2013 $7,814 $87,162 $12,957 $74,205
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gary Beckefeld

    Infiniti Properties, Inc.

    (708) 206-3000

    1 in this area

    22 Total Sales

    Gary Beckefeld
    Section Image
  • Peggy Alexa

    Buyer's Agent in 2022

    Peggy Alexa

    RE/MAX 10

    (815) 212-3939

    21 in this area

    150 Total Sales

    Peggy Alexa
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11340381

Midwest Real Estate Data (MRED)

APN: 19-09-21-108-028

Illinois Will County Frankfort 60423 North Frankfort

500 Hackberry Rd, Frankfort, IL

Not Listed for Sale

MultiFamily

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.
Based on information submitted to the MLS GRID

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