NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
1959 Built

Sale Details

Date Sold: May 25, 2023

Last sale price $400,000

1 Day on Market

Highlights

  • Corner Lot
  • Shed
  • Baseboard Heating
  • Oak Forest High School Rated A-
  • Ceiling Fan

About This Home

As of May 2023

UNIQUE INVESTMENT OPPORTUNITY awaits you with this revenue generating brick 4 unit building featuring over $35,000 in recent capital improvements and reducing any large expenses for the new owner. RARE LOCATION in a QUIET neighborhood surrounded by single family homes unlike other buildings surrounded by concrete and pavements. The large corner lot is 100 x 150 and has plenty of parking. Encircled by green space in the front and back yards provides a peaceful setting. Building is well maintained and boasts many improvements i.e. complete NEW tear off roof that used premium GAF materials by a Master Elite Roof Contractor and has a transferable warranty to the new owner. Also, a NEW high quality heating system with extra cost spent for shut off valves on all feed and return lines for ease of future servicing or repair. NEW HWH, recent gutters and downspouts. Automatic exterior LED lighting provides safety and security. Newly remodeled laundry room that generates extra income and is enhanced with a NEW washer and NEW dryer. Added value includes recently replaced appliances along with ceiling fans in kitchens and bedrooms. Included is the added bonus of each unit having their own locking storage unit in the secure converted garage. Fully occupied, this building has an excellent long time rental history. The Metra train, shopping and restaurants are all close by. Current leases are written in such a way that the new owners can adjust as they see fit after closing. Long time owner for 30 years has lovingly taken care of building. YOU DON'T WANT TO MISS THIS ONE!!!! Schedule your showings before it is gone!!

Last Agent to Sell the Property

Judith Newman

RE/MAX 10 License #475140900 Listed on: 04/17/2023

RE/MAX 10

Co-Listed By

Paul Newman

RE/MAX 10 License #475088416

Last Buyer's Agent

Ewelina Kmin

eXp Realty License #475202015

eXp Realty
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,658

Year Built

  • Built in 1959

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Lot Details

  • Lot Dimensions are 100 x 150
  • Corner Lot
  • Paved or Partially Paved Lot

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • Ceiling Fan
  • Shed

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,658

Year Built

Built in 1959

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1959
  • Age: 61-70 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: 4
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Streetlights
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street, Side Apron, Driveway
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Indv Controls
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 100 X 150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: None

Tax Info

  • Tax Annual Amount: 10657.63
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Bought by

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 19, 2023
Sold by
Bought by
Seller's Agent
Judith Newman
RE/MAX 10
Buyer's Agent
Ewelina Kmin
eXp Realty
List Price
$400,000
Sold Price
$400,000
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,177
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oak Forest, IL

See All Agents

Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
$400,000 First American Title
-- Attorney
$210,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $359,177
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
05/25/2023 05/25/23 Sold $400,000 0.0% --
04/19/2023 04/19/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $400,000 -- --
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 $8,761 $28,000 $6,000 $22,000
2024 $8,761 $28,000 $6,000 $22,000
2023 $11,153 $28,000 $6,000 $22,000
2022 $11,153 $26,563 $5,250 $21,313
2021 $10,877 $26,562 $5,250 $21,312
2020 $10,458 $26,562 $5,250 $21,312
2019 $11,271 $27,982 $4,875 $23,107
2018 $11,081 $27,982 $4,875 $23,107
2017 $11,118 $27,982 $4,875 $23,107
2016 $9,628 $23,431 $4,125 $19,306
2015 $9,397 $23,431 $4,125 $19,306
2014 $9,124 $23,431 $4,125 $19,306
2013 $8,819 $25,264 $4,125 $21,139
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11761182

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.