NOT LISTED FOR SALE

529 Green Oaks Ct S Addison, IL 60101

8 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold June 11, 2021

Last sale price $525,000

15 Days on Market

Highlights

  • Property is near a park
  • Paved or Partially Paved Lot
  • 2-minute walk to Green Oaks Park
  • Forced Air Heating System

About This Home

As of June 2021

Great investment property, turn key property, with high cash flow/ROI. All units were rehabbed in 2016, with granite counters and stainless steel appliances. Very rare 4-flat building with central heat AND central air conditioning! Very low overhead. Tenants pay for their own gas and electric. All leases through June 2021, and all tenants requesting renewal. Laundry on site, equipment owned for additional income. Not in flood zone. Finished basements. Storage on site. All long term, loyal tenants. Low rents, lots of potential for increase. 7 parking spaces included (could possibly make into 8). Live-in Manager willing to continue maintaining buildings if desired by new owner. Highly desirable apartments, great location across from Green Oaks park. Showings available with 48 hr+ notice, serious buyers please, as all units are tenant occupied. One unit will be made available for showing, others viewable upon contract acceptance/inspection. Contact listing agent for more info! 431 Green Oaks Ct also for sale, seller's first preference is to package both together, if possible. March actual Monthly expenses include: $21.69 gas / $38.77 electric / Water-sewer-trash $380 / Yearly insurance = $1,551

Last Agent to Sell the Property

Catherine Packer

Baird & Warner License #475135994 Listed on: 04/12/2021

Baird & Warner

Last Buyer's Agent

Dana Surcel

Onix Realty, Inc. License #471002113

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,824

Year Built

  • Built in 1964 | Remodeled in 2016

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45x140
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 7 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Schools

  • Army Trail Elementary School
  • Indian Trail Junior High School
  • Addison Trail High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a park

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,824

Year Built

Built in 1964 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • List Price: 545000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 7
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Army Trail Elementary School
  • High School: Addison Trail High School
  • Middle/Junior School: Indian Trail Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 45X140
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 8824.12
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

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

Range of Values:

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Sold Price
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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
06/11/2021 06/11/21 Sold $525,000 -3.7% --
04/27/2021 04/27/21 Pending -- -- --
04/27/2021 04/27/21 For Sale -- -- --
04/12/2021 04/12/21 For Sale $545,000 +180.6% --
08/01/2016 08/01/16 Sold $194,250 -2.8% --
07/11/2016 07/11/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $199,900 0.0% --
06/20/2016 06/20/16 Price Changed $199,900 +2.9% --
06/03/2016 06/03/16 Off Market $194,250 -- --
05/25/2016 05/25/16 Price Changed $224,900 -8.5% --
05/13/2016 05/13/16 For Sale $245,900 0.0% --
04/01/2016 04/01/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $245,900 0.0% --
02/24/2016 02/24/16 Price Changed $245,900 +26.6% --
01/31/2016 01/31/16 Off Market $194,250 -- --
12/15/2015 12/15/15 Price Changed $262,200 -5.0% --
11/23/2015 11/23/15 Price Changed $276,000 -10.4% --
09/22/2015 09/22/15 Price Changed $307,900 -5.0% --
08/06/2015 08/06/15 For Sale $324,000 -- --
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: 11051273

Midwest Real Estate Data (MRED)