NOT LISTED FOR SALE

5407 W 87th St Oak Lawn, IL 60453

6 Beds
4 Baths
-- Sq Ft
1989 Built

Last Sold June 23, 2023

Last sale price $390,000

100 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Patio
  • Hometown Elementary School Rated 9+
  • Garage ceiling height seven feet or more
  • Forced Air Heating System

About This Home

As of June 2023

NEWER WINDOWS AND ROOF ON BUILDING!!!SOLID BUILT BRICK 2-FLAT SPACIOUS 3 BEDROOM 1 1/2 BATH UNITS WITH INDIVIDUAL FURNACES AND C/A, INDIVIDUAL LAUNDRY IN EACH UNIT. BOTH UNITS APPROXIMATELY 1,500 SQ FT. EACH. SECOND FLOOR RENTS FOR $1,400. MO PLUS UTILITIES PAID BY TENANTS. FIRST FLOOR RENTS FOR $1,800 WITH GARAGE. PLENTY OF OFF STREET PARKING. SECOND FLOOR LEASE EXPIRES DECEMBER 2023 AND BEEN THERE 12 YEARS.SECOND FLOOR SECURITY DEPOSIT IS $1,195. 1 YEAR LEASE ON FIRST FLOOR & AND GARAGE UNTIL DECEMBER 2023 FIRST FLOOR SECURITY DEPOSIT IS $1,700. GREAT BUILDING!! GREAT INCOME!!

Last Agent to Sell the Property

Bruce La Ha

RE/MAX 10 License #475102758 Listed on: 01/20/2023

RE/MAX 10

Last Buyer's Agent

Bruce La Ha

RE/MAX 10 License #475102758 Listed on: 01/20/2023

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,064

Year Built

  • Built in 1989

Parking

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • On-Street Parking
  • Off-Street Parking
  • Parking Space is Owned
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

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

Additional Features

  • Crawl Space
  • Lot Dimensions are 67 x 120

Community Details

Overview

  • 2 Units
  • 2 Flat

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $1,800
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,064

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Laundry Hook-Up,Range Hood

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 419900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned, Off Street, Side Apron
  • ParkingTotal: 8
  • Number of Cars: 10
  • Garage Details: Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Water Sewer Expenses: 1800

Schools

  • Middle/Junior School District: 123

Lot Info

  • Lot Dimensions: 67 X 120
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Insurance Expense: 1200
  • GrossIncome: 38400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 10064
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

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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
06/23/2023 06/23/23 Sold $390,000 -7.1% --
05/01/2023 05/01/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $419,900 -2.7% --
01/20/2023 01/20/23 For Sale $431,500 +8.1% --
12/21/2021 12/21/21 Sold $399,000 -0.2% --
11/11/2021 11/11/21 Pending -- -- --
07/12/2021 07/12/21 For Sale -- -- --
06/29/2021 06/29/21 For Sale -- -- --
06/27/2021 06/27/21 Pending -- -- --
06/26/2021 06/26/21 Pending -- -- --
06/19/2021 06/19/21 For Sale -- -- --
06/15/2021 06/15/21 Pending -- -- --
06/15/2021 06/15/21 For Sale -- -- --
06/09/2021 06/09/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $399,900 -- --
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: 11704836

Midwest Real Estate Data (MRED)