NOT LISTED FOR SALE

5427 129th Place Crestwood, IL 60445

11 Beds
6 Baths
-- Sq Ft
0.25 Acres

Last Sold June 06, 2019

Last sale price $540,000

12 Days on Market

About This Home

As of June 2019

Excellent investment opportunity! Meticulously maintained 6 unit, all the buildings on the block are so well cared for, you'd think there was an association! The owner has poured a ton of blood, sweat & dollars into improving(maybe over improving) this building since 2016. 3 of the units are right out of the pages of HGTV. The other 3 he hasn't gotten to yet, but only because he has such great tenants they don't want to leave for him to rehab. Front entry totally remodeled, all new windows & sliding glass doors throughout all the units. Newly installed security camera's & new a/c units, 12 parking spots-nearly turnkey for the next owner. A fantastic location on this dead end street is just 1 block away from Playfield Park which has a great kids playground & the Crestwood baseball fields. The Water Reclamation District just spent 7 million on the restoration of Tinley Creek waterway system across the street in 2017 taking the entire neighborhood out of potential flood plain liability.

Last Agent to Sell the Property

Jason Vander Meer

RE/MAX 10 in the Park License #471012564 Listed on: 04/06/2019

RE/MAX 10 in the Park

Last Buyer's Agent

Beata Kolpek

Platinum Partners Realtors License #471007571

Platinum Partners Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Insurance Expense $1,306

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Utilities To Site: Sewer-Storm Available, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2019
  • Net Oper Income: 44843
  • Scavenger Expense: 1290
  • Total Annual Exp: 21037
  • Total Annual Income: 65880
  • Total Monthly Income: 5490
  • Unincorporated: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 12
  • Number Of Stories: 3
  • Estimated Year Built: 1979
  • Type Multi Family: Corridor-Interior Entrance, Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1979

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.25
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Electric
  • Water Expense: 2601

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 594
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 61 X 184
  • Lot Sq Ft: 11193
  • Parcel Identification Number: 24331040110000

Rental Info

  • Gross Rental Income: 65880
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2019
  • Insurance Expense: 1306
  • Other Expenses: 1000
  • Number Of Dishwashers: 6
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 13796

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2019 06/06/19 Sold $540,000 -3.6% --
04/18/2019 04/18/19 Pending -- -- --
04/06/2019 04/06/19 For Sale $559,999 +36.3% --
02/29/2016 02/29/16 Sold $411,000 -11.6% -- View Prior Sale
02/02/2016 02/02/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $465,000 -- --
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: MRD10334589

Midwest Real Estate Data (MRED)