NOT LISTED FOR SALE

5906 Corey Ln Oak Forest, IL 60452

11 Beds
6 Baths
-- Sq Ft
1978 Built

Last Sold November 04, 2019

Last sale price $485,000

34 Days on Market

About This Home

As of November 2019

3 story brick 6flat building with: 1 three bdrm, 2 one bdrm & 3 two bdrm units. Long term tenants. Mechanics all in great shape & roof is just a few years old (done by management comp.) In fact, exterior maintenance done by association: snow removal, grass, landscape, masonry... there's even a rental office that will rent units for you. Many units have updates & all are clean & well maintained.

Last Agent to Sell the Property

Jean Reedy

Baird & Warner License #471008124 Listed on: 06/20/2019

Baird & Warner

Last Buyer's Agent

Halina Pociask

HomeSmart Realty Group

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $2,474
  • Insurance Expense $1,238
  • Manager Expense $525

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 40051
  • Outdoor Parking: 6-12 Spaces
  • Owners Assoc: Yes
  • Roof Structure: Hip
  • Total Annual Exp: 33329
  • Total Annual Income: 73380
  • Total Monthly Income: 6000
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1978
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1978

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Wall Sleeve
  • Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Carbon Monoxide Detector(s)
  • Heatventilation: Central Heat/Indiv Controls, Gas, Hot Water
  • Water Expense: 3120

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Parking, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Manager Expense: 525

Fee Information

  • Electricity Expense: 600
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 23 X 65
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Pool, Security Entrance, Sidewalks
  • Parcel Identification Number: 28174150300000

Rental Info

  • Gross Rental Income: 72000
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 2474
  • Insurance Expense: 1238
  • Other Expenses: 140
  • Number Of Dishwashers: 6
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 19255

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 List to Sale Price per Sq Ft
11/04/2019 11/04/19 Sold $485,000 -3.0% --
07/24/2019 07/24/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $500,000 -- --
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: MRD10424029

Midwest Real Estate Data (MRED)

APN: 28-17-415-011