$750,000
SOLD DEC 18, 2024

5921 W 103rd St Oak Lawn, IL 60453

11 Beds
6 Baths
5,502 Sq Ft
1975 Built

Recently Sold

$136 Per Sq Ft

21 Days on Market

About This Home

As of December 2024

Investor's dream or ideal for owner-occupancy! This solid 5-unit investment property offers a prime location and versatile layout. The first-floor unit is perfect for an owner with its two-level apartment setup, featuring an additional bedroom and full bath in the basement. The remaining four units, each with two bedrooms, are move-in ready, providing immediate income potential. With a 4-car garage and 6 additional outdoor spaces, parking is plentiful. Don't miss out on this opportunity in a great location!

Last Agent to Sell the Property

Maria Castillo

RE/MAX MI CASA License #475122116 Listed on: 09/24/2024

RE/MAX MI CASA

Last Buyer's Agent

Zahweh Naser

Village Realty, Inc. License #475205560

Village Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,771

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 120x83

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,502 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $951
  • Fuel Expense $3,853
  • Insurance Expense $2,132
  • Trash Expense $1,923
  • Water Sewer Expense $3,211
  • Operating Expense $26,841
  • Gross Income $71,357
  • Net Operating Income $44,516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,771

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1975
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Basement Description: Partially Finished
  • Fire Protection: Smoke or Fire Protectors
  • Fireplaces: 1
  • Refrigerators: 4
  • Ranges: 4
  • Number of Windows: 10
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 750000
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Baseboard
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 1923
  • Water Sewer Expenses: 3211
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 120X83
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 5502

Multi Family

  • Net Operating Income: 44516
  • Fuel Expense: 3853
  • Insurance Expense: 2132
  • ElectricExpense: 951
  • GrossIncome: 71357
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 26841
  • Expense Year: 2023
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 14771
  • Tax Year: 2023

Similar Home in the area

  • 10301 Mcvicker Ave, Chicago Ridge, IL 60415

    $700,000

    • 9 Beds
    • 7 Baths
    • 10301 Mcvicker Ave
    • Chicago Ridge, IL

    Updated and Meticulously Maintained 3-flat building in Chicago Ridge which is close to parks, shopping centers, and major expressways. The building also has a 4th unit (non-conforming) studio apartment which has 1 bedroom, 1 bathroom, and a kitchen. The building has 3 units currently occupied with all long-term tenants. There is a 2-car garage that is heated and there is ample parking space

    Adam Stafiera At Home Realty Group, Inc.

    Section Image

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
12/18/2024 12/18/24 Sold $750,000 0.0% $136 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $750,000 -- $136 / Sq Ft
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: 12171320

Midwest Real Estate Data (MRED)