NOT LISTED FOR SALE

615 S Harlem Ave Forest Park, IL 60130

9 Beds
5 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold November 03, 2021

Last sale price $689,900

8 Days on Market

About This Home

As of November 2021

Amazing Solid-BRICK Income Producing Building...Location, Location, Location....Completely Remodeled to the STUDS......3-Like NEW Units - 2-Units **3-Bedrooms & 2-Full Bathrooms - 1-Unit 3-Bedrooms & 1-Full Bathroom....This building has 9-Bedrooms and 5-Bathrooms....Everything is NEWLY Remodeled.....Perfect opportunity to LIVE-in Building and Collect Rents from the comfort of your home...According to Rent-o-Meter website AVERAGE rents are $2,333 for similar rents per UNIT in the AREA.....Each Unit has Separate Brand-New HVAC system with AC and individual Controls...... IN-UNIT Washer/Dryer to MAXIMIZE each units rental potential.......The Penthouse and Main Floor Units have 9-foot Ceilings with beautiful Modern-Gray/White 42-inch Cabinets & Crown Molding with eat-in-island, Quartz counter tops, Custom back-splash, Brand NEW Stainless Steel Appliances with huge side-by-side Refrigerator.......EACH bathroom has Amazing-Modern-Tile to help attract the BEST-of-Tenants or for you to LIVE with the Newest-of-the-NEW Styles..There is a MASTER Suite with an Amazing Bathroom & extremely spacious Suite for your complete comfort....EACH of the 3-units have a very similar layout.....COME see this place IMMEDIATELY before it's SOLD....this SOLID-BRICK Exterior also has BRAND NEW Windows, Brand new Electrical Service throughout the whole building, BRAND NEW plumbing throughout the building, There has NOT been any DETAIL updated to make the MOST Worry-FREE Income Producing building. There is a 2-Car Detached Garage and a 2-car tandem next to the garage. The garage has a brand new roof and siding. Come see this property IMMEDIATELY...This is the perfect opportunity to have TENANTS pay for YOUR Mortgage....Check it out NOW..!!

Last Agent to Sell the Property

JR Harris

HomeSmart Connect LLC License #471016848 Listed on: 08/16/2021

HomeSmart Connect LLC

Last Buyer's Agent

Donna White

Charles Rutenberg Realty License #475178180

Charles Rutenberg Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1923 | Remodeled in 2021

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33 x 122

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $2,600
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Gross Income $71,000
  • Net Operating Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,740

Year Built

Built in 1923 | Remodeled in 2021

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: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Rebuilt Year: 2021
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Other Equipment: Sump Pump
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Central Air Conditioner,Garage/Space,Laundry Hook-Up

Exterior Features

  • List Price: 689900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley, Side Apron, Driveway, Alley Access
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s)
  • 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
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Trash Expense: 1200
  • Water Sewer Expenses: 1200

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 33 X 122
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 66000
  • Insurance Expense: 2600
  • GrossIncome: 71000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5739.64
  • Tax Year: 2020
  • 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 List to Sale Price per Sq Ft
11/03/2021 11/03/21 Sold $689,900 0.0% --
08/26/2021 08/26/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $689,900 -- --
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: 11191712

Midwest Real Estate Data (MRED)