$800,000
SOLD JAN 3, 2025

6330 W 99th Place Oak Lawn, IL 60453

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Recently Sold

2% Below List Price

6 Days on Market

Highlights

  • Corner Lot
  • Columbus Manor Elementary School Rated 9+
  • Baseboard Heating

About This Home

As of January 2025

Seller has accepted an offer. open. house is cancelled. Welcome to 6330 West 99th Place, Oak Lawn, IL! This remarkable multi-family home presents a lucrative opportunity for investors and homeowners alike. With a total of 12 bedrooms and 7 bathrooms spread across 6 units, this property offers a diverse range of living options. Upon entering the building, you'll find a well-maintained space that includes a mix of (1) three-bedroom, (4) two-bedroom, and (1) one-bedroom apartments. The layout is designed to provide comfortable living spaces for each unit, offering residents privacy and convenience. The building sits on a spacious lot size of 10,081 square feet, providing ample outdoor space for relaxation and entertainment including private garden area and plenty of parking spots (16) for the tenants. Additionally, the presence of a full basement offers extra storage space and potential for further customization to meet your specific needs. For those seeking an investment opportunity, this property is an income-generating gem, with the potential for significant returns. Whether you're looking to live in one unit while renting out the others or solely as an investment, this property offers great options to suit your financial goals. Don't miss out on the chance to own this versatile multi-family home in a prime location. Schedule a viewing today and explore the endless possibilities that await.

Last Agent to Sell the Property

Jerzy Mastalerczyk

Compass License #475171335 Listed on: 10/21/2024

Compass

Last Buyer's Agent

Dalia Alshurafa

USA Realty Group Inc License #475148370

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,734

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 138 x 115 x 37 x 152
  • Corner Lot

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $756
  • Fuel Expense $2,780
  • Insurance Expense $3,036
  • Maintenance Expense $2,000
  • Other Expense $1,000
  • Trash Expense $1,620
  • Water Sewer Expense $3,360
  • Operating Expense $24,414
  • Gross Income $109,200
  • Net Operating Income $39,286

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,734

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1973
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Dishwashers: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 8
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Block
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 820000
  • Roof: Composition
  • Exterior Building Type: Brick
  • Misc Outside: Balcony/ies,Patio

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water,Baseboard

Fee Information

  • Trash Expense: 1620
  • Water Sewer Expenses: 3360
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 138 X 115 X 37 X 152
  • Lot Size Sq Ft: 10081
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month,Owner Occupied

Multi Family

  • Net Operating Income: 39286
  • Fuel Expense: 2780
  • Insurance Expense: 3036
  • ElectricExpense: 756
  • GrossIncome: 109200
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24414
  • Expense Year: 2015
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 18734
  • Tax Year: 2022

Range of Values:

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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 Change Sq Ft Price
01/03/2025 01/03/25 Sold $800,000 -2.4% --
10/27/2024 10/27/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $820,000 +57.7% --
01/24/2017 01/24/17 Sold $520,000 -2.8% --
11/09/2016 11/09/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $535,000 -- --
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: 12193107

Midwest Real Estate Data (MRED)