$5,970,000
$565K PRICE DROP

Estimated payment $44,168/month

Total Views 5,028
-- Bed
-- Bath
32,200 Sq Ft
$185 Price per Sq Ft

Highlights

  • 1.13 Acre Lot
  • Worth Jr High School Rated 9+
  • Baseboard Heating

About This Home

This home is located at 6545 W 111th St, Worth, IL 60482 and is currently priced at $5,970,000, approximately $185 per square foot. This property was built in 1970. 6545 W 111th St is a home located in Cook County with nearby schools including Worth Elementary School, Worth Jr High School, and A B Shepard High School.

Listing Agent

Alen Redzic

Real Realty Inc License #471016580 Listed on: 05/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $139,668

Year Built

  • Built in 1970

Lot Details

  • 1.13 Acre Lot
  • Lot Dimensions are 300 x200
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 32,200 Sq Ft Home
  • 2-Story Property

Utilities

  • Baseboard Heating

Community Details

Overview

  • 56 Units

Building Details

  • Electric Expense $5,222
  • Fuel Expense $30,885
  • Insurance Expense $33,600
  • Maintenance Expense $16,800
  • Trash Expense $6,000
  • Water Sewer Expense $26,779
  • Operating Expense $344,036
  • Gross Income $797,400
  • Net Operating Income $416,598

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$139,668

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 4
  • Number of Washers: 4
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 5970000

Garage/Parking

  • Outdoor Parking: 51-100 Spaces

Utilities

  • Heat/Ventilation: Baseboard
  • Leased Washer Dryer YN: Yes

Fee Information

  • Trash Expense: 6000
  • Water Sewer Expenses: 26779
  • Janitor Expense: 16800
  • Operating Expense Includes: Insurance,Supplies,Vacancy Allowance,Water/Sewer,Electricity,Gas,Heat/Cooling,Real Estate Tax

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 1.13
  • Lot Dimensions: 300 X200
  • Lot Size Sq Ft: 49432
  • Zoning: OTHER

Building Info

  • BuildingAreaTotal: 32200

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 416598
  • Fuel Expense: 30885
  • Insurance Expense: 33600
  • ElectricExpense: 5222
  • GrossIncome: 797400
  • Maintenance Expense: 16800
  • NumberOfUnitsTotal: 56
  • OperatingExpense: 344036
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 139668
  • Tax Year: 2023

Map

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,071 $6,966 $530 $6,436
2023 $2,178 $8,580 $530 $8,050
2022 $2,178 $5,164 $574 $4,590
2021 $2,095 $5,162 $573 $4,589
2020 $2,048 $5,162 $573 $4,589
2019 $1,567 $3,733 $662 $3,071
2018 $1,560 $3,733 $662 $3,071
2017 $1,559 $3,733 $662 $3,071
2016 $1,641 $3,666 $595 $3,071
2015 $1,611 $3,666 $595 $3,071
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $5,970,000 -8.6% $185 / Sq Ft
05/30/2025 05/30/25 For Sale $6,535,000 -- $203 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,900,000 Gmt Title
Warranty Deed $3,900,000 Gmt Title
Special Warranty Deed $3,485,000 Attorney
Special Warranty Deed -- None Available
Deed -- Atgf Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,215,000 New Conventional
Closed $3,215,000 New Conventional
Previous Owner $2,446,000 Construction
Previous Owner $1,600,000 Commercial
Previous Owner $24,025,000 Commercial
Previous Owner $2,500,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12415132

Midwest Real Estate Data (MRED)

APN: 24-19-223-006-1048