NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
1966 Built

Last Sold November 19, 2020

Last sale price $380,000

209 Days on Market

About This Home

As of November 2020

This outstanding 4-unit property features three 2-Bedroom ,1-Bath Units, and, one-1-Bedroom ,1-Bath unit. Additional features include a private parking lot, newer energy efficient windows, and, a owner-owned coin op washer & dryer. Located in a quiet residential area that is close to schools, shopping, transportation. The building is within walking distance of downtown Tinley Park and One Block from the Metra station. Please note that the property is being sold as a package with 6729 174th Place. [Directly next door]. Please reference MLS # 10586886. A great opportunity for a true turn-key investment ! Please make offers subject to inspecting all units. Due to COVID-19, physical inspections are currently limited.

Last Agent to Sell the Property

James Tammaro

RE/MAX 10 License #475114220 Listed on: 12/05/2019

RE/MAX 10

Last Buyer's Agent

Erika Villegas

Re/Max In The Village License #471020421

Re/Max In The Village

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,458

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 47 x 125

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $293
  • Fuel Expense $1,492
  • Insurance Expense $1,579
  • Professional Management Expense $300
  • Trash Expense $565
  • Water Sewer Expense $1,152
  • Gross Income $43,680
  • Net Operating Income $25,431

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,458

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 300
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • List Price: 409500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 565
  • Water Sewer Expenses: 1152
  • Other Expenses $: 435
  • Trash Expense Year: 2019

Schools

  • Middle/Junior School District: 146

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 47 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 25431
  • Fuel Expense: 1492
  • Insurance Expense: 1579
  • ElectricExpense: 293
  • GrossIncome: 43680
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 12458
  • Tax Year: 2018

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/19/2020 11/19/20 Sold $380,000 -7.2% --
07/01/2020 07/01/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $409,500 +7.8% --
04/02/2020 04/02/20 Off Market $380,000 -- --
02/21/2020 02/21/20 For Sale $409,500 0.0% --
02/03/2020 02/03/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $409,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10586883

Midwest Real Estate Data (MRED)