NOT LISTED FOR SALE

6850 W Lode Dr Unit 3A Worth, IL 60482

Estimated Value: $129,759 - $152,000

2 Beds
1 Bath
900 Sq Ft
$264/mo HOA Fee

Last Sold February 16, 2024

Last sale price $123,000 $137 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,236/month

36 Days on Market

Highlights

  • Landscaped Professionally
  • Park
  • Forced Air Heating System
  • Worth Jr High School Rated 9+
  • Resident Manager or Management On Site
  • Dogs and Cats Allowed

About This Home

As of February 2024

*** Tenant Occupied unit ---ATTENTION INVESTORS!! Prime Investment Opportunity in Southwest Suburban Worth! Welcome to a lucrative investment opportunity in the heart of the highly sought-after Southwest Suburban Worth area. This meticulously renovated 2-bed, 1-bath condo with in-unit washer/dryer offers immediate rental income with a dependable tenant in place. The 2021 remodel features a stylish kitchen with new granite countertops, remodeled cabinets, and modern appliances. Enjoy new flooring, energy-efficient lighting, and a thoughtfully updated bathroom. Individual room thermostats provide customizable comfort, making it ideal for tenants. Located in a vibrant neighborhood, this condo comes with an assigned parking space at the rear of the building (Unit 503A), and ample guest parking is available nearby. The property is being sold as-is, offering investors immediate possession and a seamless transition of ownership. Don't miss this opportunity to add a hassle-free, income-generating property to your investment portfolio. Whether you're a seasoned investor or a newcomer to the real estate market, this turnkey condo in a prime location offers a secure and profitable investment. Schedule a viewing today and secure your place in one of the most promising investment opportunities in the area.

Last Agent to Sell the Property

Rame Mahmoud

HomeSmart Realty Group License #475205724 Listed on: 12/21/2023

HomeSmart Realty Group

Last Buyer's Agent

Enrique Trejo

Re/Max In The Village License #475177880

Re/Max In The Village

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1975 | Remodeled in 2021

Lot Details

  • Landscaped Professionally

HOA Fees

  • $264 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway
  • Parking Included in Price
  • Assigned Parking
  • Unassigned Parking

Schools

  • Worth Elementary School
  • Worth Junior High School
  • A B Shepard High School (Campus

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • 100 Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Kim Association, Phone Number (708) 532-4600
  • Lode Park Condos Subdivision, Condo Floorplan
  • Property managed by ADVANCED PROPERTY SPECIALISTS

Recreation

  • Park

Pet Policy

  • Pets up to 75 lbs
  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,669

Year Built

Built in 1975 | Remodeled in 2021

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Lode Park Condos
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2021
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 900
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 900
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 1
  • Parking Features: Assigned, Unassigned
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Window/Wall Unit - 1
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 264
  • Association Amenities: Park
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: ADVANCED PROPERTY SPECIALISTS
  • Management Contact Name: KIM
  • Management Phone: 708-532-4600
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Worth Elementary School
  • High School: A B Shepard High School (Campus
  • Middle/Junior School: Worth Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 75

Tax Info

  • Tax Annual Amount: 2669.26
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 15, 2024
Sold by
Musleh Realty Llc
Bought by
Abouelfatouh Sharara And Gloria Sharara Joint
Seller's Agent
Rame Mahmoud
HomeSmart Realty Group
Buyer's Agent
Enrique Trejo
Re/Max In The Village
List Price
$139,900
Sold Price
$123,000
Premium/Discount to List
-$16,900
-12.08%
Views
465
Current Estimated Value
$137,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,940
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Jul 31, 2022
Sold by
Musleh Ali
Bought by
Musleh Realty Llc

Purchase Details

Listed on
Mar 12, 2021
Closed on
Jun 28, 2021
Sold by
Wezvar Holdings Llc
Bought by
Musleh Ali N
Seller's Agent
Rich Clark
Century 21 Circle
Buyer's Agent
Rich Clark
Century 21 Circle
List Price
$86,000
Sold Price
$76,000
Premium/Discount to List
-$10,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%

Purchase Details

Closed on
Feb 24, 2003
Sold by
Wezner Matthew R
Bought by
Wezvar Holdings Llc

Purchase Details

Closed on
Aug 30, 2002
Sold by
Burton Income Properties Iv
Bought by
Wezner Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,110
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abouelfatouh Sharara And Gloria Sharara Joint $123,000 First American Title
Musleh Realty Llc -- None Listed On Document
Musleh Ali N $76,000 Fidelity National Title
Wezvar Holdings Llc -- --
Wezner Matthew -- 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wezner Matthew $70,110
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $123,000 -12.1% $137 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $139,900 0.0% $155 / Sq Ft
09/28/2021 09/28/21 Rented -- -- --
09/20/2021 09/20/21 For Rent $1,450 0.0% --
07/01/2021 07/01/21 Sold $76,000 -7.3% $84 / Sq Ft View Prior Sale
06/07/2021 06/07/21 Pending -- -- --
05/17/2021 05/17/21 Price Changed $82,000 -2.4% $91 / Sq Ft
05/05/2021 05/05/21 Price Changed $84,000 -1.2% $93 / Sq Ft
04/27/2021 04/27/21 Price Changed $85,000 -1.2% $94 / Sq Ft
03/12/2021 03/12/21 For Sale $86,000 -- $96 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2025 $3,012 $8,414 $1,005 $7,409
2024 $3,012 $8,414 $1,005 $7,409
2023 $2,774 $8,414 $1,005 $7,409
2022 $2,774 $6,577 $1,180 $5,397
2021 $2,669 $6,576 $1,179 $5,397
2020 $2,609 $6,576 $1,179 $5,397
2019 $2,208 $5,262 $1,092 $4,170
2018 $2,199 $5,262 $1,092 $4,170
2017 $2,198 $5,262 $1,092 $4,170
2016 $2,174 $4,857 $917 $3,940
2015 $2,134 $4,857 $917 $3,940
2014 $2,092 $4,857 $917 $3,940
2013 $2,168 $5,588 $917 $4,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11950458

Midwest Real Estate Data (MRED)

APN: 24-18-317-014-1035