NOT LISTED FOR SALE

7228 38th Place Lyons, IL 60534

Lyons Area
6 Beds
4 Baths
-- Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: January 22, 2024

Last sale price $514,999

2 Days on Market

Highlights

  • 2 Car Detached Garage
  • Central Elementary School Rated A
  • Heating System Uses Steam

About This Home

As of January 2024

Welcome to this meticulously maintained 4-unit property, a perfect investment opportunity. This charming building features two units with updated tile bathrooms and two bedrooms. While the other two offer one bed and one bath, making it versatile for various tenant needs. Tenants will appreciate the on-site laundry room with coin-operated machines, and for those with vehicles, there's a two-car garage available for rent. Plus, the brand-new sump pump installed in July 2023 adds an extra layer of security. Don't miss this chance to add this attractive investment property to your portfolio. Schedule a showing today and seize this captivating opportunity.

Last Agent to Sell the Property

Eduardo Garcia

Realty of America, LLC License #471009113 Listed on: 11/18/2023

Realty of America, LLC

Last Buyer's Agent

Danielle Moy

@properties Christie?s International Real Estate License #475120040

@properties Christie?s International Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,629

Year Built

  • Built in 1966

Lot Details

  • 3,920

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Riverside Brookfield Twp Senior High School

Utilities

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

Additional Features

  • 4-Story Property
  • 3,920 Sq Ft Lot

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $22
  • Trash Expense $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,629

Year Built

Built in 1966

Lot Details

3,920 Sq Ft Lot

Parking

2

Listing Details

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

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Fee Information

  • Trash Expense: 200

Schools

  • High School: Riverside Brookfield Twp Senior

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 4256
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • ElectricExpense: 22
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Story Unit/s

Tax Info

  • Tax Annual Amount: 6629.48
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Gamilla Eric James Luciano and Gamilla Katrina Pal
Bought by

Purchase Details

Listed on
Nov 18, 2023
Closed on
Jan 2, 2024
Sold by
Fudalewicz Waclaw
Bought by
Camilla Eric James Lucian and Camilla Katrina Palomo
Seller's Agent
Eduardo Garcia
Realty of America, LLC
Buyer's Agent
Danielle Moy
@properties Christie?s International Real Estate
List Price
$519,999
Sold Price
$514,999
Premium/Discount to List
-$5,000
-0.96%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,249
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 5, 2021
Closed on
Aug 26, 2021
Sold by
Memed Rifat and Memed Priscilla
Bought by
Fudalewicz Waclaw
Seller's Agent
Eduardo Garcia
Realty of America, LLC
Buyer's Agent
Eduardo Garcia
Realty of America, LLC
Sold Price
$426,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$418,284
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2004
Sold by
Bizek Catherine L
Bought by
Memed Rifat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lyons, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Camilla Eric James Lucian $515,000 None Listed On Document
Fudalewicz Waclaw $426,000 Chicago Title Insurance Co
Memed Rifat $292,500 Git
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $386,249
Previous Owner Fudalewicz Waclaw $418,284
Closed Memed Rifat $175,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2024 01/22/24 Sold $514,999 -1.0% --
11/21/2023 11/21/23 Pending -- -- --
11/18/2023 11/18/23 For Sale $519,999 +22.1% --
10/14/2021 10/14/21 Sold $426,000 +6.5% -- View Prior Sale
07/30/2021 07/30/21 Pending -- -- --
07/24/2021 07/24/21 For Sale -- -- --
07/07/2021 07/07/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $400,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,394 $41,000 $3,298 $37,702
2024 $13,394 $41,000 $3,298 $37,702
2023 $6,929 $41,000 $3,298 $37,702
2022 $6,929 $17,666 $2,873 $14,793
2021 $6,630 $17,665 $2,872 $14,793
2020 $6,410 $17,665 $2,872 $14,793
2019 $9,237 $25,250 $2,660 $22,590
2018 $9,004 $25,250 $2,660 $22,590
2017 $8,704 $25,250 $2,660 $22,590
2016 $7,427 $20,179 $2,340 $17,839
2015 $7,242 $20,179 $2,340 $17,839
2014 $7,134 $20,179 $2,340 $17,839
2013 $7,296 $22,503 $2,340 $20,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11933623

Midwest Real Estate Data (MRED)
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