NOT LISTED FOR SALE

7638 Wilcox St Forest Park, IL 60130

7 Beds
6 Baths
-- Sq Ft
1969 Built

Last Sold December 16, 2013

Last sale price $396,500

34 Days on Market

Highlights

  • Lower Floor Utility Room
  • 4-minute walk to Forest Park Station
  • Baseboard Heating
  • Zoned Heating
  • Ceiling Fan
  • Heating System Uses Steam

About This Home

As of December 2013

Simply a perfect location just a few minute walk to the train station and entrance to I-290. A very quiet street on the same block as the police & fire stations. Meticulously maintained with ALL building issues immediately corrected. Highly qualified tenants meeting 650 min credit and 60/40 income to debt ratios with NO exceptions. Check out the income and expenses in "additional info". Great cash flow! An A+++

Last Agent to Sell the Property

Gary Miller

RE/MAX Destiny Listed on: 09/30/2013

Last Buyer's Agent

Gary Miller

RE/MAX Destiny Listed on: 09/30/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,273

Year Built

  • Built in 1969

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 6 Bathrooms

Finished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Lot Details

  • Lot Dimensions are 37 x 124
  • Paved or Partially Paved Lot

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water
  • Cable TV Available

Community Details

  • 4 Units
  • Net Operating Income $30,824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,273

Year Built

Built in 1969

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1969
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Range Hood
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Range Hood

Exterior Features

  • ExteriorFeatures: Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Baseboard, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 19936

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 37 X 124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 30824
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 13273
  • Tax Year: 2012
  • Tax Exemptions: None
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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 List to Sale Price per Sq Ft
12/16/2013 12/16/13 Sold $396,500 -7.8% --
11/03/2013 11/03/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $429,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $19,129 $67,000 $4,687 $62,313
2024 $19,129 $67,000 $4,687 $62,313
2023 $18,505 $67,000 $4,687 $62,313
2022 $18,505 $55,052 $3,047 $52,005
2021 $17,608 $55,050 $3,046 $52,004
2020 $17,234 $55,050 $3,046 $52,004
2019 $16,765 $51,044 $3,046 $47,998
2018 $16,418 $51,044 $3,046 $47,998
2017 $16,077 $51,044 $3,046 $47,998
2016 $13,314 $39,650 $2,812 $36,838
2015 $13,061 $39,650 $2,812 $36,838
2014 $12,833 $39,650 $2,812 $36,838
2013 $13,525 $41,820 $2,812 $39,008
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08456190

Midwest Real Estate Data (MRED)
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