NOT LISTED FOR SALE

7919 S 83rd Ct Justice, IL 60458

12 Beds
6 Baths
5,880 Sq Ft
9,976 Sq Ft Lot

Last Sold April 25, 2024

Last sale price $735,000 $125 Per Sq Ft

21 Days on Market

Highlights

  • Hot Water Heating System
  • Walk-Up Access
  • 4-minute walk to Gottwald Memorial Park
  • Argo Community High School Rated A-

About This Home

As of April 2024

Conveniently located Justice 6 Unit offers an Excellent Investment Opportunity! All very Roomy Units with 5 Rooms and 2 Bedrooms (approximately 1000 SQ FT each)! All units have front Balconies. Unit 1S is a potential owners unit and can be duplexed with unfinished basement (1500 additional square feet)! Additional income from coin-op Washer and Dryer! Great lot with striped parking for 12 cars! Excellent opportunity to grow rents which are currently under market. Walking distance to schools and public park! Easy access to transportation/ expressway access. Sprinklers in Hallways! Storage for each unit in lower level. Great Building just under 6000 SQ. FT. plus full basement!! Property to be sold AS-IS.

Last Listed By

Bill Erdman

Century 21 Circle License #471002507 Listed on: 02/14/2024

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,815

Year Built

  • Built in 1979

Lot Details

  • 9,976 Sq Ft Lot
  • Lot Dimensions are 75 x 133
  • Partial Sprinkler System

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,880 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Unfinished Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Basement Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $3,000
  • Insurance Expense $3,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,800
  • Operating Expense $24,215
  • Gross Income $67,200
  • Net Operating Income $44,985

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,815

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1979
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Possible Use: Condominium
  • Basement Description: Unfinished,Exterior Access,Storage Space,Walk-Up Access
  • Fire Protection: Partially Sprinklered
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 729900
  • Exterior Building Type: Brick

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1000
  • Water Sewer Expenses: 1800
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75 X 133
  • Lot Size Sq Ft: 9976

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 5880
  • Building Unit Info: Sprinkler System,Storage/Locker Area

Multi Family

  • Net Operating Income: 44985
  • Fuel Expense: 3000
  • Insurance Expense: 3000
  • ElectricExpense: 600
  • GrossIncome: 67200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24215
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 15815
  • Tax Year: 2022

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

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $735,000 0.0% $125 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/27/2024 02/27/24 Off Market $735,000 -- --
02/14/2024 02/14/24 For Sale $729,900 -- $124 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11979365

Midwest Real Estate Data (MRED)