$5,500,000
UNDER CONTRACT

799 Titan Ct Chatham, IL 62629

Estimated payment $32,605/month

Total Views 1,813
6 Beds
-- Bath
88,862 Sq Ft
$62 Price per Sq Ft

Highlights

  • Storage
  • Glenwood High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

**Investment Opportunity: 60-Unit Complex** Discover a fantastic investment opportunity with this 60-unit complex featuring a mix of townhouses and apartments. The property offers a variety of living options, including charming 1-bedroom, 1-bath units, and spacious 2 and 3-bedroom units with 2 full baths, catering to diverse tenant needs. Residents will enjoy a range of amenities, including a fully-equipped workout room, a basketball court for leisure and fitness, a playground for family enjoyment, and a cozy office space ideal for small gatherings. Conveniently located near shopping, dining, parks, and recreational activities, including access to Lake Springfield, this property offers a lifestyle that encourages both relaxation and activity. Situated within the highly regarded Chatham school district, it’s perfect for families or professionals seeking a vibrant community. Don’t miss out on this exceptional investment opportunity! There are 8 1 bed, 1 bath units (Rent Range $798-$1000), 22 2 bed, 2 bath units (Rent Range $957-$1200), and 30 3 bed, 2 bath units ($1,106-$1,500). There are 26 garages available to lease. IHDA Processes Due Diligence checklist (LIHTC) Rent Roll Addendum available upon request.

Listing Agent

Laura Baragiola

RE/MAX Professionals Brokerage Phone: 217-299-2812 License #471017836 Listed on: 04/30/2025

RE/MAX Professionals

Co-Listing Agent

Anita Robinson

RE/MAX Professionals Brokerage Phone: 217-299-2812 License #475207917

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,998

Year Built

  • Built in 2005

Lot Details

  • 2.04 Acre Lot

Parking

  • 120 Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms
  • 88,862 Sq Ft Home
  • Storage

Schools

  • Chatham District #5 High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Oakbrook Estates Subdivision
  • Trash Expense $5,400

Listing and Financial Details

  • Assessor Parcel Number 29-06.0-329-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,998

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 2005
  • New Construction: No
  • Structure Type: Other
  • PricePerSqFt: 61.89
  • Attribution Contact: Mobl: 217-299-2812
  • Special Features: 4224

Interior Features

  • Basement: None
  • Total Bedrooms: 6
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Other
  • Road Surface Type: Paved
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Guest, Garage Door Opener
  • Total Parking Spaces: 120

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Electric Water Heater
  • Electric Expense: 10000
  • Water Sewer Expenses: 48000
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 61
  • NumberOfHeatingUnits: 62
  • NumberOfCentralAirUnits: 62
  • NumberOfGasMeters: 0
  • NumberOfElectricMeters: 62
  • NumberofWaterMeters: 1
  • NumberOfRanges: 60
  • NumberofRefrigerators: 61
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 61
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 2875

Fee Information

  • Trash Expense: 5400
  • AdvertisingExpense: 0
  • OtherExp1Description: Consulting

Schools

  • High School: Chatham District #5

Lot Info

  • Lot Size Acres: 2.04
  • Lot Size: Irregular
  • Parcel #: 29-06.0-329-001

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 79986.94
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 60
  • Annual Gross Income: 776664
  • Annual Operating Expense: 103188

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $40,998 $564,109 $56,411 $507,698
2023 $39,514 $519,150 $51,915 $467,235
2022 $15,545 $199,794 $46,240 $153,554
2021 $15,408 $196,454 $45,467 $150,987
2020 $15,030 $191,662 $44,358 $147,304
2019 $14,788 $191,432 $44,305 $147,127
2018 $14,407 $189,181 $43,784 $145,397
2017 $14,252 $187,123 $43,308 $143,815
2016 $14,022 $183,256 $42,413 $140,843
2015 $14,100 $181,477 $42,001 $139,476
2014 $14,038 $179,413 $41,523 $137,890
2013 $13,781 $176,657 $40,885 $135,772
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Sale $5,500,000 0.0% $62 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $5,500,000 0.0% $62 / Sq Ft
06/21/2023 06/21/23 For Rent $549 0.0% --
06/19/2023 06/19/23 For Rent $549 0.0% --
06/07/2022 06/07/22 For Rent $549 0.0% --
05/29/2022 05/29/22 Price Changed $549 +6.2% $1 / Sq Ft
05/18/2022 05/18/22 For Rent $517 -- --
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $4,000,000 Knight Barry Title
Special Warranty Deed $2,000,000 Dinsmore & Shohl Llp
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,418,700 New Conventional
Previous Owner $1,035,000 New Conventional
Closed $465,000 No Value Available
Source: Public Records

Source: RMLS Alliance

MLS Number: CA1036079

RMLS Alliance

APN: 29-06.0-329-001