George Ayling
Select a Fee RE System
(708) 859-7153
202 Total Sales
1 in River Grove
$225,000 Price
8137 Oconnor Dr River Grove, IL 60171
River Grove Area
9
Beds
6
Baths
4,914
Sq Ft
5,040
Sq Ft Lot
About This Home
As of December 2024Solid O'Connor Drive investment opportunity. All masonry 6-unit rental building with 6+ CAP RATE located in River Grove within walking distance to River Grove Metra, shopping & restaurants. Solid "workforce" 6 unit -- three (3) 2BR/1 bath and three (3) 1BR/1 bath. 6 parking spaces and laundry. Current monthly rental income is $7150. Rents are below market. Property will be sold AS-IS. Tear off roof 2006 & aluminum coating 2023, boiler replaced 2008 with wifi sensors, replacement windows installed 2007, new hot water heater 2023. Village of River Grove pre sale inspection completed. Convenient bus stops located along Cumberland Avenue, Belmont Avenue and Grand Avenue. O'Hare Airport is six miles northwest.
Last Agent to Sell the Property
Gullo & Associates License #471004288 Listed on: 09/04/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,731
Year Built
- Built in 1970
Lot Details
- 5,040 Sq Ft Lot
- Lot Dimensions are 50x100
Home Design
- Brick Exterior Construction
Interior Spaces
- 4,914 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Utilities
- Central Heating
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $366
- Fuel Expense $3,335
- Insurance Expense $2,479
- Maintenance Expense $2,300
- Trash Expense $1,248
- Water Sewer Expense $5,809
- Operating Expense $34,100
- Gross Income $85,800
- Net Operating Income $51,700
Home Values in the Area
Average Home Value in this Area
Agents Specializing in River Grove, IL
-
George Ayling
-
Luigui Corral
Luigui Corral
RE/MAX American Dream
(224) 212-1953
176 Total Sales
1 in River Grove
$320,000 Price
-
Joelle Venzera
Joelle Venzera
Compass
(708) 564-3952
110 Total Sales
1 in River Grove
$365,000 Price
-
Jerzy Mastalerczyk
Jerzy Mastalerczyk
Real Broker LLC
(833) 455-1587
80 Total Sales
1 in River Grove
$195,000 Price
-
Michael Sorensen
Michael Sorensen
Chicagoland Brokers, Inc.
(888) 604-7961
82 Total Sales
1 in River Grove
$157,900 Price
-
Dave Johnson
Dave Johnson
City and Field Real Estate
(872) 228-2280
83 Total Sales
1 in River Grove
$350,000 Price
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 |
|---|---|---|---|
| $800,000 | Prairie Title | ||
| Maslowski Adam | $583,500 | Multiple | |
| Vesselinov Nikolay | -- | -- | |
| Vesselinov Vassil H | $370,000 | Mercury Title Company | |
| The Chicago Trust Company | $321,000 | -- |
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 |
|---|---|---|---|
| Open | $705,000 | ||
| Closed | 8137 W Oconnor Llc | $600,000 | |
| Closed | Maslowski Adam | $445,300 | |
| Previous Owner | Vesselinov Vassil H | $286,000 |
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 |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $800,000 | -5.9% | $163 / Sq Ft |
| 11/09/2024 11/09/24 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | For Sale | $850,000 | -- | $173 / Sq Ft |
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 | $19,732 | $76,000 | $6,300 | $69,700 |
| 2024 | $19,732 | $61,017 | $5,292 | $55,725 |
| 2023 | $19,343 | $61,017 | $5,292 | $55,725 |
| 2022 | $19,343 | $61,017 | $5,292 | $55,725 |
| 2021 | $14,632 | $38,915 | $3,780 | $35,135 |
| 2020 | $13,900 | $38,915 | $3,780 | $35,135 |
| 2019 | $16,698 | $53,259 | $3,780 | $49,479 |
| 2018 | $15,179 | $43,762 | $3,276 | $40,486 |
| 2017 | $14,998 | $43,762 | $3,276 | $40,486 |
| 2016 | $13,283 | $43,762 | $3,276 | $40,486 |
| 2015 | $10,857 | $33,561 | $2,898 | $30,663 |
| 2014 | $10,755 | $33,561 | $2,898 | $30,663 |
| 2013 | $11,366 | $36,963 | $2,898 | $34,065 |
Source: Public Records
Agents Affiliated with this Home
-
David Gullo
Seller's Agent in 2024
David Gullo
Gullo & Associates
(708) 567-1375
78 Total Sales
-
Oleg Komarnytskyy
Buyer's Agent in 2024
Oleg Komarnytskyy
KOMAR
(847) 235-0305
223 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12154971
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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