NOT LISTED FOR SALE

8146 Walsh Ln River Grove, IL 60171

16 Beds
12 Baths
-- Sq Ft
1967 Built

Last Sold March 11, 2021

Last sale price $1,180,000

19 Days on Market

About This Home

As of March 2021

Two (2) brick adjoining twin 6 Flat buildings (8146 Walsh Lane & 8150 Walsh Lane) sold together the first time as a great investment package Total of 12 Apartment Units. * ALL NUMBERS AS TAXES, INCOME AND EXPENSES ARE REFLECTIVE FOR BOTH BUILDINGS. Each building has 2 - 2 Bedroom and 4 - 1Bedroom Units, with Living Rooms, all plaster walls and hardwood floors throughout. Both buildings (each Approx. 4,500 Sq Ft) have a quite similar Apartments layout. BOTH BUILDINGS share a Common drive way with Total of 12 assigned parking spaces in the back yard. Meticulously Maintained by Long Term Owner. New Roofs (tear off in 2016). Newer Windows ClimateGuard (2010) New Water Heaters (2020 & 2017). Hard wired smoke detectors. Never been vacancy in the buildings. Although current rents are on lower side because Long term good tenants but are with immediate Rental Upside Potential.

Last Agent to Sell the Property

Jacek Piktel

Coldwell Banker Realty License #475148241 Listed on: 12/28/2020

Coldwell Banker Realty

Last Buyer's Agent

Adam Adamczyk

Ziggy Realty and Builders License #475150508

Property Details

Home Type

  • Multi-Family

Year Built

  • 1967

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Community Details

  • Fuel Expense $5,461
  • Insurance Expense $5,180

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1967

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family, Tenant/Leased
  • Ownership Type: Individual
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 79583
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Shingle Composition
  • Scavenger Expense: 702
  • Total Annual Exp: 45817
  • Total Annual Income: 125400
  • Total Monthly Income: 10450
  • Number Of Refrigs: 12
  • Number Of Stories: 3
  • Estimated Year Built: 1967
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1967

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve, Window Unit/s
  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Gas, Baseboard
  • Water Expense: 4600

Condo/Co-op/Association

  • Units in Building: 12

Fee Information

  • Electricity Expense: 870

Lot Info

  • Lot Dimensions: 82 X 125
  • Parcel Identification Number: 12262040160000

Rental Info

  • Gross Rental Income: 125400
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2019
  • Fuel Expense: 5461
  • Insurance Expense: 5180
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 29004

Range of Values:

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Average Value
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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
03/11/2021 03/11/21 Sold $1,180,000 -4.1% --
01/16/2021 01/16/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $1,230,000 -- --
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: MRD10959083

Midwest Real Estate Data (MRED)