NOT LISTED FOR SALE

8203 Oconnor Dr River Grove, IL 60171

9 Beds
6 Baths
-- Sq Ft
1968 Built

Last Sold September 29, 2021

Last sale price $665,000

24 Days on Market

About This Home

As of September 2021

ALL BRICK HIGHLY SOUGHT AFTER SIX UNIT APARTMENT BUILDING IN RIVER GROVE. THIS BUILDING HAS BEEN IMPECCABLY MAINTAINED AND OFFERS THREE 2 BEDROOM APARTMENTS AND THREE 1 BEDROOM APARTMENT. THE SITE INCLUDES SIX PARKING SPACES PLUS EXTERIOR STORAGE SHED. THIS IDEAL LOCATION IS JUST TWO BLOCKS TO THE THATCHER WOODS SHOPPING CENTER AND JUST A SHORT WALK THE METRA STATION AND BELMONT AVENUE BUS STOPS. ADDITIONAL FEATURES INCLUDE NEWER TUCKPOINTING, NEW HOT WATER HEATER (1-2 YRS) AND A NEWER ROOF (10 YRS)

Last Agent to Sell the Property

George Ristau

Weichert, Realtors - All Pro License #471003303 Listed on: 08/02/2021

Weichert, Realtors - All Pro

Last Buyer's Agent

Deny Quinonez

Fulton Grace Realty License #475178152

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,190

Year Built

  • Built in 1968

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 49 x 114
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for varies by tenant

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $455
  • Fuel Expense $1,768
  • Insurance Expense $2,611
  • Maintenance Expense $2,611
  • Other Expense $750
  • Trash Expense $1,001
  • Water Sewer Expense $3,244
  • Operating Expense $27,456
  • Gross Income $64,800
  • Net Operating Income $39,144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,190

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Courtesy Key
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Gas

Fee Information

  • Trash Expense: 1001
  • Water Sewer Expenses: 3244

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 49 X 114
  • Alternate Phone Number: (708) 205-3868

Rental Info

  • Tenant Pays: Varies by Tenant
  • Board Number: 10

Multi Family

  • Net Operating Income: 39144
  • Fuel Expense: 1768
  • Insurance Expense: 2611
  • ElectricExpense: 455
  • GrossIncome: 64800
  • Maintenance Expense: 2611
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 27456
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 15190
  • Tax Year: 2019
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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
09/29/2021 09/29/21 Sold $665,000 -2.1% --
08/27/2021 08/27/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $679,000 -- --
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 $20,696 $77,000 $7,044 $69,956
2024 $20,696 $64,000 $5,917 $58,083
2023 $20,289 $64,000 $5,917 $58,083
2022 $20,289 $64,000 $5,917 $58,083
2021 $14,744 $39,214 $4,226 $34,988
2020 $14,007 $39,214 $4,226 $34,988
2019 $15,191 $48,452 $4,226 $44,226
2018 $12,537 $36,144 $3,662 $32,482
2017 $13,297 $38,797 $3,662 $35,135
2016 $13,347 $43,974 $3,662 $40,312
2015 $12,128 $37,490 $3,240 $34,250
2014 $12,014 $37,490 $3,240 $34,250
2013 $11,528 $37,490 $3,240 $34,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11176420

Midwest Real Estate Data (MRED)
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