NOT LISTED FOR SALE

8340 Oconnor Dr River Grove, IL 60171

9 Beds
6 Baths
4,914 Sq Ft
6,105 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $640,000 $130 Per Sq Ft

16 Days on Market

Highlights

  • Laundry Room
  • Zoned Heating System
  • Baseboard Heating

About This Home

As of September 2021

WOW!!! Amazing River Grove building!! Rarely available!! Come and Cash flow right away!! Well-kept for many years!! Features 6 Units, Low Expenses!! Below market rents - Income could be much more look at comps close by!! HAS 3 - 2 BEDROOM UNITS AND 3 - 1 BEDROOM APARTMENTS. ALL UNITS UPDATED AS TURNED OVER THE YEARS! Well-kept for years!! Wow!! Coin laundry room!!!! Really a Great Location!! So much potential! 10 Parking spots!!! And Close to all-shopping, highway, Restaurants, Schools!!! Solid Structure! PERFECT Investment!! So much to say!! Private parking!!! Come and see this you're going LOVE it!!

Last Listed By

Gregorio Cirone

xr realty License #471003959 Listed on: 07/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,369

Year Built

  • Built in 1968

Lot Details

  • 6,105 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,914 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $356
  • Fuel Expense $2,100
  • Insurance Expense $1,859
  • Trash Expense $828
  • Water Sewer Expense $2,400
  • Operating Expense $19,885
  • Gross Income $3,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,369

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,Non-Disclosure Agreement,No Sign on Property,Highly Confidential
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Possible Use: Condominium, Multi-Family
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Misc Inside: Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 654900
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Hip
  • Misc Outside: Balcony/ies,Patio

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Separate Meters, Service - 0 to 100 Amps
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Central Bldg Heat,Gas,Baseboard,Radiant,Zoned
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 828
  • Water Sewer Expenses: 2400
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 6105
  • Lot Size Sq Ft: 6105
  • Zoning: MULTI
  • Land Amenities: Sidewalks
  • Alternate Phone Number: (708) 456-9200

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 4914

Multi Family

  • Fuel Expense: 2100
  • Insurance Expense: 1859
  • ElectricExpense: 356
  • GrossIncome: 3880
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 19885
  • Expense Year: 2020
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16369
  • Tax Year: 2019

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/17/2021 09/17/21 Sold $640,000 -2.3% $130 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $654,900 -- $133 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11144005

Midwest Real Estate Data (MRED)