NOT LISTED FOR SALE

8340 Oconnor Dr River Grove, IL 60171

9 Beds
6 Baths
4,914 Sq Ft
6,098 Sq Ft

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
  • River Grove School Rated 9+

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 Agent to Sell the Property

Gregorio Cirone

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

Last Buyer's Agent

Pawel Czauderna

Leader Realty, Inc. License #471015123

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

6,105 Sq Ft Lot

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
  • SomePhotosVirtuallyStaged: No
  • 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 Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • 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

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
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16369
  • Tax Year: 2019
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 List to Sale Price per Sq Ft
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

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 $20,372 $77,000 $7,780 $69,220
2024 $20,372 $63,000 $6,535 $56,465
2023 $19,972 $63,000 $6,535 $56,465
2022 $19,972 $63,000 $6,535 $56,465
2021 $16,765 $44,587 $4,668 $39,919
2020 $15,926 $44,587 $4,668 $39,919
2019 $16,369 $52,210 $4,668 $47,542
2018 $14,732 $42,472 $4,045 $38,427
2017 $14,556 $42,472 $4,045 $38,427
2016 $12,892 $42,472 $4,045 $38,427
2015 $10,950 $33,848 $3,578 $30,270
2014 $10,847 $33,848 $3,578 $30,270
2013 $11,645 $37,869 $3,578 $34,291
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)
Your Personal Tour Guide

Ask me questions while you tour the home.