NOT LISTED FOR SALE

8340 Oconnor Dr River Grove, IL 60171

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

Sale Details

Date 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 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11144005

Midwest Real Estate Data (MRED)
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