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Seller's Agent in 2022
Emily Habich
Marcus & Millichap Chicago Apartment Brokers
(630) 570-2235
22 Total Sales
845 Lyman Ave Oak Park, IL 60304
20
Beds
9
Baths
8,800
Sq Ft
7,536
Sq Ft Lot
About This Home
As of March 2022Well-maintained multi-family investment opportunity in desirable Oak Park location. Property consists of two buildings located at 845 Lyman Avenue and 841 Lyman Avenue. 845 Lyman Avenue is a 7-unit building comprised of 3 2-bedroom/1-bathroom units, 3 3-bedroom/1-bathroom units, and 1 retail space. 841 Lyman Avenue is a 2-unit house comprised of 1 2-bedroom/1-bathroom unit and 1 3-bedroom/2-bathroom unit with a den. Convenient access to Route 43, Interstate 290, and Austin Blue Line CTA Station. Close proximity to retail and dining options on Roosevelt Road and Madison Street and surrounded by numerous recreational parks, golf courses, and nature trails.
Last Agent to Sell the Property
Marcus & Millichap Chicago Apartment Brokers License #475186663 Listed on: 08/23/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $38,118
Year Built
- Built in 1930
Lot Details
- 7,536 Sq Ft Lot
- Additional Parcels
Interior Spaces
- 8,800 Sq Ft Home
- 4-Story Property
Bedrooms and Bathrooms
- 20 Bedrooms
- 9 Bathrooms
Utilities
- Heating System Uses Steam
Listing and Financial Details
- Tenant pays for air conditioning
Community Details
Overview
- 9 Units
Building Details
- Fuel Expense $11,172
- Insurance Expense $4,575
- Maintenance Expense $2,700
- Manager Expense $7,144
- Other Expense $5,875
- Operating Expense $72,284
- Gross Income $150,396
- Net Operating Income $70,593
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2021
Closed on
Apr 12, 2022
Sold by
Bought by
Seller's Agent
Emily Habich
Marcus & Millichap Chicago Apartment Brokers
Buyer's Agent
Anthony Garland
AGG Realty Group LLC
List Price
$1,400,000
Sold Price
$1,100,000
Premium/Discount to List
-$300,000
-21.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$56,271
Interest Rate
4.72%
Purchase Details
Listed on
Aug 23, 2021
Closed on
Mar 25, 2022
Sold by
Bought by
Seller's Agent
Emily Habich
Marcus & Millichap Chicago Apartment Brokers
Buyer's Agent
Anthony Garland
AGG Realty Group LLC
List Price
$1,400,000
Sold Price
$1,100,000
Premium/Discount to List
-$300,000
-21.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$56,271
Interest Rate
4.72%
Purchase Details
Closed on
Jun 15, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 5, 2015
Sold by
Bought by
Purchase Details
Closed on
Aug 6, 2003
Sold by
Bought by
Purchase Details
Closed on
Oct 1, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8.37%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| -- | -- | ||
| $1,100,000 | None Listed On Document | ||
| -- | Chicago Title Land Trust Com | ||
| $70,000 | None Available | ||
| -- | -- | ||
| $425,000 | Prairie Title |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $60,000 | ||
| Closed | $60,000 | ||
| Open | $1,404,000 | ||
| Closed | $1,404,000 | ||
| Previous Owner | $590,000 | ||
| Previous Owner | $340,000 |
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 |
|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $1,100,000 | -21.4% | $125 / Sq Ft |
| 09/17/2021 09/17/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $1,400,000 | -- | $159 / 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 | $30,622 | $93,931 | $6,314 | $87,617 |
| 2024 | $30,622 | $93,931 | $6,314 | $87,617 |
| 2023 | $31,135 | $93,931 | $6,314 | $87,617 |
| 2022 | $31,135 | $81,080 | $11,275 | $69,805 |
| 2021 | $30,340 | $81,080 | $11,275 | $69,805 |
| 2020 | $29,598 | $81,080 | $11,275 | $69,805 |
| 2019 | $24,789 | $64,612 | $6,539 | $58,073 |
| 2018 | $23,860 | $64,612 | $6,539 | $58,073 |
| 2017 | $23,337 | $64,612 | $6,539 | $58,073 |
| 2016 | $25,148 | $62,483 | $5,750 | $56,733 |
| 2015 | $22,533 | $62,483 | $5,750 | $56,733 |
| 2014 | $20,938 | $62,483 | $5,750 | $56,733 |
| 2013 | $20,335 | $62,483 | $5,750 | $56,733 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Habich
-
Anthony Garland
Buyer's Agent in 2022
Anthony Garland
AGG Realty Group LLC
(708) 925-7623
19 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11198115
APN: 16-17-129-037-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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