NOT LISTED FOR SALE

8600 45th St Lyons, IL 60534

Lyons Area
5 Beds
2 Baths
-- Sq Ft
1972 Built

Sale Details

Date Sold: July 3, 2024

Last sale price $290,000

58 Days on Market

Highlights

  • Property is near park
  • Patio
  • Outdoor Storage
  • 2.5 Car Detached Garage

About This Home

As of July 2024

MULTIPLE OFFERS RECEIVED. FINAL OFFER DEADLINE IS NOON ON TUESDAY 4/2. Investors and Rehabbers - A solid brick 2 flat with great bones tucked in a cute neighborhood. Being Conveyed "As Is". Renter appealing layout with one 3 bedroom 1 bath unit and one 2 bedroom 1 bath unit. Big, south facing LR windows bring in the sun. Needs work to make it all shine. It should rent for $1600-$1800 (3 bed) and $1300-$1400 (2 bed) or $35,000+ annual rental income. Updates should not require relocating plumbing, fixtures, etc... If you're flipping it, the ARV is $400,000.

Last Agent to Sell the Property

Jody Wise

@properties Christie's International Real Estate License #475123620 Listed on: 03/28/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Irene Perez

eXp Realty License #475187444

eXp Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,425

Year Built

  • Built in 1972

Parking

  • 2.5 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Lot Dimensions are 102.5 x 49.9
  • Property is near park

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,425

Year Built

Built in 1972

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Patio
  • OtherStructures: Garage(s), Storage
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park

Lot Info

  • Lot Dimensions: 102.5 X 49.9
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7425.03
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

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
Mar 28, 2024
Closed on
Jul 2, 2024
Sold by
Bought by
Seller's Agent
Jody Wise
@properties Christie's International Real Estate
Buyer's Agent
Irene Perez
eXp Realty
List Price
$225,000
Sold Price
$290,000
Premium/Discount to List
$65,000
28.89%
Views
198

Purchase Details

Closed on
Jun 10, 2003
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
$200,200
Interest Rate
5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 28, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$290,000 Stewart Title
$286,000 Chicago Title Insurance Co
-- --
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
Previous Owner $200,200
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
07/03/2024 07/03/24 Sold $290,000 0.0% --
05/31/2024 05/31/24 Off Market $290,000 -- --
05/26/2024 05/26/24 Pending -- -- --
05/24/2024 05/24/24 Pending -- -- --
04/02/2024 04/02/24 Off Market $290,000 -- --
03/28/2024 03/28/24 For Sale $225,000 -- --
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 $8,675 $32,001 $2,933 $29,068
2024 $8,675 $32,001 $2,933 $29,068
2023 $7,425 $32,001 $2,933 $29,068
2022 $7,425 $23,859 $2,550 $21,309
2021 $7,069 $23,858 $2,550 $21,308
2020 $7,181 $23,858 $2,550 $21,308
2019 $7,328 $22,462 $2,295 $20,167
2018 $7,163 $22,462 $2,295 $20,167
2017 $6,916 $22,462 $2,295 $20,167
2016 $5,649 $17,010 $2,040 $14,970
2015 $5,477 $17,010 $2,040 $14,970
2014 $5,307 $17,010 $2,040 $14,970
2013 $6,021 $20,312 $2,040 $18,272
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12011181

Midwest Real Estate Data (MRED)
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