NOT LISTED FOR SALE

8604 47th St Lyons, IL 60534

11 Beds
6 Baths
-- Sq Ft
1963 Built

Last Sold March 22, 2023

Last sale price $500,000

8 Days on Market

About This Home

As of March 2023

PROPERTY NEEDS WORK-THIS IS NOT A TURN KEY!!!RARELY AVAILABLE LYONS 6 UNIT DIRECTLY ACROSS FROM NEW INDUSTRIAL PARK. 5-2 BR UNITS AND 1-1 BR. 6 OFF STREET SPACES. ALL LARGE UNITS. NEWER BOILER AND HWT. PROPERTY BEING SOLD AS-IS, BUYER RESPONSIBLE FOR VILLAGE REQUIREMENTS.

Last Agent to Sell the Property

James Stillo

Skydan Real Estate Sales, LLC License #471015510 Listed on: 01/10/2023

Last Buyer's Agent

Andriy Voloshchuk

Coldwell Banker Realty License #475178911

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,196

Year Built

  • Built in 1963

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Garden Apartment
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 47x121
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $268
  • Fuel Expense $4,810
  • Insurance Expense $2,100
  • Trash Expense $848
  • Water Sewer Expense $3,569
  • Operating Expense $26,791
  • Gross Income $67,320
  • Net Operating Income $41,429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,196

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Garden Complex
  • Stories: 2
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Central Bldg Heat

Fee Information

  • Trash Expense: 848
  • Water Sewer Expenses: 3569

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 47X121

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 41429
  • Fuel Expense: 4810
  • Insurance Expense: 2100
  • ElectricExpense: 268
  • GrossIncome: 67320
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 26791
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 15196
  • Tax Year: 2020
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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
03/22/2023 03/22/23 Sold $500,000 -5.5% --
01/19/2023 01/19/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $529,000 -- --
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 $16,029 $53,000 $3,269 $49,731
2024 $16,029 $53,000 $3,269 $49,731
2023 $15,956 $53,000 $3,269 $49,731
2022 $15,956 $43,922 $2,843 $41,079
2021 $15,125 $43,920 $2,842 $41,078
2020 $15,196 $43,920 $2,842 $41,078
2019 $15,183 $39,434 $2,558 $36,876
2018 $14,846 $39,434 $2,558 $36,876
2017 $15,849 $43,740 $2,558 $41,182
2016 $10,040 $25,794 $2,274 $23,520
2015 $9,820 $25,794 $2,274 $23,520
2014 $10,235 $27,853 $2,274 $25,579
2013 $10,153 $29,821 $2,274 $27,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11698350

Midwest Real Estate Data (MRED)