NOT LISTED FOR SALE

8608 47th St Lyons, IL 60534

Lyons Area
11 Beds
6 Baths
-- Sq Ft
1963 Built

Sale Details

Date Sold: November 12, 2019

Last sale price $430,000 $0 Per Sq Ft

19 Days on Market

About This Home

As of November 2019

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.

Last Agent to Sell the Property

James Stillo

Skydan Real Estate Sales, LLC License #471015510 Listed on: 09/05/2019

Last Buyer's Agent

Andriy Voloshchuk

Coldwell Banker Realty License #475178911

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $4,475
  • Insurance Expense $2,400

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1963

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Net Oper Income: 37562
  • Outdoor Parking: 6-12 Spaces
  • Scavenger Expense: 576
  • Total Annual Exp: 26899
  • Total Annual Income: 64461
  • Total Monthly Income: 5185
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1963
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1963

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Central Bldg Heat
  • Water Expense: 3748

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 454

Lot Info

  • Lot Dimensions: 47X121
  • Parcel Identification Number: 18023110810000

Rental Info

  • Gross Rental Income: 62220
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 4475
  • Insurance Expense: 2400
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 15246

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

Closed on
Nov 29, 2023
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
$490,000
Outstanding Balance
$396,639
Interest Rate
7.63%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 5, 2019
Closed on
Nov 6, 2019
Sold by
Bought by
Seller's Agent
James Stillo
Skydan Real Estate Sales, LLC
Buyer's Agent
Andriy Voloshchuk
Coldwell Banker Realty
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 1998
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
-- National Title
$430,000 Proper Title Llc
$228,500 --
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 $490,000
Previous Owner $322,500
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
11/12/2019 11/12/19 Sold $430,000 -4.2% --
09/24/2019 09/24/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $449,000 -- --
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 $16,029 $53,000 $3,269 $49,731
2024 $16,029 $53,000 $3,269 $49,731
2023 $16,037 $53,000 $3,269 $49,731
2022 $16,037 $44,146 $2,843 $41,303
2021 $15,202 $44,144 $2,842 $41,302
2020 $15,274 $44,144 $2,842 $41,302
2019 $15,594 $40,500 $2,558 $37,942
2018 $15,247 $40,500 $2,558 $37,942
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10507358

Midwest Real Estate Data (MRED)
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