NOT LISTED FOR SALE

8905 Plainfield Rd Brookfield, IL 60513

9 Beds
5 Baths
-- Sq Ft
1971 Built

Last Sold October 07, 2024

Last sale price $660,000

166 Days on Market

About This Home

As of October 2024

Excellent investment opportunity in Brookfield. The well-maintained building features 4 generously sized 2 bedroom, 1 bath units. The light filled rentals are appealing to tenants and easy to rent: hardwood floors, open feel, neutral finishes, surprising closet space for a rental, outdoor space off the kitchen, ample parking, additional storage in the basement and on-site laundry. Each unit has 5 rooms: large living room, separate dining/breakfast room, open Kitchen and 2 bedrooms. In addition to rentability, INVESTOR BENEFITS include: long term tenants, sliding glass door and windows replaced in 2007 and come with warranty for 25 years to the new investor, back stairs and decks rebuilt fully in 2012, coin laundry and lots of room in the basement for owner or tenant storage.

Last Agent to Sell the Property

Jody Wise

@properties Christie's International Real Estate License #475123620 Listed on: 03/11/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,635

Year Built

  • Built in 1971 | Remodeled in 2012

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Lincoln Elementary School
  • Washington Middle School
  • Lyons Twp High School

Additional Features

  • Lot Dimensions are 107.5x59x110.1x119
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $723
  • Fuel Expense $3,440
  • Insurance Expense $3,257
  • Maintenance Expense $166
  • Professional Management Expense $1,200
  • Trash Expense $1,501
  • Water Sewer Expense $2,587
  • Gross Income $57,600
  • Net Operating Income $44,241

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,635

Year Built

Built in 1971 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1200
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Fee Information

  • Trash Expense: 1501
  • Water Sewer Expenses: 2587
  • Other Expenses $: 2285
  • Trash Expense Year: 2023

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Lyons Twp High School
  • Middle/Junior School: Washington Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 107.5X59X110.1X119
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 44241
  • Fuel Expense: 3440
  • Insurance Expense: 3257
  • ElectricExpense: 723
  • GrossIncome: 57600
  • Maintenance Expense: 166
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 15635.13
  • Tax Year: 2022
  • Tax Exemptions: None
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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
10/07/2024 10/07/24 Sold $660,000 +1.5% --
08/25/2024 08/25/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $650,000 -1.5% --
04/17/2024 04/17/24 Off Market $660,000 -- --
03/17/2024 03/17/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $650,000 -- --
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 $17,463 $57,000 $6,577 $50,423
2024 $17,463 $57,000 $6,577 $50,423
2023 $15,635 $57,000 $6,577 $50,423
2022 $15,635 $43,436 $5,670 $37,766
2021 $14,950 $43,435 $5,670 $37,765
2020 $15,080 $43,435 $5,670 $37,765
2019 $13,255 $36,017 $5,216 $30,801
2018 $12,739 $36,017 $5,216 $30,801
2017 $12,117 $36,017 $5,216 $30,801
2016 $11,509 $31,780 $4,536 $27,244
2015 $11,090 $31,780 $4,536 $27,244
2014 $10,682 $31,780 $4,536 $27,244
2013 $11,261 $35,106 $4,536 $30,570
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11999457

Midwest Real Estate Data (MRED)
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