NOT LISTED FOR SALE

8940 S Roberts Rd Hickory Hills, IL 60457

12 Beds
6 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold March 25, 2016

Last sale price $512,500

91 Days on Market

About This Home

As of March 2016

Nicely renovated 6 unit brick multi family building. Fully occupied! 5-2 br and 1-1 bedroom, 1 bath units. New roof ,new boiler and water heater. All new windows, almost all kitchens redone with new wood cabinetry, granite and appliances. New lighting and hallways redone too. New mix of carpeting, laminate and ceramic tile flooring. 8 parking spaces plus 2 car detached parking garage and covered canopy over some parking spaces. Laundry room has newer washer and dryer. Individual storage lockers for each unit. Current income could be at least 10% higher increasing current cap rate. Each unit has balcony or patio on ground floor unit. Some apartments with new AC units. Great money maker with more room to grow returns! Easy to rent!

Last Agent to Sell the Property

Harry Maisel

@properties Christie's International Real Estate License #471011449 Listed on: 10/12/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Harry Maisel

@properties Christie's International Real Estate License #471011449 Listed on: 10/12/2015

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 10,019

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $3,964
  • Insurance Expense $2,039

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Limited Liability Corp
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 33104
  • Outdoor Parking: 6-12 Spaces
  • Scavenger Expense: 1091
  • Total Annual Exp: 14275
  • Total Annual Income: 58800
  • Total Monthly Income: 4900
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1973
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1973

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.23

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 10

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Central Bldg Heat, Baseboard
  • Water Expense: 2148

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 2178

Lot Info

  • Lot Dimensions: 77 X 133
  • Lot Sq Ft: 10050
  • Parcel Identification Number: 23022180100000

Rental Info

  • Gross Rental Income: 58800
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Fuel Expense: 3964
  • Insurance Expense: 2039
  • Number Of Dishwashers: 6
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 14275

Range of Values:

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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
03/25/2016 03/25/16 Sold $512,500 -14.4% --
01/11/2016 01/11/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $599,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09061539

Midwest Real Estate Data (MRED)