$824,900
PENDING $24K PRICE DROP

Estimated payment $5,348/month

Total Views 33,068
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Baseboard Heating
  • Willowbrook High School Rated A
  • Wood Siding

About This Home

5 unit investment building in an excellent location with incredible cash flow priced at an 8 pc. cap rate! Three 2 bedroom units and two 1 bedroom units. Tenants pays gas and electric. (separately metered). Huge fenced-in backyard. Coin-op laundry on premises provides additional cash flow. 4 of the 5 apartments have been remodeled. Short-term rental unit can remain in place for significant extra income. Close distance to the Lombard train station, downtown Lombard, Paradise Bay Water Park, schools, restaurants + highways! Adjacent lot next door could be sold as a package deal at a preferred price and could be used for immediate cashflow and/or future development (Zoned B4).

Listing Agent

Samuel Meyer

Dwelle Realty LLC License #471021043 Listed on: 09/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,771

Year Built

  • Built in 1924

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 61x200

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Mixed Use
  • Pitched Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $520
  • Fuel Expense $2,259
  • Insurance Expense $3,758
  • Maintenance Expense $1,500
  • Other Expense $2,000
  • Trash Expense $1,643
  • Water Sewer Expense $2,479
  • Operating Expense $31,734
  • Gross Income $104,184
  • Net Operating Income $69,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,771

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1924
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Multi-Family
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Wood, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Roof Structure: Pitched
  • Misc Outside: Enclosed Stairs,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Gas,Baseboard

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 1643
  • Water Sewer Expenses: 2479

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 61X200
  • Lot Size Sq Ft: 12351
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 69000
  • Fuel Expense: 2259
  • Insurance Expense: 3758
  • ElectricExpense: 520
  • GrossIncome: 104184
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 31734
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 12771
  • Tax Year: 2023

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $12,771 $173,435 $38,930 $134,505
2023 $12,245 $160,380 $36,000 $124,380
2022 $9,385 $124,290 $20,890 $103,400
2021 $9,079 $121,200 $20,370 $100,830
2020 $8,902 $118,540 $19,920 $98,620
2019 $8,407 $112,700 $18,940 $93,760
2018 $8,364 $106,680 $17,930 $88,750
2017 $8,185 $101,660 $17,090 $84,570
2016 $8,612 $101,660 $16,100 $85,560
2015 $9,097 $104,400 $15,000 $89,400
2014 $8,727 $99,610 $25,520 $74,090
2013 $8,584 $101,010 $25,880 $75,130
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2026 01/09/26 Price Changed $824,900 -2.8% --
12/31/2025 12/31/25 Pending -- -- --
09/08/2025 09/08/25 For Sale $849,000 +54.4% --
05/24/2023 05/24/23 Sold $550,000 -8.3% -- View Prior Sale
04/26/2023 04/26/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $599,900 +37.9% --
09/25/2019 09/25/19 Sold $435,000 -3.1% -- View Prior Sale
09/06/2019 09/06/19 For Sale $449,000 +3.2% --
08/31/2019 08/31/19 Off Market $435,000 -- --
08/07/2019 08/07/19 For Sale $449,000 +3.2% --
07/31/2019 07/31/19 Off Market $435,000 -- --
07/13/2019 07/13/19 Pending -- -- --
07/12/2019 07/12/19 Pending -- -- --
07/10/2019 07/10/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $449,000 -4.3% --
04/23/2019 04/23/19 For Sale $469,000 +53.8% --
07/01/2015 07/01/15 Sold $305,000 -12.2% -- View Prior Sale
05/28/2015 05/28/15 Pending -- -- --
09/17/2014 09/17/14 For Sale $347,500 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12455785

Midwest Real Estate Data (MRED)