NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: April 17, 2025

Last sale price $685,000

5 Days on Market

About This Home

As of April 2025

Prime Investment Opportunity - Fully Occupied Brick 4-Flat! Seize this high-performing investment in the sought-after Lyons Township High School District! With low maintenance, this property delivers strong rental income with minimal landlord expenses-tenants pay their own gas and electric. Key Features: Unit Mix: (1) One-bedroom unit & (3) Two-bedroom units - all featuring spacious layouts and large eat-in kitchens Additional Income Streams: Two-car garage rentals & coin-operated laundry Ample Parking: Exterior spaces for tenants Recent Upgrades: Newer boilers for all units Prime Location: Quick access to I-294 Tollway & I-55 Stevenson Expressway - perfect for commuters This is an exceptional opportunity for investors seeking steady cash flow in a prime location. Act fast-this one won't last!

Last Agent to Sell the Property

Eric Olsauskas

iHome Real Estate License #475180987 Listed on: 03/13/2025

Last Buyer's Agent

Oleg Baliuk

KOMAR License #475197921

KOMAR
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,855

Year Built

  • Built in 1974

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Brook Park Elementary School
  • S E Gross Middle School
  • Lyons Twp High School

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,855

Year Built

Built in 1974

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1974
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Off Street, Owned, Garage
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Schools

  • Elementary School: Brook Park Elementary School
  • High School: Lyons Twp High School
  • Middle/Junior School: S E Gross Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 50X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 14854.79
  • Tax Year: 2023

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

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

Listed on
Mar 13, 2025
Closed on
Apr 30, 2025
Sold by
Bought by
Seller's Agent
Eric Olsauskas
iHome Real Estate
Buyer's Agent
Oleg Baliuk
KOMAR
List Price
$625,000
Sold Price
$685,000
Premium/Discount to List
$60,000
9.6%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,500
Outstanding Balance
$609,137
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2023
Sold by
Bought by

Purchase Details

Listed on
Jun 22, 2022
Closed on
Aug 30, 2022
Sold by
Bought by
Seller's Agent
Juan Soto
REMAX Legends
Buyer's Agent
Eric Olsauskas
iHome Real Estate
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,926
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 27, 2021
Sold by
Bought by
Seller's Agent
Diane Pavini
Village Realty, Inc.
Buyer's Agent
Juan Soto
REMAX Legends
List Price
$525,000
Sold Price
$532,000
Premium/Discount to List
$7,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%
Original Mortgage
$503,418
Interest Rate
2.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 22, 2019
Sold by
Bought by
Seller's Agent
Valerie Ignoffo
RCI Real Estate Group
Buyer's Agent
Diane Pavini
Village Realty, Inc.
List Price
$469,900
Sold Price
$465,000
Premium/Discount to List
-$4,900
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$348,750
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2012
Closed on
Oct 1, 2012
Sold by
Bought by
Seller's Agent
Ross Failla
Failla Realty
Buyer's Agent
Valerie Ignoffo
RCI Real Estate Group
List Price
$339,900
Sold Price
$310,000
Premium/Discount to List
-$29,900
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$299,150
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Brookfield, IL

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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
$685,000 None Listed On Document
-- None Listed On Document
$535,000 Chicago Title
$540,000 National Title Solutions Inc
$465,000 Attorney
$310,000 First American Title
-- --
$275,000 --
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 $616,500
Previous Owner $489,926
Previous Owner $503,418
Previous Owner $348,750
Previous Owner $299,150
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 Prior Sale
04/17/2025 04/17/25 Sold $685,000 +9.6% --
03/18/2025 03/18/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $625,000 +16.8% --
09/01/2022 09/01/22 Sold $535,000 -2.7% -- View Prior Sale
08/01/2022 08/01/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $550,000 +3.4% --
11/12/2021 11/12/21 Sold $532,000 +1.3% -- View Prior Sale
09/01/2021 09/01/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $525,000 +12.9% --
04/30/2019 04/30/19 Sold $465,000 -1.0% -- View Prior Sale
03/25/2019 03/25/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $469,900 +51.6% --
10/01/2012 10/01/12 Sold $310,000 -8.8% -- View Prior Sale
08/22/2012 08/22/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $339,900 -- --
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 $14,855 $45,917 $6,308 $39,609
2024 $14,855 $45,917 $6,308 $39,609
2023 $11,457 $52,001 $6,308 $45,693
2022 $11,457 $33,798 $5,438 $28,360
2021 $11,057 $33,797 $5,437 $28,360
2020 $12,040 $37,646 $5,437 $32,209
2019 $8,860 $27,379 $5,002 $22,377
2018 $10,551 $33,992 $5,002 $28,990
2017 $10,078 $33,992 $5,002 $28,990
2016 $8,761 $27,038 $4,350 $22,688
2015 $8,062 $27,038 $4,350 $22,688
2014 $7,938 $27,038 $4,350 $22,688
2013 $9,004 $31,807 $4,350 $27,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12307318

Midwest Real Estate Data (MRED)
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