$1,000,000
SOLD JAN 17, 2025

9433 86th Ct Hickory Hills, IL 60457

-- Bed
-- Bath
-- Sq Ft
1979 Built

Recently Sold

5% Below List Price

4 Days on Market

About This Home

As of January 2025

8 Flat Investment Opportunity. Building is fully occupied. All units have been updated and have maple cabinetry, stainless steel appliances along with bamboo flooring and tile kitchen and bath. Well maintained building. Washer and Dryer are coin operated and Owned by building owner. Great Existing rent roll and additional room to increase to market rents across the board. All Units have electric appliances, tenant pays electric. Owner pays water. Newer Roof 2018. Parking lot offers ample parking.

Last Agent to Sell the Property

Trevor Pauling

john greene, Realtor License #475156318 Listed on: 09/28/2024

john greene, Realtor

Last Buyer's Agent

Trevor Pauling

john greene, Realtor License #475156318 Listed on: 09/28/2024

john greene, Realtor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,446

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 57 x 49

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction

Interior Spaces

  • 3-Story Property
  • Exterior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $900
  • Fuel Expense $2,364
  • Insurance Expense $6,100
  • Maintenance Expense $8,000
  • Trash Expense $1,079
  • Water Sewer Expense $3,792
  • Operating Expense $47,238
  • Gross Income $118,200
  • Net Operating Income $70,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,446

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1979
  • Built Before 1978 (Y/N): No
  • Information: None
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Drive-In Doors: 8
  • Dishwashers: 8
  • Refrigerators: 8
  • Ranges: 8
  • Number of Windows: 8
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Wood Frame
  • List Price: 1050000

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1079
  • Water Sewer Expenses: 3792
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 57 X 49
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 70962
  • Fuel Expense: 2364
  • Insurance Expense: 6100
  • ElectricExpense: 900
  • GrossIncome: 118200
  • Maintenance Expense: 8000
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 47238
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 23446
  • Tax Year: 2022

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 Change Sq Ft Price
01/17/2025 01/17/25 Sold $1,000,000 0.0% --
11/30/2024 11/30/24 Off Market $1,000,000 -- --
11/19/2024 11/19/24 For Sale $1,050,000 0.0% --
10/02/2024 10/02/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $1,050,000 -- --
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: 12175279

Midwest Real Estate Data (MRED)