NOT LISTED FOR SALE

9462 Lawrence Ct Schiller Park, IL 60176

8 Beds
5 Baths
-- Sq Ft
1966 Built

Last Sold June 24, 2023

Last sale price $570,000

16 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • 2-minute walk to North Village Park
  • East Leyden High School Rated A-

About This Home

As of June 2023

SOLID BRICK 4 UNIT BUILDING!! GREAT INVESTMENT OPPORTUNITY!! READY TO GO! ALL UNITS ALREADY RENTED! Turn key operation! Many costly updates and maintenances have already been done. Coin washer/dryer in Bsmt & Storage Units Improvements: Newer Roof & Water Heater, Newer Windows, Separate Central A/C in each apartment. Rents are low due to long term tenancy and can easily increase upon lease expiration. One apartment $500. is caretaker for this and other properties seller owns. Prime Location in a busy area with a very strong rental demand! Perfect for investors or an owner occupied whose looking for a passive income. This building can provide you with a steady solid and stable income for a lifetime! Perfectly Located in the heart of Schiller Park near Metra, Highways, O'Hare, Shopping, Restaurants & Shows in Rosemont!

Last Agent to Sell the Property

Matthew Mika

Compass License #471001481 Listed on: 03/16/2023

Compass

Co-Listed By

Norbert Mika

Compass License #471001355

Last Buyer's Agent

Effy Delmedico

Realty Champions, Inc. License #471012739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,788

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 40 x 111
  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Partial Basement

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

  • Washington Elementary School
  • Lincoln Middle School
  • East Leyden High School

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

Overview

  • 4 Units
  • 4 Unit

Building Details

  • Electric Expense $552
  • Fuel Expense $4,304
  • Insurance Expense $3,250
  • Trash Expense $2,041
  • Water Sewer Expense $2,575
  • Gross Income $47,520
  • Net Operating Income $21,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,788

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • Room: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 579900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 2041
  • Water Sewer Expenses: 2575
  • Trash Expense Year: 2041

Schools

  • Elementary School: Washington Elementary School
  • High School: East Leyden High School
  • Middle/Junior School: Lincoln Middle School
  • Middle/Junior School District: 81
  • Elementary School #2: John F Kennedy Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40 X 111
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 21010
  • Fuel Expense: 4304
  • Insurance Expense: 3250
  • ElectricExpense: 552
  • GrossIncome: 47520
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 13788.1
  • Tax Year: 2021
  • Tax Exemptions: None

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
06/24/2023 06/24/23 Sold $570,000 -1.7% --
05/12/2023 05/12/23 Price Changed $579,900 +3.8% --
04/02/2023 04/02/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $558,900 -3.6% --
03/16/2023 03/16/23 For Sale $579,900 -- --
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: 11738490

Midwest Real Estate Data (MRED)