NOT LISTED FOR SALE

9517 Minnick Ave Oak Lawn, IL 60453

9 Beds
9 Baths
-- Sq Ft
1999 Built

Last Sold February 03, 2012

Last sale price $460,000

115 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Sward Elementary School Rated 9+
  • 5-minute walk to Lakeshore Park

About This Home

As of February 2012

Custom-built 12 year new 5 unit with 4 - 2 BR, 2 BA units plus 1 - 1 BR, 1 BA unit. 3 car garage within the bldg; flexicore constr; individual GFA/CA (tenant's expense). 5 refrigerators, oven/ranges, dishwashers & stackable washer/dryers. Great rent schedule; fully leased. Premiere Oak Lawn loc near shops & Metra. 1st time on the market by original owner. Super investment; gorgeous building; qualified buyers only.

Last Agent to Sell the Property

Joseph Rossi

Rossi Realty, Inc. License #471003803 Listed on: 08/03/2011

Last Buyer's Agent

Barbara Roginski

Select Realty INC License #471006059

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,841

Year Built

  • Built in 1999

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 52 x 123

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $286
  • Fuel Expense $13
  • Insurance Expense $2,269
  • Maintenance Expense $5,115
  • Trash Expense $1,244
  • Water Sewer Expense $1,384
  • Operating Expense $17,186
  • Gross Income $52,200
  • Net Operating Income $26,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,841

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1999
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required
  • Estimated Age: 7-15 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 9
  • Total Bedrooms: 9
  • Basement Description: Slab
  • Fireplaces: 5
  • Dishwashers: 5
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 5
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 499000
  • Roof: Composition
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air, Central Individual
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water to Site
  • Heat/Ventilation: Forced Air,Gas
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 1244
  • Water Sewer Expenses: 1384
  • Janitor Expense: 3300

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 52 X 123
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 26748
  • Fuel Expense: 13
  • Insurance Expense: 2269
  • ElectricExpense: 286
  • GrossIncome: 52200
  • Maintenance Expense: 5115
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 17186
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11841
  • Tax Year: 2009

Range of Values:

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Sold Price
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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
02/03/2012 02/03/12 Sold $460,000 -7.8% --
11/26/2011 11/26/11 Pending -- -- --
08/03/2011 08/03/11 For Sale $499,000 -- --
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: 07872265

Midwest Real Estate Data (MRED)