NOT LISTED FOR SALE

8039 W 83rd St Justice, IL 60458

Justice Area
-- Bed
-- Bath
-- Sq Ft
1969 Built

Sale Details

Date Sold: January 12, 2024

Last sale price $710,000

130 Days on Market

About This Home

As of January 2024

Great opportunity to own this 6 unit building . this building is being sold as is. 4 of the 6 units are all rented on a month to month basis. the units are well kept and some more updated than the 2 vacant ones. this is a well kept building and no issues besides needing some tlc. owner is motivated to sell.come with your ideas and make an offer. the property is near major highways and minutes away from city and suburbs.

Last Agent to Sell the Property

Michelle Cruz

Su Familia Real Estate Inc License #475146912 Listed on: 08/11/2023

Last Buyer's Agent

Luis Ortiz

RE/MAX Partners License #475136884

RE/MAX Partners
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,336

Year Built

  • Built in 1969

Interior Spaces

  • 3-Story Property

Utilities

  • Central Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $50
  • Maintenance Expense $150
  • Other Expense $100
  • Trash Expense $80
  • Water Sewer Expense $120
  • Operating Expense $7,593
  • Gross Income $75,900
  • Net Operating Income $51,971

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,336

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1969
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 26-35 Years
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 1

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water

Fee Information

  • Trash Expense: 80
  • Water Sewer Expenses: 120

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 10,773

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 51971
  • ElectricExpense: 50
  • GrossIncome: 75900
  • Maintenance Expense: 150
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 7593
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16336
  • Tax Year: 2021

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

Closed on
Oct 16, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2023
Closed on
Jan 12, 2024
Sold by
Bought by
Seller's Agent
Michelle Cruz
Su Familia Real Estate Inc
Buyer's Agent
Luis Ortiz
RE/MAX Partners
List Price
$850,000
Sold Price
$710,000
Premium/Discount to List
-$140,000
-16.47%
Views
307
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Justice, 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
-- None Listed On Document
$810,000 None Listed On Document
$710,000 Heritage Title
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
Previous Owner $800,000
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
01/12/2024 01/12/24 Sold $710,000 -5.3% --
01/02/2024 01/02/24 Pending -- -- --
11/07/2023 11/07/23 Price Changed $750,000 -11.8% --
08/24/2023 08/24/23 For Sale $850,000 -- --
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 $16,706 $54,000 $4,848 $49,152
2024 $16,706 $54,000 $4,848 $49,152
2023 $17,173 $54,000 $4,848 $49,152
2022 $17,173 $47,759 $4,309 $43,450
2021 $16,337 $47,759 $4,309 $43,450
2020 $15,776 $47,759 $4,309 $43,450
2019 $18,377 $50,741 $4,039 $46,702
2018 $17,560 $50,741 $4,039 $46,702
2017 $17,407 $50,741 $4,039 $46,702
2016 $15,053 $41,349 $3,501 $37,848
2015 $14,733 $41,349 $3,501 $37,848
2014 $14,459 $41,349 $3,501 $37,848
2013 $14,805 $46,068 $3,501 $42,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11867689

Midwest Real Estate Data (MRED)
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