NOT LISTED FOR SALE
11 Beds
6 Baths
6,106 Sq Ft
2,943 Sq Ft Lot

Sale Details

Date Sold: December 6, 2022

Last sale price $645,900 $106 Per Sq Ft

4 Days on Market

Highlights

  • Storage Room
  • Central Heating
  • Baseboard Heating
  • Oak Forest High School Rated A-

About This Home

As of December 2022

Great turn key investment opportunity, five 2 bedroom and one 1 bedroom apartments with balconies. located in front of the community pool. The property exterior maintained through the owners association. A very well maintained build with many many recent improvements including hot water tank and roof. 2 washers and 2 dryers. Located near 294, I-57, shopping, restaurants and public transportation. Plenty of parking. Long term owner.

Last Agent to Sell the Property

Frank Bilek

Infiniti Properties, Inc. License #475136795 Listed on: 10/05/2022

Infiniti Properties, Inc.

Last Buyer's Agent

Matt Lesniak

Homeland Group Inc License #471015581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,575

Year Built

  • Built in 1979

Lot Details

  • 2,943 Sq Ft Lot
  • Lot Dimensions are 54x54
  • Property fronts a private road

Parking

  • 6 to 12 Parking Spaces

Home Design

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

Interior Spaces

  • 6,106 Sq Ft Home
  • 3-Story Property
  • Storage Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • Association fees include parking, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units

Building Details

  • Electric Expense $976
  • Fuel Expense $4,650
  • Insurance Expense $1,544
  • Maintenance Expense $4,690
  • Other Expense $6,600
  • Water Sewer Expense $2,575
  • Operating Expense $31,594
  • Gross Income $91,200
  • Net Operating Income $60,606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,575

Year Built

Built in 1979

Lot Details

2,943 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1979
  • Built Before 1978 (Y/N): No
  • Information: Show-Lock Box
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Basement Description: Slab
  • Fire Protection: Alarm Monitored,Fire Extinguisher/s,Partially Sprinklered,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Misc Inside: Common Lunchroom/s,Storage Inside
  • Fireplaces: 2
  • Drive-In Doors: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Private Road, Paved
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Hip,Pitched
  • Misc Outside: Balcony/ies,Patio

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Community, Water-Municipal
  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): Yes

Fee Information

  • Association Fee Includes: Parking, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Water Sewer Expenses: 2575

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 54X54
  • Lot Size Sq Ft: 2943
  • Zoning: MULTI
  • Land Amenities: Pool,Sidewalks,Tennis Court/s

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 10
  • Tenancy Type: Leases,Month To Month

Building Info

  • BuildingAreaTotal: 6106

Multi Family

  • Net Operating Income: 60606
  • Fuel Expense: 4650
  • Insurance Expense: 1544
  • ElectricExpense: 976
  • GrossIncome: 91200
  • Maintenance Expense: 4690
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 31594
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 17575
  • Tax Year: 2020

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
Oct 5, 2022
Closed on
Dec 6, 2022
Sold by
Bought by
Seller's Agent
Frank Bilek
Infiniti Properties, Inc.
Buyer's Agent
Matt Lesniak
Homeland Group Inc
List Price
$649,900
Sold Price
$645,900
Premium/Discount to List
-$4,000
-0.62%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,400
Interest Rate
0.0391%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$646,000 None Listed On Document
$185,000 --
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 $484,400
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
12/06/2022 12/06/22 Sold $645,900 -0.6% $106 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $649,900 -- $106 / Sq Ft
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 $20,976 $49,319 $1,692 $47,627
2024 $20,976 $49,319 $1,692 $47,627
2023 $18,690 $58,000 $1,692 $56,308
2022 $18,690 $40,123 $1,472 $38,651
2021 $18,229 $40,122 $1,471 $38,651
2020 $17,575 $40,122 $1,471 $38,651
2019 $16,238 $36,189 $1,324 $34,865
2018 $15,882 $36,189 $1,324 $34,865
2017 $17,173 $39,313 $1,324 $37,989
2016 $14,665 $32,318 $1,177 $31,141
2015 $14,247 $32,318 $1,177 $31,141
2014 $15,669 $36,446 $1,177 $35,269
2013 $12,870 $33,600 $1,177 $32,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11645547

Midwest Real Estate Data (MRED)
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