Shannon Long
Baird & Warner Fox Valley - Geneva
(224) 313-4501
43 Total Sales
1 in Oak Lawn
$250,000 Price
5645 Edge Lake Dr Oak Lawn, IL 60453
Oak Lawn Area
10
Beds
5
Baths
--
Sq Ft
1976
Built
About This Home
As of March 2025An exceptional opportunity to own a fully occupied, meticulously maintained 4-unit building plus a 5th non-conforming basement unit. This property boasts significant recent renovations, ensuring modern comfort and long-term value. Updates include newer flooring throughout all units, video security cameras, newer patio doors, a re-sealed roof, newer siding, and fresh exterior paint trim. The building is fully occupied with a strong rent roll, making it an excellent income-generating asset. Additional features include heated floors in the basement, an owned coin-operated laundry, tenant storage lockers, and six (6) dedicated parking spaces. Don't miss this solid investment in a well-maintained, high-performing property!
Last Agent to Sell the Property
Mark Allen Realty ERA Powered License #471011805 Listed on: 02/05/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,205
Year Built
- Built in 1976 | Remodeled in 2021
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Potential Bedrooms
- 5 Bathrooms
Parking
- 6 Parking Spaces
- Uncovered Parking
- Parking Included in Price
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 61x102
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
- Lake Louise Subdivision
Building Details
- Gross Income $83,700
- Net Operating Income $53,096
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oak Lawn, IL
-
Shannon Long
-
Kimberly Katsenes
Kimberly Katsenes
Responds QuicklyColdwell Banker Realty
(708) 719-9810
79 Total Sales
2 in Oak Lawn
$118K - $345K Price Range
-
Jamie Hering
Jamie Hering
Coldwell Banker Realty
(224) 427-6271
732 Total Sales
1 in Oak Lawn
$177,000 Price
-
Jennifer Valentino
Jennifer Valentino
Better Homes & Gardens Real Estate
(224) 571-9264
35 Total Sales
1 in Oak Lawn
$350,000 Price
-
Bernard Cobb
Bernard Cobb
RE/MAX of Naperville
(708) 905-8047
162 Total Sales
1 in Oak Lawn
$101,000 Price
-
Kara Moll
Kara Moll
Keller Williams ONEChicago
(708) 401-6516
143 Total Sales
3 in Oak Lawn
$95K - $175K Price Range
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 |
|---|---|---|---|
| $717,000 | Chicago Title | ||
| M & E Apartments Llc | $590,000 | None Listed On Document | |
| 5645 Edge Lake Drive Oak Lawn Llc | $475,000 | Chicago 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 |
|---|---|---|---|
| Open | $537,750 | ||
| Previous Owner | M & E Apartments Llc | $423,750 | |
| Previous Owner | 5645 Edge Lake Drive Oak Lawn Llc | $380,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $717,000 | +10.5% | -- | |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- | |
| 02/05/2025 02/05/25 | For Sale | $649,000 | +14.9% | -- | |
| 01/05/2023 01/05/23 | Sold | $565,000 | -6.6% | -- | View Prior Sale |
| 11/30/2022 11/30/22 | Pending | -- | -- | -- | |
| 11/04/2022 11/04/22 | For Sale | $605,000 | +27.4% | -- | |
| 03/31/2021 03/31/21 | Sold | $475,000 | -0.8% | -- | View Prior Sale |
| 02/13/2021 02/13/21 | Pending | -- | -- | -- | |
| 02/10/2021 02/10/21 | For Sale | $479,000 | 0.0% | -- | |
| 06/23/2017 06/23/17 | Rented | $1,200 | 0.0% | -- | |
| 06/16/2017 06/16/17 | For Rent | $1,200 | -- | -- |
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 | $15,205 | $52,000 | $5,128 | $46,872 |
| 2024 | $15,205 | $52,000 | $5,128 | $46,872 |
| 2023 | $12,416 | $52,000 | $5,128 | $46,872 |
| 2022 | $12,416 | $34,203 | $4,435 | $29,768 |
| 2021 | $11,998 | $34,202 | $4,435 | $29,767 |
| 2020 | $11,950 | $34,202 | $4,435 | $29,767 |
| 2019 | $10,585 | $28,789 | $4,019 | $24,770 |
| 2018 | $10,091 | $28,789 | $4,019 | $24,770 |
| 2017 | $10,215 | $28,789 | $4,019 | $24,770 |
| 2016 | $9,475 | $24,956 | $3,326 | $21,630 |
| 2015 | $9,337 | $24,956 | $3,326 | $21,630 |
| 2014 | $10,021 | $27,182 | $3,326 | $23,856 |
| 2013 | $7,479 | $22,309 | $3,326 | $18,983 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Liss
Seller's Agent in 2025
Matthew Liss
Mark Allen Realty ERA Powered
(773) 415-4744
182 Total Sales
-
Blaze Bilic
BB
Seller Co-Listing Agent in 2025
Blaze Bilic
Mark Allen Realty ERA Powered
(630) 935-0850
156 Total Sales
-
Oleg Baliuk
Buyer's Agent in 2025
Oleg Baliuk
KOMAR
(312) 900-9797
266 Total Sales
-
Calvin Denison
Seller's Agent in 2023
Calvin Denison
Home365
(224) 330-5615
3 Total Sales
-
AE
Buyer's Agent in 2023
Amanda Edwards
Mark Allen Realty ERA Powered
-
Ausra Padalino
Seller's Agent in 2021
Ausra Padalino
First Rate Real Estate
(773) 767-2400
17 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12282439
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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