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$550,000   Price Analysis
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16019 Laramie Ave
Oak Forest, IL 60452
7 bed 5 bath unknown SqFt ($0/SqFt)
Built 1963
Listed 2024-04-24, Taxes $14,715
Ⓧ USDA Ineligible
due to location

near Oak Forest

Beautifully maintained 4 unit brick rnch.

This unit includes one 2 bedroom one bath, two one bedroom one bath and and Owner suite which is 3/4 bedroom 2 baths and a full deck and a 2 car detached garage. The owner unit includes big kitchen overlooking a large yard adjacent to the 2 car garage and a storage shed.

The other 3 units have new floors and paint. Coin operated washer and dryer available for all to use. Parking for 2 cars for each unit. The owner unit has long time tenant. Two of the one bedroom one bath units have long time tenants. Unit #1 tenant is in the process of being evicted. Unit #1 should be rentable mid June.


Presented by Warren Tessari at
Real People Realty.


Property MLS #12038618 from MRED

Bedrooms: 7
Bedrooms Possible: 7

Total Rooms: 16

Total Bathrooms: 5
Full Bathrooms: 5

Heating Features: Electric

Garage Spaces: 2
Garage Description: Detached
Parking Total: 10

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 228

Scarlet Oak Elementary School is a public elementary school located approximately 0.9 miles away.
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Oak Forest High School is a public high school located approximately 1.1 miles away.
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Arbor Park Middle School is a public elementary and middle school located approximately 1.7 miles away.
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St. Damian School is a private elementary and middle school located approximately 0.8 miles away.
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Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 2
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 6
Unit 1 Total Actual Rent: 1450
Unit 2 Total Actual Rent: 955
Unit 3 Total Actual Rent: 1000
Unit 4 Total Actual Rent: 1845

Annual Tax Amount: 15649.00
Source Listing Status: Active
County: Cook
Directions: 159th Street to Laramie. South to property.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 28212060160000
Township: Bremen
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$26,220 + $7,374
$33,594
$14,715
2019$36,804 + $6,847
$43,651
$19,586
2018$36,804 + $6,847
$43,651
$19,156
2017$36,804 + $6,847
$43,651
$19,067
2016$31,191 + $5,794
$36,985
$15,649
2015$31,191 + $5,794
$36,985
$15,147
2014$31,191 + $5,794
$36,985
$14,796
2013$31,221 + $5,794
$37,015
$13,170
2012$31,221 + $5,794
$37,015
$12,649
2011$31,221 + $5,794
$37,015
$12,039
2010$37,759 + $5,794
$43,553
$13,314
2009$37,759 + $5,794
$43,553
$12,246
2007$35,443 + $5,056
$40,499
$11,121
2006$35,443 + $5,056
$40,499
$10,874

Listing removed 2024-04-25
$0
MRED
Listed 2024-04-24
$550,000
MRED
Listed 2024-04-24
$550,000
MRED
Sold 2022-06-09
$440,000
MRED
Listed 2022-03-25
$450,000
MRED
Listing removed 2019-12-03
$0
ShowMojo
Listed for rent 2019-09-21
$1,795
ShowMojo
Sold 2016-03-16
$405,000
Public Record
Sold 2004-08-04
$405,000
Public Record

Year Built: 1963
Property Age: 61
Roof: Asphalt

Sewer: Public Sewer
Water Source: Lake Michigan
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.