$1,349,000 Price Analysis    ♡   Oak Lawn, IL 60453 Unknown bed 16 bath unknown SqFt ($0/SqFt) 8,181SqFt lot. Listed 2023-12-22, Taxes $3,160 | Ⓧ USDA Ineligible due to price & location near Oak Lawn |
Seize the chance to own a prestigious all-brick 16-unit building in Oak lawn
* Has Contingent Offer *Featuring 16 big studios and boasting significant upgrades. Recent enhancements include a newer driveway, updated 220 Amp electrical system, hot water tanks replaced in 2017 and a modern boiler. This property presents a compelling value-add opportunity with rents currently below market rates.
Leveraging its prime location, consider marketing units on Airbnb for additional income. Unlock even greater potential by acquiring both the nine-unit MLS #11944298 and this 16-unit buildings together. Utilize agency debt to enhance interest in cash flw and amplify the overall profitability of this strategic investment. Don't miss out on this unique opportunity to own and optimize these prime properties in Oak lawn. Broker Owned
Presented by Robert Drafke at
Concentric Realty, Inc.
Property MLS #11946462 from MRED
Lot Size Dimensions: 101X81
Lot Size Square Feet: 8181
Calculated Total Monthly Association Fees: 0
Total Bathrooms in Unit-1: 1
Full Bathrooms in Unit-1: 1
Total Rooms in Unit-1: 1
Unit-1 Description: Unit 1, Units Total: 16
Unit-2 Description: Unit 2
Unit-3 Description: Unit 3
Unit-4 Description: Unit 4
Unit-5 Description: Unit 5
Unit-6 Description: Unit 6
Unit-7 Description: Unit 7
Source Listing Status: Active Under Contract
County: Cook
Directions: 95th St and Kolmar are the intersections
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: 24101020010000
Township: Worth
Property Subtype: Multi Family 5+
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $128 + $8,403 $8,531 | $3,160 |
| 2020 | $128 + $8,403 $8,531 | $3,096 |
| 2019 | $271 + $10,154 $10,425 | $3,780 |
| 2018 | $271 + $10,154 $10,425 | $3,636 |
| 2017 | $271 + $10,154 $10,425 | $3,643 |
| 2016 | $205 + $9,629 $9,834 | $3,602 |
| 2015 | $205 + $9,629 $9,834 | $3,563 |
| 2014 | $205 + $9,629 $9,834 | $3,522 |
| 2013 | $223 + $9,629 $9,852 | $3,169 |
| 2012 | $223 + $9,629 $9,852 | $3,101 |
| 2011 | $223 + $9,629 $9,852 | $2,894 |
| 2010 | $330 + $12,517 $12,847 | $3,478 |
| 2009 | $407 + $15,406 $15,813 | $4,313 |
| 2007 | $534 + $20,798 $21,332 | $5,212 |
| 2006 | $582 + $22,689 $23,271 | $5,536 |
$1,349,000
MRED
Price Changed 2024-03-03
$1,399,000
MRED
Price Changed 2024-02-23
$1,440,000
MRED
Price Changed 2024-02-06
$1,493,500
MRED
Listed 2023-12-22
$1,544,000
MRED
Sold 2021-11-15
$190,000
Public Record
Sold 2007-07-24
$740,000
Public Record
Sold 2007-05-07
$640,000
Public Record
Sold 1991-07-22
$535,000
Public Record
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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.