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Jim Dace

Harthside Realtors, Inc

4155 147th Street 
Midlothian, IL 60445
708-371-1910
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Listing 15 out of 72
$529,900 For Sale

14547 Lamon Avenue
Midlothian, IL 60445

6 units | Multi Family Home - MLS# 10400057
Property Photo
1/7

Description

Great investment opportunity! Profitable 6 unit building with 5 - 2 bedroom units and 1 - 2 bedroom (possible 3rd) two level unit which was originally the owners unit. This building is located on a residential street across from Midlothian County Club property and not part of a large complex. Each unit has their own newer furnace and HWH which is a plus. Tenants enjoy balconies, all appliances and long term neighbors. First floors are not ground level, which is desirable. Great location to walk to all local businesses, green areas and ample parking for each tenant on a recently repaved parking lot. Basement has laundry facilities and storage lockers for each unit. Please be discreet - no sign on property and tenants are not aware that this property is on the market.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60445
  • Year Built: 1981
  • Sq.Ft.: 6,000 sq ft
  • Units: 6 units
  • Basement: Partially Finished
  • # of Parking Spaces: 12
  • Pool or Spa: Hot Tub, See Outdoor Parking
  • # Of Bdrms - Unit 1: 2
  • # Of Bdrms - Unit 2: 2
  • # Of Dishwashers: 6
  • # Of Dryers: 1
  • # Of Full Bthrms - Type 1: 1
  • # Of Full Bthrms - Type 2: 1
  • # Of Ranges: 6
  • # Of Refrigs: 6
  • # Of Rooms - Unit 1: 5 Rooms
  • # Of Rooms - Unit 2: 7 Rooms
  • # Of Stories: 3
  • # Of Units - Apt. Type 1: 5
  • # Of Units - Apt. Type 2: 1
  • # Of Washers: 1
  • Air Conditioning: Central Air
  • Approximate Age: 36-50 Years
  • Construction: Brick, Wood Frame
  • Current Use: Residential-Multi-Family
  • Electric Expense Source: $
  • Electrical Service: Separate Meters
  • Electricity Expense: $672
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/S
  • Foundation: Concrete
  • Frontage/Access: Public Road
  • Fuel Expense Source: $
  • Gross Rent Multiplier: 8.75
  • Heat/Ventilation: Electric, Separate Per Unit
  • Insurance Expense: $3,924
  • Janitor Expense Source: $
  • Land Amenities: Lighting/Exterior, Security Entrance, Sidewalks
  • Lot Dimensions: 72X125
  • Lot Sq Ft: 9000
  • Misc Inside: Storage Inside, Laundry Room
  • Misc Outside: Balcony/Ies
  • Monthly Income - 1: $750
  • Monthly Income - 2: $900
  • Monthly Income Max - 1: $900
  • Monthly Income Max - 2: $1,200
  • Net Operating Income Year: $2,018
  • Other Expense Source: $
  • Outdoor Parking: 6-12 Spaces, Assigned Spaces, Common Parking, Paved, Private Lot
  • Potential Use: Residential-Multi-Family
  • Repairs-Decor Expense: $2,400
  • Repairs-Decor Expense Source: $
  • Roof Coverings: Shingle Composition
  • Roof Structure: Hip
  • Tax Year: 2017
  • Taxes: $19,717
  • Tenant Pays: Electric
  • Total Annual Exp: 28272
  • Total Annual Income: $60,000
  • Total Monthly Income: $5,000
  • Township: Bremen
  • Type Multi-Family: Corridor-Interior Entrance, Flats
  • Utilities To Site: Sanitary Sewer To Site, Water-Municipal
  • Water Expense: $1,990
  • Water Expense Source: $
Courtesy of Terramark Realty Network

Harthside Realtors Inc
4155 W. 147th Street
Midlothian, IL 60445
Phone: 708-371-1910
Email: jimdace@gmail.com

Testimonials

Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. John and Rhonda Robinson
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