25-27 W Plainfield Rd, Unit 5

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Hot Location-Free standing five (5) units, multi-tenant commercial and residential. Two storefronts, plus three (3) apartments. Very well maintained free standing building with parking in front and rear. Total of 10 parking spaces. High quality rental with 100% occupancy-many upgrades. Across from major development. Buona Beef opening soon. Close to Metra Station, booming redevelopment in town of Countryside. Two (2) retail-office units approx 1,200 SF; each rental $1500 per month each on the first...Hot Location-Free standing five (5) units, multi-tenant commercial and residential. Two storefronts, plus three (3) apartments. Very well maintained free standing building with parking in front and rear. Total of 10 parking spaces. High quality rental with 100% occupancy-many upgrades. Across from major development. Buona Beef opening soon. Close to Metra Station, booming redevelopment in town of Countryside. Two (2) retail-office units approx 1,200 SF; each rental $1500 per month each on the first floor. The second floor, one (1) two bedroom 850 SF apartment rents at $1,000 per month, one (1) two bedroom 850 SF apartment $900 per month and one (1) one bedroom 500 SF apartment rents $750 per month plus 1,100 SF lower level. Owner pays for heat, water and scavenger. 5,220 SF building plus 1,100 SF basement. Expenses $18,099.00; net operating income $50,241.00; cap rate 8.4%

    Sold By Chi Real Estate Group LLC

    Property Details for 25-27 West Plainfield Road, Unit 5

    Area
    Countryside
    Township
    Lyons
    Num Of Parking Spaces
    10.0
    Air Conditioning Type
    Central Air, Window Unit(s)
    Num of Interior Fireplaces
    0
    Zoning
    RTAIL
    LISTING CLOSED: 06/08/2021 12:00 AM

    Property Details for 25-27 West Plainfield Road, Unit 5

    StatusClosed
    MLS #11043914
    Days on Market14
    Taxes$11,359 / year
    HOA Fees-
    Condo/Co-op Fees-
    Property TypeMixed Use
    MLS TypeCommercial Sale
    Year Built1968
    Lot Size0.12 AC / 5,400 SF
    CountyCook County

    Location

    Add your commute

    Building Information for 25-27 West Plainfield Road, Unit 5

    Stories2Residences5Year Built1968Lot Size0.12 AC / 5,400 SF

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    $3,793 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $2,846

    Property Taxes

    $947

    HOA Dues

    $0

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    Property Information for 25-27 West Plainfield Road, Unit 5

    General Information
    Addtl Parking Information
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Frontage Type: County Road
    • Geographic Locale: South Suburban
    • Information: 24-Hr Notice Required,No Sign on Property
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air, Window Unit(s)
    • Electric: Service - 101 to 200 Amps, Service - 201 to 600 Amps
    • Flooring: Tile
    • # Of Washers: 1
    • Heat/Ventilation: Forced Air
    • # Of Window/Ac: 4
    • # Of Refrigerators: 3
    • Washer/Dryer Lsd: No
    • Misc Inside: Private Restroom/s,Public Restroom/s
    • # Of Dryers: 1
    • # Of Disposals: 0
    • # Of Dishwashers: 0
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 3
    • Water Drainage: Drain Tiles
    • Misc Outside: Other
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Water to Site
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity
    • Built Before 1978: Yes
    • Approximate Age: 36-50 Years
    • Lot Dimensions: 100 X 50
    • Lot Size Square Feet: 5400.0
    • Stories: 2
    • Exterior Building Type: Concrete, Brick
    • Construction: Concrete
    • Roof Type: Composition, Tar and Gravel
    • Fire Protection: Alarm Monitored
    • Roof Structure: Flat,Pitched
    • Foundation Details: Block
    • Building Area Total: 5220
    • # Of Offices: 1
    • # Of Ranges: 3
    • # Of Stores: 1
    • Property Sub Type: Mixed Use
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Commercial, Multi-Family, Retail
    • Documents Available: Aerial Map,Rent Roll,Legal-Description,Existing Survey,Traffic Counts
    • Docks: None
    • Public Document Count: 0
    • Photos Count: 12
    Miscellaneous
    • Current Use: Other
    • Location: Central Business District,Mixed Use Area,Public Transport Avail
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 5
    Income & Expenses
    • Electric Expense: $370.00
    • Fuel Expense: $1,303.00
    • Gross Income: $68,640.00
    • Gross Scheduled Income: $68,640.00
    • Insurance Expense: $.00
    • Electric Expense Source: Actual
    • Known Encumbrances: None Known
    • Expense Year: 2020
    • Total Annual Expense Source: Actual
    • Fuel Expense Source: Actual
    • Net Operating Income Year: 2020
    • Trash Expense Source: Actual
    • Total Monthly Income: 5720
    • Water Expense Source: Actual
    • Net Operating Income: $52,542.00
    • Operating Expense: $16,098.00
    • Other Expense: $.00
    • Trash Expense: $948.00
    • Water Sewer Expense: $1,548.00

    Property History for 25-27 West Plainfield Road, Unit 5

    DateEvent & SourcePriceAppreciation
    Jun 8, 2021

    Sold

    MRED #11043914

    $560,000
    Apr 19, 2021

    Pending

    MRED #11043914

    Apr 6, 2021

    Listed (Active)

    MRED #11043914

    $595,000
    DateEvent & SourcePrice
    06/08/2021

    Sold

    MRED #11043914

    $560,000
    04/19/2021

    Pending

    MRED #11043914

    04/06/2021

    Listed (Active)

    MRED #11043914

    $595,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 25-27 West Plainfield Road, Unit 5

    This home is within La Grange School District 105 South.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 6
    Public - 7 to 8
    Public - 9 to 12
    Private - PK to 12
    Rating
    School
    Distance
    Spring Ave Elementary School
    PublicK to 6

    Wm F Gurrie Middle School
    Public7 to 8

    Lyons Twp High School
    Public9 to 12

    Helping Hand School
    PrivatePK to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/09/2021 09:20 AM. 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.