6004 S Archer Rd

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

Description

Attention all investors, great solid brick 6 unit building, great income, long-long term tenants. 4 (2) bedroom and 2 (1) bedroom. Brand new boiler, brand new radiators, very well maintained and managed building. Average tenant been there over 7 years. Taxes been appealed and contested. Fully occupied, great location near highways. The rents are based on long term tenants, rents can be way higher.Attention all investors, great solid brick 6 unit building, great income, long-long term tenants. 4 (2) bedroom and 2 (1) bedroom. Brand new boiler, brand new radiators, very well maintained and managed building. Average tenant been there over 7 years. Taxes been appealed and contested. Fully occupied, great location near highways. The rents are based on long term tenants, rents can be way higher.
  1. Listed by Rima Odeh • Better Homes & Garden Real Estate
    P: (708)-856-5100 C: (708)-856-5100 rimahomesales@gmail.com

Sold By Better Homes & Garden Real Estate

Property Details for 6004 South Archer Road

Area
Summit
Township
Lyons
Num Of Parking Spaces
4.0
Air Conditioning Type
Window Unit(s)
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING CLOSED: 09/09/2021 12:00 AM

Property Details for 6004 South Archer Road

StatusClosed
MLS #11017041
Days on Market5
Taxes$13,679 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1965
Lot Size0.17 AC / 7,500 SF
CountyCook County
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Building Information for 6004 South Archer Road

Stories2Residences6Year Built1965Building Size-Lot Size0.17 AC / 7,500 SF

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Property Information for 6004 South Archer Road

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces,Common Parking
Location and General Information
  • Frontage Type: City Street
  • Information: Show-Special Instructions,48-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Fuses, Separate Meters
  • # Of Washers: 1
  • Basement Description: Finished, Other, Bathroom Rough-In, Egress Window
  • Heat/Ventilation: Hot Water,Steam,Baseboard
  • # Of Window/Ac: 0
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside,Other,Laundry Room
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Enclosed Stairs,Security Lighting
Utilities / Equipment
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 60X125
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Pitched
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Condominium, Multi-Family
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 31
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Security Entrance,Sidewalks
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $30.00
  • Fuel Expense: $2,800.00
  • Gross Income: $54,600.00
  • Gross Scheduled Income: $60,600.00
  • Insurance Expense: $210.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2018
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 150
  • Net Operating Income Year: 2018
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 4550
  • Water Expense Source: Actual
  • Net Operating Income: $36,700.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $150.00
  • Water Sewer Expense: $220.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 1: 4
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 3315
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 2: 3
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 1235
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 3: 0
  • Monthly Income - 3: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 4: 0
  • Monthly Income - 4: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 5: 0
  • Monthly Income - 5: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 6004 South Archer Road

DateEvent & SourcePriceAppreciation
Sep 9, 2021

Sold

MRED #11017041

$435,000
Sep 8, 2021

Sold (Public Record)

Public Record #1474561159

$435,000

+4.4% / yr

Mar 15, 2021

Cancelled

MRED #10967038

$439,900
DateEvent & SourcePrice
09/09/2021

Sold

MRED #11017041

$435,000
09/08/2021

Sold (Public Record)

Public Record #1474561159

$435,000

+4.4% / yr

03/15/2021

Cancelled

MRED #10967038

$439,900

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

Public Records for 6004 South Archer Road

Taxable ValueLand$3,467Additions$37,533Total$41,000
Tax Record2023$14,365 ($1,197 / month)
Home Facts
Baths6Total Finished SqFt3,500 SqFtAbove Grade Finished SqFt3,500 SqFtStories2Lot Size4,782 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyCOOKAPN18-13-303-025

Schools near 6004 South Archer Road

This home is within Argo Chsd 217 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
W W Walker Elementary School
PublicK to 5

Walsh Elementary School
PublicK to 5

Dr Donald Wharton Elementary School
PublicK to 5

Heritage Middle School
Public6 to 8

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Garden Real Estate

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 09/12/2021 01:57 PM. 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.