Sold
Last Sold Price
15 beds

8716 S Roberts Rd, Hickory Hills, IL 60457

Multi FamilyProperty Type
0.38 acresLot Size
1971Year Built
10 carsParking Spaces

Description

Amazing investment opportunity! 8 unit condo building in a great location. Fully leased and 8.07% cap rate!Amazing investment opportunity! 8 unit condo building in a great location. Fully leased and 8.07% cap rate!

    Sold By Core Realty & Investments Inc.

    • Listed by: Georgia Kozonis 847.212.3740 georgia.kozonis@megarlty.com • Mega Realty Inc.
    Listing closed: 10/24/2022 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11485712
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    Recent comparable sales

    Median sold price

    $645,000

    Avg days on market

    27

    Sale-to-list ratio

    95.3%

    Hickory Hills, IL

    9 comparable properties found

    front view of a house with a yard
    1/13
    1

    $1,000,000

    Sold 01/17/25

    15
    Bedrooms
    Unavailable
    Square Feet
    0.06
    Acres
    front view of a brick building
    1/2
    2

    $1,092,500

    Sold 01/20/25

    15
    Bedrooms
    Unavailable
    Square Feet
    0.06
    Acres
    3

    $645,000

    Sold 05/19/26

    Unavailable
    Bedrooms
    4
    Bathrooms
    4,346
    Square Feet
    0.18
    Acres
    a front view of a house with a garage
    1/22
    4

    $679,000

    Sold 03/13/25

    5
    Bedrooms
    2,775
    Square Feet
    0.23
    Acres
    5

    $750,000

    Sold 04/08/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    7,560
    Square Feet
    0.25
    Acres
    front view of a house with a yard
    1/47
    6

    $625,000

    Sold 04/25/25

    5
    Bedrooms
    3,475
    Square Feet
    0.5
    Acres
    7

    $620,000

    Sold 04/04/25

    4
    Bedrooms
    2.5
    Bathrooms
    1,763
    Square Feet
    0.38
    Acres
    a house with trees in the background
    1/34
    8

    $620,000

    Sold 04/04/25

    4
    Bedrooms
    3,000
    Square Feet
    0.37
    Acres
    $629,000 | 9400 South 81st Avenue, Hickory Hills, IL 60457
    1/26
    9

    $629,000

    Sold 12/05/24

    3
    Bedrooms
    3,200
    Square Feet
    0.16
    Acres

    Location

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    OriginPoint Mortgage or Rocket Mortgage1

    $5,627 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $3,710

    Property Taxes

    $1,917

    HOA Dues

    $0

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    Property Information for 8716 South Roberts Road

    Property Details

    • Taxes: $23,000 / year
    • MLS Type: Multi Family 5+ / Condo/Townhouse
    • County: Cook County
    • Area: Hickory Hills
    • Township: Palos
    • Zoning: MULTI

    Building Information

    • Stories: 3
    • Residences: 14
    • Year Built: 1971
    • Lot Size: 0.38 AC / 16,600 SF

    General Information

    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    Location and General Information
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: Yes

    Property Information

    Interior Features
    • Heat/Ventilation: Forced Air
    • Num of Baths: 8.0
    Property/Lot Information
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: 26-35 Years
    • Multi-Family Type: Condo/Townhouse
    • Lot Dimensions: 100X166
    • Stories: 3
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No

    Multi Family

    Multi-Family Information
    • Number Of Units Total: 8
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $102,000.00
    • Gross Scheduled Income: $56,100.00
    • Insurance Expense: $1,980.00
    • Maintenance Expense: $.00
    • Janitor Expense: 0
    • Total Monthly Income: 8500
    • Net Operating Income: $56,108.00
    • Operating Expense: $23,892.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 2
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 3
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 3
    Unit 4
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    Unit 5
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    Unit 6
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 8716 South Roberts Road

    DateEvent & SourcePriceAppreciation
    Oct 24, 2022

    Sold

    MRED #11485712

    $695,000—
    Aug 12, 2022

    Pending

    MRED #11485712

    —
    Aug 12, 2022

    Contingent

    MRED #11485712

    —
    DateEvent & SourcePrice
    10/24/2022

    Sold

    MRED #11485712

    $695,000
    08/12/2022

    Pending

    MRED #11485712

    —
    08/12/2022

    Contingent

    MRED #11485712

    —

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

    Public Records for 8716 South Roberts Road

    Taxable Value

    Land

    $724

    Additions

    $5,955
    Total$6,679

    Tax Record

    2023

    $2,034 ($169 / month)

    Home Facts

    Beds

    0

    Lot Size

    17,704 SqFt

    Style

    Condominium

    Year Built

    1976

    County

    COOK

    APN

    23-02-207-025-1003

    Schools near 8716 South Roberts Road

    This home is within North Palos School District 117.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 1
    Public - 2 to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Dorn Primary Center
    PublicPK to 1

    Glen Oaks Elementary School
    Public2 to 5

    H H Conrady Jr High School
    Public6 to 8

    Amos Alonzo Stagg High School
    Public9 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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    Listing Courtesy of Mega Realty Inc.

    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 10/26/2022 06:22 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.