Sold
Last Sold Price
9 beds
8905 Plainfield Rd, Brookfield, IL 60513
Multi FamilyProperty Type
1971Year Built
8 carsParking Spaces

Description

Excellent investment opportunity in Brookfield. The well-maintained building features 4 generously sized 2 bedroom, 1 bath units. The light filled rentals are appealing to tenants and easy to rent: hardwood floors, open feel, neutral finishes, surprising closet space for a rental, outdoor space off the kitchen, ample parking, additional storage in the basement and on-site laundry. Each unit has 5 rooms: large living room, separate dining/breakfast room, open Kitchen and 2 bedrooms. In addition to...Excellent investment opportunity in Brookfield. The well-maintained building features 4 generously sized 2 bedroom, 1 bath units. The light filled rentals are appealing to tenants and easy to rent: hardwood floors, open feel, neutral finishes, surprising closet space for a rental, outdoor space off the kitchen, ample parking, additional storage in the basement and on-site laundry. Each unit has 5 rooms: large living room, separate dining/breakfast room, open Kitchen and 2 bedrooms. In addition to rentability, INVESTOR BENEFITS include: long term tenants, sliding glass door and windows replaced in 2007 and come with warranty for 25 years to the new investor, back stairs and decks rebuilt fully in 2012, coin laundry and lots of room in the basement for owner or tenant storage.
Listing closed: 10/07/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11999457

Recent comparable sales

Median sold price

$710,736

Avg days on market

9

Sale-to-list ratio

101.1%

Brookfield, IL

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Location

Listing Courtesy of @properties Christie's International Real Estate
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Property Information for 8905 Plainfield Road

Property Details
  • Taxes: $15,635 / year
  • MLS Type: Two to Four Units / 4 Flat
  • County: Cook County
  • Area: Brookfield
  • Township: Lyons
  • Ownership: Fee Simple
  • Heat/Fuel: Natural Gas
Building Information
  • Residences: 4
  • Year Built: 1971
General Information
School Information
  • Elementary School District: 103
  • Elementary School: Lincoln Elementary School
  • Jr High Middle School: Washington Middle School
  • High School District: 204
  • High School: Lyons Twp High School
  • Middle Or Junior School District: 103
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms Total: 9
  • Bedrooms (Below Grade): 0
  • Basement Type: Full, English
  • Bedrooms Possible: 9
  • Basement Description: Partially Finished
  • # Full Baths in Building: 5
  • # Half Baths in Building: 0
  • Num of Baths: 5.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2012
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 107.5X59X110.1X119
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • General Information: None
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-08-21T13:48:12
  • Photos Count: 14
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $723.00
  • Fuel Expense: $3,440.00
  • Gross Income: $57,600.00
  • Insurance Expense: $3,257.00
  • Maintenance Expense: $166.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Addl Income: Coin Laundry
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Trash Expense Year: 2023
  • Water Expense Source: Actual
  • Net Operating Income: $44,241.00
  • Professional Management Expense: $1,200.00
  • Trash Expense: $1,501.00
  • Water Sewer Expense: $2,587.00
  • Other Expenses $: 2285
Unit 1
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 7/25
Unit 2
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 7/25
Unit 3
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 7/25
Unit 4
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 7/25

Property History for 8905 Plainfield Road

DateEvent & SourcePriceAppreciation
Oct 7, 2024

Sold

MRED #11999457

$660,000
Aug 25, 2024

Pending

MRED #11999457

Aug 25, 2024

Contingent

MRED #11999457

DateEvent & SourcePrice
10/07/2024

Sold

MRED #11999457

$660,000
08/25/2024

Pending

MRED #11999457

08/25/2024

Contingent

MRED #11999457

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

Schools near 8905 Plainfield Road

This home is within Lyons School District 103.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Lincoln Elementary School
PublicPK to 5

George Washington Middle School
Public6 to 8

Lyons Twp High School
Public9 to 12

St Barbara School
PrivatePK 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.

Neighborhood Map and Transit

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Listing Courtesy of @properties Christie's International 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 10/10/2024 03:21 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.