928 Elder Rd

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

Description

ATTENTION INVESTORS & FUTURE LANDLORDS - Don't miss your chance to snag this fully occupied FOUR UNIT in H/F school district! Rental income grosses nearly $50k annually! Just half a mile from numerous shops & restaurants & 1 block from James Hart Middle School, this rarely available 2 story 4 unit is a great turn key investment! Long time owner has taken very good care of the property over the years, and several units have long term tenants (12 yrs, 17 yrs!). Three of the units are 2 BR 1 bath units,...ATTENTION INVESTORS & FUTURE LANDLORDS - Don't miss your chance to snag this fully occupied FOUR UNIT in H/F school district! Rental income grosses nearly $50k annually! Just half a mile from numerous shops & restaurants & 1 block from James Hart Middle School, this rarely available 2 story 4 unit is a great turn key investment! Long time owner has taken very good care of the property over the years, and several units have long term tenants (12 yrs, 17 yrs!). Three of the units are 2 BR 1 bath units, and 1 unit is a 1 BR/1bath. Gorgeous hardwood floors. Solid brick exterior & efficient boiler heat keep utility bills low. Water heater replaced in 2014. Convenient coin-laundry in common laundry room w/ storage. Tenants pay their own electric & cooking gas. Plenty of street parking, & small off street parking lot on site as well. Hallways freshly painted. 24 hour notice required for showings. Buyer to use existing survey
  1. Listed by Cara Dulaitis • RE/MAX Synergy
    P: (708)-227-7530 C: (708)-227-7530 cdulaitis@gmail.com; contracts@hackelteam.com

Property Details for 928 Elder Road

Area
Homewood
Township
Thornton
Ownership
Fee Simple
Num Of Parking Spaces
4.0
Num Of Cars
4.0
Parking Included in Price
Yes
Heat/Fuel
Hot Water/Steam
LISTING CLOSED: 11/19/2020 12:00 AM

Property Details for 928 Elder Road

StatusClosed
MLS #10887919
Days on Market4
Taxes$11,817 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1963
Lot Size0.21 AC / 9,147 SF
CountyCook County
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Building Information for 928 Elder Road

Stories-Residences4Year Built1963Building Size-Lot Size0.21 AC / 9,147 SF

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Property Taxes

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Property Information for 928 Elder Road

General Information
School Information
  • Elementary School District: 153
  • High School District: 233
  • High School: Homewood-Flossmoor High School
  • Middle Or Junior School District: 153
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Unassigned, Parking Lot
  • Parking On Site: true
  • Parking Ownership: N/A
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 17
  • Bedrooms Total: 7
  • Bedrooms (Below Grade): 0
  • Community Features: Street Lights, Street Paved
  • Bath Amenities: Soaking Tub
  • Basement Type: None
  • Bedrooms Possible: 7
  • Basement Description: Slab
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: Ceiling Fan(s)
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 60X152
  • Total # Units in Building: 4.0
  • Other Structures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 1
  • Document Date: 2020-10-01T14:13:47
  • Photos Count: 11
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Fuel Expense: $2,664.00
  • Gross Income: $49,440.00
  • Insurance Expense: $1,300.00
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Owner Projection
Unit 1
  • Unit Type Actual Rent: $908.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 3
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Cooktop
  • Sec Deposit $ - Unit 1: 800
  • Tenant Pays - Unit 1: Electric
Unit 2
  • Unit Type Actual Rent: $1,012.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 1
  • # Of Rooms - Unit 2: 4
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Cooktop
  • Sec Deposit $ - Unit 2: 800
  • Tenant Pays - Unit 2: Electric
Unit 3
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Floor # - Unit 3: 2
  • # Of Rooms - Unit 3: 4
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 1
  • Appliances/Features Unit 3: Stove, Refrigerator, Cooktop
  • Lease Exp Date (Mo/Yr) - Unit 3: 04-21-2026
  • Sec Deposit $ - Unit 3: 1100
  • Tenant Pays - Unit 3: Electric
Unit 4
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Floor # - Unit 4: 2
  • # Of Rooms - Unit 4: 4
  • # Half Baths-Unit 4: 0
  • # Full Baths-Unit 4: 1
  • Appliances/Features Unit 4: Stove, Refrigerator, Cooktop
  • Lease Exp Date (Mo/Yr) - Unit 4: 07-21-2026
  • Sec Deposit $ - Unit 4: 1100
  • Tenant Pays - Unit 4: Electric

Property History for 928 Elder Road

DateEvent & SourcePriceAppreciation
Nov 19, 2020

Sold

MRED #10887919

$345,901
Nov 17, 2020

Sold (Public Record)

Public Record #686257678

$346,000

+1.2% / yr

Oct 4, 2020

Pending

MRED #10887919

DateEvent & SourcePrice
11/19/2020

Sold

MRED #10887919

$345,901
11/17/2020

Sold (Public Record)

Public Record #686257678

$346,000

+1.2% / yr

10/04/2020

Pending

MRED #10887919

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

Public Records for 928 Elder Road

Taxable ValueLand$3,953Additions$36,048Total$40,001
Tax Record2023$17,141 ($1,428 / month)
Home Facts
Baths4Total Finished SqFt4,800 SqFtAbove Grade Finished SqFt4,800 SqFtStories2Lot Size9,300 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountyCOOKAPN29-32-407-006

Schools near 928 Elder Road

This home is within Homewood Flossmoor Chsd 233 School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Willow School
PublicPK to 2

Winston Churchill School
Public3 to 5

James Hart School
Public6 to 8

Homewood-Flossmoor 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 RE/MAX Synergy

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 05/05/2021 10:07 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.