8614 Lexington Circle

Orland Park, IL 60462

$775,000
Last Sold Price
11
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Looking for a Turn Key Investment Property? This is it ..A rare find this 6 unit building is well maintained and has growth potential to up current leases. Easy to Maintain and in a great area looking over a pond. with 5- 2 bedroom 1 bath units and 1 1 bed 1 bath unit , coin laundry for extra income...all units have balconies/Patio Overlooking pond...Boiler well maintained and New Hot Water heater and 12 Outdoor Parking spots also extra storage space for tenants. All Brick Building with tons of potential...Looking for a Turn Key Investment Property? This is it ..A rare find this 6 unit building is well maintained and has growth potential to up current leases. Easy to Maintain and in a great area looking over a pond. with 5- 2 bedroom 1 bath units and 1 1 bed 1 bath unit , coin laundry for extra income...all units have balconies/Patio Overlooking pond...Boiler well maintained and New Hot Water heater and 12 Outdoor Parking spots also extra storage space for tenants. All Brick Building with tons of potential...

Listing Agent

Sold By arhome realty

Property Details for 8614 Lexington Circle

Area
Orland Park
Township
Orland
Num Of Parking Spaces
12.0
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 10/29/2021 04:53 PM

Property Details for 8614 Lexington Circle

StatusClosed
MLS #11122178
Days on Market137
Taxes$15,818 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1977
Lot Size0.84 AC / 36,605 SF
CountyCook County

Location

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Building Information for 8614 Lexington Circle

Stories-Residences6Year Built1977Building Size-Lot Size0.84 AC / 36,605 SF

Payment Calculator

$5,548 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,229

Property Taxes

$1,318

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8614 Lexington Circle

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Basement Description: None
  • Heat/Ventilation: Central Bldg Heat,Baseboard,Radiant
  • # Of Window/Ac: 6
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside,Laundry Room
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 6
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Patio
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 171X223X163X223
  • Lot Size Square Feet: 36605.0
  • Stories: 2
  • Exterior Building Type: Brick, Other
  • Construction: Brick
  • Roof Type: Composition
  • Roof Structure: Hip
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 6259
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional
  • Documents Available: Rent Roll
  • Public Document Count: 0
  • Photos Count: 14
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,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: $389.00
  • Fuel Expense: $3,029.00
  • Gross Income: $85,200.00
  • Gross Scheduled Income: $85,200.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2020
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2020
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 7100
  • Water Expense Source: Actual
  • Net Operating Income: $69,893.00
  • Operating Expense: $7,654.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $4,235.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 6
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 1200
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 2: 6
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 1200
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 3: 6
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 1200
  • Monthly Income Max - 3: 1200
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 4: 6
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 1200
  • Monthly Income Max - 4: 1200
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 5: 6
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 1200
  • Monthly Income Max - 5: 1200
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
  • # Of Full Bthrms - Type 6: 1
  • Monthly Income - 6: 1100
  • Monthly Income Max - 6: 1100
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 8614 Lexington Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8614 Lexington Circle

Taxable ValueLand$20,132Additions$43,620Total$63,752
Tax Record2022$19,098 ($1,591 / month)
Home Facts
Baths6Total Finished SqFt6,259 SqFtAbove Grade Finished SqFt6,259 SqFtStories3Lot Size20,704 SqFtStyleMulti-Family Res (5+ Units)Year Built1976CountyCOOKAPN27-14-110-046

Schools near 8614 Lexington Circle

This home is within Orland School District 135.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Prairie Elementary School
PublicPK to 2

Liberty Elementary School
Public3 to 5

Jerling Junior High School
Public6 to 8

Carl Sandburg 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.