9118 Lincoln Avenue

Brookfield, IL 60513

$575,000
Price
5
Beds
2
Baths
2,150 Sq. Ft.
$267 / Sq. Ft.
2,150
Sq. Ft.
$267
per Sq. Ft.

Description

Considering investing in a Multi-Unit Brick property with the goal of generating Passive Income through rentals, and you're specifically interested in a Location that is close to Great Schools, has convenient access to transportation (such as Metra trains and buses), Highways (I290, I294, I55, I88), Restaurants (Nearby Secondary Business District), and Shopping Areas. Here are some key factors to consider: 1. Location: Proximity to schools, public transportation, and amenities can significantly increase...Considering investing in a Multi-Unit Brick property with the goal of generating Passive Income through rentals, and you're specifically interested in a Location that is close to Great Schools, has convenient access to transportation (such as Metra trains and buses), Highways (I290, I294, I55, I88), Restaurants (Nearby Secondary Business District), and Shopping Areas. Here are some key factors to consider: 1. Location: Proximity to schools, public transportation, and amenities can significantly increase the attractiveness of your property to potential renters. Research areas that offer a balance of these features. 2. Property Type: Brick multi-unit buildings can be a worthwhile investment due to their durability and lower maintenance needs compared to other types of construction. 3. Rental Market Analysis: Higher local rental prices and occupancy rates. Gas Forced Heat/2 Furnaces (2014), Water Heater (2014), A/C Condenser (2014), Great Passive Rental Income Potential or OWNER INVESTOR) ! A+ Prime Location, Less than 1/2 Mile from Grand Avenue & Prairie Avenue Restaurant/Bar/Metra Train Station, 1/2 Mile from Kiwanis Park having Baseball Field, Softball Fields, Basketball Courts, Playground and Amphitheater.
  1. Listed by Jeremy Vitell • RE/MAX Properties
  2. Listed by Michael McCabe • RE/MAX Properties

Property Details for 9118 Lincoln Avenue

Area
Brookfield
Township
Proviso
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air

Location

Listing Courtesy of RE/MAX Properties
Add your commute
LISTING UPDATED: 03/07/2024 12:06 AM

Property Details for 9118 Lincoln Avenue

StatusActive
MLS #11993916
Days on Market104
Taxes$10,795 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1926
Lot Size0.07 AC / 3,049 SF
CountyCook County

Location

Listing Courtesy of RE/MAX Properties
Add your commute

Building Information for 9118 Lincoln Avenue

Stories-Residences2Year Built1926Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$4,038 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$900

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9118 Lincoln Avenue

General Information
School Information
  • Elementary School District: 95
  • Elementary School: Brook Park Elementary School
  • Jr High Middle School: S E Gross Middle School
  • High School District: 208
  • High School: Riverside Brookfield Twp Senior
  • Middle Or Junior School District: 95
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Street, Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
  • Open Parking Spaces: 2.0
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 13
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Partially Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Room Type: Enclosed Balcony, Enclosed Porch, Recreation Room, Utility Room-Lower Level, Workshop
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Description: Fenced Yard, Irregular
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 50 X 74 X 54 X 53
  • Total # Units in Building: 2.0
  • Other Structures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 26
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $28,200.00
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: 01/24
Unit 2
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 02/24

Property History for 9118 Lincoln Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 9118 Lincoln Avenue

Taxable ValueLand$2,047Additions$27,280Total$29,327
Tax Record2022$10,795 ($900 / month)
Home Facts
Baths2Total Finished SqFt2,150 SqFtAbove Grade Finished SqFt2,150 SqFtStories2Lot Size3,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyCOOKAPN15-34-407-024

Schools near 9118 Lincoln Avenue

This home is within Riverside-Brookfield Twp School District 208.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - K to 5
Public - 9 to 12
Private - K to 8
Rating
School
Distance
S E Gross Middle School
PublicPK to 8

Brook Park Elementary School
PublicK to 5

Riverside Brookfield Twp High School
Public9 to 12

St. Paul Lutheran School
PrivateK 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.

Similar Homes

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Similar Sold Homes

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9118 Lincoln Avenue is a multi-family home for sale in Brookfield, IL 60513. This property was listed for sale on March 1, 2024 by RE/MAX Properties, it's currently listed at $575,000. It has been on the market for a total of 104 days and was last sold on August 30, 2002. This listing's school districts are Riverside-Brookfield Twp School District 208, Brookfield Lagrange Park School District 95. Nearby schools include S E Gross Middle School, Brook Park Elementary School and Riverside Brookfield Twp High School. 9118 Lincoln Avenue is a 5-bed, 2-bath, 2,150 sqft multi-family home built in 1926.

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.

Listing Courtesy of RE/MAX Properties

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. Based on information submitted to the MLS GRID as of 03/07/2024 12:06 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.