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Sold on 10/05/2016
Denise Pav of Pav Realtors

4509 Forest Ave, Brookfield, IL 60513

$865,000

Last sold 10/05/2016 for $440K

  • 3

    bed

  • 2

    bath

  • 5,687

    Sqft ($77/Sqft)

Multi-family not for sale
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About 4509 Forest Ave

Property type Multi-family
Year built 1973
HOA fee $0/month
Lot size 0.26 Acre
Movoto estimate
Rental estimate
Property description
Ray Bishop custom built 6 flat, in very desirable Brookfield location. Five, 2 bedroom units, one, one bedroom. Each unit has a balcony overlooking 9 space parking lot. Brand new expensive hot water, high capacity ($7,500) tank, attractive mansard roof building. Nice setting, lots of mature trees and landscaping, makes for very attractive curb appeal. Some long time tenants, building is in very good condition. Utility area and one garden apartment can be shown easily, to show any additional apartments 24 hour notice, all units can be shown with an offer that has a contingency to see all apartments. Great building, great investment. Annual income would be higher, owner lives in one unit.
Listed by
Listing Agent - Denise Pav
Listing Office - Pav Realtors
Source: MRED mls logo
MLS#09320698 • last updated 10 years ago
Movoto checked MRED for data 11 minutes ago
Overview
Cooling/AC Wall Sleeve
Levels/Style 2
MLS # 9320698
Type Multi Family 5+
Lot Size (SqFt) 11125
Property Tax $ 13442
Year Built 1973
Interior
# Of Full Bthrms - Type 2 1
Exterior
Exterior Brick
# Of Parking Spaces 9
Amenities / Utilities
# Units in Building 6
Location
County Cook
Directions First Avenue To Plainfield West To Forest, South To Property
APN 18034220630000
Zoning MULTI
Multifamily Details
Unit 1: Total # of Rooms 4
Unit 2: Total # of Rooms 3
Unit 2: # of Bedrooms 1
Unit 1: # of Bedrooms 2
Tenant Pays Electric
Unit 1: # Full Bath 1
Expense: Electricity 499
Gross Rental Income 54060
Gross Rent Multiplier 9.53
Expense: Fuel 3865
Expense: Water 4960
Expense: Insurance 2291
Total Annual Income 54000
Lot/ Land Details
Current Use Residential-Multi-Family
$865K
Range: $717K-$1.01M
Last 30 days 
Rental est.: $2,192/month
Gross rent multiplier: 16.7
  • Feb 2022
    Public Records
  • Feb 7, 2022 Sold
    $662,500 (+50.6%)
  • Oct 2016
    Public Records
  • Oct 7, 2016 Sold
    $440,000
  • Oct 2016
    mls logo MLS # 09320698
  • Oct 5, 2016 Sold
    $440,000 (-16.2%)
  • Aug 23, 2016 Pending
    —
  • Aug 17, 2016 Listed
    $525,000
  • Year Property taxes Tax assessment
  • 2023
    $20,220 +29.1%
    $65,999 +51.74%
  • 2022
    $15,657 +4.6%
    $43,496
  • 2021
    $14,971 -0.9%
    $43,496
  • 2020
    $15,101 -9.5%
    $43,496 -4.09%
  • 2019
    $16,691 +4.0%
    $45,352
  • 2018
    $16,041 +5.1%
    $45,352
  • 2017
    $15,257 +9.4%
    $45,352 +17.73%
  • 2016
    $13,950 +3.8%
    $38,521
  • 2015
    $13,442 +3.8%
    $38,521
  • 2014
    $12,947 -3.7%
    —
  • 2013
    $13,440
    —
  • 4509 Forest Ave
    $440K
  • —
  • 60513
    $399K +3% y/y
  • Brookfield
    $399K +3% y/y
No chart available
Statistics calculated by Movoto

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5/10
Lincoln Elementary School
public Grades PK, K-5
Lyons School District 103
3/10
George Washington Middle School
public Grades 6-8
Lyons School District 103
8/10
Lyons Twp High School
public Grades 9-12
Lyons Twp Hsd 204 School District
Source: GreatSchools.org © 2026. All rights reserved.

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