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Sold on 12/09/2016
Natalia Borowczyk of Wm C Groebe & Co.

14638 Keystone Ave, Midlothian, IL 60445

$633,000

Last sold 12/09/2016 for $375K

  • 11

    bed

  • 6

    bath

Multi-family not for sale
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About 14638 Keystone Ave

Property type Multi-family
Year built 1963
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Property description
Positive cash flow all through the year with minimal effort. This is the only available fully renovated 6 unit building in midlothian that has been completely remodeled from top to bottom. New roof, all new windows, all new doors, all new electric, all new and full insulation, new kitchens in all 6 units, all units come with hardwood floors, all new cabinet. Everything in the building is up to code. There is nothing to do here for the next several years-all the work & updates have been done. Please see pictures that have been taken of several units in this building. All the units and hallways are fully updated and do not require any work. All tenants have leases. This truly is an excellent buy for investor. Walking distance to post office, metra, schools & all shopping. This is a must see income producing property.
Listed by
Listing Agent - Natalia Borowczyk
Listing Office - Wm C Groebe & Co.
Source: MRED mls logo
MLS#09228933 • last updated 9 years ago
Movoto checked MRED for data 15 minutes ago
Overview
Cooling/AC Wall Sleeve
Levels/Style 2
MLS # 9228933
Type Multi Family 5+
Property Tax $ 13841
Year Built 1963
Interior
# Of Full Bthrms - Type 6 1
# Of Full Bthrms - Type 2 1
# Of Full Bthrms - Type 4 1
# Of Full Bthrms - Type 5 1
# Of Full Bthrms - Type 3 1
# Of Rooms - Type 5 3
# Of Rooms - Type 6 2
Exterior
Exterior Brick
# Of Parking Spaces 6
Amenities / Utilities
# Units in Building 6
Location
County Cook
Directions PULASKI TO 147TH WEST TO KEYSTONE NORTH TO PROPERTY
APN 28102280170000
Zoning MULTI
Multifamily Details
Unit 3: Total # of Rooms 3
Unit 1: Total # of Rooms 3
Unit 4: Total # of Rooms 3
Unit 2: Total # of Rooms 3
Unit 4: # of Bedrooms 2
Unit 3: # of Bedrooms 2
Unit 2: # of Bedrooms 2
Unit 1: # of Bedrooms 2
Unit 1: # Full Bath 1
Expense: Electricity 511
Gross Rental Income 60600
Net Operating Income 40119
Total Annual Expense 24261
Gross Rent Multiplier 5.6
Expense: Fuel 3884
Total Annual Expense Source Actual
Expense: Water 2617
Expense: Insurance 2617
Total Annual Income 40119
Lot/ Land Details
Road Frontage Other
Possible Use Residential-Multi-Family
Current Use Residential-Multi-Family
$633K
Range: $550K-$715K
Last 30 days 
  • Apr 2018
    Public Records
  • Apr 10, 2018 Sold
    $375,000 (+271.3%)
  • Dec 2016
    Public Records
  • Dec 15, 2016 Sold
    $101,000 (-73.1%)
  • Dec 2016
    mls logo MLS # 09228933
  • Dec 12, 2016 Sold
    $375,000 (-5.0%)
  • Aug 23, 2016 Contingent
    —
  • May 17, 2016 Listed
    $394,900 (+70.2%)
  • Dec 2001
    Public Records
  • Dec 17, 2001 Sold
    $232,000
  • Year Property taxes Tax assessment
  • 2023
    $14,015 -1.8%
    $43,000 +17.7%
  • 2022
    $14,273 +3.5%
    $36,535
  • 2021
    $13,795 -12.2%
    $36,535
  • 2020
    $15,716 -4.9%
    $36,535 -3.96%
  • 2019
    $16,523 +1.6%
    $38,043
  • 2018
    $16,262 +3.8%
    $38,043
  • 2017
    $15,673 +7.4%
    $38,043 +11.89%
  • 2016
    $14,587 +2.3%
    $34,000
  • 2015
    $14,263 +3.0%
    $34,000
  • 2014
    $13,842 +11.6%
    —
  • 2013
    $12,408
    —
  • 14638 Keystone Ave
    $375K
  • —
  • 60445
    $259K +4% y/y
  • Midlothian
    $259K +4% y/y
No chart available
Statistics calculated by Movoto

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6/10
Springfield Elementary School
public Grades K-6
Midlothian School District 143
4/10
Bremen High School
public Grades 9-12
Bremen Chsd 228 School District
Source: GreatSchools.org © 2026. All rights reserved.

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