Movoto Real Estate
Sold on 08/05/2021
J. Bradley Vinson of Keller Williams Preferred Rlty
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3520 Phillips Ave, Steger, IL 60475

$140,500

Last sold 08/05/2021 after 6 Days

  • 4

    bed

  • 2

    bath

Multi-family not for sale

About 3520 Phillips Ave

Property type Multi-family
Neighborhood
Year built 1914
HOA fee $0/month
Lot size 3,920 Sqft
Property description
Excellent Investment Opportunity or for Live In Owner and let the tenant pay your mortgage. Very quiet residential street with beautiful park directly across the street. Long time owner who completely rehabbed the building in 2009 with 2nd floor framed/built with 100% new electric and plumbing throughout the entire building. Both units have 2 bedrooms, 1 bath and eat-in kitchen, that are fully leased and has positive cash flow with security deposits of $2,600. Each tenant pays electric heat, gas for stoves that have separate meters and owner pays the water. Each tenant has a separate front and rear entrance and off street parking for 4 cars. AGI is $20,100 with minimal expenses. Rent are comparably low for the area, which creates additional opportunity at lease renewal.
Listed by
Listing Agent - J. Bradley Vinson
Listing Office - Keller Williams Preferred Rlty
Source: MRED mls logo
MLS#11174050 • last updated 5 years ago
Movoto checked MRED for data 6 minutes ago
Overview
Heating Electric
MLS # 11174050
Virtual Tour N/A
SubType 2 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.09
Property Tax $ 4702
Year Built 1914
Interior
Total # of Rooms 10
Exterior
Roof Asphalt
Construction Vinyl Siding
Lot Desc .50-.99 Acre, Landscaped
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 2
Location
Area Steger
County Will
Elementary School District 194
High School Bloom Trail High School
Middle School District 194
High School District 206
APN 2315041090540000
Directions 34th Street To South On Phillips To Property. Directly Across From The Park.
Multifamily Details
Expense: Insurance 557
Gross Income 20100
Expense: Water/ Sewer 340
Total Rental Income 20100
We are not permitted to show value estimates for this property.
  • Sep 2021
    Public Records
  • Sep 30, 2021 Sold
    $140,500
  • Sep 2021
    mls logo MLS # 11174050
  • Sep 21, 2021 Sold
    $140,500 (-5.6%)
  • Aug 6, 2021 Active
    —
  • Jul 30, 2021 Listed
    $148,800 (+380.0%)
  • Mar 2009
    Public Records
  • Mar 2, 2009 Sold
    $31,000 (+1.3%)
  • Feb 2009
    mls logo MLS # 06943450
  • Feb 13, 2009 Sold
    $30,600 (-12.3%)
  • Jun 28, 2008 Listed
    $34,900 (-60.3%)
  • Jun 2008
    mls logo MLS # 06750392
  • Jun 12, 2008 Cancelled
    —
  • Dec 11, 2007 Listed
    $88,000 (-11.6%)
  • May 2007
    mls logo MLS # 06344832
  • May 18, 2007 Cancelled
    —
  • Nov 21, 2006 Listed
    $99,500
  • Year Property taxes Tax assessment
  • 2025
    $5,310 -1.3%
    $52,011 +11.99%
  • 2024
    $5,381 +5.6%
    $46,443
  • 2023
    $5,095 +8.5%
    $46,443 +12.52%
  • 2022
    $4,697 +8.8%
    $41,275 +9.22%
  • 2020
    $4,319 +4.7%
    $37,791 +13.53%
  • 2019
    $4,124 +3.6%
    $33,287 +2.2%
  • 2018
    $3,982 +1.0%
    $32,571 +8.55%
  • 2017
    $3,943 -5.0%
    $30,006 -1.79%
  • 2016
    $4,153 -7.6%
    $30,552 -5.24%
  • 2013
    $4,496
    $32,241
  • 3520 Phillips Ave
    $140K
  • Steger
    $188K -11% y/y
  • 60475
    $199K 0% y/y
  • Steger
    $204K +5% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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