16959 Bulger Avenue, Hazel Crest, Illinois 60429

Subdivision > Orchard Ridge

$145,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 3
Baths: 0
Year Built: 1946
Property Taxes: $6,271
Days On Market: 1223
Lot Size: 0,00
Map
Street View

Description

Rare find! Two homes for the price of one, on one lot. Large, well-maintained HOME and charming COTTAGE in back, which can be used for related living or legal rental unit. The experienced investor could rent both units for a total income of $2000 to $2400/month. The HOME is a large well maintained 2 bed, 1 bath, with dining room, living room, and partially finished basement. It also has an extra-large two car garage in excellent condition and a fenced in backyard with patio. Over the past 3 years the HOME has: New carpet, New vinyl flooring in kitchen, bath, front porch, and basement. Bathroom remodeled with new vanity and ceramic tile on walls. Improvements in 2022 include: freshly painted bedroom walls, doors, and trim throughout, New electric trim throughout. Two new efficient window A/C units installed. The HOME has been inspected annually by the village, and by HACC/Section 8 for the past 13 years. It is currently vacant by design to provide the opportunity for an owner/occupant or for the new owner to place their tenant in the home. The HOME was recently rented for $1300. It is ready to pass another section 8 inspection. Section 8 is currently paying $1500 for two bed homes in Hazel Crest. Additionally, the basement could provide extra space to add two more bedrooms if desired. The COTTAGE is a 3-room studio on the same property. It includes a kitchen, living/bedroom combo, and bathroom. It is currently rented for $585 on a month-to-month basis to a market tenant. The tenant has been there for 4 years and he has expressed a desire to stay. He would like to extend his lease if allowed. Section 8 pays approx $900 for studio apartments in Hazel Crest. The COTTAGE is approved for separate living by the village. All the rehabs were permitted and inspected. It has passed all annual inspections as a rental home. It has its own new ComEd electric service and meter. It has electric baseboard heat, window A/C, and shares a common water line with the HOME. There is no Gas in the cottage. The owner pays for water and the tenants pays their own utilities. The HOME and Cottage BOTH recently passed village inspections in July 2022. New complete tear off roof on cottage being installed by 8/10 that comes with a 10-year warranty on labor and Manufacturer Limited Lifetime Warranty on shingles. Must see inside to appreciate. This is a well-maintained cash flow property. Property qualifies for a $5,000 grant through Chase.

Property Specifics

Multi-unit
1946
No
Cook
Orchard Ridge
— / —
11453238
29301220500000

Property History

DATE: EVENT: PRICE: SOURCE:
24 Mar, 2009 Sold $32,000 MRED MLS
12 Feb, 2009 Under contract $34,900 MRED MLS
Last price change $39,900 MRED MLS
15 Nov, 2008 Listed for sale $44,700 MRED MLS
8 Nov, 2016 Under contract $0 MRED MLS
1 Nov, 2016 Listed for sale $0 MRED MLS
19 Jun, 2019 Under contract $0 MRED MLS
19 Mar, 2019 Listed for sale $0 MRED MLS
19 Sep, 2022 Sold $145,000 MRED MLS
9 Aug, 2022 Under contract $149,800 MRED MLS
Last price change $154,800 MRED MLS
1 Jul, 2022 Listed for sale $154,800 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Partially Finished

Other Specifics

2
50X170
Not in DB

Tax History

Year Property Taxes
2009 $4,232
2022 $6,271

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Contact Agent

Listing Provided By

Keller Williams Preferred Rlty