4020 216th Street, Matteson, Illinois 60443


$397,500

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 9
Baths: 0
Year Built: 1980
Property Taxes: $12,404
Days On Market: 1601
Lot Size: 0,32
Map
Street View

Description

Fully updated & fully leased brick 4-unit offered @ 9% cap rate! Four 2bd/1ba units and one 3bd/1ba unit, all rented on 12-month leases with fantastic tenants. All units have eat-in kitchen and their own furnace, A/C, water heater, 125amp electric panel, and electric bill (including heat). Upper units have large balconies. Big-ticket capital improvements are all done - tear-off roof and gutters done in 2021, new windows throughout in 2015, tuckpointing 2013; kitchens, bathrooms, flooring, and some mechanicals have been updated in the past 10 years, and parking lot is in great shape. Additional income from coin-op laundry on 1st floor. Comcast security cameras inside and out. All municipal inspections are up to date. Building is in a highly rentable location, less than one mile to Metra station, 3 miles to I-57, 1 mile to shopping and restaurants along Route 30, and very close to elementary, middle, and high schools. Save THOUSANDS in upfront costs with special financing; inquire for details!

Property Specifics

Multi-unit
1980
None
No
0.32
Cook
— / —
Lake Michigan,Public
Public Sewer
11099031
31272010200000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Sauk Elementary School
162
Middle School
Illinois School
162 Not in DB
High School
Rich Central Campus High School
227 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
15 Nov, 2012 Sold $129,900 MRED MLS
30 Aug, 2012 Under contract $129,900 MRED MLS
27 Aug, 2012 Listed for sale $129,900 MRED MLS
16 Jul, 2021 Sold $397,500 MRED MLS
2 Jun, 2021 Under contract $415,000 MRED MLS
27 May, 2021 Listed for sale $415,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: Soaking Tub
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: Workshop
Basement: None
Basement Description: None

Other Specifics

Concrete Perimeter
Balcony, Patio, Storms/Screens
Corner Lot,Outdoor Lighting,Sidewalks,Streetlights
13918 SQ FT
Not in DB
Curbs, Sidewalks, Street Lights, Street Paved

Tax History

Year Property Taxes
2012 $9,834
2021 $12,404

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Contact Agent

Listing Provided By

Keller Williams Elite