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  • $405,000

    2450 198th St, Lynwood, IL 60411

    9beds
    --sqft
    Multi Family
    Built in 1977
    -- sqft lot
    $475,600 Zestimate®
    $--/sqft
    $1,911 Estimated rent

    Home value

    $475,600

    $433,000 - $518,000

    $1,911/mo

    Zestimate® history
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    What's special

    Wonderful opportunity awaits in this four unit beauty. Easy access to this property with 8 parking spots for just this building. This property consists of three 2 bed units and one 3 bed 2 bath duplex unit which would be perfect for an owner occupant, which will be vacant 12/31. This 1st floor 3 bedroom apartment has a huge eat in kitchen and duplexes to the basement. The property has two units fully renovated and a brand new boiler 11/23. No further showings at this time. Multiple offers received. Please send offers by 12/4/23 12pm.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joslyne Carson 312-545-6611,

    Pearson Realty Group

    Bought with:

    Regina Washington, CNC

    Matchmaker Property Solutions,LLC

    Source: MRED as distributed by MLS GRID,MLS#: 11937827MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Natural Gas
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 8
    • Parking features: Unassigned, On Site, Owned
    Lot
    • Size: 10,162 Square Feet
    Details
    • Parcel number: 33071110010000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Lynwood

    Financial & listing details

    • Tax assessed value: $212,590
    • Annual tax amount: $15,502
    • Date on market: 11/28/2023
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/1/2024Sold$405,000+5.2%
    Source: MRED as distributed by MLS GRID #11937827 Report a problem
    2/29/2024Pending sale$385,000
    Source: MRED as distributed by MLS GRID #11937827 Report a problem
    12/6/2023Contingent$385,000
    Source: MRED as distributed by MLS GRID #11937827 Report a problem
    11/28/2023Listed for sale$385,000
    Source: MRED as distributed by MLS GRID #11937827 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $21,259 +0%
    2023$7,416 -53%$21,258 -35.1%
    2022$15,766 +1.7%$32,778
    2021$15,502 +7%$32,778
    2020$14,481 +12.8%$32,778 +13%
    2019$12,838 +3.5%$28,999
    2018$12,406 -0.5%$28,999
    2017$12,463 +22.4%$28,999 +22.8%
    2016$10,183 +2.1%$23,624
    2015$9,973 +0.6%$23,624
    2014$9,910 +19%$23,624 +8.6%
    2013$8,331 +1.5%$21,762
    2012$8,206 +7.8%$21,762
    2011$7,616 -3.4%$21,762 -15.9%
    2010$7,887 +1.4%$25,878
    2009$7,777 +12.3%$25,878 -5%
    2008$6,923 +8.7%$27,240 +9.2%
    2007$6,368 +4.3%$24,938
    2006$6,105 -0.8%$24,938
    2005$6,153 +9.7%$24,938 +9.4%
    2004$5,608 +6%$22,800
    2003$5,290 +2.8%$22,800
    2002$5,148 +19.1%$22,800 +21.8%
    2001$4,324 +0.4%$18,723
    2000$4,306 +1.8%$18,723
    1999$4,229 $18,723
    Find assessor info on the county website

    Neighborhood: 60411

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sandridge Elementary School
    • Middle: Sandridge Elementary School
    • District: 172

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $475,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $475,600