7950 Ogden Avenue

Lyons, IL 60534

$1,975,000
Price
28
Beds
18
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fabulous Opportunity to own a 18 unit solid brick building + 6 parking spots . Very well maintained building with many upgrades, during the last decade including a new parking lot, two new roofs, a new courtyard and retention wall, new common area carpet and updated units. Building is composed of 10 one bedroom, 7 two bedrooms and 1 three bedroom units. Truly a must see!Fabulous Opportunity to own a 18 unit solid brick building + 6 parking spots . Very well maintained building with many upgrades, during the last decade including a new parking lot, two new roofs, a new courtyard and retention wall, new common area carpet and updated units. Building is composed of 10 one bedroom, 7 two bedrooms and 1 three bedroom units. Truly a must see!
  1. Listed by Erik Carrier • Lincoln Luxury Homes

Property Details for 7950 Ogden Avenue

Area
Lyons
Township
Lyons
Zoning
MULTI
LISTING UPDATED: 08/31/2024 11:41 AM

Property Details for 7950 Ogden Avenue

StatusContingent
MLS #12118541
Days on Market58
Taxes$26,032 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1965
Lot Size0.28 AC / 12,252 SF
CountyCook County

Building Information for 7950 Ogden Avenue

Stories2Residences18Year Built1965Building Size-Lot Size0.28 AC / 12,252 SF

Property Information for 7950 Ogden Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters
  • # Of Washers: 2
  • Basement Description: Partially Finished, Exterior Access
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas,Hot Water,Radiators,Steam,Baseboard,Separate Per Unit,Radiant
  • # Of Refrigerators: 18
  • Washer/Dryer Lsd: No
  • Misc Inside: Inside Corridor/s,Skylight/s,Storage Inside,Laundry Room
  • # Of Dryers: 2
  • Num of Baths: 18.0
Exterior Features
  • Misc Outside: Balcony/ies,Courtyard,Patio,Security Gate,Security Lighting,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water to Site
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Exterior Entrance,Flats
  • Lot Dimensions: 197X78
  • Lot Size Square Feet: 12252.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick, Wood Frame
  • Roof Type: Membrane, Rubber
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 4806
  • Lot Size Source: County Records
  • # Of Ranges: 18
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Documents Available: Rent Roll
  • Public Document Count: 1
  • Document Date: 2024-07-25T20:15:47
  • Photos Count: 18
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Lighting/Exterior,Sidewalks
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 18
Income & Expenses
  • Electric Expense: $1,124.00
  • Fuel Expense: $7,436.00
  • Gross Income: $257,400.00
  • Gross Scheduled Income: $257,400.00
  • Insurance Expense: $9,790.00
  • Maintenance Expense: $34,230.00
  • Manager Expense: $12,870.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 5195
  • Manager Expense Source: AC
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 21450
  • Water Expense Source: Actual
  • Net Operating Income: $138,255.00
  • Operating Expense: $119,145.00
  • Other Expense: $.00
  • Trash Expense: $8,195.00
  • Water Sewer Expense: $12,848.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 9
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 8
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7950 Ogden Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7950 Ogden Avenue

Taxable ValueLand$12,252Additions$59,403Total$71,655
Tax Record2022$26,032 ($2,169 / month)
Home Facts
Lot Size12,252 SqFtStyleMulti-Family Res (5+ Units)Year Built1966CountyCOOKAPN18-01-100-004

Schools near 7950 Ogden Avenue

This home is within J S Morton Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Costello School
PublicPK to 5

George Washington Middle School
Public6 to 8

J Sterling Morton West High School
Public9 to 12

J Sterling Morton Alternative School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lincoln Luxury Homes

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 08/31/2024 11:41 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.