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9118 Lincoln Avenue, Brookfield, IL 60513
$575,000
9118 Lincoln Avenue, Brookfield, IL 60513View this property at 9118 Lincoln Avenue, Brookfield, IL 60513
9118 Lincoln AvenueBrookfieldIL60513
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Property Description
Considering investing in a Multi-Unit Brick property with the goal of generating Passive Income through rentals, and you're specifically interested in a Location that is close to Great Schools, has convenient access to transportation (such as Metra trains and buses), Highways (I290, I294, I55, I88), Restaurants (Nearby Secondary Business District), and Shopping Areas. Here are some key factors to consider: 1. **Location:** Proximity to schools, public transportation, and amenities can significantly increase the attractiveness of your property to potential renters. Research areas that offer a balance of these features. 2. **Property Type:** Brick multi-unit buildings can be a worthwhile investment due to their durability and lower maintenance needs compared to other types of construction. 3. **Rental Market Analysis:** Higher local rental prices and occupancy rates. Gas Forced Heat/2 Furnaces (2014), Water Heater (2014), A/C Condenser (2014), Great Passive Rental Income Potential or OWNER INVESTOR) ! A+ Prime Location, Less than 1/2 Mile from Grand Avenue & Prairie Avenue Restaurant/Bar/Metra Train Station, 1/2 Mile from Kiwanis Park having Baseball Field, Softball Fields, Basketball Courts, Playground and Amphitheater.
Full Property Details
Full Property Details for 9118 Lincoln Ave
General
- Price: $575,000
- Taxes: $10,794 (2022)
- Status: Active
- Type: Multi-Family
- MLS ID: 11993916
- Updated: 3/7/2024
- Added to Site: 62 day(s) ago
Rental Information
- Complex Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Full
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 2
- Parking Features: Assigned, Off-Street, Driveway
- Parking Ownership: Owned
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: Brookfield
- County: Cook
- Township: Proviso
- Driving Directions: Property located East of Maple and West of Grand on Lincoln Avenue. Property is South of 8 Corners in Brookfield , one block East of SE Gross Middle School on Lincoln Avenue.
School Information
- School District: 95
- Elem School District: 95
- Midd School District: 95
- High School District: 208
- Elementary School: Brook Park Elementary School
- Middle School: S E Gross Middle School
- High School: Riverside Brookfield Twp Senior
- Private School: Riverside Brookfield Twp Senior
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 74 x 54 x 53
- Lot Features: Fenced Yard, Irregular Lot
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1926
- Tax Amount: $10,794.89
- Tax Year: 2022
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 15344070240000
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Schools
Schools serving 9118 Lincoln Ave
School Districts:Brookfield Lagrange Park School District 95, Riverside-Brookfield Township School District 208
Rating | Name | Grades | Distance |
---|---|---|---|
1214 Raymond Ave, La Grange Pk, IL 60526 | K-5 | 0.8 mi | |
3524 Maple Ave, Brookfield, IL 60513 | 6-8 | 0.1 mi | |
160 Ridgewood Rd, Riverside, IL 60546 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9118 Lincoln Ave
Date
Details
Price
Change
Source
3/01/2024
Listed
$575,000
155.56%
MLS
8/30/2002
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 9118 Lincoln Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$10,795
3%
$29,327
—
2021
$10,508
2%
$29,327
—
2020
$10,327
7%
$29,327
5%
2019
$9,639
4%
$27,871
—
2018
$9,253
8%
$27,871
—
2017
$8,551
3%
$27,871
13%
2016
$8,269
5%
$24,712
—
2015
$7,903
1%
$24,712
—
2014
$7,808
6%
$24,712
-1%
2013
$7,360
1%
$24,977
—
2012
$7,310
—
$24,977
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 9118 Lincoln Ave
9118 Lincoln Avenue, Brookfield, IL 60513 (MLS# 11993916) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 9118 Lincoln Avenue is currently listed for $575,000 and was received on March 01, 2024. Want to learn more about 9118 Lincoln Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brookfield? You can browse all Brookfield real estate or contact a Coldwell Banker agent to request more information.