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5 Thomas Court, Richton Park, IL 60471
$330,000
5 Thomas Court, Richton Park, IL 60471View this property at 5 Thomas Court, Richton Park, IL 60471
5 Thomas CourtRichton ParkIL60471
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Property Description
Welcome to this FULLY OCCUPIED, 4-Unit, brick investment opportunity in the heart of Richton Park, IL. This well-maintained brick building currently presents an impressive 7.6% cap rate, with the potential to soar to a lucrative 12% cap ratio by enforcing current market rents.The building consists of (3) Two bedroom and 1 bath units, and (1) One bedroom and 1 bath unit. Each unit includes individual HVAC system (Tenant responsibility). This unit has been meticulously maintained and updated throughout the years of current ownership. This building sits at the end of the cul de sac which offer privacy and parking for 8 cars. Located minutes away from the Metra station, shopping, restaurants and much more that create a strong rental demand for this building
Full Property Details
Full Property Details for 5 Thomas Ct
General
- Sold For: $330,000
- Taxes: $12,649 (2021)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 11891897
- Added to Site: 360 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Additional Information
- Equipment: Cable TV, Carbon Monoxide Detectors
- Other Features: Commuter Train
Parking
- Total Spaces: 8
- Parking Features: Unassigned
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: Richton Park
- County: Cook
- Driving Directions: Sauk Trail east of Governor's Highway to Ridgeway, North to Thomas Court, West to Building.
School Information
- School District: 159
- Midd School District: 159
- High School: Fine Arts And Communications Cam
- Private School: Fine Arts And Communications Cam
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan, Public
Structural Information
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1972
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.2
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 8986
- Lot Features: Cul-De-Sac
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1972
- Tax Amount: $12,649
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 31263030430000
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Schools
Schools serving 5 Thomas Ct
School Districts:Matteson Esd 162, Rich Township High School District 227
Rating | Name | Grades | Distance |
---|---|---|---|
Richton Square School
22700 Richton Square Rd, Richton Park, IL 60471 | PK-K | 0.7 mi | |
4435 S Churchill Dr, Richton Park, IL 60471 | 4-6 | 0.9 mi | |
21245 Main St, Matteson, IL 60443 | K-3 | 1.2 mi | |
3718 213th Pl, Matteson, IL 60443 | 7-8 | 1.1 mi | |
3600 W 203rd St, Olympia Flds, IL 60461 | 9-12 | 2.5 mi | |
210 Illinois St Ste 1, Park Forest, IL 60466 | K-8 | 1.9 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 5 Thomas Ct
Date
Details
Price
Change
Source
1/11/2024
Sold
$330,000
6.45%
MLS
9/26/2023
Listed
$309,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5 Thomas Court, Richton Park, IL 60471 (MLS# 11891897) is a Multi-Family property that was sold at $330,000 on January 11, 2024. This property was listed by Moin Haque from our Oak Brook Office.Want to learn more about 5 Thomas Court? Do you have questions about finding other Multi-Family real estate for sale in Richton Park? You can browse all Richton Park real estate or contact a Coldwell Banker agent to request more information.