Palos Hills, IL 60465,11111 S Helena Drive
Palos Hills, IL 60465,11111 S Helena Drive
Palos Hills, IL 60465,11111 S Helena Drive
34
$489,000
$450,000
8.7%
Est.Price: ?

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8 BD

11111 S Helena Drive Palos Hills, IL 60465

Est. payment /mo
SOLD DATE : 09/09/2022

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Key Details

Sold Price $489,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11611923

Sold Date 09/09/22

Bedrooms 8

Year Built 1978

Annual Tax Amount $13,702

Tax Year 2020

Lot Dimensions 74X150

Property Description

First time available by builder/original owner. Solid quality, custom built huge 3 Unit apartment building. 2 units -1st and 2nd floors are 3 bedrooms/ 2 baths with a private master bedroom bath. Huge Kitchen and living room area plus balcony. The 3rd unit is a garden apartment with 2 bedrooms/ 1 bath. There is also a 2 car attached garage and nice yard area in back. Tenants pay gas and electric. There is a laundry/utility room area with washer and dryer. Roof is about 15 yrs, windows are original and some may need to be replaced but they are anderson windows. This is priced according to the work needed. 10 years ago there were termites, they had them remediated and have annual inspections and have never had any come back. It is believed that a wood shed that was attached to the building is where they came from, it has since been removed and none have returned as it is a solid brick building. Most of the damage was in the garage and garden apartment, it is basically drywall issues and to the best of our knowledge nothing structural. The garden apartment will require most of the work, the first floor and 2nd floor are basically cosmetic, and are in good condition. It is central air not window units. 2 of the furnaces and 2 of the a/c units are about 8 years old. Garden unit a/c is not there. If everything were perfect it would be priced about $565,000, so this is a great price for an amazing investment. Perfect for owner occupied and multiple family members. Come and take a look you will not be disappointed, fantastic location across from Moraine Valley Community College on the coveted street Helena Dr. Definitely one of the best locations in the area for apartment buildings. The owner has left it vacant for the new owner to do with as they wish. Rentals in the area are about $1650 for the 3 bedrooms and $1250 for the 2 bedroom unit. Garage could be extra income also or the owners use. This building is being sold as-is with no repairs or credits from the owner

Location

State IL

County Cook

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Balcony

Parking Features Attached

Garage Spaces 2.0

View Y/N true

Building

Water Lake Michigan

New Construction false

Schools

Elementary Schools Palos West Elementary School

High Schools Amos Alonzo Stagg High School

School District 118, 118, 230

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Laura Bugos-Komperda • eXp Realty, LLC
Bought with Laura Bugos-Komperda • eXp Realty, LLC

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Sharie Jackson

Realtor | License ID: 475.180534

+1(708) 231-8901

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