16916 Magnolia Drive
Hazel Crest, IL 60429
- 4 beds
- 2 baths
- 1,264 sqft
- $186 per sqft
- 1970 build
- – on site
All HVACs are annually serviced. The current tenancy is under a yearly lease, which expires on November 13th, 2024. A completely renovated single-family residential property is for sale as a part of a portfolio containing 16 properties. It is the perfect opportunity for an investor looking for a highly profitable investment in single-family residential real estate units. The portfolio will be sold preferably as a whole package. However, we are open to separating the portfolio into smaller pieces or selling the properties individually. This beautiful spacious house is in a lush, modern, and quiet neighborhood. This property has 4 spacious bedrooms and 2 bathrooms for large families. Completely renovated in 2023, it has a laundry room, ample and cozy living room, family room, beautiful kitchen, and a spacious backyard with a deck. Shopping centers and restaurants on Torrence Avenue are in the nearby vicinity. Easy access to transportation via Pace Bus Service and Metra rail. Reach out to the seller to request a showing before heading to the property without notice. Some light and minor remodeling and updates might be required. The pictures are for reference on how the property could look after the minor remodeling.
Listing courtesy of MRED / Beycome brokerage realty LLC as distributed by MLS GRID
Last checked:
Checking…
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Last updated Oct 30, 2024
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MLS# 11848347 —
The Building
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Year Built:1970
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Rebuilt:No
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New Construction:false
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Basement:Full
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Exterior Features:Deck
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Disability Access:No
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Living Area Source:Landlord/Tenant/Seller
Interior
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Rooms Total:8
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Room Type:No additional rooms
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Fireplaces Total:1
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Fireplace Location:Family Room
Room Dimensions
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Living Area:1264
Location
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Directions:Head east on Exit 1540.2 miKeep right at the fork and merge onto Kedzie Ave0.1 miTurn right onto Laurel Ln240 ftTurn right onto Birchwood Dr0.6 miBirchwood Dr turns left and becomes Magnolia Dr The destination will be on the right
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Location:88068
The Property
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Parcel Number:28261240180000
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Property Type:Residential
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Lot Size Dimensions:0.27
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (844) 239-2663
- Office phone:
- (804) 656-5007
Taxes
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Tax Year:2021
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Tax Annual Amount:6788
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Other
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:152.5
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Middle Or Junior School District:152.5
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High School District:152.5
The Community
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Garage Type:Attached
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Garage Spaces:1
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Garage Onsite:Yes
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Garage Ownership:Owned
Monthly cost estimate
Asking price
$236,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,263
|
Taxes | $565 |
Insurance | $64 |
Utilities | $153 See report |
Total | $2,045/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/15/23
Dec 15, 2023
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Price Changed | MRED | $236,000 | 58.4% |
12/8/23
Dec 8, 2023
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Listed / Active | MRED | $149,000 | 267.0% (24.2% / YR) |
11/23/12
Nov 23, 2012
|
MRED | $40,599 |
39% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $7k above asking price on average, but some went as high as $20k over asking price.