15740 Lake Drive, OAK FOREST IL 60452 Photo 1 15740 Lake Drive, OAK FOREST IL 60452 Photo 2 15740 Lake Drive, OAK FOREST IL 60452 Photo 3 15740 Lake Drive, OAK FOREST IL 60452 Photo 4 15740 Lake Drive, OAK FOREST IL 60452 Photo 5 15740 Lake Drive, OAK FOREST IL 60452 Photo 6 15740 Lake Drive, OAK FOREST IL 60452 Photo 7
Listing Courtesy of Homesmart Realty Group

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15740 Lake Drive - Fully leased two 6 unit apartment buildings attached . Building has balconies that overlook pond. Pre-approved buyers only! Taxes are under appeal and are lowered for second installment . No long term leases. Pool & tennis court in complex. Monthly assesment takes care of exterior maintenance,grounds etc. Newer roof,tuck pointing & balconies New fire alarm system. E.M. to be certified funds . New boilers in each building. Hallways recently painted. Some apartments have granite counter tops. New wood laminate flooring in ten of the twelve apartments. Some apartments have s/s appliances. Newer roof. Newer boiler. One new H.W. tank. Newer tuckpointing. Garage not included.

Listing information

  • MLS® ID: 10393047
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1975
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $32,000


Air Conditioning Wall Sleeve
Approximate Age 26-35 Years
Assessment Includes Clubhouse, Common Insurance, Exterior Maintenance, Lawn Care, Parking, Pool, Scavenger, Snow Removal
Backup Info Floor Plans and Specs, Leases-Copies, Rent Roll, Tax Bill
Basement Description Slab
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Residential-Multi-Family
Electrical Service Circuit Breakers
Exterior Building Type Brick
Fire Protection Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Partially Sprinklered, Smoke or Fire Protectors, Sprinklers-Wet
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access Private Road
Fuel Expense Source Owner Projection
Heat/Ventilation Central Bldg Heat, Gas
Information 24-Hr Notice Required, List Broker Must Accompany
Known Encumbrances First Mortgage
Land Amenities Cable Ready, Clubhouse, Curbs and Gutters, Lighting/Exterior, Pool, Sidewalks, Tennis Court/s
Location Lake Front, Water View
Misc Inside Inside Corridor/s, Laundry Room, Storage Inside
Misc Outside Balcony/ies, Patio, Storms and Screens (as exist)
Other # Of Dishwashers - 12, # Of Dryers - 2, # Of Ranges - 12, # Of Refrigs - 12, # Of Units - 12, # Of Washers - 2, # Of Window/Ac - 13, Approx Total Bldg Sq Ft - 6100, Electricity Expense - 600, Expense Year - 2019, Fuel Expense - 3000, Gross Rent Multiplier - .079, Gross Rental Income $ - 150900, Insurance Expense - 2800, Janitor Expense - 0, Net Oper Income $ - 84420, Net Operating Income Year - 2019, Other Expenses - 13600, Repairs-Decor Expense - 3000, Scavenger Expense - 0, Tax Year - 2018, Total Annual Exp - 66250, Total Annual Income - 150900, Total Monthly Income - 12575, Township - Bremen, Water Expense - 10000, Zoning Type - Multi
Outdoor Parking 6-12 Spaces
Owners Assoc (Y/N) Yes
Ownership Type Sole Proprietor
Possession Tenant's Rights
Potential Use Residential-Multi-Family
Property Type Multi Family 5+
Roof Coverings Shingle Composition
Roof Structure Pitched
Sale Terms Conventional
Tenant Pays Air Conditioning, Electric
Type Multi-Family Other
Unincorporated (Y/N) No
Utilities To Site Water-Municipal
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of Homesmart Realty Group