5 Thomas Court
Richton Park, IL 60471
- 7 beds
- 4 baths
- – sqft
- 8,712 sqft lot
- 1972 build
- – on site
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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
Last checked:
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Last updated Apr 7, 2025
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MLS# 11891897 —
The Building
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Year Built:1972
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:None
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Foundation Details:Concrete Perimeter
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Other Equipment:TV-Cable, CO Detectors
Interior
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Rooms Total:22
Location
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Directions:Sauk Trail east of Governor's Highway to Ridgeway, North to Thomas Court, West to Building.
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Location:22076
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Location:40139
The Property
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Parcel Number:31263030430000
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Property Type:Residential Income
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Lot Features:Cul-De-Sac
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Lot Size Dimensions:8986
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Lot Size Acres:0.2
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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 518-0806
- Office phone:
- (630) 954-4600
Taxes
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Tax Year:2021
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Tax Annual Amount:12649
Beds
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Bedrooms Total:7
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Bedrooms Possible:7
Baths
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Baths:4
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Full Baths:4
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan, Public
Schools
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Elementary School District:159
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Middle Or Junior School District:159
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High School:Fine Arts And Communications Cam
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High School District:227
Parking
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Parking Total:8
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Parking Features:Unassigned
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Parking Onsite:Yes
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Parking Ownership:N/A
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/11/24
Jan 11, 2024
|
Sold | MRED | $330,000 | 6.5% |
|
10/12/23
Oct 12, 2023
|
Sold Subject To Contingencies | MRED | $309,995 | |
|
9/26/23
Sep 26, 2023
|
Listed / Active | MRED | $309,995 |
