$875,000

Estimated payment $6,277/month

Total Views 9,890
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

8137 N Keating Ave located in the heart of Skokie, IL. The building consists of 4 2 bedroom + den / 1 bathroom units. Units and common areas have been recently renovated, featuring updated kitchens, modern finishes, and improved building systems. Located just north of Chicago, Skokie offers a blend of suburban comfort and urban convenience, with easy access to major highways, public transit, and downtown. Skokie continues to attract residents and investors alike due to its diverse housing stock and solid rental demand. This property is ideal for an owner-occupant seeking conventional financing or an investor looking for a stabilized investment. Current rents are below market, offering immediate upside for investors.

Listing Agent

Charlie Vasbinder

Juniper Real Estate LLC License #471021520 Listed on: 05/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,344

Year Built

  • Built in 1953 | Remodeled in 2024

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50' x 122'

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $450
  • Fuel Expense $450
  • Insurance Expense $3,000
  • Maintenance Expense $500
  • Water Sewer Expense $1,200
  • Gross Income $68,400
  • Net Operating Income $47,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,344

Year Built

Built in 1953 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors,Oven/Built-in
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors,Oven/Built-in
  • Room: 5

Exterior Features

  • Construction Materials: Brick, Other
  • List Price: 875000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 1200
  • Other Expenses $: 500

Schools

  • Middle/Junior School District: 69

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50' X 122'
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 47356
  • Fuel Expense: 450
  • Insurance Expense: 3000
  • ElectricExpense: 450
  • GrossIncome: 68400
  • Maintenance Expense: 500
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 17344
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 For Sale $875,000 +212.5% --
04/26/2012 04/26/12 Sold $280,000 0.0% --
03/24/2012 03/24/12 Pending -- -- --
03/24/2012 03/24/12 Off Market $280,000 -- --
03/24/2012 03/24/12 For Sale $299,900 +7.1% --
03/05/2012 03/05/12 Off Market $280,000 -- --
02/11/2012 02/11/12 For Sale $299,900 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12365280

Midwest Real Estate Data (MRED)