OFF MARKET

Off market dec 2017 for $650K

—

•

8 ba

•

—

sq ft

1002 Shagbark Rd, New Lenox, IL 60451

About this home

Great Investment opportunity!! All brick 8 flat that has been very well maintained. All units are currently rented. Roof and hot water heater are 5 years old. Each unit has two bedrooms and one bath. Tenants pay electric, owner pays water and sewer. Coin operated laundry in basement. Each unit has a storage area for tenant use. Great location with New Lenox Grade School District and Lincolnway High School. Each unit is approximately 900 sqft. Units rent quickly due to proximity to Centerpoint Intermodal Transportation Center. Large parking lot with 18 parking spaces.

Multi-familyProperty Type

1976Year Built

0.46 acresLot Size

18 spacesParking

Listed by Melissa Bell • Coldwell Banker Real Estate Group

Listed by Lloyd Meinhart

Bought with Melissa Bell • Coldwell Banker Real Estate Group

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #09762876

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 60451, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.5%

1.7% MoM

Median sale price

$425K

$5K MoM

Avg. days on market

54d

9 days MoM

Recently sold homes

146

2 MoM

New listings for sale

OPEN SAT, 11AM TO 2PM
$599,900
6 beds3.5 baths4,280 sq ft
408 Siesta Dr, New Lenox, IL 60451
NEW 9 HRS AGO
$249,900
2 beds1 bath1,120 sq ft
716 S Cedar Rd, New Lenox, IL 60451
NEW 33 HRS AGO
$579,900
3 beds2.5 baths1,800 sq ft
3705 Wimborne Ave, New Lenox, IL 60451
NEW 1 DAY AGO
$499,900
3 beds2 baths1,707 sq ft
2046 Somerglen Dr, New Lenox, IL 60451
$325,000
2 beds2.5 baths1,645 sq ft
919 Meadow Ridge Ln, New Lenox, IL 60451
$309,900
3 beds1 bath1,200 sq ft
821 Wisconsin Rd, New Lenox, IL 60451
$284,900
2 beds2 baths1,367 sq ft
811 Timber Pl #112, New Lenox, IL 60451
$359,900
3 beds2 baths1,800 sq ft
2018 Jackson Branch Dr, New Lenox, IL 60451
$724,999
5 beds3.5 baths3,000 sq ft
1920 Santo Dr, New Lenox, IL 60451
$389,000
4 beds2 baths1,745 sq ft
930 S Pine St, New Lenox, IL 60451
See all

Provided by Redfin

Sale history for 1002 Shagbark Rd

Public record

Public record
Permits

Beds

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Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Will County

APN

08294050150000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

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Last updated by owner on Apr 8, 2023.

Property details

Parking

Parking Information
# of Parking Spaces: 18
13-18 Outdoor Parking Spaces

Interior

Equipment
# of Refrigerators: 8
# of Ranges: 8
# of Washers: 1
# of Dryers: 1

Heating & Cooling
Electric Heating
Window Air Conditioning Unit(s)

Multi-Family Information
# of Units: 8
Tenant Pays Electric

Unit 1 Information
# of Units of Type: 8
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $750
Maximum Monthly Income: $950

Exterior

Building Information
Built Before 1978
Age: 36-50 Years
Brick Exterior
Shingle Composition Roof

Property Features
Storage Inside, Laundry Room

Lot Information
Dimensions: 99X200
Zoning: MULTI

Property Information
Ownership Type: Individual
Current Use: Residential (Multi-Family)
Parcel Identification Number: 1508294050150000

Financial

Financial Information
Tax: $9,872
Tax Year: 2016
Total Monthly Income: $6,450
Total Annual Income: $78,600
Gross Rental Income: $78,600
Gross Rent Multiplier: 8.89
Net Operating Income: $46,468
Finance Code: Conventional

Location

Location Information
Township: NEW LENOX
Directions: Laraway Rd to Nelson North to Shagbark West. Building on the corner of Nelson and Shagbark.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Will County
APN: 08294050150000

Home facts updated by county records on Apr 7, 2023

Other

Expense Information
Total Annual: $32,134
Total Annual Year: 2016
Electricity: $942

Listing Information
Possession: Closing
Seller Concessions: No

Information for Agents
Agent Owned/Interest

Around this home

Schools

Nelson Prairie School

Public 1-3 • Assigned • 0.6mi

9/10

Cherry Hill Elementary and Early Childhood Center

Public PreK-8 • Assigned • 3.0mi

Lincoln Way West

Public 9-12 • Assigned • 1.1mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

New Lenox, IL • 60451

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 60451

OPEN SAT, 11AM TO 2PM

$599,900

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408 Siesta Dr, New Lenox, IL 60451

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NEW 9 HRS AGO

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Hardwood flooring • Red oak stair treads • Electric fireplace

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In unit laundry • Washer and dryer • Garage

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All-new cabinetry • French pocket doors • Built-in shelving

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Fully landscaped • Fenced corner lot • Versatile floor plan

Home values near 1002 Shagbark Rd

Data from public records.

Address	Redfin Estimate
920 Shagbark Road Unit 920, New Lenox, IL - Beds \| - Baths \| - Sq. Ft.	$278,808
919 Meadow Ridge Lane, New Lenox, IL 2 Beds \| 2.5 Baths \| 1645 Sq. Ft.	—

Address	Redfin Estimate
921 Shagbark Road Unit 921, New Lenox, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$288,809
915 Meadow Ridge Lane, New Lenox, IL 2 Beds \| 2.5 Baths \| 1796 Sq. Ft.	$290,702

Address	Redfin Estimate
914 Shagbark Road Unit 914, New Lenox, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$262,641
921 Meadow Ridge Lane, New Lenox, IL 2 Beds \| 2 Baths \| 1800 Sq. Ft.	$293,984

Property information provided by MRED as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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