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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.
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Last updated August 2026
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Sale history for 1002 Shagbark Rd
As the MLS and public records start to fill up, we'll list the details here.
Public record
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
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
Public 1-3 • Assigned • 0.6mi
Public PreK-8 • Assigned • 3.0mi
Public 9-12 • Assigned • 1.1mi
Lifestyle
Provided by Walk Score and Local Logic
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.
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Home values near 1002 Shagbark Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $265,886 |
2 Beds | 2.5 Baths | 1796 Sq. Ft. | $282,056 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | - Sq. Ft. | $276,990 |
2 Beds | 2 Baths | 1800 Sq. Ft. | $282,740 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | - Sq. Ft. | $241,726 |
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