10310 Mansfield, Oak Lawn, IL

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Ashley Jefferson
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1 030 Mansfield, Oak Lawn, IL Purchase Price: $795,000 Gross Income:,460 Net Income: $60,94 Cap Rate: *Proforma Income: $7,02 Unit Mix: 4 2 bed / bath 2 2 bed / bath 2 bed / bath + bsmt bed /bath Proforma Rent: 8.9% Current Rent $ $,00-,200 $,250 $ 850 Parking: Outdoor 8 Parking Spaces 4 Semi Private Units Building Size: Approx. 9,785 SF Year Built: Approx. 975 PIN #: **** Real Estate: $2,049 (See page 3 for Pin & Tax Detail) Summary: Unit Price: $99,375 per unit Expenses (Est): $40,546 Land Size: 7.7 % *Proforma Rent $ 975-,050 $,200-,250 $,300 $ 850 $ Approx. 00 x 34 / 0.28 Acr. or 3,340 SF The existing property consists of 8 condo units and four condo garages, each with it s own PIN. All existing owners have come to an agreement to sell their units and allowing for condo reversion into single 8 flat multi family apartment building. Wonderful property with long term tenants and only unit currently owner occupied. The owner occupied unit will be vacated, leased back or master leased at market rent. Walking distance to Stony Creek Golf course, park with newly installed splash pad, schools and more. Above Expense and Tax number based on final condo reversion and similar properties. Serious buyers only. Notable Improvements/Equipment Shingled Roof Water Heater: Window AC Gas Dryer 6 Units Date Installed Agent Owned 8 Flat / Fully Occupied

2 030 Mansfield, Oak Lawn, IL LEASING STATUS UNIT Unit Type Tenant Name Start End MONTHLY ANNUAL 205 9/30/208 $,250 $5,000 Unit -E 2 Bdr / Bath / Bsmt. Ahmed/Hussein Unit -W Bdr / Bath Kolach 3/3/208 3/3/208 $850,200 Unit 2-N 2 Bdr / Bath Natour/Barah 202 8/3/207 $920 $,040 Unit 2-S* 2 Bdr / Bath Maro 200 Mo/Mo * $950 $,400 Unit 3-N 2 Bdr / Bath Altenhoff / Alkawwas 202 Mo/Mo $850,200 Unit 3-S 2 Bdr / Bath Alobadi 206 7/3/208 $950 $,400 Unit 2-E 2 Bdr / Bath Owner Occupied** $,200 $4,400 Unit 3-E 2 Bed / Bath RENTED $,200 $4,400 OWNER OCCUPIED* Owner ** 2//207 /3/208 Rented - 3E Rented - 3N Rented - E Available - 2E Laundry (Building Owned: 2 Washers / 2 Dryers) Est. $285 $3,420 $8,455, / Due in 207 $, $2, /7 Premium 206/7 Premium $ $85.67 $3,308 $2,228 Est. Est. Est Est $ $62.7 $38.33 $96.67 $9.33 $.67 $73.67 $40.42 $82.7 $50.00 $2.50 $33.33 $4,472 $753 $3,820 $,60 $2 $40 $884 $485 $986 $600 $50 $400 TOTAL EXPENSE: $3,379 $40,546 NET OPERATING INCOME: $5,076 $60,94 SCHED. GROSS INCOME: EXPENSE: Real Estate Tax Insurance Flood Property Heating Energy Electricity Water & Sewer Scavenger Pest Control Operating Supplies Cleaning Services Snow Removal Grounds & Landscaping City Registration / Inspections Fee Bank Fees Other / Misc. This is tenant is a relative of one of the condo owners so the Seller agreed to keep the base rent at $850. Seller will master lease the difference for 2 months at the represented rate of $950 ** Unit currently owner occupied. Seller will master lease until the unit is leased for the unit for up to 2 month at the rate that is higher of $,200 per month or current market rate. Income & Expense

3 030 Mansfield, Oak Lawn, IL 206/Due 207 Real Estate Tax Breakdown RE Tax for: UNIT PIN st Insallment 2nd Installment TOTAL Unit -E 00 $, $, $3, Unit -S 002 $,22.57 $ $2,07.0 Unit 2-N 004 $,373.8 $,60.8 $2, Unit 2-S 005 $,373.8 $,60.8 $2, Unit 3-N 007 $,373.8 $,60.8 $2, Unit 3-NS 008 $,373.8 $,60.8 $2, Unit 2-E 003 $ $ $, Unit 3-E 006 $,78.09 $,78.09 $2,356.8 GP- 009 $88.47 $59.34 $347.8 GP-2 00 $88.47 $59.34 $347.8 GP-3 0 $50.84 $27.49 $ GP-4 02 $50.84 $27.49 $ TOTAL: $,284 $9,765 $2,048.64

4 Stony Creek Golf Course Oak Lawn Park District 030 Mansfield Stony Creek Golf Course 030 Mansfield Oak Lawn Park District 030 Mansfield, Oak Lawn, IL 8 Flat All Electric Building

5 030 Mansfield, Oak Lawn, IL Plat of Survey Disposal

6 030 Mansfield, Oak Lawn, IL Photos

Stony Creek Multi-Family Portfolio

Stony Creek Multi-Family Portfolio Property: 10310 S. Mayfield, Oak Lawn, IL 60453 (8 Units) 10326 S. Mayfield, Oak Lawn, IL 60453 (8 Units) Total Buildings: 18,735 Approx. SF Total Land Size: 0.59 Acres