NOT LISTED FOR SALE
12 Beds
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: September 29, 2015

Last sale price $875,000

48 Days on Market

About This Home

As of September 2015

Chicago Ridge 12 unit apartment building that is 100% occupied, laundry, updated units. New Appliances New Cabinets, Countertops and Tiled backsplashes New Bathroom fixtures & lighting New Windows thruout New Carpet in hallways

Last Agent to Sell the Property

Bob Petrich

Boardwalk Commercial Real Estate Corporation License #471000390 Listed on: 06/10/2015

Last Buyer's Agent

Bob Petrich

Boardwalk Commercial Real Estate Corporation License #471000390 Listed on: 06/10/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,980

Year Built

  • Built in 1974

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 100x133
  • Additional Parcels

Interior Spaces

  • 12 Bedrooms
  • 3-Story Property

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $40,655
  • Net Operating Income $73,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,980

Year Built

Built in 1974

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1974
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 12
  • Room: 0

Utilities

  • Heat/Ventilation: Baseboard

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 100X133
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 73573
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 40655
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 20980
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2022
Sold by
Bought by

Purchase Details

Listed on
Jun 10, 2015
Closed on
Sep 29, 2015
Sold by
Bought by
Seller's Agent
Bob Petrich
Boardwalk Commercial Real Estate Corporation
Buyer's Agent
Bob Petrich
Boardwalk Commercial Real Estate Corporation
List Price
$950,000
Sold Price
$875,000
Premium/Discount to List
-$75,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
0.0425%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
0.0513%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.0589%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
0.0475%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$500,000 --
$875,000 None Available
-- None Available
$667,000 Ticor Title
$800,000 Multiple
$772,000 Atgf Inc
$550,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $656,000
Previous Owner $467,000
Previous Owner $600,000
Previous Owner $570,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/29/2015 09/29/15 Sold $875,000 -7.9% --
07/28/2015 07/28/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $950,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,632 $20,448 $3,076 $17,372
2024 $6,632 $20,448 $3,076 $17,372
2023 $7,632 $20,448 $3,076 $17,372
2022 $7,632 $19,479 $2,161 $17,318
2021 $7,303 $19,479 $2,161 $17,318
2020 $7,213 $19,479 $2,161 $17,318
2019 $6,305 $16,147 $2,410 $13,737
2018 $5,996 $16,147 $2,410 $13,737
2017 $6,006 $16,147 $2,410 $13,737
2016 $6,258 $15,687 $2,244 $13,443
2015 $6,139 $15,687 $2,244 $13,443
2014 $4,538 $11,841 $2,244 $9,597
2013 $5,245 $15,047 $2,244 $12,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08949358

Midwest Real Estate Data (MRED)
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