NOT LISTED FOR SALE
10 Beds
10 Baths
-- Sq Ft
1960 Built

Sale Details

Date Sold: February 1, 2017

Last sale price $575,000 $0 Per Sq Ft

53 Days on Market

About This Home

As of February 2017

INCREDIBLE INVESTMENT OPPORTUNITY! PRIME MULTI-FAMILY PACKAGE RARELY AVAILABLE IN ONE OF CHICAGOLAND'S PREMIER NEIGHBORHOODS. ALL BRICK FLEXICORE BUILDING, MAINTENANCE FREE, 100% OCCUPANCY. WALKING DISTANCE TO METRA. THESE UNITS COMMAND THE BEST TENANCY, 30 PLUS YEAR OWNER RETIRING. TOTAL PORTFOLIO CONSITS OF 35 UNITS AND $345,000 IN GROSS RENTS. SEE MLS #09344427, #09344567 AND #09344798. PREFER TO SELL AS PACKAGE, WILL CONSIDER ALL OFFERS. SERIOUS BUYERS ONLY! PROFORMA IS AVAILABLE AS ADDITIONAL ON-LINE DOCUMENTS.

Last Agent to Sell the Property

James Mattz

Keller Williams Preferred Rlty License #471014052 Listed on: 09/16/2016

Keller Williams Preferred Rlty

Last Buyer's Agent

Rob Thompson

Realty Asset Advisors LLC License #471021162

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $5,200
  • Insurance Expense $4,852

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1960

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2015
  • Net Oper Income: 62684
  • Scavenger Expense: 1800
  • Total Annual Exp: 24976
  • Total Annual Income: 87660
  • Total Monthly Income: 7305
  • Number of Ranges: 10
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1960
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1960

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Concrete

Utilities

  • Heatventilation: Central Bldg Heat
  • Water Expense: 4834

Condo/Co-op/Association

  • Units in Building: 10

Fee Information

  • Electricity Expense: 480

Lot Info

  • Lot Dimensions: 80X150
  • Lot Sq Ft: 8069
  • Parcel Identification Number: 25182010230000

Rental Info

  • Gross Rental Income: 7125
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2015
  • Fuel Expense: 5200
  • Insurance Expense: 4852
  • Other Expenses: 505
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 7747

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

Listed on
Sep 16, 2016
Closed on
Feb 21, 2017
Sold by
Bought by
Seller's Agent
James Mattz
Keller Williams Preferred Rlty
Buyer's Agent
Rob Thompson
Realty Asset Advisors LLC
List Price
$685,000
Sold Price
$575,000
Premium/Discount to List
-$110,000
-16.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
0.0412%
Mortgage Type
Commercial
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
$575,000 Chicago Title Land Trust Com
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
Open $510,000
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
02/01/2017 02/01/17 Sold $575,000 -16.1% --
11/08/2016 11/08/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $685,000 -- --
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 $12,188 $75,001 $10,573 $64,428
2024 $12,188 $75,001 $10,573 $64,428
2023 $11,888 $57,624 $7,612 $50,012
2022 $11,888 $57,624 $7,612 $50,012
2021 $11,621 $57,624 $7,612 $50,012
2020 $10,424 $46,679 $7,612 $39,067
2019 $9,403 $46,679 $7,612 $39,067
2018 $9,244 $46,679 $7,612 $39,067
2017 $8,559 $39,673 $6,977 $32,696
2016 $7,965 $39,673 $6,977 $32,696
2015 $7,288 $39,673 $6,977 $32,696
2014 $7,747 $41,650 $6,977 $34,673
2013 $7,593 $41,650 $6,977 $34,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09344763

Midwest Real Estate Data (MRED)
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