NOT LISTED FOR SALE

10358 Michael Todd Terrace Glenview, IL 60025

27 Beds
21 Baths
-- Sq Ft
1971 Built

Last Sold April 18, 2022

Last sale price $720,000

6 Days on Market

Highlights

  • Central Heating
  • Hoffman Elementary School Rated A-
  • Hot Water Heating System

About This Home

As of April 2022

Great investment opportunity in Glenview! Well maintained 6-flat in the Glenbrook South school district. Responsible, long-term tenants. Recent updates throughout the building include 2 fully renovated units. Additional income from owned laundry. Generates $78K+ in annual rental income - $10K more than most recent comps in Michael Todd.

Last Agent to Sell the Property

Donna Agnew

@properties Christie's International Real Estate License #475133954 Listed on: 02/13/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,568

Year Built

  • Built in 1971

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 21 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Radiator
  • Hot Water Heating System
  • 100 Amp Service

Additional Features

  • 3-Story Property
  • Lot Dimensions are 55x150

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include parking, lawn care, scavenger, snow removal
  • 6 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $3,000
  • Insurance Expense $1,550
  • Maintenance Expense $480
  • Other Expense $2,400
  • Water Sewer Expense $3,000
  • Operating Expense $23,658
  • Gross Income $75,732
  • Net Operating Income $55,074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,568

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1971
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 21
  • Total Bedrooms: 27
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 0
  • Number of Washers: 1
  • Room: 3
  • Room: 3
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 689500
  • Roof: Composition
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water,Radiators

Condo/Co-op/Association

  • Unincorporated (Y/N): Yes
  • Owners Association (Y/N): Yes

Fee Information

  • Association Fee Includes: Parking, Lawn Care, Scavenger, Snow Removal
  • Water Sewer Expenses: 3000
  • Janitor Expense: 0
  • Operating Expense Includes: Maintenance Grounds,Snow Removal,Trash

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 55X150
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 55074
  • Fuel Expense: 3000
  • Insurance Expense: 1550
  • ElectricExpense: 300
  • GrossIncome: 75732
  • Maintenance Expense: 480
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 23658
  • Expense Year: 2021
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 12568
  • Tax Year: 2020

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $720,000 0.0% --
02/22/2022 02/22/22 Pending -- -- --
02/22/2022 02/22/22 Off Market $720,000 -- --
02/15/2022 02/15/22 For Sale $689,500 +37.9% --
08/09/2016 08/09/16 Sold $500,000 -16.5% --
05/20/2016 05/20/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $599,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11325027

Midwest Real Estate Data (MRED)