NOT LISTED FOR SALE

10491 E Touhy Ave Des Plaines, IL 60018

Rosemont Area
12 Beds
9 Baths
-- Sq Ft
25 Acre Lot

Sale Details

Date Sold: January 24, 2020

Last sale price $650,000 $0 Per Sq Ft

16 Days on Market

About This Home

As of January 2020

Excellent Corner 6 units Building in good condition. 3 units with 1 Bedroom and 3 Units with 2 Bedroom. Large Parking lot with 9 Parking spaces. Great Rental income with 8% CAP Rate. Note the Seller will pay 2 remaining years of special assessments at Closing, Thus will reduce the Real Estate tax, also the Garbage pick up and the snow plowing is paid in the real estate tax bill, done by the Village of Rosemont.

Last Agent to Sell the Property

Vito Zivoli

USA Real Estate LTD License #471004134 Listed on: 10/24/2019

Last Buyer's Agent

Vito Zivoli

USA Real Estate LTD License #471004134 Listed on: 10/24/2019

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 25

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,900
  • Insurance Expense $1,800

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

25 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 52771
  • Repairs Decor Expense: 500
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Total Annual Exp: 21329
  • Total Annual Income: 74100
  • Total Monthly Income: 6175
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1966
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1966

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 25
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 9

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Gas, Hot Water
  • Water Expense: 900

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 1200
  • Janitor Expense: 500

Lot Info

  • Lot Dimensions: 124X53
  • Parcel Identification Number: 09322130010000

Rental Info

  • Gross Rental Income: 74100
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 2900
  • Gross Rent Multiplier: 11
  • Insurance Expense: 1800
  • Other Expenses: 100

Tax Info

  • Taxes: 16329.0

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
Oct 24, 2019
Closed on
Jan 23, 2020
Sold by
Magnelli Oreste and Magnelli Franca
Bought by
Seller's Agent
Vito Zivoli
USA Real Estate LTD
Buyer's Agent
Vito Zivoli
USA Real Estate LTD
List Price
$669,000
Sold Price
$650,000
Premium/Discount to List
-$19,000
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2004
Sold by
Liv Uhlig Caroline E
Bought by
Magnelli Oreste and Magnelli Franca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 1993
Sold by
Uhlig Edwin W and Uhlig Caroline E
Bought by
Uhlig Caroline E
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Des Plaines, IL

See All Agents

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
$650,000 Attorneys Ttl Guaranty Fund
Magnelli Oreste $575,000 Ticor Title
Uhlig Caroline E -- --
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
Closed $487,500
Previous Owner Magnelli Oreste $430,000
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
01/24/2020 01/24/20 Sold $650,000 -2.8% --
11/09/2019 11/09/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $669,000 0.0% --
10/29/2019 10/29/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $669,000 -- --
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 $22,286 $76,001 $5,021 $70,980
2024 $22,286 $66,000 $4,351 $61,649
2023 $22,302 $66,000 $4,351 $61,649
2022 $22,302 $66,000 $4,351 $61,649
2021 $19,924 $49,748 $5,689 $44,059
2020 $19,804 $49,748 $5,689 $44,059
2019 $19,267 $57,182 $5,689 $51,493
2018 $16,329 $40,221 $5,020 $35,201
2017 $16,147 $40,221 $5,020 $35,201
2016 $15,109 $40,221 $5,020 $35,201
2015 $16,862 $40,602 $4,351 $36,251
2014 $16,177 $40,602 $4,351 $36,251
2013 $17,170 $40,602 $4,351 $36,251
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10556808

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.