NOT LISTED FOR SALE

Estimated Value: $3,882,451

29 Beds
23 Baths
-- Sq Ft
0.52 Acres

Last Sold October 22, 2020

Last sale price $2,150,000

Est. 81% increase in value since last sale

Current estimated payment $25,360/month

13 Days on Market

About This Home

As of October 2020

Agent Realty Partners, LLC is pleased to offer this unique multi-family opportunity to qualified investors. 23 Units in desirable Dupage County. 17 1bd/1ba and 6 2bd/1ba with below market rents. 32 Parking spots on a newly seal-coated lot. On site laundry, 2 washers-2 dryers. Roof is 4 years old. New hot water tank added this summer. Partial flexicore construction. Currently grosses $263,000 with high upside. Baseboard heat with original boiler. Value add opportunity here. Good for seasoned investor.

Last Agent to Sell the Property

Joseph Giannini

Agent Realty Partners License #475191091 Listed on: 08/21/2020

Last Buyer's Agent

Anthony Giannini

Agent Realty Partners License #471018349

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,016

Year Built

  • 1976

Lot Details

  • 0.52

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Community Details

  • Fuel Expense $5,838
  • Insurance Expense $7,486

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,016

Year Built

1976

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2019
  • Net Oper Income: 144887
  • Outdoor Parking: 31-50 Spaces
  • Repairs Decor Expense: 11500
  • Scavenger Expense: 3539
  • Total Annual Exp: 111757
  • Total Annual Income: 269820
  • Total Monthly Income: 22485
  • Number of Ranges: 23
  • Number Of Refrigs: 23
  • Number Of Window A C: 16
  • Number Of Stories: 2.5
  • Estimated Year Built: 1976
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1976

Exterior Features

  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 32

Utilities

  • Air Conditioner: Wall Sleeve, Window Unit/s
  • Heatventilation: Baseboard
  • Water Expense: 18000

Condo/Co-op/Association

  • Units in Building: 23

Fee Information

  • Electricity Expense: 1504

Lot Info

  • Lot Dimensions: 150FT X 125FT
  • Parcel Identification Number: 0515324021

Rental Info

  • Gross Rental Income: 263520
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Fuel Expense: 5838
  • Insurance Expense: 7486
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 44237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Revir Wheaton Llc
Bought by
Sooter Enterprises Llc Series 7
Current Estimated Value
$3,882,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,778,192
Interest Rate
7.29%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,958,268

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 22, 2020
Sold by
West Suburban Bank
Bought by
Revir Wheaton Llc
Seller's Agent
Joseph Giannini
Agent Realty Partners
Buyer's Agent
Anthony Giannini
Agent Realty Partners
List Price
$2,795,000
Sold Price
$2,150,000
Premium/Discount to List
-$645,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$300,000
Interest Rate
2.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Sooter Enterprises Llc Series 7 $3,350,000 Altima Title
Revir Wheaton Llc $2,150,000 Landtrust National Ttl Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sooter Enterprises Llc Series 7 $1,800,000
Previous Owner Revir Wheaton Llc $300,000
Previous Owner Revir Wheaton Llc $1,720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $2,150,000 -23.1% --
09/03/2020 09/03/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $2,795,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2023 $47,016 $695,710 $139,700 $556,010
2022 $45,533 $657,480 $132,020 $525,460
2021 $45,429 $641,880 $128,890 $512,990
2020 $45,307 $635,900 $127,690 $508,210
2019 $44,323 $619,120 $124,320 $494,800
2018 $43,877 $605,790 $121,640 $484,150
2017 $43,301 $583,440 $117,150 $466,290
2016 $42,813 $560,140 $112,470 $447,670
2015 $42,591 $534,380 $107,300 $427,080
2014 $34,258 $422,510 $136,260 $286,250
2013 $33,371 $423,780 $136,670 $287,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10826983

Midwest Real Estate Data (MRED)

APN: 05-15-324-021