NOT LISTED FOR SALE

11174 S Columbus Dr Worth, IL 60482

Worth Area
11 Beds
6 Baths
-- Sq Ft
1971 Built

Sale Details

Date Sold: March 12, 2015

Last sale price $300,000 $0 Per Sq Ft

197 Days on Market

About This Home

As of March 2015

EXCELLENT INVESTMENT PROPERTY IN PRIME WORTH LOCATION. PROPERTY IS BEING SOLD AS-IS ALL OFFERS ARE SUBJECT TO THIRD PARTY APPROVAL. THIS 5-UNIT APARTMENT BUILDING IS IN NEED OF MINOR UPDATES IN ORDER TO ADD VALUE. THIS PROPERTY IS EASILY ACCESSIBLE TO METRA, BUS AND SHOPPING. PLEASE NOTE INCOME AND EXPENSES ARE PRO FORMA.

Last Agent to Sell the Property

Michael Tolliver

Atlas Asset Management Realty LLC License #471012301 Listed on: 08/04/2014

Co-Listed By

Eric Janssen

Chicago Real Estate Resources License #471011639

Last Buyer's Agent

Michael Tolliver

Atlas Asset Management Realty LLC License #471012301 Listed on: 08/04/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Partially Finished Basement

  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $5,000
  • Insurance Expense $3,000

Listing and Financial Details

  • Tenant pays for air conditioning

Property Details

Home Type

Multi-Family

Year Built

1971

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal, Water to Site
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2013
  • Net Oper Income: 27204
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Shingle Composition
  • Roof Structure: Hip
  • Scavenger Expense: 1500
  • Total Annual Exp: 24996
  • Total Annual Income: 44400
  • Total Monthly Income: 4350
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Window A C: 9
  • Number Of Stories: 2
  • Estimated Year Built: 1971
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1971

Interior Features

  • Basement: Partially Finished, Exterior Access, Bathroom Rough-In
  • Total Fireplaces: 1

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 9

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Alarm On Site, Fire Extinguisher/s
  • Heatventilation: Gas, Hot Water
  • Water Expense: 3000

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 1000
  • Electrical Service: Circuit Breakers, 101-200 Amps

Lot Info

  • Lot Dimensions: 50X172
  • Lot Sq Ft: 9597
  • Land Amenities: Sidewalks
  • Parcel Identification Number: 23242030420000

Rental Info

  • Gross Rental Income: 52200
  • Tenant Pays: Air Conditioning

Multi Family

  • Expense Year: 2013
  • Fuel Expense: 5000
  • Insurance Expense: 3000
  • Other Expenses: 1400
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 11496.1

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
Aug 4, 2014
Closed on
Mar 12, 2015
Sold by
Bought by
Seller's Agent
Michael Tolliver
Atlas Asset Management Realty LLC
Buyer's Agent
Michael Tolliver
Atlas Asset Management Realty LLC
List Price
$399,900
Sold Price
$300,000
Premium/Discount to List
-$99,900
-24.98%

Purchase Details

Closed on
May 16, 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
$350,625
Interest Rate
0.0622%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 1994
Sold by
Bought by
Source: Public Records
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

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
$300,000 None Available
$467,500 Pntn
-- --
$255,000 --
$255,000 --
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 $350,625
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
03/12/2015 03/12/15 Sold $300,000 -25.0% --
02/17/2015 02/17/15 Pending -- -- --
08/04/2014 08/04/14 For Sale $399,900 -- --
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 $15,965 $57,500 $7,678 $49,822
2024 $15,965 $49,000 $7,678 $41,322
2023 $13,130 $49,000 $7,678 $41,322
2022 $13,130 $33,958 $4,319 $29,639
2021 $12,732 $33,956 $4,318 $29,638
2020 $12,272 $33,956 $4,318 $29,638
2019 $13,099 $34,366 $3,838 $30,528
2018 $15,135 $39,008 $3,838 $35,170
2017 $14,638 $39,008 $3,838 $35,170
2016 $12,605 $30,854 $3,358 $27,496
2015 $12,426 $30,854 $3,358 $27,496
2014 $12,205 $30,854 $3,358 $27,496
2013 $11,496 $32,148 $3,358 $28,790
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08692570

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.