NOT LISTED FOR SALE

1124 Arnold Ct Des Plaines, IL 60016

8 Beds
5 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold September 18, 2019

Last sale price $420,000

22 Days on Market

About This Home

As of September 2019

$$ INVESTMENT OPPORTUNITY $$ Rare chance to own an all brick 3 flat. Solid building with nice driveway and a 2 car garage. Rental income does not reflect the current market rental rates for the area and the potential income this building can do. Two 3 bedroom 1.5 bath units. One 2 bedroom 1 bath spacious unit. All units have nice size living and dining areas along with a good size eat in kitchen. Tenants are on month to month but are willing to stay and sign a new lease with new owner. Or live here and rent the other units for income.

Last Agent to Sell the Property

John Papanos

GoPro Realty Inc. License #471011949 Listed on: 07/20/2019

Last Buyer's Agent

John Papanos

GoPro Realty Inc. License #471011949 Listed on: 07/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,603

Year Built

  • Built in 1966

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 51x149

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Additional Features

  • Partial Basement
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,603

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 51X149
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8603
  • Tax Year: 2018

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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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 List to Sale Price per Sq Ft
09/18/2019 09/18/19 Sold $420,000 +1.2% --
08/11/2019 08/11/19 Pending -- -- --
08/11/2019 08/11/19 For Sale $415,000 -1.2% --
07/30/2019 07/30/19 Off Market $420,000 -- --
07/20/2019 07/20/19 For Sale $415,000 -- --
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
2025 $10,815 $58,001 $8,348 $49,653
2024 $10,815 $46,000 $7,155 $38,845
2023 $10,315 $46,000 $7,155 $38,845
2022 $10,315 $46,000 $7,155 $38,845
2021 $9,642 $34,705 $4,770 $29,935
2020 $9,432 $34,705 $4,770 $29,935
2019 $9,950 $43,678 $4,770 $38,908
2018 $8,604 $34,221 $3,975 $30,246
2017 $8,463 $34,221 $3,975 $30,246
2016 $8,188 $34,221 $3,975 $30,246
2015 $8,516 $33,530 $3,577 $29,953
2014 $8,436 $33,530 $3,577 $29,953
2013 $8,241 $33,530 $3,577 $29,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10460033

Midwest Real Estate Data (MRED)