$1,275,000
SOLD OCT 18, 2024
12 Beds
6 Baths
-- Sq Ft
0.31 Acres

Recently Sold

6% Below List Price

16 Days on Market

Highlights

  • Laundry Room
  • Storage Room
  • Baseboard Heating
  • El Sierra Elementary School Rated A-
  • Zoned Heating

About This Home

As of October 2024

6 UNIT BUILDING FOR SALE. ALL UNITS HAVE 2 BED/1 BATH. BALCONIES REPLACED IN THE LAST 7 YEARS. FRONT AND REAR ENTRANCE UPDATED WITHIN THE LAST 4 YEARS. COMMON AREA CARPET REPLACED IN THE LAST 3 YEARS. ALL UNITS HAVE WOOD LAMINATE FLOORING, UPDATED KITCHENS AND BATHROOMS. ALL UNITS ALSO COME WITH AN ASSIGNED STORAGE AREA. 12 ASSIGNED PARKING SPACES.NEWER APPLIANCES IN 3 OF THE UNITS PLUS NEW AC UNITS IN UNIT F AND UNIT D. Monthly INCOME FOR COIN LAUNDRY IS APPROX. $300.00 TERRIFIC INVESTMENT. OPPORTUNITY AND A GREAT LOCATION.All CALCULATIONS ARE YTD. PICTURES ARE PRIOR TO TENANT MOVING IN.ALL UNITS HAVE LONG TERM RENTAL AGREEMENTS.

Last Agent to Sell the Property

Marie Simandl

Platinum Partners Realtors License #475154032 Listed on: 08/21/2024

Platinum Partners Realtors

Last Buyer's Agent

Willie Garcia

Chicago Style License #475183008

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,740

Year Built

  • Built in 1976

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 126x117x129x115

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Storage Room
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $611
  • Fuel Expense $2,331
  • Insurance Expense $3,365
  • Maintenance Expense $3,200
  • Other Expense $1,136
  • Trash Expense $1,618
  • Water Sewer Expense $3,344
  • Operating Expense $28,325
  • Gross Income $154,060
  • Net Operating Income $125,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,740

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1976
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required,None
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Basement Description: Slab
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Paved
  • List Price: 1350000
  • Exterior Building Type: Brick

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas,Hot Water,Baseboard,Zoned
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 1618
  • Water Sewer Expenses: 3344
  • Janitor Expense: 1200

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.31
  • Lot Dimensions: 126X117X129X115
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks
  • Alternate Phone Number: (630) 698-5060

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 125735
  • Fuel Expense: 2331
  • Insurance Expense: 3365
  • ElectricExpense: 611
  • GrossIncome: 154060
  • Maintenance Expense: 3200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 28325
  • Expense Year: 2023
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 12740
  • Tax Year: 2023

Range of Values:

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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
10/18/2024 10/18/24 Sold $1,275,000 -5.6% --
09/06/2024 09/06/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $1,350,000 +70.9% --
05/06/2021 05/06/21 Sold $790,000 -4.2% --
04/18/2021 04/18/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $824,999 +4.4% --
04/15/2021 04/15/21 Off Market $790,000 -- --
04/12/2021 04/12/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $824,999 -- --
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: 12144258

Midwest Real Estate Data (MRED)