NOT LISTED FOR SALE
14 Beds
14 Baths
-- Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: August 14, 2018

Last sale price $710,000

17 Days on Market

About This Home

As of August 2018

Excellent investment opportunity for nicely maintained and managed 14 flat in a good location. Located close to public transportation (train and bus stop) and the recent expansion of the I-90 expressway! The building consists of 14 - one-bedroom / one-bathroom units, all approximately 550 square feet. The property features gas stoves, ample parking, and an on-site laundry facility with coin washers and dryers. Many recent upgrades include: a newer roof, many newer windows, copper plumbing, and new vinyl flooring in all apartments. Close to parks, retail, downtown area and entertainment. This is a great opportunity for an investor to achieve a great return with a upside. POF before showings. addtl PIN's 0618405016000 & 06184050150000. DO NOT GO IN OR ON PROPERTY OR DISTURB TENANTS. YOU MUST MAKE AN APPOINTMENT WITH LISTING AGENT. M/M to 6 mo leases in place for all tenants.

Last Agent to Sell the Property

Julie Anne

eXp Realty License #475103347 Listed on: 05/10/2018

eXp Realty

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,061

Year Built

  • Built in 1974

Lot Details

  • 18,560 Sq Ft Lot
  • Lot Dimensions are 180x100
  • Additional Parcels

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Additional Features

  • 2-Story Property
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 14 Units

Building Details

  • Electric Expense $916
  • Fuel Expense $3,972
  • Insurance Expense $3,012
  • Maintenance Expense $2,750
  • Other Expense $3,140
  • Trash Expense $2,760
  • Water Sewer Expense $5,400
  • Operating Expense $49,211
  • Gross Income $108,900
  • Net Operating Income $63,889

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,061

Year Built

Built in 1974

Lot Details

0.43 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1974
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Special Instructions
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 14
  • Total Bedrooms: 14
  • Room: 0

Garage/Parking

  • Outdoor Parking: 19-30 Spaces

Utilities

  • Heat/Ventilation: Baseboard

Fee Information

  • Trash Expense: 2760
  • Water Sewer Expenses: 5400

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 180X100
  • Lot Size Sq Ft: 18560
  • Zoning: MULTI
  • Alternate Phone Number: (847) 370-4509

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 63889
  • Fuel Expense: 3972
  • Insurance Expense: 3012
  • ElectricExpense: 916
  • GrossIncome: 108900
  • Maintenance Expense: 2750
  • NumberOfUnitsTotal: 14
  • OperatingExpense: 49211
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 23061.1
  • Tax Year: 2016

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
May 10, 2018
Closed on
Aug 14, 2018
Sold by
Bought by
Seller's Agent
Julie Anne
eXp Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
0.0495%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2003
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
$423,000
Interest Rate
0.055%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2001
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
$400,000
Interest Rate
0.043%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 1998
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
$300,000
Interest Rate
0.0693%
Mortgage Type
Commercial
Source: Public Records
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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
$710,000 Attorney
$565,000 Rtc
$500,000 --
$179,500 --
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 $532,500
Previous Owner $423,000
Previous Owner $400,000
Previous Owner $300,000
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
08/14/2018 08/14/18 Sold $710,000 -2.1% --
05/27/2018 05/27/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $725,000 -- --
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 $7,315 $41,240 $2,400 $38,840
2024 $7,315 $25,413 $3,600 $21,813
2023 $7,109 $25,413 $3,600 $21,813
2022 $7,109 $25,413 $3,600 $21,813
2021 $10,215 $29,644 $3,600 $26,044
2020 $10,151 $29,644 $3,600 $26,044
2019 $9,086 $29,644 $3,600 $26,044
2018 $9,662 $28,437 $2,550 $25,887
2017 $9,631 $28,437 $2,550 $25,887
2016 $9,062 $28,437 $2,550 $25,887
2015 $7,339 $20,890 $2,100 $18,790
2014 $7,109 $20,890 $2,100 $18,790
2013 $6,875 $20,890 $2,100 $18,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09946951

Midwest Real Estate Data (MRED)
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