NOT LISTED FOR SALE

1140 Arnold Ct Des Plaines, IL 60016

8 Beds
5 Baths
1,324 Sq Ft
1967 Built

Sale Details

Date Sold: November 10, 2022

Last sale price $600,000 $453 Per Sq Ft

1 Day on Market

Highlights

  • 3 Car Detached Garage
  • Elk Grove High School Rated A
  • Paved or Partially Paved Lot

About This Home

As of November 2022

*** Perfect for investors or first time buyers wanting to save money on monthly expenses! Rare opportunity to buy a well kept, legal 3 flat in the suburbs. This all-brick structure consists of 8 bedrooms, 4 full baths, 1 half bath, coin laundry, window a/c, boiler heat and 3 car garage! Quality of ownership is expressed through windows, common areas, patio work and overall cleanliness of home. Unit 2 is the owners unit with a fully remodeled extra large kitchen, wooden tile, walk-in closet, 3 beds, 2 full baths and hardwood flooring. Top floor, Unit 3, has 3 beds and 1.5 baths. Unit 1 in the lower level has 2 beds and 1 bath. Pictures are not in listing, however, very well kept with annual rent at $1200 a month. At today's market rent, this building can be fully leased out at $5,225 monthly, $62,700 annually with garage parking. Each unit has their own boiler, wall a/c units, and their own electric meters. Annual water and trash expenses of $2,330.

Last Agent to Sell the Property

Alexander Landowski

Real People Realty License #475181475 Listed on: 10/05/2022

Last Buyer's Agent

Non Member

Central Illinois Board of REALTORS License ##N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,187

Year Built

  • Built in 1967 | Remodeled in 2017

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Storage

Lot Details

  • Lot Dimensions are 148.9 x 56.8
  • Paved or Partially Paved Lot

Schools

  • Devonshire Elementary School
  • Friendship Junior High School
  • Elk Grove High School

Utilities

  • Radiator
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $5,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,187

Year Built

Built in 1967 | Remodeled in 2017

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Basement Description: Finished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • OtherStructures: Garage(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

  • Elementary School: Devonshire School
  • High School: Elk Grove High School
  • Middle/Junior School: Friendship Junior High School

Lot Info

  • Lot Dimensions: 148.9 X 56.8
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 5225
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 10186.76
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
11/10/2022 11/10/22 Sold $600,000 0.0% $453 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $599,997 0.0% $453 / Sq Ft
02/28/2017 02/28/17 Rented $1,350 0.0% --
02/04/2017 02/04/17 Price Changed $1,350 -3.6% $1 / Sq Ft
01/21/2017 01/21/17 For Rent $1,400 -- --
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 $13,175 $65,001 $8,348 $56,653
2024 $13,175 $52,000 $7,155 $44,845
2023 $11,769 $52,000 $7,155 $44,845
2022 $11,769 $52,000 $7,155 $44,845
2021 $10,351 $40,586 $4,770 $35,816
2020 $10,187 $40,586 $4,770 $35,816
2019 $10,685 $46,651 $4,770 $41,881
2018 $10,100 $39,573 $3,975 $35,598
2017 $12,172 $44,361 $3,975 $40,386
2016 $10,345 $44,361 $3,975 $40,386
2015 $10,834 $39,319 $3,577 $35,742
2014 $4,548 $39,319 $3,577 $35,742
2013 $4,557 $39,319 $3,577 $35,742
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11645299

Midwest Real Estate Data (MRED)
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