NOT LISTED FOR SALE

Estimated Value: $1,893,237

32 Beds
21 Baths
-- Sq Ft
0.4 Acres

Last Sold December 17, 2015

Last sale price $1,060,000

Est. 79% increase in value since last sale

Current estimated payment $13,600/month

11 Days on Market

About This Home

As of December 2015

This great opportunity for an investment building so conveniently located near a Metra stop (only 1.4 miles away), Randall Rd, Rt 20, and I90 does not come along very often! 1145 Fairwood offers twenty-one units total: 1 studio apartment (perfect for your on site manager!), nine one bedroom/1 bath units, and 11 two bedroom/1 bath units. There is plenty of parking in the paved lot (40 spaces), in addition to 4 garage spaces. The building is fully rented at this time.

Last Agent to Sell the Property

Renee Anderson

Baird & Warner - Crystal Lake License #475145602 Listed on: 10/16/2015

Baird & Warner - Crystal Lake

Last Buyer's Agent

Ivette Anderson

Keller Williams Success Realty License #475135449

Keller Williams Success Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,697

Year Built

  • 1974

Lot Details

  • 0.4

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $22,680
  • Insurance Expense $7,631

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,697

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 106531
  • Repairs Decor Expense: 14004
  • Scavenger Expense: 4256
  • Total Annual Exp: 90485
  • Total Annual Income: 197016
  • Total Monthly Income: 16138
  • Number of Ranges: 21
  • Number Of Refrigs: 21
  • Number Of Stories: 3
  • Estimated Year Built: 1974
  • Type Multi Family: Corridor-Exterior Entrance, Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1974

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.4
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 44

Utilities

  • Heatventilation: Gas

Condo/Co-op/Association

  • Units in Building: 21

Fee Information

  • Janitor Expense: 870

Lot Info

  • Lot Dimensions: 32X142X176X201
  • Parcel Identification Number: 0603455013

Rental Info

  • Gross Rental Income: 193656
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 22680
  • Insurance Expense: 7631

Tax Info

  • Taxes: 41914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Davi Group Llc
Bought by
Adhara Llc
Current Estimated Value
$1,893,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Outstanding Balance
$17,614
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2015
Closed on
Dec 15, 2015
Sold by
Elliott Janelle
Bought by
Davi Group Llc
Seller's Agent
Renee Anderson
Baird & Warner - Crystal Lake
Buyer's Agent
Ivette Anderson
Keller Williams Success Realty
List Price
$1,200,000
Sold Price
$1,060,000
Premium/Discount to List
-$140,000
-11.67%

Purchase Details

Closed on
May 5, 1997
Sold by
Christensen Harold
Bought by
Elliott Crispin and Elliott Janelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,750
Interest Rate
8.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adhara Llc $1,800,000 Fidelity National Title
Davi Group Llc $1,060,000 Baird & Warner
Elliott Crispin $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adhara Llc $18,000
Previous Owner Elliott Crispin $753,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2015 12/17/15 Sold $1,060,000 -11.7% --
10/27/2015 10/27/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $1,200,000 -- --
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
2024 $43,697 $546,015 $46,426 $499,589
2023 $42,050 $493,283 $41,942 $451,341
2022 $39,002 $449,789 $38,244 $411,545
2021 $37,518 $420,520 $35,755 $384,765
2020 $36,614 $401,451 $34,134 $367,317
2019 $35,716 $382,407 $32,515 $349,892
2018 $19,270 $194,811 $30,631 $164,180
2017 $20,151 $195,921 $30,805 $165,116
2016 $19,385 $181,762 $28,579 $153,183
2015 -- $166,601 $26,195 $140,406
2014 -- $164,545 $25,872 $138,673
2013 -- $168,885 $26,554 $142,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09066122

Midwest Real Estate Data (MRED)

APN: 06-03-455-013