NOT LISTED FOR SALE

115 N Myrtle Ave Elmhurst, IL 60126

7 Beds
6 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $601,000

6 Days on Market

About This Home

As of October 2020

Rarely available MULTI - FAMILY building with walk to town and train location. Brick 6 uint building has several long time tenants paying below market rents. 62.5 WIDE PARCEL IS ZONED R-4 and may be perfect for a Multiple Townhouse Project. Or can be purchased with adjoining 3 unit building at 119 Myrtle ( see seperate listing), creating a solid 9 unit portfolio of investments . Interior Photos are of Unit 1 R.

Last Listed By

Larry Reedy

L.W. Reedy Real Estate License #471004409 Listed on: 09/08/2020

L.W. Reedy Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1924

Lot Details

  • 9,148

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $1,818
  • Insurance Expense $1,564

Property Details

Home Type

Multi-Family

Year Built

1924

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Net Oper Income: 41796
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 3283
  • Total Annual Exp: 21204
  • Total Annual Income: 63000
  • Total Monthly Income: 5250
  • Number Of Stories: 3
  • Estimated Year Built: 1924
  • Type Multi Family: Rooming House/SRO
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1924

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.21

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 9

Utilities

  • Heatventilation: Forced Air, Gas
  • Water Expense: 3849

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 2758

Lot Info

  • Lot Dimensions: 62.5 X 150
  • Lot Sq Ft: 9375
  • Parcel Identification Number: 0602216013

Rental Info

  • Gross Rental Income: 63000

Multi Family

  • Fuel Expense: 1818
  • Gross Rent Multiplier: 8
  • Insurance Expense: 1564

Tax Info

  • Taxes: 7932.00

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $601,000 +9.3% --
09/14/2020 09/14/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $550,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Larry Reedy

    Seller's Agent in 2020

    Larry Reedy

    L.W. Reedy Real Estate

    (630) 334-4415

    72 in this area

    93 Total Sales

    Larry Reedy
    Section Image
  • Jack Disimone

    Seller Co-Listing Agent in 2020

    Jack Disimone

    L.W. Reedy Real Estate

    (630) 251-8993

    17 in this area

    55 Total Sales

    Jack Disimone
    Section Image
  • Tim Schiller

    Buyer's Agent in 2020

    Tim Schiller

    @ Properties

    (630) 992-0582

    516 in this area

    1,017 Total Sales

    Tim Schiller
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10849969

Midwest Real Estate Data (MRED)

Illinois DuPage County Elmhurst 60126

115 N Myrtle Ave, Elmhurst, IL

Homes for Sale in Elmhurst, IL

This home is located at 115 N Myrtle Ave, Elmhurst, IL 60126 since 08 September 2020. This property was built in 1924. 115 N Myrtle Ave is a home located in DuPage County with nearby schools including Hawthorne Elementary School, Sandburg Middle School, and York Community High School.

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