NOT LISTED FOR SALE
11 Beds
6 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold August 20, 2024

Last sale price $957,000

7 Days on Market

About This Home

As of August 2024

Check out this rarely available multifamily investment opportunity in the Pickwick Apartments! NEW hot water heater in 2021, NEW boiler in 2022, and NEW roof in May 2024. All units are above grade and have patios or balconies. 4 of 6 sliding doors have been replaced. Association (HOA) is $350/month and covers landscaping, parking, trash removal, and snow removal.

Last Agent to Sell the Property

Madison Mueller

Horvath & Tremblay IL, LLC License #475205071 Listed on: 06/10/2024

Last Buyer's Agent

Oleg Komarnytskyy

KOMAR License #471021311

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,200

Year Built

  • Built in 1979

Lot Details

  • 2,178

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • 2,178 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $638
  • Fuel Expense $3,408
  • Insurance Expense $2,108
  • Maintenance Expense $1,500
  • Other Expense $4,860
  • Water Sewer Expense $4,350
  • Operating Expense $35,064
  • Gross Income $93,000
  • Net Operating Income $54,426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,200

Year Built

Built in 1979

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1979
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required,List Broker Must Accompany,Show-Call Listing Office
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Fireplaces: 1
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Central Bldg Heat,Gas
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Owners Association (Y/N): Yes

Fee Information

  • Water Sewer Expenses: 4350
  • Operating Expense Includes: Association,Equipment Rental

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: 2232 SF
  • Zoning: PUD

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 54426
  • Fuel Expense: 3408
  • Insurance Expense: 2108
  • ElectricExpense: 638
  • GrossIncome: 93000
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 35064
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 18199.7
  • Tax Year: 2022
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2024 08/20/24 Sold $957,000 +4.6% --
06/18/2024 06/18/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $915,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $18,768 $94,000 $1,897 $92,103
2024 $18,768 $67,000 $1,562 $65,438
2023 $18,200 $67,000 $1,562 $65,438
2022 $18,200 $67,000 $1,562 $65,438
2021 $14,717 $48,557 $1,060 $47,497
2020 $14,464 $48,557 $1,060 $47,497
2019 $14,960 $55,813 $1,060 $54,753
2018 $16,657 $55,503 $948 $54,555
2017 $16,395 $55,503 $948 $54,555
2016 $15,331 $55,503 $948 $54,555
2015 $13,982 $46,736 $837 $45,899
2014 $13,829 $46,736 $837 $45,899
2013 $13,474 $46,736 $837 $45,899
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12080183

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.