NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
1955 Built

Sale Details

Date Sold: March 28, 2024

Last sale price $790,000

3 Days on Market

Highlights

  • Deck
  • Lower Floor Utility Room
  • Balcony
  • Glenbard East High School Rated A-
  • Workshop
  • 4 Car Detached Garage

About This Home

As of March 2024

ARE YOU LOOKING FOR A CASH COW IN AN A+ AREA? $7,240/MONTH IN PROJECTED RENTAL INCOME! THIS IS ONE OF THE NICEST BUILDINGS IN LOMBARD AND JUST STEPS FROM DOWNTOWN, TRAIN & PRAIRIE PATH! A FAMILY OWNED BUILDING THAT'S BEEN METICULOUSLY MAINTAINED! BRAND NEW ROOF ON BUILDING & GARAGE, SOFIT, FACIA, GUTTERS, NEW COMPOSITE DECK & STAIRS ON THE BACK OF BUILDING, 3 OUT OF THE 4 UNITS HAVE BEEN REHABBED. THE SELLER HAS KEPT UP WITH ALL MAJOR MAINTENANCE ITEMS AND SPENT A LOT OF MONEY KEEPING THE BUILDING IN PRISTINE CONDITION. **TENANTS PAY ELECTRIC AND LANDLORD PAYS THE OTHER UTILITIES WHICH ARE ALL VERY LOW!** ARE YOU READY TO OWN AN ARM CHAIR INVESTMENT?? LOTS OF PARKING AND 4 CAR GARAGE. THERE'S ALSO MORE INCOME OPPORTUNITIES THAT CAN BE ADDED WITH COIN LAUNDRY AND ADDITIONAL PARKING INCOME. COME SEE IT ASAP BEFORE IT'S GONE! **SEE AGENT REMARKS FOR MORE INFO**

Last Agent to Sell the Property

Matt Pittman

Keller Williams Premiere Properties License #475141411 Listed on: 03/08/2024

Keller Williams Premiere Properties

Last Buyer's Agent

Hunza Anwar

Charles Rutenberg Realty of IL License #475134474

Charles Rutenberg Realty of IL
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,547

Year Built

  • Built in 1955 | Remodeled in 2018

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Workshop
  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage

Lot Details

  • Lot Dimensions are 90x140
  • Paved or Partially Paved Lot

Schools

  • Madison Elementary School
  • Glenn Westlake Middle School
  • Glenbard East High School

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $2,824
  • Trash Expense $396
  • Water Sewer Expense $2,721
  • Gross Income $73,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,547

Year Built

Built in 1955 | Remodeled in 2018

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Utility Room-Lower Level, Workshop
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Storage
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 396
  • Water Sewer Expenses: 2721

Schools

  • Elementary School: Madison Elementary School
  • High School: Glenbard East High School
  • Middle/Junior School: Glenn Westlake Middle School

Lot Info

  • Lot Dimensions: 90X140
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Fuel Expense: 2824
  • GrossIncome: 73080
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 11547.42
  • Tax Year: 2022
  • Tax Exemptions: None

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
Mar 8, 2024
Closed on
Mar 22, 2024
Sold by
Bought by
Seller's Agent
Matt Pittman
Keller Williams Premiere Properties
Buyer's Agent
Hunza Anwar
Charles Rutenberg Realty of IL
List Price
$729,900
Sold Price
$790,000
Premium/Discount to List
$60,100
8.23%
Views
49

Purchase Details

Closed on
Feb 21, 2013
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Lombard, IL

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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
$790,000 None Listed On Document
-- None Available
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
03/28/2024 03/28/24 Sold $790,000 +8.2% --
03/12/2024 03/12/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $729,900 -- --
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
2024 $14,533 $187,050 $40,877 $146,173
2023 $13,909 $172,970 $37,800 $135,170
2022 $11,547 $144,710 $36,840 $107,870
2021 $11,204 $141,110 $35,920 $105,190
2020 $10,983 $138,010 $35,130 $102,880
2019 $10,468 $131,210 $33,400 $97,810
2018 $10,309 $124,210 $31,620 $92,590
2017 $10,053 $118,360 $30,130 $88,230
2016 $9,821 $111,500 $28,380 $83,120
2015 $9,332 $103,880 $26,440 $77,440
2014 $9,277 $100,260 $25,520 $74,740
2013 $7,833 $87,280 $22,260 $65,020
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11996668

Midwest Real Estate Data (MRED)
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