$550,000
SOLD MAY 28, 2025

1240 E Washington St Des Plaines, IL 60016

6 Beds
3 Baths
-- Sq Ft
1922 Built

Recently Sold

7% Above List Price

8 Days on Market

Highlights

  • Property is near park
  • Baseboard Heating
  • 3-minute walk to Menominee Park
  • Maine West High School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of May 2025

Legal 3 flat with a R-4 zoning. 3 fully rented apartments w/ one apt having a stackable washer/dryer for their use. There is also a large attic about 700 sq Ft. that could be remodeled. There are 3 boilers to heat the apartments. 4 parking spaces in the back of building. Plus additional street parking. Convenient to the local schools and the new downtown restaurants and the Metra. Each unit comes with 2 window ACs. Roof and gutters replaced in 2023. New Hot water Heaters replaced in 2023. 2 of the hot water boiler pumps have been replaced on 2022/2024. All units are individually metered for gas and electrical Note: separate electric meter for building. Laundry room with a washer/dryer for the other 2 apts. Call listing agent to set up a showing. All apartments are occupied.

Last Agent to Sell the Property

Jan Goczkowski

Century 21 Langos & Christian License #475127473 Listed on: 03/24/2025

Century 21 Langos & Christian

Last Buyer's Agent

DJ O’Neill

Century 21 Langos & Christian License #475189034

Century 21 Langos & Christian

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,212

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 25 x 126
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • North Elementary School
  • Chippewa Middle School
  • Maine West High School

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • Property is near park

Community Details

Overview

  • 3 Units
  • Multi Family

Building Details

  • Insurance Expense $4,146
  • Trash Expense $1,320
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,212

Year Built

Built in 1922

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Construction Materials: Brick, Frame
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, On Site, Other
  • ParkingTotal: 4

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Trash Expense: 1320
  • Water Sewer Expenses: 1200

Schools

  • Elementary School: North Elementary School
  • High School: Maine West High School
  • Middle/Junior School: Chippewa Middle School
  • Junior High/Middle School #2: Iroquois Community School
  • Elementary School #2: Iroquois Community School

Lot Info

  • Lot Dimensions: 25 X 126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No

Multi Family

  • Insurance Expense: 4146
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11211.74
  • Tax Year: 2022
  • Tax Exemptions: None
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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 List to Sale Price per Sq Ft
05/28/2025 05/28/25 Sold $550,000 +7.0% --
04/01/2025 04/01/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $514,000 0.0% --
10/05/2024 10/05/24 For Rent $1,600 -- --
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 $5,606 $25,407 $2,813 $22,594
2024 $5,606 $21,262 $2,500 $18,762
2023 $5,471 $21,262 $2,500 $18,762
2022 $5,471 $21,262 $2,500 $18,762
2021 $3,746 $12,185 $2,031 $10,154
2020 $3,682 $12,185 $2,031 $10,154
2019 $3,769 $14,006 $2,031 $11,975
2018 $4,185 $13,993 $1,796 $12,197
2017 $4,111 $13,993 $1,796 $12,197
2016 $3,888 $13,993 $1,796 $12,197
2015 $3,474 $11,490 $1,562 $9,928
2014 $3,400 $11,490 $1,562 $9,928
2013 $3,316 $11,490 $1,562 $9,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12318221

Midwest Real Estate Data (MRED)
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