NOT LISTED FOR SALE
5 Beds
6 Baths
3,600 Sq Ft
6,250 Sq Ft Lot

Sale Details

Date Sold: July 1, 2021

Last sale price $605,000 $168 Per Sq Ft

9 Days on Market

About This Home

As of July 2021

Clean, well-kept yellow-brick six-flat in downtown Des Plaines featuring 5 large 1 bedroom/1bath, and 1 studio apartment. All units in great condition and show well. Complete tear off shingled roof in 2011. Majority of the windows have been replaced, also updated appliances over time. Room for seven off-street parking spaces.

Last Agent to Sell the Property

Stephen Cioromski

Troy Realty Ltd License #471022117 Listed on: 03/15/2021

Co-Listed By

Chris Pilafas

Troy Realty Ltd License #475133918

Last Buyer's Agent

Chris Pilafas

Troy Realty Ltd License #475133918

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,657

Year Built

  • Built in 1965

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Garden Apartment
  • Brick Exterior Construction
  • Composition Roof
  • Wood Joist

Interior Spaces

  • 3,600 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, varies by tenant

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $498
  • Fuel Expense $2,323
  • Insurance Expense $2,978
  • Trash Expense $1,325
  • Water Sewer Expense $1,678
  • Operating Expense $20,459
  • Gross Income $65,460
  • Net Operating Income $45,841

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,657

Year Built

Built in 1965

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Garden Complex
  • Stories: 3
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Drive-In Doors: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Wood Joists

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Gas,Radiators
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 1325
  • Water Sewer Expenses: 1678

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Lot Size Sq Ft: 6250
  • Zoning: MULTI
  • Alternate Phone Number: (773) 792-3000

Rental Info

  • Tenant Pays: Electricity, Varies by Tenant
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 3600

Multi Family

  • Net Operating Income: 45841
  • Fuel Expense: 2323
  • Insurance Expense: 2978
  • ElectricExpense: 498
  • GrossIncome: 65460
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20459
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 11657
  • Tax Year: 2019

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 15, 2021
Closed on
Jun 22, 2021
Sold by
Bought by
Seller's Agent
Stephen Cioromski
Troy Realty Ltd
Buyer's Agent
Chris Pilafas
Troy Realty Ltd
List Price
$649,000
Sold Price
$605,000
Premium/Discount to List
-$44,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
0.03%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jun 15, 2021
Sold by
Bought by
Seller's Agent
Stephen Cioromski
Troy Realty Ltd
Buyer's Agent
Chris Pilafas
Troy Realty Ltd
List Price
$649,000
Sold Price
$605,000
Premium/Discount to List
-$44,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
0.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Interest Rate
0.055%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$605,000 Chicago Title
-- Chicago Title
-- None Available
-- None Available
$525,000 Multiple
$380,000 Multiple
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $390,000
Previous Owner $394,000
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
07/01/2021 07/01/21 Sold $605,000 -6.8% $168 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $649,000 -- $180 / Sq Ft
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
2025 $13,657 $71,960 $5,625 $66,335
2024 $13,657 $51,800 $5,000 $46,800
2023 $13,329 $51,800 $5,000 $46,800
2022 $13,329 $51,800 $5,000 $46,800
2021 $11,584 $37,684 $4,062 $33,622
2020 $11,388 $37,684 $4,062 $33,622
2019 $11,657 $43,316 $4,062 $39,254
2018 $10,247 $34,265 $3,593 $30,672
2017 $10,066 $34,265 $3,593 $30,672
2016 $9,522 $34,265 $3,593 $30,672
2015 $9,651 $31,925 $3,125 $28,800
2014 $9,448 $31,925 $3,125 $28,800
2013 $9,213 $31,925 $3,125 $28,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11021679

Midwest Real Estate Data (MRED)
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