$1,100,900
SOLD JUN 6, 2025
-- Bed
-- Bath
7,500 Sq Ft
1969 Built

Recently Sold

$147 Per Sq Ft

1% Below List Price

1 Day on Market

Highlights

  • Laundry Room
  • Zoned Heating System
  • Baseboard Heating
  • Storage Room

About This Home

As of June 2025

LONG TERM OWNER SAYS -- IT'S TIME. Excellent and rare Investment Opportunity! Large 9 unit; All large 1 bedroom units with eating nook and private parking. Laundry on site -- current owner has washing machine with $2.00 to wash and $1.00 to dry - another source of revenue. Several tenants below market -- room for an additional rental increases. Quiet building with long term tenants and all mechanicals in tip top shape. No HOA - owner makes all decisions relative to building, grounds and tenants. SOLD DURING PROCESSING.

Last Agent to Sell the Property

Mary Hager-Swanson

Swanson Real Estate License #471003655 Listed on: 05/23/2025

Last Buyer's Agent

Leticia Lara

HomeSmart Connect LLC License #475143881

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,900

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 175 x125

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,500 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Exterior Basement Entry
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $1,000
  • Fuel Expense $3,000
  • Insurance Expense $5,100
  • Maintenance Expense $12,551
  • Trash Expense $1,251
  • Water Sewer Expense $4,200
  • Operating Expense $24,000
  • Gross Income $124,200
  • Net Operating Income $78,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,900

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1969
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Special Instructions,No Sign on Property
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Possible Use: Multi-Family
  • Fire Protection: Smoke or Fire Protectors
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 9
  • Ranges: 9
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Wood
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Roof Structure: Mansard,Wood Joists
  • Misc Outside: Balcony/ies,Patio,Security Lighting,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 13-18 Spaces,Common Parking,Lighted,Paved,Private Lot

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Separate Meters, Service - 0 to 100 Amps
  • Utilities: Sewer Connected
  • Water Source: Municipal Water
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas,Hot Water,Baseboard,Zoned
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 1251
  • Water Sewer Expenses: 4200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 175 X125
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks,Cable Ready

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 5

Building Info

  • BuildingAreaTotal: 7500

Multi Family

  • Net Operating Income: 78100
  • Fuel Expense: 3000
  • Insurance Expense: 5100
  • ElectricExpense: 1000
  • GrossIncome: 124200
  • Maintenance Expense: 12551
  • NumberOfUnitsTotal: 9
  • OperatingExpense: 24000
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 21900
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
May 23, 2025
Sold by
Mary 300 Llc
Bought by
Og Apartments Inc
Seller's Agent
Mary Hager-Swanson
Swanson Real Estate
Buyer's Agent
Leticia Lara
HomeSmart Connect LLC
List Price
$1,110,000
Sold Price
$1,100,900
Premium/Discount to List
-$9,100
-0.82%
Views
3
Current Estimated Value
$1,118,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,071
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Jun 9, 2021
Sold by
Hager Swanson Mary
Bought by
Mary 300 Llc

Purchase Details

Closed on
May 15, 2013
Sold by
Hager Swanson Mary and Kapiliathis Kristine
Bought by
Hager Swanson Mary

Purchase Details

Closed on
Mar 20, 2008
Sold by
Creative Assistance Development Inc
Bought by
Kapiliathis Kristine K and Hager Swanson Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2000
Sold by
First American Bank
Bought by
Creative Assistance Development Inc

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
8.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 1999
Sold by
Shepard Daniel C and Shepard Joan A
Bought by
First American Bank and Trust #1-99-107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 1998
Sold by
American National Bk&Tr Co Of Chicago
Bought by
Shepard Daniel C and Shepard Joan A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,109,500 Chicago Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Accommodation
Warranty Deed $535,000 Multiple
Deed $390,000 --
Warranty Deed $360,000 Chicago Title Insurance Co
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $415,000 Commercial
Previous Owner $390,000 Commercial
Previous Owner $288,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $1,100,900 -0.8% $147 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $1,110,000 -- $148 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $21,900 $273,647 $53,006 $220,641
2023 $21,074 $247,219 $47,887 $199,332
2022 $19,547 $225,421 $43,665 $181,756
2021 $18,803 $210,753 $40,824 $169,929
2020 $18,350 $201,196 $38,973 $162,223
2019 $17,900 $191,652 $37,124 $154,528
2018 $16,542 $167,314 $34,973 $132,341
2017 $17,307 $168,268 $35,172 $133,096
2016 $18,112 $169,827 $32,630 $137,197
2015 -- $155,661 $29,908 $125,753
2014 -- $153,739 $29,539 $124,200
2013 -- $157,794 $30,318 $127,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12374197

Midwest Real Estate Data (MRED)

APN: 06-10-251-019