Estimated payment $8,039/month
Highlights
- Laundry Room
- Zoned Heating System
- Baseboard Heating
- Storage Room
About This Home
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.
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2025 05/24/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | For Sale | $1,110,000 | -- | $148 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $321,000 | Commercial | |
| Previous Owner | $415,000 | Commercial | |
| Previous Owner | $467,500 | Commercial | |
| Previous Owner | $390,000 | Commercial | |
| Previous Owner | $288,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12374197
APN: 06-10-251-019
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