NOT LISTED FOR SALE

1282 E Washington St Des Plaines, IL 60016

7 Beds
4 Baths
-- Sq Ft
1964 Built

Sale Details

Date Sold: December 19, 2017

Last sale price $458,000

34 Days on Market

Highlights

  • 2 Car Attached Garage
  • Baseboard Heating
  • Heated Garage
  • Maine West High School Rated A-
  • Paved or Partially Paved Lot
  • 2-minute walk to Menominee Park

About This Home

As of December 2017

WELL MAINTAINED LEGAL 4 FLAT IN VERY DESIRABLE DOWNTOWN LOCATION. WALKING DISTANCE TO METRA, SHOPPING & RESTAURANTS. RED-BRICK 2 STORY WITH FULL BASEMENT, PLUS ADJOINED 1 STORY IN FRONT, WITH A BASEMENT AS WELL. 2 CAR GARAGE UNDER THE BACK OF THE BUILDING + 4 PARKING SPACES. NEW WINDOWS (IN 2010). TOTALLY REHABBED APT# 1, IN 2017. EXPENSES: GAS $3,070, ELECTRIC $333, INSURANCE $1,500, WATER $ 2,000, SCAVENGER $ 1,200. ENJOY THIS ARM CHAIR INVESTMENT!

Last Agent to Sell the Property

Teresa Adameic

HomeSmart Connect LLC License #471014380 Listed on: 08/31/2017

HomeSmart Connect LLC

Last Buyer's Agent

Regina Mateja

HomeSmart Connect LLC License #475173279

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,122

Year Built

  • Built in 1964

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Lot Details

  • Lot Dimensions are 46 x 126
  • Paved or Partially Paved Lot

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $46,800
  • Net Operating Income $28,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,122

Year Built

Built in 1964

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Sump Pump
  • Basement Description: Partially Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 18225

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 46 X 126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 28575
  • GrossIncome: 46800
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10122
  • Tax Year: 2015
  • 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
Aug 31, 2017
Closed on
Dec 12, 2017
Sold by
Bought by
Seller's Agent
Teresa Adameic
HomeSmart Connect LLC
Buyer's Agent
Regina Mateja
HomeSmart Connect LLC
List Price
$499,900
Sold Price
$458,000
Premium/Discount to List
-$41,900
-8.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1998
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
$227,000
Interest Rate
0.0676%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$458,000 Attorneys Title Guaranty Fun
$284,000 --
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
Closed $343,500
Closed $227,000
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
12/19/2017 12/19/17 Sold $458,000 -8.4% --
10/04/2017 10/04/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $499,900 -- --
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
2025 $10,891 $61,000 $5,400 $55,600
2024 $10,891 $41,309 $4,800 $36,509
2023 $12,351 $41,309 $4,800 $36,509
2022 $12,351 $48,000 $4,800 $43,200
2021 $9,167 $29,821 $3,900 $25,921
2020 $10,014 $33,136 $3,900 $29,236
2019 $10,510 $39,054 $3,900 $35,154
2018 $10,763 $35,989 $3,450 $32,539
2017 $10,573 $35,989 $3,450 $32,539
2016 $10,001 $35,989 $3,450 $32,539
2015 $10,122 $33,483 $3,000 $30,483
2014 $9,909 $33,483 $3,000 $30,483
2013 $9,662 $33,483 $3,000 $30,483
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09737715

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.