NOT LISTED FOR SALE

1283 Winans Ave Bourbonnais, IL 60914

12 Beds
8 Baths
9,184 Sq Ft
30,056 Sq Ft

Last Sold August 30, 2021

Last sale price $705,000 $77 Per Sq Ft

58 Days on Market

Highlights

  • 0.69 Acre Lot
  • Handicap Accessible
  • Baseboard Heating
  • Property is near public transit
  • Central Air

About This Home

As of August 2021

BEAUTIFULLY UPDATED & well-maintained 8 unit in desirable Northfield Meadows! Quality laminate flooring; granite counters; SS appliances. Fully rented. Tenants pay all utilities except scavenger. Individual electric meters, central air & baseboard heat. *Handicap accessible.* Ample parking. Excellent commuter location + near shops, restaurants & entertainment. An OUTSTANDING business opportunity - come and see!

Last Agent to Sell the Property

Susan Fisher

Coldwell Banker Realty License #475133610 Listed on: 05/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Norman Gaskin

Berkshire Hathaway HomeServices Speckman Realty License #475189326

Berkshire Hathaway HomeServices Speckman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,533

Year Built

  • Built in 2012

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 154.50x162.91x208.08x33.32x161.82

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 9,184 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Air
  • Baseboard Heating
  • 100 Amp Service

Additional Features

  • Handicap Accessible
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, sewer

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $3,041
  • Maintenance Expense $1,743
  • Other Expense $376
  • Trash Expense $1,320
  • Operating Expense $28,030
  • Gross Income $82,200
  • Net Operating Income $54,170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,533

Year Built

Built in 2012

Lot Details

0.69 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 2012
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required,No Sign on Property
  • Estimated Age: 7-15 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Fire Protection: Smoke or Fire Protectors
  • Misc Inside: Handicapped Access
  • Drive-In Doors: 8
  • Dishwashers: 8
  • Refrigerators: 8
  • Ranges: 8
  • Room: 0

Exterior Features

  • Construction Materials: Concrete, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Public Road
  • Roof: Composition
  • Exterior Building Type: Aluminum Siding,Brick
  • Roof Structure: Pitched
  • Misc Outside: Balcony/ies,Handicapped Access,Patio

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Central Individual
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Heat/Ventilation: Electric,Baseboard

Condo/Co-op/Association

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

Fee Information

  • Trash Expense: 1320
  • Operating Expense Includes: Insurance,Maintenance,Snow Removal,Supplies,Trash,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.69
  • Lot Dimensions: 154.50X162.91X208.08X33.32X161.82
  • Lot Size Sq Ft: 30136
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks,Cable Ready

Rental Info

  • Tenant Pays: Electricity, Sewer
  • Board Number: 21
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 9184
  • Building Unit Info: Fire Alarm,Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 54170
  • Insurance Expense: 3041
  • GrossIncome: 82200
  • Maintenance Expense: 1743
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 28030
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 20533
  • Tax Year: 2020
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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
08/30/2021 08/30/21 Sold $705,000 -6.0% $77 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/28/2021 06/28/21 For Sale -- -- --
06/27/2021 06/27/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $750,000 -- $82 / Sq Ft
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
2024 $22,069 $253,374 $32,670 $220,704
2023 $21,100 $233,310 $32,670 $200,640
2022 $20,748 $219,978 $32,670 $187,308
2021 $20,923 $219,978 $32,670 $187,308
2020 $20,533 $219,978 $32,670 $187,308
2019 $21,550 $219,978 $32,670 $187,308
2018 $21,510 $219,978 $32,670 $187,308
2017 $22,030 $219,978 $32,670 $187,308
2016 $21,910 $219,978 $32,670 $187,308
2015 $21,998 $219,978 $32,670 $187,308
2014 $21,415 $219,978 $32,670 $187,308
2013 -- $219,978 $32,670 $187,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11072951

Midwest Real Estate Data (MRED)

APN: 17-09-16-407-033

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