NOT LISTED FOR SALE

1283 Winans Ave Bourbonnais, IL 60914

12 Beds
8 Baths
9,184 Sq Ft
0.69 Acre Lot

Sale Details

Date 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

  • 30,136 Sq Ft 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

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
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

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 $22,069 $306,636 $32,670 $273,966
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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