NOT LISTED FOR SALE
9 Beds
6 Baths
5,067 Sq Ft
2,672 Sq Ft Lot

Last Sold August 18, 2023

Last sale price $790,000 $156 Per Sq Ft

5 Days on Market

Highlights

  • Skylights
  • Laundry Room
  • Baseboard Heating
  • Prospect High School Rated A+
  • Central Heating

About This Home

As of August 2023

Great Countyside Apts six flat for sale!!! Original Owner - Built in 1977 - Brick/Block Construction and well maintained 6 unit building. No pets and no smoking in the units. Great long term tenants. Well managed complex by Owners Association. Extremely clean ** Walk to ponds, RecPlex park facililty & Kopp Park ** True Turn Key Operation! 3-2BR's & 3-1BR's ** Always rented. All units have updated kitchens & baths ** Sunny apartments -- large windows and patio doors** New tear off roof (2020) by Commercial licensed roofer Peterson Roofing w/ 10 year labor and material warranty ** Soffit/fascia repaired/replaced (2021) ** Newer Peerless boiler (2011) Single Zone easy maintenance with purge station ** Circuit Breaker Panels with Copper wiring throughout** New coin operated laundry machine (2019) Coin-op laundry (owned) ** Most windows and sliding doors changed out to new thermal pane ** Firewall Masonry Block construction between buildings from foundation to roof ** All copper water supply plumbing - PVC for waste ** All appliances excellent working condition ** Landlord owns all wall A/C units - total of 12 units ** Entire complex parking lot re-paved & re-striped - 6 dedicated pkg spaces for tenants in front of building & addtl guest parking ** No special assessments for parking lot (pd in full) ** ** ** Assoc fee ($275/mo) covers lawn, snow, scavenger, parking lot & insurance ** Great location close to shopping, restaurants -- mins to I-90 **

Last Agent to Sell the Property

Mike Levin

@properties Commercial License #475123263 Listed on: 07/25/2023

@properties Commercial

Last Buyer's Agent

Mungunzul Tumurbaatar

Worth Clark Realty License #475204348

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,345

Year Built

  • Built in 1977

Lot Details

  • 2,672 Sq Ft Lot
  • Lot Dimensions are 48x53

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,067 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include parking, insurance, lawn care, scavenger, snow removal
  • 6 Units

Building Details

  • Electric Expense $257
  • Fuel Expense $3,671
  • Insurance Expense $2,350
  • Other Expense $3,300
  • Water Sewer Expense $3,423
  • Operating Expense $28,719
  • Gross Income $81,660
  • Net Operating Income $54,381

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,345

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1977
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Possible Use: Multi-Family
  • Basement Description: None
  • Fire Protection: Fire Extinguisher/s,Hydrants On Site,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Misc Inside: Inside Corridor/s,Skylight/s,Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 12
  • Number of Washers: 1
  • Room: 3
  • Room: 3
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 785000
  • Roof: Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Balcony/ies,Courtyard,Enclosed Stairs,Patio,Security Lighting,Security System,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Municipal, Water to Site, Cable Available
  • Heat/Ventilation: Central Bldg Heat,Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N
  • Owners Association (Y/N): Yes

Fee Information

  • Association Fee Includes: Parking, Insurance, Lawn Care, Scavenger, Snow Removal
  • Water Sewer Expenses: 3423
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 48X53
  • Lot Size Sq Ft: 2672
  • Zoning: MULTI
  • Alternate Phone Number: (847) 977-5389

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 5067
  • Building Unit Info: Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 54381
  • Fuel Expense: 3671
  • Insurance Expense: 2350
  • ElectricExpense: 257
  • GrossIncome: 81660
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 28719
  • Expense Year: 2022
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 15345
  • Tax Year: 2022

Range of Values:

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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 Change Sq Ft Price
08/18/2023 08/18/23 Sold $790,000 0.0% $156 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/27/2023 07/27/23 Off Market $790,000 -- --
07/25/2023 07/25/23 For Sale $785,000 -- $155 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11842430

Midwest Real Estate Data (MRED)