NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,418,000

5 Beds
4 Baths
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: December 2, 2024

Last sale price $830,000

Est. 39% increase in value since last sale

Current estimated payment $7,680 / mo

18 Days on Market

Highlights

  • Farmhouse Style Home
  • 4-minute walk to Hinsdale Station
  • Workshop
  • The Lane Elementary School Rated A+
  • Lower Floor Utility Room
  • 4-minute walk to Burlington Park

About This Home

As of December 2024

FANTASTIC OPPORTUNITY FOR ALL INVESTORS. THIS IS A RARE GRANDFATHERED HINSDALE FOUR (4) FLAT ON A 12000SF LOT. SHORT WALK TO THE TRAIN, THE BUILDING REQUIRES LITTLE EFFORT TO MAINTAIN AND IS ALWAYS FULLY OCCUPIED; IT GENERATES RENT OF 6,900 MONTHLY. THE BASEMENT HAS MULTIPLE STORAGE ROOMS FOR TENANT USE, AND IT COMES WITH A THREE (3) CAR STORAGE GARAGE. RENTS ARE CURRENTLY BELOW MARKET, AND LAUNDRY CAN BE CONVERTED TO COIN-OPERATED FOR ADDITIONAL REVENUE. BEING SOLD AS IS. (PROPERTY ALSO BEING SOLD UNDER LAND). The owner is a Licensed Real Estate Broker.

Last Agent to Sell the Property

Mario Cirignani

Coldwell Banker Realty License #475112480 Listed on: 09/30/2024

Coldwell Banker Realty

Last Buyer's Agent

Zachary Kraus

Charles Rutenberg Realty of IL License #475190248

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,197

Year Built

  • Built in 1940 | Remodeled in 2016

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 72 x 175

Parking

  • 3 Car Detached Garage
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Asphalt Roof

Interior Spaces

  • Workshop
  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms
  • No Tub in Bathroom

Schools

  • The Lane Elementary School
  • Hinsdale Middle School
  • Hinsdale Central High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $3,015
  • Fuel Expense $3,160
  • Insurance Expense $3,581
  • Trash Expense $2,927
  • Water Sewer Expense $1,913
  • Gross Income $82,800
  • Net Operating Income $45,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,197

Year Built

Built in 1940 | Remodeled in 2016

Lot Details

0.28 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: Multiple Water Heaters
  • Room Type: Utility Room-Lower Level, Workshop
  • Basement Description: Unfinished
  • Bathroom Amenities: No Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Disposal,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Disposal,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Disposal,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Microwave,Disposal,Window Air Conditioner

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Electric, Baseboard, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: Y

Fee Information

  • Trash Expense: 2927
  • Water Sewer Expenses: 1913
  • Other Expenses $: 6161
  • Trash Expense Year: 2023

Schools

  • Elementary School: The Lane Elementary School
  • High School: Hinsdale Central High School
  • Middle/Junior School: Hinsdale Middle School
  • Junior High/Middle School #2: HINSDALE MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 72 X 175
  • Zoning: LNC
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: None

Multi Family

  • Net Operating Income: 45846
  • Fuel Expense: 3160
  • Insurance Expense: 3581
  • ElectricExpense: 3015
  • GrossIncome: 82800
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 16197
  • Tax Year: 2023
  • 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

Closed on
May 28, 2025
Sold by
Bought by
Current Estimated Value
$1,156,804

Purchase Details

Listed on
Sep 30, 2024
Closed on
Jan 13, 2025
Sold by
Bought by
Seller's Agent
Mario Cirignani
Coldwell Banker Realty
Buyer's Agent
Zachary Kraus
Charles Rutenberg Realty of IL
List Price
$899,000
Sold Price
$830,000
Premium/Discount to List
-$69,000
-7.68%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.98%
Original Mortgage
$498,000
Interest Rate
0.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2024
Closed on
Nov 27, 2024
Sold by
Bought by
Seller's Agent
Mario Cirignani
Coldwell Banker Realty
Buyer's Agent
Zachary Kraus
Charles Rutenberg Realty of IL
List Price
$899,000
Sold Price
$830,000
Premium/Discount to List
-$69,000
-7.68%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
0.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2006
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
$1,200,000
Interest Rate
0.0775%
Mortgage Type
Purchase Money Mortgage
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
-- None Listed On Document
-- None Listed On Document
$830,000 First American Title
$750,000 Ctic
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 $498,000
Closed $410,000
Closed $468,000
Closed $1,200,000
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
12/02/2024 12/02/24 Sold $830,000 -7.7% --
10/18/2024 10/18/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $899,000 -- --
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
2024 $17,178 $331,354 $126,054 $205,300
2023 $16,360 $304,610 $115,880 $188,730
2022 $16,197 $308,940 $117,530 $191,410
2021 $15,610 $305,420 $116,190 $189,230
2020 $15,261 $299,370 $113,890 $185,480
2019 $15,281 $287,250 $109,280 $177,970
2018 $11,990 $233,640 $108,690 $124,950
2017 $11,564 $224,830 $104,590 $120,240
2016 $11,352 $214,570 $99,820 $114,750
2015 $12,681 $226,240 $98,880 $127,360
2014 $12,638 $217,540 $96,140 $121,400
2013 $12,392 $216,520 $95,690 $120,830
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12042872

Midwest Real Estate Data (MRED)

APN: 09-01-418-009

Your Personal Tour Guide

Ask me questions while you tour the home.