$840,000
SOLD MAY 23, 2025

1416 N Hillside Ave Berkeley, IL 60163

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Recently Sold

0 Day on Market

About This Home

As of May 2025

Great Income 10 unit apartment building! Located with convenient access to surface streets and highways, this building is in a perfect location for suburban renters. The building boasts 10 units with great floor plans, with each containing one bedroom, full kitchen, plenty of storage. Strong bones including an all concrete structure with unique hydronic floor heat and enough parking to accommodate renters. Potential annual rental income of $120,000!

Last Agent to Sell the Property

Scott Reilly

Reilly Realty Group, Inc. License #471003291 Listed on: 05/23/2025

Last Buyer's Agent

Tim Sotis

RE/MAX All Pro License #471008033

RE/MAX All Pro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,144

Year Built

  • Built in 1961

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 200 x 73.6

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • 100 Amp Service

Community Details

  • 10 Units
  • Gross Income $86,000

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,144

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1961
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 10
  • Ranges: 10
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Heat/Ventilation: Radiant
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 200 X 73.6
  • Lot Size Sq Ft: 14720
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • GrossIncome: 86000
  • NumberOfUnitsTotal: 10
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 24143.7
  • Tax Year: 2022
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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
05/23/2025 05/23/25 Sold $840,000 0.0% --
05/23/2025 05/23/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $840,000 -- --
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
2025 $20,362 $54,954 $8,096 $46,858
2024 $20,362 $54,954 $8,096 $46,858
2023 $24,144 $54,954 $8,096 $46,858
2022 $24,144 $54,954 $8,832 $46,122
2021 $24,067 $54,954 $8,832 $46,122
2020 $19,680 $47,653 $8,832 $38,821
2019 $15,571 $36,737 $5,888 $30,849
2018 $15,265 $36,737 $5,888 $30,849
2017 $14,592 $36,737 $5,888 $30,849
2016 $15,978 $39,472 $5,152 $34,320
2015 $15,931 $39,472 $5,152 $34,320
2014 $15,642 $39,472 $5,152 $34,320
2013 $14,898 $40,690 $5,152 $35,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12373973

Midwest Real Estate Data (MRED)