NOT LISTED FOR SALE

1416 N Hillside Ave Berkeley, IL 60163

Berkeley Area
-- Beds
-- Baths
-- Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: May 23, 2025

Last sale price $840,000

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
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,144

Year Built

  • Built in 1961

Lot Details

  • 14,720 Sq Ft 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

0.34 Acres

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

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

Listed on
May 23, 2025
Closed on
May 19, 2025
Sold by
Malik David
Bought by
Seller's Agent
Scott Reilly
Reilly Realty Group, Inc.
Buyer's Agent
Tim Sotis
RE/MAX All Pro
List Price
$840,000
Sold Price
$840,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Outstanding Balance
$788,356
Interest Rate
5.94%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Berkeley, IL

See All Agents

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
$840,000 Fidelity National Title
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
Open $976,000
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
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

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 $2,322 $134,239
2024 $2,267 $152,544
2023 $2,267 $134,400 $0 $0
2022 $1,770 $53,045 $0 $0
2021 $446 $51,500 $0 $0
2020 $442 $50,789 $0 $0
2019 $431 $49,648 $0 $0
2018 $405 $48,723 $0 $0
2017 $393 $47,721 $0 $0
2016 $385 $46,740 $0 $0
2015 $387 $46,416 $0 $0
2014 $388 $46,048 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12373973

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.