NOT LISTED FOR SALE

14446 S Torrence Ave Burnham, IL 60633

17 Beds
12 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold July 27, 2018

Last sale price $513,750

13 Days on Market

About This Home

As of July 2018

This property has 12 renovated apartments. A good mix of 2 bedroom and 1 bedrooms units. Ample parking. Building is fully occupied. Sister building across the street is also for sale. Excellent opportunity for investors. Great location, convenient to expressway, public transportation and shopping.

Last Agent to Sell the Property

Marius Kasniunas

Century 21 Circle License #475125622 Listed on: 05/07/2018

Century 21 Circle

Last Buyer's Agent

Henry Torn

ListWithFreedom.com License #471018202

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 8,276

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $4,366
  • Insurance Expense $2,000

Listing and Financial Details

  • Tenant pays for electric
  • $8,750 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 72296
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1000
  • Scavenger Expense: 1320
  • Total Annual Exp: 39148
  • Total Annual Income: 111444
  • Total Monthly Income: 9287
  • Number of Ranges: 12
  • Number Of Refrigs: 12
  • Number Of Window A C: 12
  • Number Of Stories: 3
  • Estimated Year Built: 1965
  • Type Multi Family: Corridor-Interior Entrance, Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1965

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.19
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Central Bldg Heat, Radiant
  • Water Expense: 2709

Condo/Co-op/Association

  • Units in Building: 12
  • Assessment Includes: Heat, Water, Parking

Fee Information

  • Electricity Expense: 1013
  • Janitor Expense: 250

Lot Info

  • Lot Dimensions: 75 X 110
  • Land Amenities: Sidewalks
  • Parcel Identification Number: 29014130400000

Rental Info

  • Gross Rental Income: 111444
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 4366
  • Gross Rent Multiplier: 5
  • Insurance Expense: 2000
  • Other Expenses: 500

Tax Info

  • Taxes: 27990
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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
07/27/2018 07/27/18 Sold $513,750 -2.1% --
05/20/2018 05/20/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $525,000 -- --
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 $32,981 $54,045 $4,050 $49,995
2024 $32,981 $54,045 $4,050 $49,995
2023 $45,677 $54,045 $4,050 $49,995
2022 $45,677 $59,165 $6,300 $52,865
2021 $42,715 $59,164 $6,300 $52,864
2020 $39,278 $59,164 $6,300 $52,864
2019 $27,012 $38,184 $5,850 $32,334
2018 $26,110 $38,184 $5,850 $32,334
2017 $24,980 $38,184 $5,850 $32,334
2016 $27,893 $44,667 $5,400 $39,267
2015 $18,895 $31,866 $5,400 $26,466
2014 $16,382 $28,843 $5,400 $23,443
2013 $15,779 $30,028 $5,400 $24,628
Source: Public Records

Agents Affiliated with this Home

  • Marius Kasniunas

    Seller's Agent in 2018

    Marius Kasniunas

    Century 21 Circle

    (708) 966-9077

    55 Total Sales

    Marius Kasniunas
    Section Image
  • Henry Torn

    Buyer's Agent in 2018

    Henry Torn

    ListWithFreedom.com

    (847) 254-8894

    470 Total Sales

    Henry Torn
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09942720

Midwest Real Estate Data (MRED)
Illinois Cook County Burnham 60633

14446 S Torrence Ave, Burnham, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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