NOT LISTED FOR SALE
16 Beds
8 Baths
-- Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: May 22, 2018

Last sale price $535,000 $0 Per Sq Ft

19 Days on Market

About This Home

As of May 2018

Celtic Bank Corporation Real Estate Owned property. We have little information as this property was acquired via foreclosure- All data supplied was gathered from third party sources and seller will not guarantee the data inputs. This fully occupied 9-unit apartment building is conveniently located in Midlothian, IL. The market average suggests rent for this area at $850-$950, the current rent average for this building is $850 and could likely be raised. The apartment offers 6 units with 2 bedrooms/1 bathroom and the 3 remaining units are 1 bedroom/1 bathroom. All of this information is deemed reliable but not guaranteed.

Last Agent to Sell the Property

Mike Berg

Berg Properties License #475114838 Listed on: 01/24/2018

Last Buyer's Agent

Sid Malladi

ARNI Realty Incorporated License #475169499

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Lot Details

  • 0.27

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Listing and Financial Details

  • Tenant pays for heat

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

0.27 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Corporation
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 35298
  • Outdoor Parking: 6-12 Spaces
  • Roof Structure: Flat
  • Total Annual Exp: 55332
  • Total Annual Income: 35298
  • Total Monthly Income: 7950
  • Unincorporated: Yes
  • Number Of Stories: 3
  • Estimated Year Built: 1975
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1975

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.27
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 9

Utilities

  • Heatventilation: Electric, Baseboard

Condo/Co-op/Association

  • Units in Building: 9

Lot Info

  • Lot Dimensions: 11729
  • Parcel Identification Number: 28103160130000

Rental Info

  • Gross Rental Income: 95400
  • Tenant Pays: Heat

Tax Info

  • Taxes: 24000

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
Jan 24, 2018
Closed on
Mar 23, 2018
Sold by
Bought by
Seller's Agent
Mike Berg
Berg Properties
Buyer's Agent
Sid Malladi
ARNI Realty Incorporated
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
0.0446%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2017
Sold by
Bought by
Source: Public Records
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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
$535,000 First American Title
-- None Available
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 $428,000
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
05/22/2018 05/22/18 Sold $535,000 -2.7% --
02/12/2018 02/12/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $550,000 -- --
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 $20,691 $54,673 $4,158 $50,515
2024 $20,691 $54,673 $4,158 $50,515
2023 $27,308 $54,673 $4,158 $50,515
2022 $27,308 $58,124 $9,504 $48,620
2021 $26,254 $58,123 $9,504 $48,619
2020 $25,002 $58,123 $9,504 $48,619
2019 $24,924 $57,384 $8,910 $48,474
2018 $24,530 $57,384 $8,910 $48,474
2017 $23,642 $57,384 $8,910 $48,474
2016 $23,864 $55,623 $7,722 $47,901
2015 $22,351 $53,282 $7,722 $45,560
2014 $17,036 $41,847 $7,722 $34,125
2013 $22,043 $60,256 $7,722 $52,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09840466

Midwest Real Estate Data (MRED)
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