NOT LISTED FOR SALE

Estimated Value: $686,353 - $722,000

6 Beds
3 Baths
4,384 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $580,000 $132 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,582/month

4 Days on Market

About This Home

As of December 2021

**HIGHEST & BEST OFFERS DUE 10/18 BY 5PM. Please allow 24 hrs for response** Great opportunity for an investor or owner occupant. Large 3 unit building with long-term tenants and below-market rents (room to improve to increase cash flow!). Each unit has separate utilities, the roof is less than 1-year-old, and nestled on a corner lot. Each apartment is a large 2 bedroom unit with spacious dining & living rooms. Units 1 & 2 have access to coin-op laundry on the 1st floor and the 3rd floor has washer/ dryer hookups. Detached 2-car garage and a short distance from Vernon Hills Playground, under 10 minutes to Polar Park and just 5 minutes from access to 290.

Last Listed By

James Black

Real Broker MA, LLC Listed on: 10/14/2021

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,910

Year Built

  • 1910

Lot Details

  • 5,663

Parking

  • 2

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,910

Year Built

1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Providence St to Ames St
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Has Basement: Full, Interior Entry, Unfinished
  • Total Bathrooms: 3
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 125.43
  • PRICE PER Sq Ft: 132.3
  • MAIN SO: NB3534
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Wood,Vinyl,Carpet,Varies Per Unit,Laminate
  • Interior Amenities: Storage, Unit 1 Rooms(Living Room,Dining Room,Kitchen,Mudroom,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Mudroom,Sunroom), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Mudroom,Sunroom)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: 2-Car Garage Is Currently Being Used For Storage.
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch, Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Electric Baseboard, Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Gas,Individual,Floor Furnace)
  • HEAT ZONES: 3
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Highway Access, Public School
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Annual Water Sewer Expense: 1438

Lot Info

  • LOT SIZE: 5568
  • PAGE: 395
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5662.8
  • Zoning: RG-5

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Electric Expense: 707
  • Annual Gross Income: 32700
  • Insurance Expense: 2295
  • Property Net Operating Income: 30555
  • Number Of Units Total: 3
  • Annual Operating Expense: 2145
  • Total Actual Rent: 2725

Tax Info

  • Tax Annual Amount: 5919
  • Tax Book Number: 23578
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Veeramachaneni Vasu and Tolia Kaplan
Bought by
Sai Realty Llc
Total Days on Market
4
Current Estimated Value
$707,588

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 3, 2021
Sold by
Rydlak Jack
Bought by
Verramachaneni Vasu and Tolia Kalpan
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
Ian Teng
Redfin Corp.
List Price
$549,900
Sold Price
$580,000
Premium/Discount to List
$30,100
5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$435,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2001
Sold by
Paszkiewicz Michael E
Bought by
Rydlak Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,062
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1988
Sold by
Prevoski Eleanor
Bought by
Paszkiewicz Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
10.19%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sai Realty Llc -- None Available
Verramachaneni Vasu $580,000 None Available
Rydlak Jack $130,750 --
Paszkiewicz Michael $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verramachaneni Vasu $435,000
Previous Owner Rydlak Jack $160,500
Previous Owner Rydlak Jack $50,000
Previous Owner Paszkiewicz Michael $220,000
Previous Owner Paszkiewicz Michael $98,062
Previous Owner Paszkiewicz Michael $128,700
Closed Paszkiewicz Michael $26,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $580,000 +5.5% $132 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $549,900 -- $125 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $7,910 $599,700 $86,000 $513,700
2024 $7,292 $530,300 $86,000 $444,300
2023 $6,988 $487,300 $74,800 $412,500
2022 $6,606 $434,300 $59,800 $374,500
2021 $5,919 $363,600 $47,900 $315,700
2020 $5,462 $321,300 $47,500 $273,800
2019 $4,680 $260,000 $41,500 $218,500
2018 $4,574 $241,900 $41,500 $200,400
2017 $4,290 $223,200 $41,500 $181,700
2016 $4,106 $199,200 $30,300 $168,900
2015 $3,998 $199,200 $30,300 $168,900
2014 $3,892 $199,200 $30,300 $168,900
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72908289

MLS Property Information Network (MLS PIN)

APN: WORC-000010-000008-000020