Seller's Agent in 2022
Gabriela Rozborska
Nex-Gen Real Estate & Property Managment Co.
(773) 808-9470
1 in this area
27 Total Sales
1515 N Silver Ln Palatine, IL 60074
Virginia Lake Neighborhood
11
Beds
6
Baths
--
Sq Ft
1982
Built
Highlights
- Water Views
- Palatine High School Rated A
- Heating Available
About This Home
As of January 2022Fully rented cash-flowing and refreshed 6-unit property looking for a new investor now. 5 2-bedroom units and 1 1-bedroom unit, all with balconies overlooking a pond, and additional income from shared coined laundry. Each unit has their own water heater and each tenant is responsible for their electricity. The units are all electric. Each unit comes with 2 unassigned parking spaces totaling 12 spaces. The property belongs to an association that takes care of landscaping and snow removal. Convenient location, close to 53, shops and stores. Professionally managed.
Last Agent to Sell the Property
Nex-Gen Real Estate & Property Managment Co. License #471020552 Listed on: 11/04/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,748
Year Built
- Built in 1982
Lot Details
- Lot Dimensions are 59x39
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Pitched Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Water Views
- Crawl Space
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- Association fees include parking, lawn care, scavenger, snow removal
- 6 Units
Building Details
- Electric Expense $744
- Insurance Expense $5,338
- Maintenance Expense $7,000
- Other Expense $3,120
- Water Sewer Expense $3,278
- Operating Expense $34,462
- Gross Income $80,940
- Net Operating Income $45,912
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
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2022 01/19/22 | Sold | $680,000 | 0.0% | -- |
| 01/14/2022 01/14/22 | For Sale | -- | -- | -- |
| 01/04/2022 01/04/22 | Off Market | $680,000 | -- | -- |
| 12/10/2021 12/10/21 | Pending | -- | -- | -- |
| 12/08/2021 12/08/21 | Pending | -- | -- | -- |
| 11/20/2021 11/20/21 | Off Market | $680,000 | -- | -- |
| 11/05/2021 11/05/21 | For Sale | $774,900 | +37.4% | -- |
| 07/25/2018 07/25/18 | Sold | $564,000 | -2.6% | -- |
| 05/24/2018 05/24/18 | Pending | -- | -- | -- |
| 05/14/2018 05/14/18 | For Sale | $579,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Gabriela Rozborska
-
Harinathbabu Annapragada
Buyer's Agent in 2022
Harinathbabu Annapragada
Kale Realty
(224) 717-1767
2 in this area
16 Total Sales
-
Richard Dawidiuk
R
Seller's Agent in 2018
Richard Dawidiuk
REMAX Legends
(773) 726-8400
26 Total Sales
-
K
Buyer's Agent in 2018
Kathy Nuzzo
The McDonald Group
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11263989
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