NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
8,052 Sq Ft Lot

Last Sold March 15, 2022

Last sale price $775,000

7 Days on Market

Highlights

  • Central Heating and Cooling System
  • Plum Grove Jr High School Rated A-
  • 4-minute walk to Hawthorne Park

About This Home

As of March 2022

COMPLETELY REMODELED Worry-free Investment Opportunity!!! WALKING distance to downtown Palatine and train station LOCATED IN FREMD High School District! Each unit has it's own Washer/Dryer. Each unit has a separate gas and electric meters. Each unit also has central air, except for the studio. Brand new kitchens and bathrooms in all units (2019), includes new appliances (2019) granite countertops (2019), cabinets and new floors - tiles/carpets (2019)

Last Agent to Sell the Property

Patryk Krasowski

Baird & Warner License #475183846 Listed on: 12/29/2021

Baird & Warner

Last Buyer's Agent

Patrick Duffy

Strauss Realty Ltd License #475140988

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,861

Year Built

  • Built in 1958

Lot Details

  • 8,052 Sq Ft Lot
  • Lot Dimensions are 132x61

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $1,320
  • Trash Expense $1,056
  • Water Sewer Expense $1,200
  • Operating Expense $21,751
  • Gross Income $76,800
  • Net Operating Income $55,044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,861

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1958
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: New Rehab
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Possible Use: Multi-Family
  • Basement Description: Partially Finished
  • Fire Protection: Alarm On Site,Fire Extinguisher/s,Hydrants On Site
  • Fireplaces: 6
  • Dishwashers: 5
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 6
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 799999
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Separate Meters
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Central Heat/Indiv Controls

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1056
  • Water Sewer Expenses: 1200
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 132X61
  • Lot Size Sq Ft: 8052
  • Zoning: MULTI
  • Alternate Phone Number: (773) 499-6303

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Hot Water
  • Board Number: 10

Multi Family

  • Net Operating Income: 55044
  • Insurance Expense: 1320
  • ElectricExpense: 600
  • GrossIncome: 76800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 21751
  • Expense Year: 2019
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 14861.4
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2022 03/15/22 Sold $775,000 -3.1% --
01/06/2022 01/06/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $799,999 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11295334

Midwest Real Estate Data (MRED)