NOT LISTED FOR SALE

1520 S Mount Prospect Rd Des Plaines, IL 60018

8 Beds
5 Baths
-- Sq Ft
1965 Built

Last Sold May 17, 2019

Last sale price $429,500

29 Days on Market

Highlights

  • Maid or Guest Quarters
  • Forced Air Heating System
  • Multiple Water Heaters
  • Elk Grove High School Rated A
  • Ceiling Fan
  • Paved or Partially Paved Lot

About This Home

As of May 2019

CASH OFFERS ONLY***INVESTOR ALERT - MUST SEE: BRICK 3 UNITS W SEPARATE/CENTRAL AIR CONDITIONING/GAS FORCED HEAT +SEPARATE TANKLESS HOT WATER HEATERS & PARKING FOR 4+ CARS IN BACK & SIDE DRIVEWAY. ** GROSS RENTAL INCOME OF $43,080 +$2,000 OF COIN LAUNDRY INCOME = $45,080 PER YEAR. ROOM TO INCREASE RENTS MAKES THIS A WINNER. Garden Unit [JUST REHABBED] $1,100 per Month (Lease Exp: 3/2019) 1st Floor [17 YRS SAME TENANT] $1190 per Month (Lease is MTM) 2nd Floor $1300 per Month (Lease Exp: 4/2020) CONTEST TAXES TO FURTHER IMPROVE INVESTMENT RETURN - WON'T LAST LONG!! SOLD IN "AS IS" CONDITION. ****FANTASTIC LOCATION SANDWICHED BETWEEN EINSTEIN PARK, PRAIRIE LAKES PARK, MAJEWSKI METRO PARK & A 6 MINUTE WALK TO SHOPPING AT SAM'S CLUB. LESS THAN A MILE TO I-90, NEARBY TO I-290 & I-294 ACCESS, 6 MILES TO O'HARE AIRPORT, 7 MILES TO WOODFIELD MALL & 20 MILES TO DOWNTOWN.

Last Agent to Sell the Property

Christopher Waldbuesser

United Real Estate-Chicago License #475113487 Listed on: 02/26/2019

United Real Estate-Chicago

Last Buyer's Agent

Marek Holesz

Realtogy Co License #475174301

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,191

Year Built

  • Built in 1965 | Remodeled in 2018

Lot Details

  • Lot Dimensions are 48x100
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • Maid or Guest Quarters
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Devonshire Elementary School
  • Friendship Junior High School
  • Elk Grove High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $42,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,191

Year Built

Built in 1965 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Room Type: Maid Room
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 429000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Side Apron, Driveway
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 0

Schools

  • Elementary School: DEVONSHIRE SCHOOL
  • High School: ELK GROVE HIGH SCHOOL
  • Middle/Junior School: FRIENDSHIP JUNIOR HIGH SCHOOL
  • Middle/Junior School District: 59

Green Features

  • GreenEnergyEfficient: Water Heater

Lot Info

  • Lot Dimensions: 48X100
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 42680
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 11190.99
  • Tax Year: 2017
  • Tax Exemptions: None

Range of Values:

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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 Change Sq Ft Price
05/17/2019 05/17/19 Sold $429,500 +0.1% --
03/27/2019 03/27/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $429,000 +1.0% --
02/26/2019 02/26/19 For Sale $424,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christopher Waldbuesser

    Seller's Agent in 2019

    Christopher Waldbuesser

    United Real Estate-Chicago

    (312) 566-7653

    8 Total Sales

    Christopher Waldbuesser
    Section Image
  • Marek Holesz

    Buyer's Agent in 2019

    Marek Holesz

    Realtogy Co

    (773) 520-2405

    15 in this area

    26 Total Sales

    Marek Holesz
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10290457

Midwest Real Estate Data (MRED)

Illinois Cook County Des Plaines 60018

1520 S Mount Prospect Rd, Des Plaines, IL

This home is located at 1520 S Mount Prospect Rd, Des Plaines, IL 60018 since 26 February 2019. This property was built in 1965. 1520 S Mount Prospect Rd is a home located in Cook County with nearby schools including Devonshire Elementary School, Friendship Jr High School, and Elk Grove High School.

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