NOT LISTED FOR SALE
5 Beds
6 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold July 09, 2024

Last sale price $520,000

304 Days on Market

About This Home

As of July 2024

Easy to manage multi-famiy building in desirable Broadview. 6 total units plus 6 parking spots. 5 x 1bd/1ba, 1 x studio. Professionally managed with longterm tenants. Below market rents. Close to major highways, transportation, shopping, and dining. This property is available individually or as a package with 1637 S 18th Ave, Maywood and 4806 St Charles, Bellwood.

Last Agent to Sell the Property

Joseph Giannini

Agent Realty Partners License #475191091 Listed on: 07/17/2023

Last Buyer's Agent

Bill Ryan

Ryan Real Estate Services, LLC License #471021264

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,622

Year Built

  • Built in 1963

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 125x60

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $871
  • Fuel Expense $4,517
  • Insurance Expense $1,658
  • Maintenance Expense $1,800
  • Other Expense $1,890
  • Water Sewer Expense $2,289
  • Operating Expense $20,647
  • Gross Income $62,196
  • Net Operating Income $40,313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,622

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Basement Description: None
  • Fireplaces: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Gas
  • Leased Washer Dryer YN: No

Fee Information

  • Water Sewer Expenses: 2289

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 125X60
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 40313
  • Fuel Expense: 4517
  • Insurance Expense: 1658
  • ElectricExpense: 871
  • GrossIncome: 62196
  • Maintenance Expense: 1800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20647
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 7622
  • Tax Year: 2021
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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 List to Sale Price per Sq Ft Prior Sale
07/09/2024 07/09/24 Sold $520,000 -1.0% --
05/17/2024 05/17/24 Pending -- -- --
07/17/2023 07/17/23 For Sale $525,000 +70.1% --
06/29/2018 06/29/18 Sold $308,700 +4.3% -- View Prior Sale
06/06/2018 06/06/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $296,000 -4.1% --
05/21/2018 05/21/18 Off Market $308,700 -- --
05/14/2018 05/14/18 Price Changed $296,000 +2.6% --
05/14/2018 05/14/18 For Sale $288,500 -- --
Source: Midwest Real Estate Data (MRED)

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 $9,743 $35,417 $2,655 $32,762
2024 $9,743 $35,417 $2,655 $32,762
2023 $7,911 $35,417 $2,655 $32,762
2022 $7,911 $23,780 $2,102 $21,678
2021 $7,622 $23,778 $2,101 $21,677
2020 $8,997 $28,804 $2,101 $26,703
2019 $7,527 $21,839 $1,880 $19,959
2018 $7,288 $21,839 $1,880 $19,959
2017 $7,190 $21,839 $1,880 $19,959
2016 $6,024 $17,307 $1,659 $15,648
2015 $5,948 $17,307 $1,659 $15,648
2014 $5,783 $17,307 $1,659 $15,648
2013 $6,351 $20,603 $1,659 $18,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11833847

Midwest Real Estate Data (MRED)
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