NOT LISTED FOR SALE
11 Beds
6 Baths
-- Sq Ft
1978 Built

Last Sold June 25, 2020

Last sale price $590,000

1 Day on Market

About This Home

As of June 2020

6 unit building with One 1-bdrm/1bath and Five 2-bdrm/1 bath units. Great investment opportunity. Fully leased, strong rents, historically high occupancy. Prime location in the Palatine Square Apartment Complex.

Last Agent to Sell the Property

Paul Montes

Tucker Healy, LLC License #471015254 Listed on: 06/15/2020

Co-Listed By

Eric Spiess

Inland Real Estate Commercial Brokerage, INC License #475136763

Last Buyer's Agent

Tracy Tran

Coldwell Banker Realty License #475134943

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1978

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $2,612
  • Insurance Expense $2,100

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 50163
  • Total Annual Exp: 25437
  • Total Annual Income: 50163
  • Total Monthly Income: 75600
  • Number Of Stories: 3
  • Estimated Year Built: 1978
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1978

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Heatventilation: Gas
  • Water Expense: 1855

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 557

Lot Info

  • Lot Dimensions: 50X59X51X60
  • Lot Sq Ft: 3104
  • Parcel Identification Number: 02121000620000

Rental Info

  • Gross Rental Income: 74400
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Fuel Expense: 2612
  • Insurance Expense: 2100
  • Other Expenses: 4920

Tax Info

  • Taxes: 13110

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $590,000 -3.3% --
06/16/2020 06/16/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $610,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10749353

Midwest Real Estate Data (MRED)