Bernard Cobb
RE/MAX of Naperville
(708) 905-8047
162 Total Sales
1 in Naperville Historic District
$525,000 Price
16 E Benton Ave Naperville, IL 60540
Naperville Historic District NeighborhoodEstimated Value: $1,975,000
Studio
1
Bath
700
Sq Ft
$2,821/Sq Ft
Est. Value
About This Home
As of April 2025Prime Downtown Naperville. Only 3 blocks from the Metra, heart of thriving downtown Naperville, on west edge of North Central College Campus. Building comprised of (10) 1Bd/1Ba apartments and (1) 2Bd/2Ba apartment with coin laundry. All updated. Units have radiant heat and are cooled with air units. The building has been very well maintained and has a strong history of occupancy. Current rental rates are below market value rent for the area. Plenty of room to increase CAP rate with rental increases.
Last Agent to Sell the Property
Keller Williams Premiere Properties License #475158020 Listed on: 07/01/2024
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $31,191
Year Built
- Built in 1993
Lot Details
- 5,193 Sq Ft Lot
- Lot Dimensions are 65x91x50x46x13x46
Parking
- On-Street Parking
Home Design
- Garden Apartment
Interior Spaces
- 2-Story Property
Utilities
- Window Unit Cooling System
- Radiant Heating System
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 11 Units
Building Details
- Insurance Expense $4,362
- Maintenance Expense $10,966
- Manager Expense $10,629
- Other Expense $13,852
- Operating Expense $71,000
- Gross Income $177,600
- Net Operating Income $107,878
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 27, 2025
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,291,304
Interest Rate
6.65%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 2, 2011
Sold by
Bought by
Purchase Details
Closed on
Aug 7, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Naperville Historic District, IL
-
Bernard Cobb
-
Kimberly Zahand
Kimberly Zahand
Keller Williams North Shore West
(708) 859-7009
390 Total Sales
1 in Naperville Historic District
$1,495,011 Price
-
Carol Gavalick
Carol Gavalick
Responds Quickly@properties Christies International Real Estate
(224) 332-3608
96 Total Sales
1 in Naperville Historic District
$711,000 Price
-
Abrahim Batshon
Abrahim Batshon
Responds QuicklyNTEG Realty LLC
(708) 634-5448
14 Total Sales
1 in Naperville Historic District
$1,524,269 Price
-
Alice Chin
Alice Chin
Responds QuicklyCompass
(630) 394-5561
423 Total Sales
1 in Naperville Historic District
$440,000 Price
-
Lindsey Williams
Lindsey Williams
Responds QuicklyLindsey Williams, Broker
(331) 204-1626
34 Total Sales
1 in Naperville Historic District
$860,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,000,000 | Chicago Title | ||
| -- | None Available | ||
| $482,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,590,432 | ||
| Previous Owner | $2,291,304 | ||
| Previous Owner | $843,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Sold | $2,000,000 | 0.0% | $2,857 / Sq Ft |
| 02/28/2025 02/28/25 | Off Market | $2,000,000 | -- | -- |
| 12/25/2024 12/25/24 | Off Market | $2,000,000 | -- | -- |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | For Sale | $2,200,000 | 0.0% | $3,143 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 07/01/2024 07/01/24 | For Sale | $2,200,000 | -- | $3,143 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2024 | $35,654 | $478,602 | $117,455 | $361,147 |
| 2023 | $34,135 | $430,050 | $105,540 | $324,510 |
| 2022 | $31,191 | $389,770 | $73,320 | $316,450 |
| 2021 | $30,192 | $375,860 | $70,700 | $305,160 |
| 2020 | $29,634 | $375,860 | $70,700 | $305,160 |
| 2019 | $30,138 | $375,860 | $67,240 | $308,620 |
| 2018 | $24,667 | $300,690 | $64,440 | $236,250 |
| 2017 | $24,803 | $290,490 | $62,250 | $228,240 |
| 2016 | $21,925 | $251,150 | $53,820 | $197,330 |
| 2015 | $21,638 | $238,460 | $51,100 | $187,360 |
| 2014 | $22,229 | $238,460 | $51,100 | $187,360 |
| 2013 | $22,034 | $240,110 | $51,450 | $188,660 |
Source: Public Records
Agents Affiliated with this Home
-
CJ McCann
Seller's Agent in 2025
CJ McCann
Keller Williams Premiere Properties
(630) 984-4701
1 in this area
269 Total Sales
-
Timothy Coleman
Seller Co-Listing Agent in 2025
Timothy Coleman
10 West Real Estate Group
(630) 963-9300
1 in this area
20 Total Sales
-
Andrew Nast
A
Buyer's Agent in 2025
Andrew Nast
Lofty LLC
(844) 355-6389
1 in this area
11 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12087327
APN: 07-13-420-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 110 S Washington St Unit 400
- 119 S Ellsworth St
- 3 N Main St
- 15 N Brainard St
- 181 W Benton Ave
- 171 W Benton Ave
- 103 S Webster St
- 111 S Webster St
- 107 S Webster St
- 115 S Webster St
- 229 Center St
- 324 Big Rail Dr
- 323 Loomis St
- 325 N Loomis St
- 334 E 4th Ave
- 322 E 4th Ave
- 532 S Main St
- 636 E 4th Ave
- 108 N Wright St
- 434 W Benton Ave
- 22 E Benton Ave Unit H
- 22 E Benton Ave Unit G
- 22 E Benton Ave Unit J
- 16 E Benton Ave Unit D
- 16 E Benton Ave Unit J
- 16 E Benton Ave Unit E
- 16 E Benton Ave Unit B
- 16 E Benton Ave Unit G
- 16 E Benton Ave Unit I
- 16 E Benton Ave Unit K
- 16 E Benton Ave Unit A
- 16 E Benton Ave Unit C
- 1 E Benton Ave
- 24 N Washington St
- 25 S Washington St Unit 212
- 25 S Washington St Unit 208
- 25 S Washington St Unit LL500
- 25 S Washington St Unit LL110
- 25 S Washington St Unit 200
- 25 S Washington St Unit 206
Your Personal Tour Guide
Ask me questions while you tour the home.