NOT LISTED FOR SALE

1700 W Touhy Ave Park Ridge, IL 60068

11 Beds
10 Baths
6,649 Sq Ft
9,583 Sq Ft Lot

Last Sold June 03, 2019

Last sale price $910,000 $137 Per Sq Ft

52 Days on Market

Highlights

  • Zoned Heating
  • George B Carpenter Elementary School Rated A
  • 4-minute walk to Centennial Park

About This Home

As of June 2019

EXCELLENT INVESTMENT OPPORTUNITY IN PARK RIDGE! ALL BRICK- 5 UNIT BUILDING. LUXURIOUS 1ST LEVEL OWNERS UNIT WITH OVER 2000 SQ FT OF LIVING SPACE. 3 LARGE BEDROOMS, 2 FULL BATHS. EAT IN KITCHEN AND 2 LARGE LIVING ROOM AREAS WITH FRESH PAINT. 4 ADDITIONAL APARTMENTS EACH WITH OVER 1000 SQ FT OF LIVING SPACE AND 2 LARGE BEDROOMS AND 2 FULL BATHS. 1 CAR ATTACHED GARAGE AND 2 CAR DETACHED GARAGE. 5 ADDITIONAL PARKING SPACES. COIN OPERATED LAUNDRY, 25 X 133 SIDE LOT, WHITE VINYL FENCE AND GAZEBO TO ENJOY THE SUMMER NIGHTS!

Last Agent to Sell the Property

Kelly Dunlop

Berkshire Hathaway HomeServices Starck Real Estate License #475168255 Listed on: 12/17/2018

Berkshire Hathaway HomeServices Starck Real Estate

Co-Listed By

Chuck Dunlop

Berkshire Hathaway HomeServices Starck Real Estate License #475149194

Last Buyer's Agent

Jonie Montalbano

@properties Christie's International Real Estate License #471016795

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,541

Year Built

  • Built in 1972

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 100x133
  • Additional Parcels

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Mansard Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,649 Sq Ft Home
  • 3-Story Property
  • Exterior Basement Entry
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $2,400
  • Insurance Expense $2,400
  • Water Sewer Expense $2,400
  • Operating Expense $32,000
  • Gross Income $94,200
  • Net Operating Income $62,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,541

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: Show-Lock Box
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 10
  • Total Bedrooms: 11
  • Possible Use: Condominium, Multi-Family
  • Basement Description: Slab
  • Fire Protection: Smoke or Fire Protectors
  • Fireplaces: 1
  • Drive-In Doors: 5
  • Dishwashers: 5
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Block
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 1200000
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Mansard
  • Misc Outside: Storms and Screens (as exist)

Garage/Parking

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

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Separate Meters
  • Utilities: Water-Municipal
  • Heat/Ventilation: Electric,Separate Per Unit,Zoned
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 2400
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.22
  • Lot Dimensions: 100X133
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 6649

Multi Family

  • Net Operating Income: 62200
  • Insurance Expense: 2400
  • ElectricExpense: 2400
  • GrossIncome: 94200
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 32000
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 24541
  • Tax Year: 2017

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 List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $910,000 -24.2% $137 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $1,200,000 0.0% $180 / Sq Ft
02/07/2019 02/07/19 Price Changed $1,200,000 -7.7% $180 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $1,300,000 +42.9% $196 / Sq Ft
12/24/2018 12/24/18 Off Market $910,000 -- --
12/17/2018 12/17/18 For Sale $1,300,000 -- $196 / Sq Ft
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: 10151293

Midwest Real Estate Data (MRED)