NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: March 30, 2018

Last sale price $670,000 $0 Per Sq Ft

5 Days on Market

About This Home

As of March 2018

6 UNITS END UNIT BUILT IN 1993. FULLY LEASED 100 % TENANT OCCIPIED. 5 UNITS ARE 2 BEDROOMS AND 2 BATHROOMS, I UNIT ONE BEDROOM, ONE BATH, OVER LOOKING LANDSCAPED COURT YARD. ALL THE UNITS HAVE BALCONIES , LAUNDRY IN THE BUILDING, AND PARKING. TENANT PAYS HEAT & ELECTRIC. LOW RENTS, CAN RAISE IT. GREAT LOCATION, CLOSE TO EVERYTHING, TRANSPORTATION , RESTAURANT AND SHOPPING.

Last Agent to Sell the Property

Susan Shin

Master Partners Realty License #471010434 Listed on: 12/10/2017

Last Buyer's Agent

Susan Shin

Master Partners Realty License #471010434 Listed on: 12/10/2017

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1993

Lot Details

  • 2,178

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Air

Community Details

  • Fuel Expense $780
  • Insurance Expense $1,900

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1993

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: 16-25 Years
  • Net Oper Income: 61817
  • Outdoor Parking: 51-100 Spaces
  • Owners Assoc: Yes
  • Repairs Decor Expense: 800
  • Roof Coverings: Shingle Composition
  • Total Annual Exp: 19603
  • Total Annual Income: 81420
  • Total Monthly Income: 6785
  • Number Of Disposals: 6
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1993
  • Type Multi Family: Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1993

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.05
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Central Heat/Indiv Controls, Forced Air, Gas, Separate Per Unit
  • Water Expense: 3000

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Parking, Exterior Maintenance, Lawn Care, Scavenger

Fee Information

  • Electricity Expense: 672
  • Electrical Service: 201-600 Amps

Lot Info

  • Lot Dimensions: 2381 SQ. FEET
  • Parcel Identification Number: 08222030760000

Rental Info

  • Gross Rental Income: 6575
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Fuel Expense: 780
  • Gross Rent Multiplier: 8
  • Insurance Expense: 1900
  • Other Expenses: 330
  • Number Of Dishwashers: 6
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 12791

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

Listed on
Dec 10, 2017
Closed on
Mar 22, 2018
Sold by
Shin James and Shin Susan
Bought by
Seller's Agent
Susan Shin
Master Partners Realty
Buyer's Agent
Susan Shin
Master Partners Realty
List Price
$649,900
Sold Price
$670,000
Premium/Discount to List
$20,100
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 1999
Sold by
Harris Bank Palatine
Bought by
Shin James and Shin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 1998
Sold by
Champion Okey
Bought by
Harris Bank Palatine and Trust #6962

Purchase Details

Closed on
Mar 25, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Champion Okey

Purchase Details

Closed on
Feb 28, 1995
Sold by
Columbia National Bank Of Chicago
Bought by
American National Bk & Tr Co Of Chicago
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$670,000 Chicago Title
Shin James $480,000 --
Harris Bank Palatine -- --
Champion Okey $456,000 --
American National Bk & Tr Co Of Chicago $435,000 --
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
Closed $402,000
Previous Owner Shin James $384,000
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
03/30/2018 03/30/18 Sold $670,000 +3.1% --
12/15/2017 12/15/17 Pending -- -- --
12/10/2017 12/10/17 For Sale $649,900 -- --
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
2025 $17,717 $80,000 $2,619 $77,381
2024 $17,717 $61,425 $2,619 $58,806
2023 $17,012 $68,000 $2,619 $65,381
2022 $17,012 $68,000 $2,619 $65,381
2021 $12,120 $42,415 $2,500 $39,915
2020 $12,995 $46,732 $2,500 $44,232
2019 $13,732 $54,340 $2,500 $51,840
2018 $10,825 $37,915 $2,142 $35,773
2017 $12,384 $43,249 $2,142 $41,107
2016 $13,374 $49,673 $2,142 $47,531
2015 $12,791 $44,303 $1,904 $42,399
2014 $12,581 $44,303 $1,904 $42,399
2013 $12,287 $44,303 $1,904 $42,399
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09815393

Midwest Real Estate Data (MRED)
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