NOT LISTED FOR SALE
6 Beds
6 Baths
-- Sq Ft
6,250 Sq Ft Lot

Last Sold February 02, 2022

Last sale price $277,000

94 Days on Market

Highlights

  • 0.14 Acre Lot
  • Courtyard
  • Heating Available

About This Home

As of February 2022

THIS 6 UNIT PORTFOLIO BUILDER APARTMENT COMPLEX IS IN GREAT CONDITION. THIS IS AN EASY TO MANAGE ARM-CHAIR INVESTMENT PROPERTY FEATURING 6 - 1 BEDROOM APARTMENTS. TENANTS PAY ALL! EXCELLENT LOCATION NEAR X-WAYS 294/90 AND O'HARE NEARBY VETERANS HOSPITAL AS WELL AS LOYOLA UNIVERSITY MEDICAL CENTER AND TRITON COLLEGE EXCELLENT INVESTMENT OPPORTUNITY, QUICK CLOSE POSSIBLE. OWNER PREFERS BUYER PURCHASE THE 2 ADJACENT 6 UNIT APARTMENT BUILDINGS AS A PACKAGE. SEE SEPARATE LISTINGS TOTALING 18 UNITS ALL TOGETHER. GREAT OPPORTUNITY TO EXPAND YOUR INVESTMENT PORTFOLIO TODAY!

Last Agent to Sell the Property

Gerald Davis

GRD Realty Inc. License #471006458 Listed on: 09/02/2021

Last Buyer's Agent

Mike Quaid

Equaider Enterprises LLC License #471018960

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,605

Year Built

  • Built in 1959

Lot Details

  • 6,250

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Courtyard
  • 6,250 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $1,200
  • Trash Expense $3,600
  • Water Sewer Expense $2,160
  • Operating Expense $22,325
  • Gross Income $58,800
  • Net Operating Income $36,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,605

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Courtyard
  • Stories: 2
  • Year Built: 1959
  • Built Before 1978 (Y/N): Yes
  • Information: Short Notice OK
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 275000
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Electric

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 3600
  • Water Sewer Expenses: 2160
  • Janitor Expense: 2400

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 6250
  • Lot Size Sq Ft: 6250

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 36475
  • Insurance Expense: 1200
  • ElectricExpense: 360
  • GrossIncome: 58800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 22325
  • Expense Year: 2020
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 12605
  • Tax Year: 2019

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 Change Sq Ft Price
02/02/2022 02/02/22 Sold $277,000 -23.1% --
12/06/2021 12/06/21 Pending -- -- --
11/11/2021 11/11/21 For Sale -- -- --
10/17/2021 10/17/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $360,000 -- --
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: 11207951

Midwest Real Estate Data (MRED)