NOT LISTED FOR SALE

Estimated Value: $620,000 - $989,801

9 Beds
8 Baths
5,310 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $690,000 $130 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,559/month

46 Days on Market

About This Home

As of August 2021

Great investment in this 8 unit building. Easy to manage. 7- 1 bedroom units and 1- 2 bedroom unit. Full occupancy. Some long term tenants occupying for almost 10yrs! Laundry room in lower level. 16 parking spaces. All private entrances. Close proximity to I88 & Outlet Mall. notice needed for all showings.

Last Agent to Sell the Property

Julio Cortez

Kettley & Co. Inc. - Aurora License #475147696 Listed on: 04/09/2021

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,092

Year Built

  • Built in 1974

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 81x153

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 5,310 Sq Ft Home
  • 3-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $996
  • Insurance Expense $2,640
  • Trash Expense $1,464
  • Water Sewer Expense $4,380
  • Operating Expense $11,364
  • Gross Income $85,200
  • Net Operating Income $73,836

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,092

Year Built

Built in 1974

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: 1974
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Special Instructions,Other-See Remarks
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 9
  • Possible Use: Multi-Family
  • Fireplaces: 2
  • Refrigerators: 8
  • Ranges: 8
  • Number of Windows: 8
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 695000
  • Exterior Building Type: Brick,Cedar,Frame
  • Misc Outside: Balcony/ies,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Utilities: Sanitary Sewer, Water-Community
  • Heat/Ventilation: Electric,Baseboard,Separate Per Unit

Fee Information

  • Trash Expense: 1464
  • Water Sewer Expenses: 4380
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.28
  • Lot Dimensions: 81X153
  • Lot Size Sq Ft: 12196
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 5

Building Info

  • BuildingAreaTotal: 5310

Multi Family

  • Net Operating Income: 73836
  • Insurance Expense: 2640
  • ElectricExpense: 996
  • GrossIncome: 85200
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 11364
  • Expense Year: 2020
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 8092
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Aug 11, 2021
Sold by
Chaidez Gilberto and Chaidez Maria
Bought by
Sunrise Commercial Properties Llc
Seller's Agent
Julio Cortez
Kettley & Co. Inc. - Aurora
Buyer's Agent
Non Member
NON MEMBER
List Price
$695,000
Sold Price
$690,000
Premium/Discount to List
-$5,000
-0.72%
Current Estimated Value
$804,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,901
Avg. Annual Appreciation
6.43%
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2003
Sold by
Rivera Roberto and Rivera Olivia
Bought by
Chaidez Gilberto and Chaidez Maria
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Sunrise Commercial Properties Llc $690,000 Chicago Title
Chaidez Gilberto -- --
Chaidez Gilberto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sunrise Commercial Properties Llc $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $690,000 -0.7% $130 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
04/11/2021 04/11/21 For Sale $695,000 -- $131 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $15,691 $225,149 $15,152 $209,997
2023 $15,260 $201,169 $13,538 $187,631
2022 $8,745 $113,270 $12,352 $100,918
2021 $8,652 $105,456 $11,500 $93,956
2020 $8,284 $97,953 $10,682 $87,271
2019 $8,134 $90,756 $9,897 $80,859
2018 $8,091 $87,322 $9,155 $78,167
2017 $7,943 $79,530 $8,435 $71,095
2016 $6,808 $63,485 $7,230 $56,255
2015 $9,300 $58,854 $6,217 $52,637
2014 $9,300 $53,927 $5,714 $48,213
2013 $9,300 $53,594 $6,067 $47,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11049967

Midwest Real Estate Data (MRED)

APN: 15-12-256-005