Seller's Agent in 2024
Anthony Spangler
Horvath & Tremblay IL, LLC
(708) 704-1368
43 Total Sales
17719 Commercial Ave Lansing, IL 60438
10
Beds
6
Baths
--
Sq Ft
8,712
Sq Ft Lot
About This Home
As of October 2024Meticulously Maintained 5 Unit Building. Also for Sale is 17725 Commercial Ave which is an identical 5 Unit building next door, which shares a parking lot that has been recently completely replaced. There are a total of 5 Units, 1 (3Bed/2Bath), 3 (2Bed/1Bath) & 1 (1Bed/1Bath) Units. There are 9 parking spots in the back, and there is common laundry room in the basement. The Landlord pays for the Boiler Heat, Hot Water, Water, Common Electric & Garbage. Tenants are responsible for their own units electric bill. Many upgrades, major capital improvements, and preventive maintenance has been completed on this building. Current Rent Roll of $5,035 with upside to $7,000.
Last Agent to Sell the Property
Horvath & Tremblay IL, LLC License #475173833 Listed on: 08/13/2024
Last Buyer's Agent
@properties Christie's International Real Estate License #475139197
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,470
Year Built
- Built in 1975
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 130x65
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
- Radiant Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $1,101
- Fuel Expense $3,222
- Insurance Expense $2,095
- Maintenance Expense $1,250
- Other Expense $950
- Trash Expense $1,670
- Water Sewer Expense $1,334
- Operating Expense $25,193
- Gross Income $60,420
- Net Operating Income $36,201
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 10/24/2024 10/24/24 | Sold | $415,000 | -7.8% | -- |
| 08/29/2024 08/29/24 | Pending | -- | -- | -- |
| 08/13/2024 08/13/24 | For Sale | $450,000 | -- | -- |
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 | $13,470 | $27,840 | $3,646 | $24,194 |
| 2024 | $13,470 | $27,840 | $3,646 | $24,194 |
| 2023 | $10,705 | $31,000 | $3,646 | $27,354 |
| 2022 | $10,705 | $16,473 | $3,217 | $13,256 |
| 2021 | $11,072 | $17,514 | $3,216 | $14,298 |
| 2020 | $10,275 | $17,514 | $3,216 | $14,298 |
| 2019 | $12,494 | $21,945 | $3,002 | $18,943 |
| 2018 | $13,368 | $23,924 | $3,002 | $20,922 |
| 2017 | $13,498 | $23,924 | $3,002 | $20,922 |
| 2016 | $10,203 | $18,660 | $2,787 | $15,873 |
| 2015 | $9,480 | $18,660 | $2,787 | $15,873 |
| 2014 | $10,736 | $21,428 | $2,787 | $18,641 |
| 2013 | $10,849 | $24,094 | $2,787 | $21,307 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Spangler
-
Vergis Eiland
Buyer's Agent in 2024
Vergis Eiland
@ Properties
(312) 802-6204
133 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12137748
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
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