NOT LISTED FOR SALE

17760 Rosewood Dr Lansing, IL 60438

11 Beds
6 Baths
-- Sq Ft
1974 Built

Last Sold February 01, 2022

Last sale price $500,000

161 Days on Market

About This Home

As of February 2022

This outstanding 6-unit multifamily is in excellent condition and has been meticulously cared for by the owner. The building is all electric. Tenants pay heat & their utilities. The owner pays water, trash removal, grounds maintenance. Many upgrades in the last 8 years including a new roof & windows. Each unit has its own electric furnace. Located in a quiet area, this excellent building is a great addition to any investors portfolio. * Please note that the building next door is also for sale. A great opportunity !

Last Agent to Sell the Property

James Tammaro

RE/MAX 10 License #475114220 Listed on: 05/28/2021

RE/MAX 10

Last Buyer's Agent

Pearl Carpio

My House Realty, LLC License #471019760

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,215

Year Built

  • Built in 1974

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Heating Available
  • Separate Meters

Additional Features

  • 3-Story Property
  • Lot Dimensions are 52 x 146

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $400
  • Fuel Expense $400
  • Insurance Expense $2,133
  • Maintenance Expense $1,800
  • Other Expense $3,572
  • Trash Expense $675
  • Water Sewer Expense $2,300
  • Operating Expense $27,345
  • Gross Income $70,800
  • Net Operating Income $45,243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,215

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1974
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 524900

Utilities

  • Heat/Ventilation: Electric,Separate Per Unit
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 675
  • Water Sewer Expenses: 2300
  • Janitor Expense: 699
  • Operating Expense Includes: Accounting,Maintenance Grounds,Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 52 X 146

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 45243
  • Fuel Expense: 400
  • Insurance Expense: 2133
  • ElectricExpense: 400
  • GrossIncome: 70800
  • Maintenance Expense: 1800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 27345
  • Expense Year: 2021
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 19215
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
02/01/2022 02/01/22 Sold $500,000 -4.7% --
11/05/2021 11/05/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $524,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11103887

Midwest Real Estate Data (MRED)