NOT LISTED FOR SALE

18 E Belmont Ave Bensenville, IL 60106

12 Beds
8 Baths
-- Sq Ft
1958 Built

Last Sold March 11, 2022

Last sale price $585,100

6 Days on Market

About This Home

As of March 2022

Perfect investment opportunity with over 6% Cap rate in income!!! SOLID Brick 4-unit building with four 3 bedroom 1 1/2 baths and with 8 space parking lot. Building has a new roof 2018, New asphalt driveway and parking lot 2021 and Unit 1N was updated 2019. Large building with a full basement, locker area for each tenant in the basement and they own designated gas hook-up for their washer and dryer. All Units pay their own utilities and owner pays for only water and trash and common area electric. Long term tenants. Please note that all units are occupied and only serious buyers with offers will be viewing the units in person due to the pandemic. The building and common areas are available to view. Don't miss out!!!

Last Agent to Sell the Property

Chrys Sotiriou

Century 21 Circle License #475143389 Listed on: 02/01/2022

Century 21 Circle

Last Buyer's Agent

Jayesh Parekh

Kale Realty License #475149245

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,806

Year Built

  • Built in 1958 | Remodeled in 2021

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Lot
  • Parking Space is Owned

Lot Details

  • Lot Dimensions are 53 x 140

Schools

  • Blackhawk Middle School
  • Fenton High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,806

Year Built

Built in 1958 | Remodeled in 2021

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1958
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • MRD_AP1: Stove,Refrigerator
  • MRD_AP2: Stove,Refrigerator
  • MRD_AP3: Stove,Refrigerator
  • MRD_AP4: Stove,Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Full
  • Total Bathrooms: 8
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Driveway, Parking Lot
  • ParkingTotal: 8
  • Number of Cars: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • High School: Fenton High School
  • Middle/Junior School: Blackhawk Middle School

Lot Info

  • Lot Dimensions: 53 X 140
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10806
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Story Unit/s
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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 List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $585,100 +6.4% --
02/08/2022 02/08/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $549,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $13,239 $152,270 $60,906 $91,364
2023 $12,617 $139,980 $55,990 $83,990
2022 $11,685 $128,450 $51,380 $77,070
2021 $11,112 $123,030 $49,210 $73,820
2020 $10,807 $117,850 $47,140 $70,710
2019 $10,217 $113,320 $45,330 $67,990
2018 $9,302 $101,400 $40,560 $60,840
2017 $9,032 $96,910 $38,760 $58,150
2016 $8,734 $89,480 $35,790 $53,690
2015 $8,538 $82,660 $33,060 $49,600
2014 $9,048 $86,890 $21,730 $65,160
2013 $8,949 $88,660 $22,170 $66,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11315445

Midwest Real Estate Data (MRED)
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