NOT LISTED FOR SALE

18006 Wentworth Ave Lansing, IL 60438

Lansing Area
8 Beds
7 Baths
-- Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: February 24, 2023

Last sale price $390,000

49 Days on Market

About This Home

As of February 2023

18006 Wentworth Avenue consists of a two-story multi-family brick building with seven (7) residential units comprised of two (2) 2-Bedroom/1-Bathroom townhouse units, one (1) 2-Bedroom/1-Bathroom unit, two (2) 1-Bedroom/1-Bathroom units, and two (2) Studio units with 6,700 square feet of living area in 7,000 square feet of total gross area on a 0.25-acre parcel of land. The Property features an on-site laundry facility, and parking for nine vehicles (including a 2-car garage that is attached to one of the townhouse units). The building features new furnaces and hot water heaters in the common basement for the five (5) non townhouse units.

Last Agent to Sell the Property

Anthony Spangler

Horvath & Tremblay IL, LLC License #475173833 Listed on: 12/06/2022

Last Buyer's Agent

Daniel Ferraro

Garry Real Estate License #475146239

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,097

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 100x150
  • Additional Parcels

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • Courtyard

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $771
  • Fuel Expense $1,711
  • Insurance Expense $2,959
  • Maintenance Expense $2,850
  • Manager Expense $3,084
  • Other Expense $2,150
  • Trash Expense $1,716
  • Water Sewer Expense $3,141
  • Operating Expense $33,481
  • Gross Income $63,360
  • Net Operating Income $28,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,097

Year Built

Built in 1953

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Courtyard
  • Stories: 2
  • Year Built: 1953
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 8
  • Room: 0

Utilities

  • Heat/Ventilation: Gas,Radiators,Baseboard

Condo/Co-op/Association

  • Manager Expense: 3084

Fee Information

  • Trash Expense: 1716
  • Water Sewer Expenses: 3141

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.2
  • Lot Dimensions: 100X150

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 28210
  • Fuel Expense: 1711
  • Insurance Expense: 2959
  • ElectricExpense: 771
  • GrossIncome: 63360
  • Maintenance Expense: 2850
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 33481
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 15097
  • Tax Year: 2021

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Feb 10, 2023
Sold by
Bought by
Seller's Agent
Anthony Spangler
Horvath & Tremblay IL, LLC
Buyer's Agent
Daniel Ferraro
Garry Real Estate
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%
Views
163

Purchase Details

Listed on
Nov 28, 2018
Closed on
Mar 11, 2019
Sold by
Bought by
Seller's Agent
Al Evers
Evers Realty Group
Buyer's Agent
Al Evers
Evers Realty Group
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$243,000
Interest Rate
2.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.1%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lansing, IL

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Purchase 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 Buyer Sale Price Title Company
$390,000 None Listed On Document
$325,000 None Available
$210,000 Professional National Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $750,000
Previous Owner $243,000
Previous Owner $147,000
Source: Public Records

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 Prior Sale
02/24/2023 02/24/23 Sold $390,000 -7.1% --
01/25/2023 01/25/23 Pending -- -- --
12/06/2022 12/06/22 For Sale $420,000 +29.2% --
03/14/2019 03/14/19 Sold $325,000 0.0% -- View Prior Sale
11/30/2018 11/30/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $325,000 -- --
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 $1,649 $3,409 $1,192 $2,217
2024 $1,649 $3,409 $1,192 $2,217
2023 $1,993 $3,409 $1,192 $2,217
2022 $1,993 $3,069 $1,052 $2,017
2021 $1,939 $3,067 $1,051 $2,016
2020 $1,799 $3,067 $1,051 $2,016
2019 $1,587 $2,788 $981 $1,807
2018 $1,558 $2,788 $981 $1,807
2017 $1,573 $2,788 $981 $1,807
2016 $1,513 $2,766 $911 $1,855
2015 $1,524 $3,000 $911 $2,089
2014 $1,503 $3,000 $911 $2,089
2013 $1,515 $3,364 $911 $2,453
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11683539

Midwest Real Estate Data (MRED)
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