$325,000
SOLD MAR 14, 2019

18006 Wentworth Ave Lansing, IL 60438

8 Beds
7 Baths
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

2 Days on Market

About This Home

As of February 2023

Fully occupied 7 unit with solid returns and rental history. Property includes 2 - 2 bedroom townhome units with basements on Madison Street and a 2 bedroom main floor unit, 2 - 1 bedroom 2nd floor units and 2 studio units on Wentworth Ave. Additional income from a detached 2 car garage and an attached garage. This well maintained property is a great income producer!

Last Agent to Sell the Property

Al Evers

Evers Realty Group License #471002985 Listed on: 11/28/2018

Last Buyer's Agent

Al Evers

Evers Realty Group License #471002985 Listed on: 11/28/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Additional Features

  • Unfinished Basement

Community Details

  • Fuel Expense $898
  • Insurance Expense $1,728

Listing and Financial Details

  • Tenant pays for varies by tenant

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 39450
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1500
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Scavenger Expense: 684
  • Total Annual Exp: 18690
  • Total Annual Income: 58140
  • Total Monthly Income: 4845
  • Number of Ranges: 7
  • Number Of Refrigs: 7
  • Number Of Stories: 2
  • Estimated Year Built: 1954
  • Type Multi Family: Flats, Garden Complex, Condo/Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1954

Interior Features

  • Basement: Unfinished

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.06
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 11

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Gas, Hot Water
  • Water Expense: 1487

Condo/Co-op/Association

  • Units in Building: 7

Fee Information

  • Electricity Expense: 1565
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 74 X 121
  • Parcel Identification Number: 30321190360000

Rental Info

  • Gross Rental Income: 58140
  • Tenant Pays: Varies by Tenant

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 898
  • Insurance Expense: 1728
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 11059

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
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% --
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10145089

Midwest Real Estate Data (MRED)