$390,000
SOLD FEB 24, 2023

18006 Wentworth Ave Lansing, IL 60438

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

Recently Sold

7% Below List Price

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

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

0

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
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 7
  • Total Bedrooms: 8
  • Room: 3
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 420000

Utilities

  • Heat/Ventilation: Gas,Radiators,Baseboard

Condo/Co-op/Association

  • Manager Expense: 3084

Fee Information

  • Trash Expense: 1716
  • Water Sewer Expenses: 3141
  • Janitor Expense: 0

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

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Range of Values:

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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: 11683539

Midwest Real Estate Data (MRED)