$475,000
SOLD JUL 1, 2025
5 Beds
7 Baths
4,109 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

Highlights

  • Hot Water Heating System
  • Howard Elementary School Rated A-
  • 5-minute walk to Oak Park

About This Home

As of July 2025

Excellent investment opportunity in Dearborn. Brick 7 unit Apt Building in good condition & fully occupied. Building includes 1 - 2 Bedroom, 3 - 1 Bedroom, and 3 - Studio / Efficiency. See documents for the last 5 years of financials. Annual gross income could be higher. This building is fully occupied. Owner is asking for

Last Agent to Sell the Property

Paul Szostek

Century 21 Curran & Oberski License #6501303811 Listed on: 07/03/2025

Century 21 Curran & Oberski

Last Buyer's Agent

Ali T. Charara

Century 21 Curran & Oberski License #6501340600

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1938

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60 x 119

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 7 Full Bathrooms
  • 4,109 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 320916201014

Community Details

Overview

  • 7 Units
  • Warren Dearborn Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,019

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1938
  • State Equalized Value: 172700.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4109

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 25129.00

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 60 x 119
  • Parcel Number: 320916201014
  • Zoning: Multi-Family, Residential

Rental Info

  • Rent Includes: Heat, Electric, Water
  • Monthly Rental Income: 4900

Tax Info

  • Tax Amount Summer: 8871.0000
  • Tax Amount Winter: 1148.0000
  • Total Tax: 10019.0000
  • Taxable Value: 172700.0000

Multi Family

  • Gross Scheduled Income: 58800.00
  • Number Of Units Total: 7
  • Number of Efficiency Units: 3

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2025
Closed on
Jun 30, 2025
Sold by
Jerry E Garner E and Jerry Johanne A
Bought by
Saleh Bassam
Seller's Agent
Paul Szostek
Century 21 Curran & Oberski
Buyer's Agent
Ali T. Charara
Century 21 Curran & Oberski
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$386,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,078
Avg. Annual Appreciation
-37.26%

Purchase Details

Closed on
Mar 26, 2021
Sold by
Garner Jerry and Wilson Johanne
Bought by
Garner Jerry F and Wilson Johanne A

Purchase Details

Closed on
Jun 10, 2003
Sold by
Wagner Joyce L
Bought by
Garner Jerry

Purchase Details

Closed on
Jun 3, 2002
Sold by
Livin Wagner Joyce L
Bought by
Wagner Joyce L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Title One
Warranty Deed -- Title One
Interfamily Deed Transfer -- None Available
Warranty Deed $285,000 Moon Title
Interfamily Deed Transfer -- Moon Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 For Sale $475,000 0.0% $116 / Sq Ft
07/01/2025 07/01/25 Sold $475,000 -- $116 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

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
2025 $8,358 $140,700 $0 $0
2024 $8,871 $172,700 $0 $0
2023 $7,889 $167,000 $0 $0
2022 $9,082 $164,900 $0 $0
2021 $9,306 $135,200 $0 $0
2019 $9,352 $124,600 $0 $0
2018 $8,657 $133,300 $0 $0
2017 $2,038 $132,400 $0 $0
2016 $8,189 $126,100 $0 $0
2015 $12,558 $126,050 $0 $0
2013 $13,435 $134,350 $0 $0
2011 -- $144,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20251007004

Realcomp

APN: 32-09-162-01-014