NOT LISTED FOR SALE
18 Beds
18 Baths
-- Sq Ft
0.31 Acres

Last Sold November 15, 2019

Last sale price $480,000

19 Days on Market

About This Home

As of November 2019

One-of-a-kind newer 18-unit building in Hazel Crest. Great opportunity to invest & generate positive monthly cash flow. Many recent updates to units include: newer carpeting, kitchen cabinets, & paint. Laundry on-site, along with ample parking (18 outdoor spaces). Great location: within blocks of Metra & Pace. Owner's retirement is your opportunity!

Last Listed By

Toi Robertson

Century 21 S.G.R., Inc. License #475131416 Listed on: 09/17/2019

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 0.31

Home Design

  • Slab Foundation

Community Details

  • Fuel Expense $8,000
  • Insurance Expense $6,000

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Corporation
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2018
  • Net Oper Income: 72761
  • Outdoor Parking: 13-18 Spaces
  • Repairs Decor Expense: 5000
  • Scavenger Expense: 2000
  • Total Annual Exp: 64039
  • Total Annual Income: 136800
  • Total Monthly Income: 11400
  • Number Of Stories: 2
  • Estimated Year Built: 1973
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1973

Exterior Features

  • Foundation: Concrete
  • Acreage: 0.31
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 18

Utilities

  • Heatventilation: Central Bldg Heat, Gas
  • Water Expense: 5500

Condo/Co-op/Association

  • Units in Building: 18

Fee Information

  • Electricity Expense: 4800
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 2800

Lot Info

  • Lot Dimensions: 100 X 132
  • Lot Sq Ft: 13393
  • Parcel Identification Number: 29302180440000

Rental Info

  • Gross Rental Income: 136800
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 8000
  • Gross Rent Multiplier: 4
  • Insurance Expense: 6000

Tax Info

  • Taxes: 29939

Range of Values:

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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
11/15/2019 11/15/19 Sold $480,000 -12.7% --
10/06/2019 10/06/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $550,000 -- --
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: MRD10520966

Midwest Real Estate Data (MRED)