NOT LISTED FOR SALE
6 Beds
6 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: August 12, 2022

Last sale price $507,500

About This Home

As of August 2022

Solid six unit building in Broadview. This building contains six one bedroom/one bath apartments as well as coin laundry and dedicated parking for each unit. Current rent roll is strong, but there is also unrealized upside in the rents.

Last Agent to Sell the Property

John Warren

Forte Properties, Inc. License #471020680 Listed on: 08/12/2022

Last Buyer's Agent

John Warren

Forte Properties, Inc. License #471020680 Listed on: 08/12/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,206

Year Built

  • Built in 1962

Lot Details

  • 3,049

Interior Spaces

  • 3-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • Lot Dimensions are 50x100
  • Heating System Uses Gas

Community Details

  • 6 Units
  • Gross Income $65,000

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,206

Year Built

Built in 1962

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1962
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Room: 0

Utilities

  • Heat/Ventilation: Gas

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X100

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • GrossIncome: 65000
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 12206.5
  • Tax Year: 2020

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
Aug 12, 2022
Closed on
Jul 28, 2022
Sold by
Bought by
Seller's Agent
John Warren
Forte Properties, Inc.
Buyer's Agent
John Warren
Forte Properties, Inc.
List Price
$499,000
Sold Price
$507,500
Premium/Discount to List
$8,500
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
0.0588%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2019
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
$405,000
Interest Rate
0.0495%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,015,000 None Listed On Document
$410,500 Liberty Title & Escrow Co
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 $406,000
Previous Owner $405,000
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
08/12/2022 08/12/22 Sold $507,500 +1.7% --
08/12/2022 08/12/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $499,000 -- --
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 $5,777 $21,000 $1,890 $19,110
2024 $5,777 $21,000 $1,890 $19,110
2023 $5,856 $21,000 $1,890 $19,110
2022 $5,856 $17,603 $1,496 $16,107
2021 $6,263 $19,540 $1,496 $18,044
2020 $6,103 $19,540 $1,496 $18,044
2019 $5,423 $15,734 $1,338 $14,396
2018 $5,251 $15,734 $1,338 $14,396
2017 $5,180 $15,734 $1,338 $14,396
2016 $4,682 $13,450 $1,181 $12,269
2015 $4,622 $13,450 $1,181 $12,269
2014 $4,494 $13,450 $1,181 $12,269
2013 $4,534 $14,709 $1,181 $13,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11490168

Midwest Real Estate Data (MRED)
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