NOT LISTED FOR SALE
6 Beds
6 Baths
-- Sq Ft
1962 Built

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 was recently renovated just two years ago. 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

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,571

Year Built

  • Built in 1962

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

$11,571

Year Built

Built in 1962

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: Yes
  • 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: 11571
  • 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
S G Property Partnership Llc
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
Outstanding Balance
$274,567
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2019
Sold by
Agent Equity Partners Llc
Bought by
S G Property Partnership I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 23, 2019
Sold by
Group One Properties Llc
Bought by
Agent Equity Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,500
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 2009
Sold by
Jordan Booker
Bought by
Group One Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2001
Sold by
Anderson Andre and Anderson Vera
Bought by
Jordan Booker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 1998
Sold by
Hanson Ernest A and Hanson Naomi L
Bought by
Anderson Andre and Anderson Vera
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
S G Property Partnership I Llc $410,000 Greater Illinois Title
Agent Equity Partners Llc $290,000 Old Republic Title
Group One Properties Llc -- Cti
Jordan Booker $245,000 Chicago Title Insurance Co
Anderson Andre $194,000 Professional National Title
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 S G Property Partnership I Llc $390,000
Previous Owner Agent Equity Partners Llc $377,500
Closed Group One Properties Llc $280,000
Previous Owner Jordan Booker $392,000
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 $3,818 $13,879 $1,890 $11,989
2024 $3,818 $13,879 $1,890 $11,989
2023 $3,607 $13,879 $1,890 $11,989
2022 $3,607 $10,843 $1,496 $9,347
2021 $3,475 $10,842 $1,496 $9,346
2020 $3,823 $12,240 $1,496 $10,744
2019 $3,088 $8,959 $1,338 $7,621
2018 $2,990 $8,959 $1,338 $7,621
2017 $2,949 $8,959 $1,338 $7,621
2016 $2,433 $6,990 $1,181 $5,809
2015 $2,402 $6,990 $1,181 $5,809
2014 $2,336 $6,990 $1,181 $5,809
2013 $2,380 $7,721 $1,181 $6,540
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11490173

Midwest Real Estate Data (MRED)
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