Elizabeth Goodchild
Realty of America
(224) 479-1826
484 Total Sales
3 in Chicago West
$298K - $490K Price Range
200 High St West Chicago, IL 60185
Chicago West NeighborhoodEstimated Value: $1,630,220
28
Beds
19
Baths
--
Sq Ft
0.25
Acre Lot
About This Home
As of September 2022CLOSED BEFORE PROCESSING 17 unit apartment building in the heart of downtown West Chicago. Walk to train, library, Prairie Path, Reed Kepler Park and community pool. Roof - 1 year old. All electric & plumbing has been replaced in the building in the last 18 months. There are fifteen 1 BR units / one 3 BR unit / one 4 BR unit. 11 of the 17 units are economically occupied. There are 3 units to finish, with 2 being finished within the next 30 days. This is a great opportunity @ $85,300 per unit, with a proforma 7.07 cape rate.
Last Agent to Sell the Property
RE/MAX Suburban License #475090263 Listed on: 08/12/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,060
Year Built
- Built in 1960
Lot Details
- 11,032 Sq Ft Lot
- Lot Dimensions are 100x110
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 28 Bedrooms
- 19 Bathrooms
Utilities
- Window Unit Cooling System
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for varies by tenant
Community Details
Overview
- 17 Units
Building Details
- Electric Expense $187
- Fuel Expense $15,222
- Insurance Expense $6,413
- Maintenance Expense $9,240
- Other Expense $5,070
- Trash Expense $2,400
- Water Sewer Expense $7,200
- Operating Expense $83,818
- Gross Income $192,000
- Net Operating Income $100,982
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
Sep 9, 2022
Sold by
Bought by
Seller's Agent
Lance Kammes
RE/MAX Suburban
Buyer's Agent
Lance Kammes
RE/MAX Suburban
List Price
$1,450,000
Sold Price
$1,315,000
Premium/Discount to List
-$135,000
-9.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,220
Avg. Annual Appreciation
5.62%
Purchase Details
Closed on
Nov 6, 2018
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
$690,000
Interest Rate
5.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 28, 2006
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
$750,000
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 1999
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
$615,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 20, 1999
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
$615,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chicago West, IL
-
Elizabeth Goodchild
-
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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 |
|---|---|---|---|
| $1,315,000 | Precision Title | ||
| -- | Citywide Tile Corporation | ||
| $995,000 | Law Title Insurance | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $690,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $60,000 | ||
| Previous Owner | $680,000 | ||
| Previous Owner | $615,000 |
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 |
|---|---|---|---|---|
| 09/15/2022 09/15/22 | Sold | $1,315,000 | -9.3% | -- |
| 08/12/2022 08/12/22 | Pending | -- | -- | -- |
| 08/12/2022 08/12/22 | For Sale | $1,450,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $38,265 | $430,514 | $30,197 | $400,317 |
| 2023 | $36,470 | $393,200 | $27,580 | $365,620 |
| 2022 | $31,122 | $328,820 | $27,860 | $300,960 |
| 2021 | $30,060 | $315,210 | $26,710 | $288,500 |
| 2020 | $29,534 | $305,640 | $25,900 | $279,740 |
| 2019 | $28,788 | $291,050 | $24,660 | $266,390 |
| 2018 | $27,748 | $274,570 | $23,260 | $251,310 |
| 2017 | $22,105 | $212,100 | $22,100 | $190,000 |
| 2016 | $23,013 | $210,610 | $20,610 | $190,000 |
| 2015 | $25,717 | $221,000 | $19,080 | $201,920 |
| 2014 | $25,150 | $214,460 | $18,170 | $196,290 |
| 2013 | $25,386 | $222,300 | $18,830 | $203,470 |
Source: Public Records
Agents Affiliated with this Home
-
Lance Kammes
Seller's Agent in 2022
Lance Kammes
RE/MAX Suburban
(630) 868-6315
101 in this area
824 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11490391
APN: 04-10-109-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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