NOT LISTED FOR SALE
16 Beds
8 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: December 6, 2019

Last sale price $975,000 $0 Per Sq Ft

3 Days on Market

About This Home

As of December 2019

Pilsen 8 unit with value-add potential. Mix of leases, M/M, vacant. Very attractive capitalization rate relative to comps. Please view 3D tour, and call Agent before requesting showing.

Last Agent to Sell the Property

James Scully

@properties Commercial License #475171707 Listed on: 10/01/2019

@properties Commercial

Last Buyer's Agent

Mitir Patel

Essex 312, LLC License #475157343

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1890

Lot Details

  • 2,178

Community Details

  • Insurance Expense $3,893

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 76460
  • Scavenger Expense: 1100
  • Total Annual Exp: 16900
  • Total Annual Income: 93360
  • Total Monthly Income: 7780
  • Number Of Stories: 3
  • Estimated Year Built: 1890
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Exterior Features

  • Acreage: 0.05
  • Construction: Brick

Utilities

  • Heatventilation: Space Heaters
  • Water Expense: 3000

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 300

Lot Info

  • Lot Dimensions: 8278
  • Parcel Identification Number: 17301110310000

Rental Info

  • Gross Rental Income: 93360
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Gross Rent Multiplier: 10
  • Insurance Expense: 3893

Tax Info

  • Taxes: 8607

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
Oct 1, 2019
Closed on
Dec 6, 2019
Sold by
Bought by
Seller's Agent
James Scully
@properties Commercial
Buyer's Agent
Mitir Patel
Essex 312, LLC
List Price
$925,000
Sold Price
$975,000
Premium/Discount to List
$50,000
5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,944
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 13, 2004
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
$340,000
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2002
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
$311,500
Interest Rate
7.5%
Mortgage Type
Commercial
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
$975,000 Heritage Title Company
$430,000 Stewart Title Of Illinois
$445,000 --
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
Closed $828,944
Previous Owner $340,000
Previous Owner $311,500
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
12/06/2019 12/06/19 Sold $975,000 +5.4% --
10/04/2019 10/04/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $925,000 -- --
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 $12,902 $83,191 $9,250 $73,941
2024 $12,902 $71,656 $9,250 $62,406
2023 $15,226 $61,149 $7,500 $53,649
2022 $15,226 $74,027 $7,500 $66,527
2021 $15,283 $76,000 $7,500 $68,500
2020 $3,866 $17,356 $5,875 $11,481
2019 $8,324 $41,433 $5,875 $35,558
2018 $8,607 $43,574 $5,875 $37,699
2017 $9,764 $45,359 $5,125 $40,234
2016 $9,085 $45,359 $5,125 $40,234
2015 $8,312 $45,359 $5,125 $40,234
2014 $6,159 $33,193 $4,500 $28,693
2013 $6,759 $37,165 $4,500 $32,665
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10534084

Midwest Real Estate Data (MRED)

APN: 17301110310000

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