$523,000
SOLD SEP 22, 2025
-- Bed
-- Bath
-- Sq Ft
1972 Built

Recently Sold

2% Above List Price

9 Days on Market

About This Home

As of September 2025

Turnkey, cash-flowing, and fully occupied-this updated 6-unit brick building in Broadview is the kind of low-maintenance asset investors chase but rarely find. Each spacious one-bedroom, one-bath unit has been modernized with new windows, sleek flooring, fresh paint, and updated appliances, making this property as attractive to tenants as it is to your portfolio. Sitting on an oversized 9,450 sq ft lot with off-street parking, it's ideally located just 12 miles from downtown Chicago with easy access to transit and major highways. With zero deferred maintenance, strong rent demand, and stable occupancy, this is a plug-and-play building delivering immediate returns and long-term upside.

Last Agent to Sell the Property

Marcus Carter

Chicagoland Brokers, Inc. License #475166498 Listed on: 06/19/2025

Chicagoland Brokers, Inc.

Last Buyer's Agent

Anam Hargey

Real Broker LLC License #475192201

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,829

Year Built

  • Built in 1972

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Utilities

  • Baseboard Heating

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,000
  • Fuel Expense $3,933
  • Insurance Expense $3,593
  • Trash Expense $500
  • Water Sewer Expense $1,000
  • Operating Expense $7,633
  • Gross Income $73,500
  • Net Operating Income $65,867

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,829

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Electric,Baseboard

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 500
  • Water Sewer Expenses: 1000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 9450
  • Zoning: MULTI
  • Alternate Phone Number: (312) 841-9330

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 65867
  • Fuel Expense: 3933
  • Insurance Expense: 3593
  • ElectricExpense: 1000
  • GrossIncome: 73500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 7633
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 11828.7
  • Tax Year: 2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $523,000 +1.6% --
06/28/2025 06/28/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $514,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $11,829 $43,000 $5,670 $37,330
2024 $11,829 $43,000 $5,670 $37,330
2023 $11,575 $43,000 $5,670 $37,330
2022 $11,575 $34,794 $4,489 $30,305
2021 $11,152 $34,793 $4,488 $30,305
2020 $10,868 $34,793 $4,488 $30,305
2019 $10,288 $29,851 $4,016 $25,835
2018 $9,961 $29,851 $4,016 $25,835
2017 $9,827 $29,851 $4,016 $25,835
2016 $8,595 $24,692 $3,543 $21,149
2015 $8,485 $24,692 $3,543 $21,149
2014 $8,250 $24,692 $3,543 $21,149
2013 $7,896 $25,615 $3,543 $22,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12396719

Midwest Real Estate Data (MRED)