NOT LISTED FOR SALE
98 Beds
49 Baths
-- Sq Ft
1955 Built

Sale Details

Date Sold: September 16, 2019

Last sale price $760,000 $0 Per Sq Ft

63 Days on Market

About This Home

As of September 2019

Stand-alone, 7-unit apartment building. No HOA encumbrances. Great condition, majority of units recently upgraded, hardwood floors throughout. All 2-bedroom. Separately metered utilities...tenants pay water, gas and electric. Below market rents offer considerable upside to investor.

Last Agent to Sell the Property

Eric Spiess

Inland Real Estate Commercial Brokerage, INC License #475136763 Listed on: 06/13/2019

Co-Listed By

Paul Montes

Tucker Healy, LLC License #471015254

Last Buyer's Agent

Susan Xu

HomeSmart Connect LLC License #475187135

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $968
  • Insurance Expense $4,160

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1955

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Community, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2018
  • Net Oper Income: 51617
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 2872
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Scavenger Expense: 1540
  • Total Annual Exp: 33907
  • Total Monthly Income: 7057
  • Unincorporated: Yes
  • Number of Ranges: 7
  • Number Of Refrigs: 7
  • Number Of Window A C: 7
  • Number Of Stories: 2
  • Estimated Year Built: 1955
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1955

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick, Wood Frame
  • Frontage Access: Public Road

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Central Bldg Heat, Hot Water
  • Water Expense: 548

Condo/Co-op/Association

  • Units in Building: 7

Fee Information

  • Electricity Expense: 777
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 657

Lot Info

  • Lot Dimensions: 82X185
  • Lot Sq Ft: 15170
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 02231010640000

Rental Info

  • Gross Rental Income: 84684
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Fuel Expense: 968
  • Insurance Expense: 4160
  • Number Of Dishwashers: 7
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 19468
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/16/2019 09/16/19 Sold $760,000 -10.5% --
08/15/2019 08/15/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $849,000 -- --
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 $25,589 $88,000 $9,318 $78,682
2024 $25,589 $86,438 $7,987 $78,451
2023 $24,756 $86,438 $7,987 $78,451
2022 $24,756 $86,438 $7,987 $78,451
2021 $19,941 $61,400 $4,658 $56,742
2020 $19,643 $61,400 $4,658 $56,742
2019 $20,240 $70,575 $4,658 $65,917
2018 $19,843 $63,850 $4,326 $59,524
2017 $19,467 $63,850 $4,326 $59,524
2016 $18,104 $63,850 $4,326 $59,524
2015 $17,088 $55,615 $3,993 $51,622
2014 $16,880 $55,615 $3,993 $51,622
2013 $17,357 $58,686 $3,993 $54,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10415571

Midwest Real Estate Data (MRED)
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