NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: December 28, 2020

Last sale price $435,000

65 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Property is near bus stop
  • Attached Garage

About This Home

As of December 2020

4 unit investment property consisting of a 3 unit building in front and a coach house/garage in the rear. Well kept units with several long term tenants. Front building consists of two 2 bedroom units and one 1 bedroom apartment. Tenants pay their heat and electric. Great, north Forest Park location close to grade school, transportation and downtown Forest Park and Oak Park.

Last Agent to Sell the Property

Steve Nasralla

Compass License #475130818 Listed on: 08/30/2020

Compass

Co-Listed By

Joelle Venzera

Compass License #475163719

Last Buyer's Agent

John Gillespie

RE/MAX Action License #475079704

RE/MAX Action
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • 1918

Lot Details

  • 5,663

Parking

  • Attached Garage
  • Parking Available
  • Off Alley Parking
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • English Basement
  • Patio
  • Property is near bus stop

Community Details

  • Fuel Expense $570

Listing and Financial Details

  • $10,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1918

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Style Of House: Traditional
  • Zoning Type: MULTI
  • Estimated Year Built: 1918
  • Trash Expense Year: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1918

Interior Features

  • Number Of Rooms: 19
  • Basement: English
  • Basement: Finished
  • Bedrooms All Levels: 7
  • Above Grade Bedrooms: 7

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.13

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Parking Details: Off Alley, Side Apron
  • Number Parking Spaces: 3
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas
  • Water Expense: 2178

Fee Information

  • Insurance Expense: 1466
  • Janitorial Fee: 3781
  • Scavenger Fee: 1444

Schools

  • Junior High Dist: 91
  • High School #2: Proviso Mathematics and Science

Lot Info

  • Lot Dimensions: 43 X 147
  • Parcel Identification Number: 15124250040000

Rental Info

  • Total Rental Income: 49020

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 4
  • Fuel Expense: 570

Tax Info

  • Taxes: 11186

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 30, 2020
Closed on
Dec 19, 2020
Sold by
Bought by
Seller's Agent
Steve Nasralla
Compass
Buyer's Agent
John Gillespie
RE/MAX Action
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,121
Outstanding Balance
$370,737
Interest Rate
2.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2005
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
$348,750
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 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
$296,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2001
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
$356,800
Interest Rate
7.25%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Forest Park, IL

See All Agents

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
$435,000 Chicago Title
$465,000 Prairie Title
$370,000 Chicago Title Insurance Co
$223,000 Chicago Title Insurance Co
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 $427,121
Previous Owner $348,750
Previous Owner $296,000
Previous Owner $356,800
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
12/28/2020 12/28/20 Sold $435,000 -3.1% --
11/03/2020 11/03/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $449,000 +3.2% --
09/17/2020 09/17/20 Off Market $435,000 -- --
08/30/2020 08/30/20 For Sale $449,000 -- --
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 $2,022 $64,900 $13,000 $51,900
2024 $1,000 $31,940 $6,500 $25,440
2023 $252 $8,120 $8,120 $0
2022 $223 $7,200 $0 $0
2021 $211 $6,800 $0 $0
2020 $195 $6,300 $0 $0
2019 $141 $5,040 $0 $0
2018 $181 $6,480 $0 $0
2017 $181 $6,480 $0 $0
2016 $76 $2,700 $0 $0
2015 $76 $2,700 $0 $0
2014 $76 $2,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10567654

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.