NOT LISTED FOR SALE

Estimated Value: $383,000 - $1,856,955

6 Beds
-- Bath
18,272 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $700,000 $38 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,563/month

128 Days on Market

About This Home

As of January 2018

4 Building Apartment Complex, 2106, 2108, 2110 and 2112 sold as One Package. Built between 1970-1974. The Legal Description and Tax ID# are for 2106 Only. The Lot Size, Real Estate Taxes and Income and Expenses are for All Four Buildings. Each Building has own Coin Operated Laundry, Owner pays Water, Gas and Garbage. Newer Broiler in 2106, 2108, and 2110.

Last Agent to Sell the Property

Pamela Rieger

Schrof Companies Inc License #471001082 Listed on: 06/19/2017

Co-Listed By

Greg Schrof

Schrof Companies Inc

Last Buyer's Agent

Pamela Rieger

Schrof Companies Inc License #471001082 Listed on: 06/19/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,575

Year Built

  • Built in 1970

Lot Details

  • 1.34

Home Design

  • Slab Foundation

Interior Spaces

  • 18,272 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 28 Units

Building Details

  • Electric Expense $4,115
  • Fuel Expense $6,519
  • Insurance Expense $10,280
  • Maintenance Expense $6,186
  • Manager Expense $6,628
  • Other Expense $3,609
  • Water Sewer Expense $11,187
  • Operating Expense $81,795
  • Gross Income $151,920
  • Net Operating Income $72,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,575

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1970
  • Legal Description: FOURTH ADDN TO LINCOLNWOOD SUBN LOT 167
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Slab,None

Exterior Features

  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Outdoor Parking: 31-50 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Hot Water,Gas

Condo/Co-op/Association

  • Manager Expense: 6628
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 11187

Lot Info

  • Lot Dimensions: 58,440

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Building Info

  • BuildingAreaTotal: 18272

Multi Family

  • Net Operating Income: 72125
  • Fuel Expense: 6519
  • Insurance Expense: 10280
  • ElectricExpense: 4115
  • GrossIncome: 151920
  • Maintenance Expense: 6186
  • NumberOfUnitsTotal: 28
  • OperatingExpense: 81795
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 25575
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Imat Group Llc
Bought by
Blono Fund Ii Llc
Current Estimated Value
$1,201,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,294,000
Outstanding Balance
$3,131,130
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
-$1,929,812
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blono Fund Ii Llc $1,645,333 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blono Fund Ii Llc $3,294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $700,000 -16.7% $38 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $840,000 -- $46 / Sq Ft
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
2024 $27,388 $416,919 $117,002 $299,917
2022 $27,388 $322,249 $90,434 $231,815
2021 $25,071 $295,000 $82,787 $212,213
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10245751

Midwest Real Estate Data (MRED)

APN: 14-35-481-019