E
Seller's Agent in 2023
Emily Habich
Marcus & Millichap Chicago Apartment Brokers
(630) 570-2235
2 in this area
18 Total Sales
2116 S 14th Ave Broadview, IL 60155
South Maywood Neighborhood
8
Beds
6
Baths
4,158
Sq Ft
9,450
Sq Ft Lot
About This Home
As of July 2023Turn-key investment opportunity and ready for immediate cash flow! Well-maintained, six-unit apartment property located in Broadview. Unit mix consists of 4 one-bedroom units and 2 two-bedroom units. All units are above-grade, and 3 of the units are recently renovated! Property features a newly configured hot water baseboard heat system, ample off-street parking, and a slab on grade foundation. The area provides convenient access to Interstate 290 as well as the Metra Station and CTA Commuter Train Stops. Multiple retail and dining options are within walking distance of the property.
Last Agent to Sell the Property
Marcus & Millichap Chicago Apartment Brokers License #475186663 Listed on: 04/04/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,596
Year Built
- Built in 1962
Lot Details
- 9,450 Sq Ft Lot
Interior Spaces
- 4,158 Sq Ft Home
- 1-Story Property
- Exterior Basement Entry
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Utilities
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $818
- Fuel Expense $5,572
- Insurance Expense $1,800
- Maintenance Expense $1,800
- Manager Expense $3,511
- Other Expense $3,805
- Water Sewer Expense $5,294
- Operating Expense $35,996
- Gross Income $73,548
- Net Operating Income $34,224
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $425,000 | -8.6% | $102 / Sq Ft |
| 05/06/2023 05/06/23 | Pending | -- | -- | -- |
| 05/05/2023 05/05/23 | For Sale | $465,000 | 0.0% | $112 / Sq Ft |
| 04/25/2023 04/25/23 | Pending | -- | -- | -- |
| 04/04/2023 04/04/23 | For Sale | $465,000 | -- | $112 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Emily Habich
-
Domenico Di Brizzi
D
Buyer's Agent in 2023
Domenico Di Brizzi
Home One Realty
(708) 516-8755
1 in this area
41 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11751414
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