NOT LISTED FOR SALE
7 Beds
5 Baths
-- Sq Ft
1951 Built

Sale Details

Date Sold: April 29, 2022

Last sale price $470,000

49 Days on Market

About This Home

As of April 2022

COME CHECK OUT THIS STRONG INCOME PRODUCER WITH ROOM TO INCREASE AND ADD-ON-VALUE! 5-UNIT BUILDING HAS BEEN METICULOUSLY MAINTAINED BY CURRENT OWNER! SELLERS HAVE INVESTED $35K IN RENOVATIONS AND FULLY UPDATED 2 UNITS. CLOSE TO HIGHWAY AND TRANSPORTATION - TENANTS PAY OWN ELECTRIC - COIN-OP LAUNDRY. BUILDING TRULY IS ARMCHAIR INVESTMENT! MINIMUM 24HRS NOTICE FOR ALL SHOWING REQUESTS. SCHEDULE TODAY!

Last Agent to Sell the Property

Robert Fleckenstein

First In Realty, Inc. License #475168443 Listed on: 01/14/2022

Last Buyer's Agent

Debra Gatson

Baird & Warner License #475148620

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,484

Year Built

  • Built in 1951

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Lot Details

  • Lot Dimensions are 50 x 125
  • Additional Parcels

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 5 Units
  • Gross Income $55,980

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,484

Year Built

Built in 1951

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1951
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Roof: Tar and Gravel
  • Roof Structure: Flat

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Baseboard

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50 X 125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • GrossIncome: 55980
  • NumberOfUnitsTotal: 5
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 10484
  • Tax Year: 2020

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
Jan 14, 2022
Closed on
Apr 27, 2022
Sold by
Bought by
Seller's Agent
Robert Fleckenstein
First In Realty, Inc.
Buyer's Agent
Debra Gatson
Baird & Warner
List Price
$479,900
Sold Price
$470,000
Premium/Discount to List
-$9,900
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,600
Interest Rate
0.0383%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2019
Closed on
Jun 21, 2019
Sold by
Bought by
Seller's Agent
Esmeralda Gil
WE Realty
Buyer's Agent
Robert Fleckenstein
First In Realty, Inc.
List Price
$389,900
Sold Price
$355,000
Premium/Discount to List
-$34,900
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$284,000
Interest Rate
0.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 31, 2017
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
$2,773,600
Interest Rate
0.04%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$470,000 Old Republic Title
$355,000 Chicago Title Insurance Co
$200,000 Chicago Title Insurance Comp
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 $352,600
Previous Owner $284,000
Previous Owner $2,773,600
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 Prior Sale
04/29/2022 04/29/22 Sold $470,000 -2.1% --
03/05/2022 03/05/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $479,900 +35.2% --
06/24/2019 06/24/19 Sold $355,000 -9.0% -- View Prior Sale
04/16/2019 04/16/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $389,900 -- --
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 $5,227 $19,000 $1,890 $17,110
2024 $5,227 $19,000 $1,890 $17,110
2023 $5,583 $19,000 $1,890 $17,110
2022 $5,583 $16,784 $1,496 $15,288
2021 $5,380 $16,783 $1,496 $15,287
2020 $5,242 $16,783 $1,496 $15,287
2019 $4,246 $12,320 $1,338 $10,982
2018 $4,111 $12,320 $1,338 $10,982
2017 $4,056 $12,320 $1,338 $10,982
2016 $3,501 $10,059 $1,181 $8,878
2015 $3,457 $10,059 $1,181 $8,878
2014 $3,361 $10,059 $1,181 $8,878
2013 $3,513 $11,397 $1,181 $10,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11304642

Midwest Real Estate Data (MRED)
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