NOT LISTED FOR SALE
-- Bed
5 Baths
2,904 Sq Ft
1953 Built

Sale Details

Date Sold: March 3, 2025

Last sale price $455,000 $157 Per Sq Ft

13 Days on Market

About This Home

As of March 2025

GREAT INVESTMENT OPPORTUNITY! LEGAL 6 UNIT SOLID BRICK BUILDING IN GOOD CONDITION. ALL UNITS ARE 2 BEDROOM, 1 BATH. 5 OUT OF 6 UNITS HAVE BEEN REMODELED. ALL UNITS HAVE SEPARATE NEW WATER HEATERS. SEPARATE UTILITIES FOR EACH UNIT. SIGNIFICANT POTENTIAL TO INCREASE RENTAL INCOME! CLOSE TO PUBLIC TRANSPORTATION. JUST MINUTES TO THE DOWNTOWN BUSINESS DISTRICT. WALKING DISTANCE TO PINK LINE AND METRA. PRICED TO SELL FAST!

Last Agent to Sell the Property

Dmitry Livshis

Liv Realty Inc License #471017655 Listed on: 10/11/2024

Last Buyer's Agent

Paul Tsakiris

First Western Properties License #471005153

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1953

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,904 Sq Ft Home
  • 3-Story Property

Lot Details

  • Lot Dimensions are 25 x 125

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $269
  • Insurance Expense $2,001
  • Maintenance Expense $1,200
  • Trash Expense $1,427
  • Water Sewer Expense $2,940
  • Operating Expense $13,892
  • Gross Income $69,420
  • Net Operating Income $55,527

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,853

Year Built

Built in 1953

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1953
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick

Utilities

  • Cooling: None
  • Heat/Ventilation: Wall Unit

Fee Information

  • Trash Expense: 1427
  • Water Sewer Expenses: 2940

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 2
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 2904

Multi Family

  • Net Operating Income: 55527
  • Insurance Expense: 2001
  • ElectricExpense: 269
  • GrossIncome: 69420
  • Maintenance Expense: 1200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 13892
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 4852.57
  • Tax Year: 2023

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
Oct 11, 2024
Closed on
Feb 27, 2025
Sold by
Bought by
Seller's Agent
Dmitry Livshis
Liv Realty Inc
Buyer's Agent
Paul Tsakiris
First Western Properties
List Price
$499,900
Sold Price
$455,000
Premium/Discount to List
-$44,900
-8.98%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
0.0696%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 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
$250,500
Interest Rate
0.0525%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 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
$100,000
Interest Rate
0.0703%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 1999
Sold by
Bought by
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
$455,000 None Listed On Document
$215,000 Prairie Title
-- None Available
$140,000 First American Title
-- --
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 $392,000
Previous Owner $250,500
Previous Owner $100,000
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
03/03/2025 03/03/25 Sold $455,000 -9.0% $157 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $499,900 -- $172 / Sq Ft
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 $4,853 $32,845 $4,531 $28,314
2024 $4,853 $32,845 $4,531 $28,314
2023 $4,730 $23,000 $3,672 $19,328
2022 $4,730 $23,000 $3,672 $19,328
2021 $4,625 $22,999 $3,671 $19,328
2020 $3,884 $17,433 $3,671 $13,762
2019 $4,073 $20,272 $3,671 $16,601
2018 $4,004 $20,272 $3,671 $16,601
2017 $4,399 $20,434 $3,281 $17,153
2016 $4,093 $20,434 $3,281 $17,153
2015 $3,744 $20,434 $3,281 $17,153
2014 $3,331 $17,953 $3,125 $14,828
2013 $3,265 $17,953 $3,125 $14,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11853808

Midwest Real Estate Data (MRED)

APN: 16244220180000

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