NOT LISTED FOR SALE
9 Beds
6 Baths
7,394 Sq Ft
3,225 Sq Ft Lot

Sale Details

Date Sold: January 18, 2024

Last sale price $325,000 $44 Per Sq Ft

43 Days on Market

About This Home

As of January 2024

This well built 6 unit brick multi-family building is in the greater Roseland neighborhood. Five units are currently occupied and 1 unit will be occupied by 9/30/23. This property has 3 two bedroom units and 3 one bedroom units. All units have a spacious living room and dining room. Each unit is individually heated. Detached 3 car garage with ample street parking and a fenced-in backyard. This property is close to public transportation, the renowned A P Deli (corn beef sandwiches), Palmer Park, Walmart, Roseland Community Hospital and much more. This property is being sold AS IS.

Last Agent to Sell the Property

Edna Rutherford

Exit Strategy Realty / EMA Management License #475155625 Listed on: 09/15/2023

Exit Strategy Realty / EMA Management

Last Buyer's Agent

Rosemary Spaulding

RW Spaulding Real Estate LLC License #471020579

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 1905

Lot Details

  • 3,225 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,394 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat, varies by tenant

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,000
  • Fuel Expense $2,100
  • Insurance Expense $3,838
  • Manager Expense $3,600
  • Other Expense $1,400
  • Trash Expense $1,800
  • Water Sewer Expense $2,300
  • Operating Expense $19,778
  • Gross Income $62,500
  • Net Operating Income $42,722

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,720

Year Built

Built in 1905

Lot Details

3,225 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1905
  • Built Before 1978 (Y/N): Yes
  • Information: 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: 6
  • Total Bedrooms: 9
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Forced Air

Condo/Co-op/Association

  • Manager Expense: 3600

Fee Information

  • Trash Expense: 1800
  • Water Sewer Expenses: 2300

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 25X125
  • Lot Size Sq Ft: 3225
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Varies by Tenant
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 7394

Multi Family

  • Net Operating Income: 42722
  • Fuel Expense: 2100
  • Insurance Expense: 3838
  • ElectricExpense: 1000
  • GrossIncome: 62500
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 19778
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 2720
  • Tax Year: 2021

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
Sep 15, 2023
Closed on
Dec 4, 2023
Sold by
Imagine Realty Leasing Llc
Bought by
Seller's Agent
Edna Rutherford
Exit Strategy Realty / EMA Management
Buyer's Agent
Rosemary Spaulding
RW Spaulding Real Estate LLC
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
First National Bank Of Illinois
Bought by
Imagine Realty Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.21%
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 Roseland, IL

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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
$325,000 None Listed On Document
Imagine Realty Leasing Llc $350,000 Cti
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
Closed $40,000
Previous Owner Rose Garden Community Development Llc $260,000
Previous Owner Imagine Realty Leasing Llc $270,000
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
01/18/2024 01/18/24 Sold $325,000 -3.0% $44 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $335,000 -2.9% $45 / Sq Ft
09/16/2023 09/16/23 For Sale $345,000 -- $47 / 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 $1,604 $7,961 $1,935 $6,026
2024 $959 $7,961 $1,935 $6,026
2023 $936 $4,537 $3,064 $1,473
2022 $936 $4,537 $3,064 $1,473
2021 $915 $4,535 $3,063 $1,472
2020 $906 $4,059 $2,096 $1,963
2019 $902 $4,478 $2,096 $2,382
2018 $887 $4,478 $2,096 $2,382
2017 $1,314 $6,091 $1,935 $4,156
2016 $1,223 $6,091 $1,935 $4,156
2015 $1,119 $6,091 $1,935 $4,156
2014 $804 $4,320 $1,612 $2,708
2013 $1,281 $7,028 $1,612 $5,416
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11886007

Midwest Real Estate Data (MRED)
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