NOT LISTED FOR SALE
11 Beds
8 Baths
4,270 Sq Ft
3,485 Sq Ft

Last Sold November 29, 2023

Last sale price $720,000 $169 Per Sq Ft

108 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

BELMONT - CRAGIN GREAT BRICK 7 UNIT W/ 2 CAR GARAGE!!! LARGE CORNER LOT!!! OWNER RETIRING. FEATURING TWO - 2 BDRM / ONE -3 BDRM / FOUR - 1 BDRM. ALL UNIT'S SEPARATE HEAT & ELECTRIC. ALL UNIT'S CENTRAL AIR CONDITIONING. RENTS BELOW MARKET DO TO LONG TERM TENANTS. INCREASE RENT AND CREATE A GREAT VALUE AND OPPORTUNITY STEPS FROM BRICKYARD MALL, TRANSPORTATION. JUST DRIVE BY. SCHEDULE YOUR APPOINTMENT TODAY!!!!!

Last Agent to Sell the Property

Maxine Dugar

Charles Rutenberg Realty License #475102030 Listed on: 06/29/2023

Charles Rutenberg Realty

Last Buyer's Agent

Behid Vulic

Coldwell Banker Realty License #475164711

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,847

Year Built

  • Built in 1931

Lot Details

  • 3,780 Sq Ft Lot
  • Lot Dimensions are 31.2 x 125.7
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $428
  • Fuel Expense $2,472
  • Insurance Expense $3,208
  • Maintenance Expense $400
  • Trash Expense $3,444
  • Water Sewer Expense $3,000
  • Operating Expense $13,452
  • Gross Income $80,412
  • Net Operating Income $13,452

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,847

Year Built

Built in 1931

Lot Details

3,780 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1931
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 11
  • Basement Description: Unfinished
  • Misc Inside: Laundry Room
  • Fireplaces: 1
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Frontage Type: City Street
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: Lighted,Parking-Street

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Utilities: Water-Municipal
  • Heat/Ventilation: Forced Air

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 3444
  • Water Sewer Expenses: 3000

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 31.2 X 125.7
  • Lot Size Sq Ft: 3780
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 13452
  • Fuel Expense: 2472
  • Insurance Expense: 3208
  • ElectricExpense: 428
  • GrossIncome: 80412
  • Maintenance Expense: 400
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 13452
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 7847
  • Tax Year: 2021
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold $720,000 0.0% $169 / Sq Ft
10/31/2023 10/31/23 Off Market $720,000 -- --
10/16/2023 10/16/23 Pending -- -- --
09/30/2023 09/30/23 Price Changed $739,900 -3.9% $173 / Sq Ft
09/06/2023 09/06/23 For Sale $769,900 0.0% $180 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $769,900 -8.3% $180 / Sq Ft
06/29/2023 06/29/23 For Sale $839,900 -- $197 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $8,233 $62,000 $6,993 $55,007
2024 $8,233 $62,000 $6,993 $55,007
2023 $8,026 $39,000 $5,670 $33,330
2022 $8,026 $39,000 $5,670 $33,330
2021 $7,847 $39,000 $5,670 $33,330
2020 $6,781 $30,424 $4,725 $25,699
2019 $7,112 $35,377 $4,725 $30,652
2018 $6,992 $35,377 $4,725 $30,652
2017 $8,713 $40,453 $4,158 $36,295
2016 $8,107 $40,453 $4,158 $36,295
2015 $8,404 $45,837 $4,158 $41,679
2014 $7,629 $41,086 $3,780 $37,306
2013 $7,478 $41,086 $3,780 $37,306
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11819509

Midwest Real Estate Data (MRED)

APN: 13312090190000

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