NOT LISTED FOR SALE
11 Beds
8 Baths
4,270 Sq Ft
3,780 Sq Ft Lot

Sale Details

Date 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

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
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

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 $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

Agents Affiliated with this Home

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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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