NOT LISTED FOR SALE

2216 S 17th Ave North Riverside, IL 60546

10 Beds
5 Baths
3,926 Sq Ft
4,850 Sq Ft Lot

Last Sold July 27, 2021

Last sale price $435,000 $111 Per Sq Ft

Highlights

  • Laundry Room
  • Riverside Brookfield High School Rated A
  • Hot Water Heating System

About This Home

As of July 2021

Great income potential here. Brick 5 unit building each with 2 bedrooms, 1 bath. High rental demand with this location near public transportation, shopping and expressways, forest preserve biking, walking path! Parking at rear of building, basement storage and laundry area. Long time tenants (8-20+ years!) are all month to month. Reduced rent for one unit in exchange for maintenance services. One apartment is being left vacant for new owner's plan. Units need updating. Please DO NOT DISTURB TENANTS. Property being sold AS IS with buyer accepting responsibility for village compliance.

Last Agent to Sell the Property

Janet Lucas

Coldwell Banker Realty License #471004569 Listed on: 06/03/2021

Coldwell Banker Realty

Last Buyer's Agent

Joseph Giannini

Agent Realty Partners License #475191091

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,826

Year Built

  • Built in 1960

Lot Details

  • 4,850 Sq Ft Lot
  • Lot Dimensions are 45 x 108

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,926 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $342
  • Fuel Expense $1,890
  • Insurance Expense $1,979
  • Trash Expense $1,760
  • Water Sewer Expense $3,412
  • Operating Expense $20,274
  • Gross Income $37,200
  • Net Operating Income $16,926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,826

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1960
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Possible Use: Multi-Family
  • Misc Inside: Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 5
  • Ranges: 5
  • Number of Windows: 0
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 425000
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Gas,Hot Water
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

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

Fee Information

  • Trash Expense: 1760
  • Water Sewer Expenses: 3412
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 45 X 108
  • Lot Size Sq Ft: 4850
  • Zoning: MULTI
  • Land Amenities: Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 3926
  • Building Unit Info: No Units Furnished

Multi Family

  • Net Operating Income: 16926
  • Fuel Expense: 1890
  • Insurance Expense: 1979
  • ElectricExpense: 342
  • GrossIncome: 37200
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 20274
  • Expense Year: 2020
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 10826
  • Tax Year: 2019

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
07/27/2021 07/27/21 Sold $435,000 +2.4% $111 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $425,000 -- $108 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11109752

Midwest Real Estate Data (MRED)