NOT LISTED FOR SALE
10 Beds
5 Baths
3,926 Sq Ft
4,850 Sq Ft Lot

Sale Details

Date 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

4,850 Sq Ft Lot

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
  • SomePhotosVirtuallyStaged: No
  • 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 Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • 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

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
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 10826
  • Tax Year: 2019

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
Jun 3, 2021
Closed on
Jul 27, 2021
Sold by
Bought by
Seller's Agent
Janet Lucas
Coldwell Banker Realty
Buyer's Agent
Joseph Giannini
Agent Realty Partners
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
0.0293%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 10, 1994
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
$435,000 Old Republic Title
$290,000 --
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 $432,000
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
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

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 $12,306 $51,000 $3,880 $47,120
2024 $12,306 $51,000 $3,880 $47,120
2023 $12,768 $51,000 $3,880 $47,120
2022 $12,768 $43,523 $3,395 $40,128
2021 $12,338 $43,523 $3,395 $40,128
2020 $12,125 $43,523 $3,395 $40,128
2019 $10,826 $42,412 $3,152 $39,260
2018 $10,622 $42,412 $3,152 $39,260
2017 $10,447 $42,412 $3,152 $39,260
2016 $10,163 $39,004 $2,910 $36,094
2015 $9,920 $39,004 $2,910 $36,094
2014 $9,971 $39,004 $2,910 $36,094
2013 $7,739 $32,119 $2,910 $29,209
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)
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