NOT LISTED FOR SALE
11 Beds
6 Baths
-- Sq Ft
1968 Built

Last Sold February 19, 2021

Last sale price $950,000

4 Days on Market

About This Home

As of February 2021

First time available in 21 years, new to market, stand-alone 6-flat in the heart of Naperville. Walking distance to Metra and downtown Naperville. Adjacent to North Central College. Unit Mix: 5 2-bedroom units and 1 studio unit. Limited supply with underserved rental demand. 7+ CAP rate on actuals.

Last Agent to Sell the Property

Paul Montes

Tucker Healy, LLC License #471015254 Listed on: 01/25/2021

Co-Listed By

Eric Spiess

Inland Real Estate Commercial Brokerage, INC License #475136763

Last Buyer's Agent

Kevin Rampersad

RE/MAX Professionals Select License #471011302

RE/MAX Professionals Select

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Community Details

  • Fuel Expense $1,524
  • Insurance Expense $2,317

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Estimated Age: 26-35 Years
  • Net Oper Income: 66170
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1837
  • Scavenger Expense: 750
  • Total Annual Exp: 24190
  • Total Annual Income: 90360
  • Total Monthly Income: 7530
  • Number Of Stories: 2
  • Estimated Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1968

Exterior Features

  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Heatventilation: Hot Water
  • Water Expense: 513

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 2000

Lot Info

  • Lot Dimensions: 51X151
  • Parcel Identification Number: 0818132008

Rental Info

  • Gross Rental Income: 89280
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Fuel Expense: 1524
  • Gross Rent Multiplier: 10
  • Insurance Expense: 2317

Tax Info

  • Taxes: 15249

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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
02/19/2021 02/19/21 Sold $950,000 +2.7% --
01/29/2021 01/29/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $925,000 -- --
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: MRD10978989

Midwest Real Estate Data (MRED)