NOT LISTED FOR SALE

2290 Century Point Ln Glendale Heights, IL 60139

Estimated Value: $863,000 - $1,004,904

12 Beds
6 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold June 14, 2016

Last sale price $523,000

Est. 79% increase in value since last sale

Current estimated payment $6,748/month

9 Days on Market

About This Home

As of June 2016

Turn-key Fully Rented 6-unit Building in Desired Area. Extremely Convenient Access to Expressways, Walking Distance to Westlake Plaza Shopping Center, Banks, Restaurants, Shops, and Public Transportation. All units are in Quality Condition and the HOA Manages all The Lawn Care, Snow Removal, Garbage, TV/Cable, Parking Lots, and Common Insurance. Also, The HOA Has a Leasing Office That Will Find and Run a Credit & Background Check on Tenants for you and if you approve it's only a $400 Fee! 2296 Century Point Ln. is also for sale MLS#09137484.

Last Agent to Sell the Property

Peter Vanderveld

United Real Estate - Chicago License #475142543 Listed on: 02/11/2016

United Real Estate - Chicago

Last Buyer's Agent

Linda Curcio

RE/MAX Suburban

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,376

Year Built

  • 1986

Lot Details

  • 2,178

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $2,780
  • Insurance Expense $2,322

Listing and Financial Details

  • Tenant pays for air conditioning, electric
  • $3,300 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,376

Year Built

1986

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2015
  • Net Oper Income: 39979
  • Outdoor Parking: 6-12 Spaces
  • Owners Assoc: Yes
  • Repairs Decor Expense: 3450
  • Roof Coverings: Shingle Composition
  • Roof Structure: Mansard
  • Total Annual Exp: 32756
  • Total Annual Income: 72735
  • Total Monthly Income: 6061
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1986
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1986

Interior Features

  • Basement: Slab
  • Total Fireplaces: 6

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.05
  • Construction: Concrete Block
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s
  • Heatventilation: Central Bldg Heat, Hot Water, Baseboard
  • Water Expense: 3643

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Parking, Common Insurance, TV/Cable, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Electricity Expense: 458
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 60X36
  • Lot Sq Ft: 2160
  • Land Amenities: Children's Play Yard, Curbs and Gutters, Lighting/Exterior, Sidewalks, Cable Ready
  • Parcel Identification Number: 0222110062

Rental Info

  • Gross Rental Income: 71760
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2015
  • Fuel Expense: 2780
  • Insurance Expense: 2322
  • Other Expenses: 4500
  • Number Of Dishwashers: 6
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 15603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Doan Cuong and Ngo Thuy
Bought by
Aeap Llc
Current Estimated Value
$933,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,874
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 21, 2018
Sold by
Samaksh Properties Llc
Bought by
Doan Cuong and Ngo Thuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 11, 2016
Closed on
Jun 14, 2016
Sold by
Series Eagle Investments Of Seahawk Mana
Bought by
Samaksh Properties Llc
Seller's Agent
Peter Vanderveld
United Real Estate - Chicago
Buyer's Agent
Linda Curcio
RE/MAX Suburban
List Price
$530,000
Sold Price
$523,000
Premium/Discount to List
-$7,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$418,400
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2014
Sold by
Vinkev Enterprises Llc
Bought by
Series Eagle Investments Of Seahawk Mana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Century Point 6 Llc
Bought by
Vinkev Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Aeap Llc $618,000 First American Title
Doan Cuong $565,000 Fidelity National Title
Samaksh Properties Llc $523,000 First American Title Company
Series Eagle Investments Of Seahawk Mana $500,000 First American
Vinkev Enterprises Llc $620,000 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Aeap Llc $350,874
Previous Owner Doan Cuong $380,000
Previous Owner Samaksh Properties Llc $418,400
Previous Owner Series Eagle Investments Of Seahawk Mana $800,000
Previous Owner Vinkev Enterprises Llc $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2016 06/14/16 Sold $523,000 -1.3% --
02/20/2016 02/20/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $530,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $20,376 $221,230 $7,141 $214,089
2023 $21,761 $229,500 $6,530 $222,970
2022 $15,984 $158,950 $5,710 $153,240
2021 $15,763 $151,020 $5,420 $145,600
2020 $14,899 $147,340 $5,290 $142,050
2019 $18,836 $185,570 $5,080 $180,490
2018 $17,590 $158,150 $17,170 $140,980
2017 $16,947 $146,580 $15,910 $130,670
2016 $16,255 $135,650 $14,720 $120,930
2015 $16,069 $126,590 $13,740 $112,850
2014 $15,603 $122,050 $13,740 $108,310
2013 $17,818 $143,950 $14,210 $129,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09137490

Midwest Real Estate Data (MRED)

APN: 02-22-110-062