NOT LISTED FOR SALE

Estimated Value: $856,000 - $910,987

22 Beds
12 Baths
-- Sq Ft
0.61 Acres

Last Sold October 27, 2023

Last sale price $815,000

Est. 8% increase in value since last sale

Current estimated payment $6,747/month

6 Days on Market

About This Home

As of October 2023

Stabilized 12-unit multifamily property located in Zion across the street from Shiloh Golf Course. 10 2bd apartments and 2 1bd apartments - fully rented at time of listing. Great cash flow at present and PM is in process of increasing rents through this summer and fall. All units are electric baseboard heat that tenants pay. Leased coin-operated laundry room (2) and owner pays gas for two water heaters. INQUIRE TODAY!

Last Agent to Sell the Property

Brent Horvay

The Horvay Group LLC License #471001904 Listed on: 07/24/2023

Last Buyer's Agent

Adam Taylor

PRS Realty LLC License #471005936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,898

Year Built

  • Built in 1962

Lot Details

  • 0.61

Interior Spaces

  • 3-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 12 Bathrooms

Additional Features

  • Lot Dimensions are 183x199
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $2,833
  • Fuel Expense $2,518
  • Maintenance Expense $17,845
  • Other Expense $19,927
  • Trash Expense $4,718
  • Water Sewer Expense $6,792
  • Operating Expense $79,100
  • Gross Income $141,012
  • Net Operating Income $62,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,898

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1962
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 22
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 824900

Utilities

  • Heat/Ventilation: Electric

Fee Information

  • Trash Expense: 4718
  • Water Sewer Expenses: 6792
  • Janitor Expense: 3800
  • Operating Expense Includes: Legal,Licenses,Manager,Pest Control,Professional Management,Snow Removal,Trash,Utilities,Water/Sewer,Electricity,Gas,Real Estate Tax,Hot Water

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 183X199

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 62000
  • Fuel Expense: 2518
  • ElectricExpense: 2833
  • GrossIncome: 141012
  • Maintenance Expense: 17845
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 79100
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 21897.7
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Oct 18, 2023
Sold by
Blue Path Investments Llc
Bought by
Bottomline Innovators Ii Llc Series 2320-2328
Seller's Agent
Brent Horvay
The Horvay Group LLC
Buyer's Agent
Adam Taylor
PRS Realty LLC
List Price
$824,900
Sold Price
$815,000
Premium/Discount to List
-$9,900
-1.2%
Views
46
Current Estimated Value
$883,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,494
Avg. Annual Appreciation
4.72%
Original Mortgage
$611,250
Outstanding Balance
$601,789
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$277,664

Purchase Details

Listed on
Dec 13, 2017
Closed on
May 16, 2018
Sold by
Plascencia Jose A
Bought by
Blue Path Investmets Llc
Seller's Agent
Adam Taylor
PRS Realty LLC
Buyer's Agent
Non Member
NON MEMBER
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$450,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2016
Sold by
Chicago Asset Management Llc
Bought by
Plascencia Jose A

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
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2014
Sold by
Ballenger Johnnie M
Bought by
Chicago Asset Management Llc

Purchase Details

Closed on
Oct 13, 1998
Sold by
Ballenger Lawrence C and Ballenger Johnnie M
Bought by
Ballenger Lawrence C and Ballenger Johnnie M

Purchase Details

Closed on
Sep 10, 1996
Sold by
Ballenger Lawrence C
Bought by
Ballenger Lawrence C and Ballenger Johnnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 1996
Sold by
First Midwest Trust Company Natl Assn
Bought by
Ballenger Lawrence C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 1996
Sold by
First Midwest Bank National Assn
Bought by
First Midwest Trust Company Na

Purchase Details

Closed on
Apr 20, 1994
Sold by
Paslawsky John W and Paslawsky Sue Anne
Bought by
Grand National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 1994
Sold by
Bobo Jim
Bought by
Paslawsky John and Paslawsky Sue Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.66%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bottomline Innovators Ii Llc Series 2320-2328 $815,000 Old Republic Title
Blue Path Investmets Llc $585,000 Stewart Title
Plascencia Jose A $477,500 Citywide Title Corporation
Chicago Asset Management Llc $305,000 Ct
Ballenger Lawrence C -- --
Ballenger Lawrence C -- --
Ballenger Lawrence C $280,000 Chicago Title Insurance Co
First Midwest Trust Company Na -- --
Grand National Bank -- --
Paslawsky John $256,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bottomline Innovators Ii Llc Series 2320-2328 $611,250
Previous Owner Blue Path Investmets Llc $450,000
Previous Owner Plascencia Jose A $380,000
Previous Owner Chicago Asset Management Llc $200,000
Previous Owner Ballenger Lawrence C $190,000
Previous Owner Ballenger Lawrence C $292,308
Previous Owner Ballenger Lawrence C $200,000
Previous Owner Grand National Bank $76,000
Previous Owner Paslawsky John $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $815,000 -1.2% --
08/01/2023 08/01/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $824,900 +41.0% --
05/18/2018 05/18/18 Sold $585,000 -6.4% --
02/13/2018 02/13/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $625,000 -- --
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 $21,907 $177,730 $25,205 $152,525
2023 $21,898 $158,461 $22,472 $135,989
2022 $21,898 $153,199 $19,074 $134,125
2021 $22,672 $143,714 $17,893 $125,821
2020 $22,232 $135,171 $16,829 $118,342
2019 $21,504 $125,916 $15,677 $110,239
2018 $22,221 $125,917 $15,677 $110,240
2017 $22,301 $116,806 $14,543 $102,263
2016 $21,170 $115,734 $13,202 $102,532
2015 $22,532 $105,012 $11,979 $93,033
2014 $21,557 $123,936 $13,393 $110,543
2012 $22,578 $131,987 $14,263 $117,724
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11840994

Midwest Real Estate Data (MRED)

APN: 04-21-100-014