$585,000
SOLD MAY 18, 2018
22 Beds
10 Baths
-- Sq Ft
0.61 Acres

Recently Sold

6% Below List Price

62 Days on Market

About This Home

As of October 2023

ACO Commercial is proud to present 2320-2328 Gabriel Avenue located in Zion, IL. Subject is a newly remodeled, 12-unit multifamily building. Property is located across the street from picturesque Shiloh Park Golf Course and adjacent to Zion Public Library and Rec center. 100% occupied with great cash flow. POTENTIAL TO INCREASE RENTS EVER MORE! All units are on electric heat and cooking tenants pay electricity. LOW UTILITY COST TO OWNER!

Last Agent to Sell the Property

Adam Taylor

PRS Realty LLC License #471005936 Listed on: 12/13/2017

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,907

Year Built

  • 1960

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,000
  • Insurance Expense $4,000

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,907

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 58149
  • Repairs Decor Expense: 2160
  • Scavenger Expense: 2160
  • Total Annual Exp: 49024
  • Total Annual Income: 113520
  • Total Monthly Income: 9460
  • Leased Washer Dryer: Yes
  • Number of Ranges: 12
  • Number Of Refrigs: 12
  • Number Of Stories: 3
  • Estimated Year Built: 1960
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1960

Exterior Features

  • Acreage: 0.61

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Electric
  • Water Expense: 3649

Condo/Co-op/Association

  • Units in Building: 12

Fee Information

  • Electricity Expense: 250
  • Janitor Expense: 600

Lot Info

  • Lot Dimensions: 183X199
  • Parcel Identification Number: 04211000140000

Rental Info

  • Gross Rental Income: 113520
  • Tenant Pays: Electric, Heat

Multi Family

  • Fuel Expense: 2000
  • Insurance Expense: 4000

Tax Info

  • Taxes: 21170

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
$896,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,883
Avg. Annual Appreciation
4.42%
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 Type Sale Price Title Company
Warranty Deed $815,000 Old Republic Title
Warranty Deed $585,000 Stewart Title
Warranty Deed $477,500 Citywide Title Corporation
Deed $305,000 Ct
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Trustee Deed $280,000 Chicago Title Insurance Co
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $256,666 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $611,250 New Conventional
Previous Owner $450,000 Commercial
Previous Owner $380,000 Commercial
Previous Owner $200,000 Commercial
Previous Owner $190,000 Commercial
Previous Owner $292,308 Commercial
Previous Owner $200,000 Commercial
Previous Owner $76,000 Commercial
Previous Owner $325,000 Commercial
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: MRD09817537

Midwest Real Estate Data (MRED)

APN: 04-21-100-014