NOT LISTED FOR SALE
66 Beds
24 Baths
-- Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: February 18, 2020

Last sale price $743,000 $0 Per Sq Ft

237 Days on Market

About This Home

As of February 2020

Investors and Owner Occupants Attention! 6 unit building 100% occupancy in nice location. One block walking distance from train and buses, half block from a suburb of Oak Park. Close to parks, shopping centers, restaurants and movie theater. Unique building. Two story duplexes on the first floor with 4 bedrooms, 2 full baths, 2 living rooms and laundry. 2nd and 3rd floors have 3 bedrooms and one bath apartments. Each tenant pays their own gas and electric. All units are updated. Property secured by fence throughout. Building has parking for each apartment and extra parking inside the backyard. New back staircase, new tear off roof, skylight and carpet. Extra large back porches make nice extra space for rest. Requirements for owner financing: no showings, verbal offers/written offers will be accepted without legitimate proof of funds showing at least 15 % funds available for a downpayment. Requirements for approved mortgages: pre-approval letter on lender letterhead required prior to scheduling a showing. MLS #10392039

Last Agent to Sell the Property

Melanie Broderick

Metro Realty Inc. License #471014867 Listed on: 05/24/2019

Last Buyer's Agent

Magdalane Marcol

eXp Realty License #475175021

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1928

Lot Details

  • 8,712

Home Design

  • Brick Exterior Construction

Finished Basement

  • Exterior Basement Entry

Community Details

  • Insurance Expense $2,450

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1928

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Condominium, Residential-Multi-Family
  • Utilities To Site: Water-Municipal
  • Estimated Age: Older
  • Outdoor Parking: 6-12 Spaces, Fenced, Lighted, Paved
  • Roof Coverings: Shingle Composition, Reflective Coating
  • Roof Structure: Flat
  • Scavenger Expense: 900
  • Total Annual Exp: 13320
  • Total Annual Income: 88080
  • Total Monthly Income: 8450
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1928

Interior Features

  • Basement: Finished, Exterior Access

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.2
  • Frontage Access: City Street

Utilities

  • Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Gas, Hot Water, Separate Per Unit
  • Water Expense: 3500

Condo/Co-op/Association

  • Units in Building: 06

Fee Information

  • Electricity Expense: 360
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 1655

Lot Info

  • Lot Dimensions: 8609
  • Lot Sq Ft: 8609
  • Land Amenities: Children's Play Yard, Lighting/Exterior, Security Entrance, Sidewalks, Cable Ready
  • Parcel Identification Number: 16084060250000

Rental Info

  • Gross Rental Income: 101400
  • Tenant Pays: Electric, Heat

Multi Family

  • Insurance Expense: 2450
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 4455

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
May 24, 2019
Closed on
Feb 18, 2020
Sold by
Bought by
Seller's Agent
Melanie Broderick
Metro Realty Inc.
Buyer's Agent
Magdalane Marcol
eXp Realty
List Price
$774,900
Sold Price
$743,000
Premium/Discount to List
-$31,900
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,700
Interest Rate
0.036%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2016
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
$743,000 Advisors Title Network Llc
-- Attorney
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 $341,262
Open $668,700
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
02/18/2020 02/18/20 Sold $743,000 -4.1% --
01/16/2020 01/16/20 Pending -- -- --
11/26/2019 11/26/19 For Sale $774,900 +4.3% --
11/24/2019 11/24/19 Off Market $743,000 -- --
10/26/2019 10/26/19 Price Changed $774,900 -5.4% --
05/24/2019 05/24/19 For Sale $819,000 -- --
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 $8,638 $50,669 $10,331 $40,338
2024 $8,638 $50,669 $10,331 $40,338
2023 $8,421 $40,943 $8,179 $32,764
2022 $8,421 $40,943 $8,179 $32,764
2021 $9,467 $47,077 $8,178 $38,899
2020 $6,765 $30,367 $7,317 $23,050
2019 $6,933 $34,509 $7,317 $27,192
2018 $6,817 $34,509 $7,317 $27,192
2017 $4,456 $20,698 $6,456 $14,242
2016 $4,146 $20,698 $6,456 $14,242
2015 $3,793 $20,698 $6,456 $14,242
2014 $4,251 $22,910 $6,026 $16,884
2013 $4,167 $22,910 $6,026 $16,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10392039

Midwest Real Estate Data (MRED)
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