$785,000
SOLD FEB 18, 2025

2431 N 76th Ct Elmwood Park, IL 60707

-- Bed
-- Bath
-- Sq Ft
6,250 Sq Ft Lot

Recently Sold

16% Below List Price

21 Days on Market

About This Home

As of February 2025

"Seller Highly Motivated" Never before offered for sale Custom built by current owners. 4524 SF building offering 6 units, two 1 BR, four 2 BR. All units above grade are oversized and have an all-around face brick. 4 balconies. All units have been smoke/pet-free since built. Units are mid-century dated but in good condition. Long-term tenants reflect low rent roll-five parking spaces in the rear. A well-maintained property is being sold AS-IS. Buyer responsible for Village repairs (minor to code). Newer hot water tanks, radiant heat in ground floor units, hot water heat, hardwood & parquay floors, exposed brick, private outside unit storage closet. Ground floor coin-operated laundry. Plenty of green space. Seller would prefer to sell both units together but will split. MLS#12263965.

Last Agent to Sell the Property

Lou Soteras

LJS Realty License #471011180 Listed on: 01/03/2025

Last Buyer's Agent

Kris Maranda

@properties Christie's International Real Estate License #475128964

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,320

Year Built

  • Built in 1959

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • 6,250 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $136
  • Fuel Expense $5,778
  • Insurance Expense $3,698
  • Other Expense $4,940
  • Trash Expense $2,252
  • Water Sewer Expense $4,055
  • Operating Expense $37,809
  • Gross Income $64,200
  • Net Operating Income $26,391

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,320

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1959
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Unfinished
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas,Hot Water,Baseboard

Fee Information

  • Trash Expense: 2252
  • Water Sewer Expenses: 4055

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6250
  • Lot Size Sq Ft: 6250
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10
  • Tenancy Type: Leases,Month To Month

Multi Family

  • Net Operating Income: 26391
  • Fuel Expense: 5778
  • Insurance Expense: 3698
  • ElectricExpense: 136
  • GrossIncome: 64200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 37809
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 16320
  • Tax Year: 2022

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
02/18/2025 02/18/25 Sold $785,000 -8.2% --
01/24/2025 01/24/25 Pending -- -- --
01/20/2025 01/20/25 Price Changed $855,000 -8.6% --
01/03/2025 01/03/25 For Sale $935,000 -- --
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: 12264171

Midwest Real Estate Data (MRED)