NOT LISTED FOR SALE

2433 N East Brook Rd Elmwood Park, IL 60707

13 Beds
8 Baths
-- Sq Ft
1960 Built

Last Sold August 31, 2022

Last sale price $1,120,000

49 Days on Market

About This Home

As of August 2022

Pivot Properties is pleased to present Eastbrook Flats an 8 unit condo-quality apartment building overlooking a beautiful boulevard. Location does not get better - the only multi-unit building next to all single-family homes! This asset is comprised of 5 - 2bdrms & 3 -1bdrms, ample off-street parking, newly remodeled units with high-end finishes, new roof, new laundry room, and updated hallways. Blocks from Oak Park Country Club and Elmwood Park High School. A jewel to own!

Last Agent to Sell the Property

Bane Simic

Pivot Properties Inc License #471016569 Listed on: 06/29/2022

Last Buyer's Agent

Peter Avitia

Avitia Real Estate LLC License #471019932

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,985

Year Built

  • Built in 1960

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Additional Features

  • 2-Story Property
  • Lot Dimensions are 156 x 160

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $350
  • Fuel Expense $3,650
  • Insurance Expense $2,795
  • Maintenance Expense $1,500
  • Other Expense $2,700
  • Trash Expense $2,880
  • Water Sewer Expense $2,220
  • Operating Expense $35,580
  • Gross Income $111,000
  • Net Operating Income $75,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,985

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1960
  • 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

  • Total Bathrooms: 8
  • Total Bedrooms: 13
  • Fireplaces: 2
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 1249000

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Hot Water

Fee Information

  • Trash Expense: 2880
  • Water Sewer Expenses: 2220
  • Janitor Expense: 1500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 156 X 160
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 75425
  • Fuel Expense: 3650
  • Insurance Expense: 2795
  • ElectricExpense: 350
  • GrossIncome: 111000
  • Maintenance Expense: 1500
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 35580
  • Expense Year: 2021
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 17985
  • Tax Year: 2020

Range of Values:

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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 Change Sq Ft Price
08/31/2022 08/31/22 Sold $1,120,000 -10.3% --
06/29/2022 06/29/22 For Sale $1,249,000 -- --
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: 11449939

Midwest Real Estate Data (MRED)