NOT LISTED FOR SALE

2434 N 78th Ave Elmwood Park, IL 60707

10 Beds
6 Baths
-- Sq Ft
1964 Built

Last Sold July 19, 2022

Last sale price $749,900

3 Days on Market

About This Home

As of July 2022

Rarely available in a great location! Walking distance to Metra. Well maintained 6 unit building in Elmwood Park. Fully rented. Coin operated washer/dryer in basement. Newly finished hardwood floors in 3 out of the 6 units. Excellent income producing property. 11 Bedrooms. Five 2 bedrooms and One studio. 5 parking spaces in the back.

Last Agent to Sell the Property

Milan Gacanovic

Realty Network Inc. License #475168175 Listed on: 05/02/2022

Last Buyer's Agent

Milan Gacanovic

Realty Network Inc. License #475168175 Listed on: 05/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,938

Year Built

  • Built in 1964

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

Additional Features

  • 3-Story Property
  • Lot Dimensions are 44x133

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $776
  • Fuel Expense $2,768
  • Insurance Expense $2,500
  • Trash Expense $3,428
  • Water Sewer Expense $3,474
  • Operating Expense $12,946
  • Gross Income $77,940
  • Net Operating Income $64,994

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,938

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1964
  • 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: 6
  • Total Bedrooms: 10
  • Fireplaces: 1
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 749000

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Hot Water

Fee Information

  • Trash Expense: 3428
  • Water Sewer Expenses: 3474
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 44X133

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 64994
  • Fuel Expense: 2768
  • Insurance Expense: 2500
  • ElectricExpense: 776
  • GrossIncome: 77940
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 12946
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16938
  • Tax Year: 2020

Range of Values:

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List Price
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
07/19/2022 07/19/22 Sold $749,900 +0.1% --
05/06/2022 05/06/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $749,000 -- --
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: 11391618

Midwest Real Estate Data (MRED)