NOT LISTED FOR SALE

245 Millbridge Rd Riverside, IL 60546

Estimated Value: $451,000 - $729,443

10 Beds
4 Baths
2,100 Sq Ft
$304/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $249,000 $119 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $4,722/month

42 Days on Market

About This Home

As of April 2019

Investors and Rehabbers Alert! LOCATION LOCATION LOCATION! Snag this once in a lifetime chance to own 3 UNITS in the prestigious First Division of Riverside. There is a sprawling single-family home on Millbridge Rd with 4 bedrooms and 1.5 bathrooms. The two-flat faces Fairbanks and has two layouts: one 4 bed/1 bath, and one 2 bed/1 bath. The opportunities here are endless - own all three units, live in one unit and rent out the two-flat, rent all three, etc.! This property needs full rehab, and is priced to offer tremendous opportunity for astute ''Buy Fix Sell'' or ''Buy Hold'' investors! Hurry and lock this one down, this Riverside gem will go FAST!

Last Agent to Sell the Property

James Athanaspoulos

Kairos Brokerage LLC License #471010619 Listed on: 01/14/2019

Co-Listed By

Yasir Malik

Kairos Brokerage LLC License #475183819

Last Buyer's Agent

Hector Garcia

RE/MAX Partners License #475096382

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1881

Lot Details

  • 0.3

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1881

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1881
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Garage/Space
  • MRD_AppliancesAndFeatures: Garage/Space
  • MRD_AppliancesAndFeatures: Garage/Space

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 13114
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 13880.42
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Apr 10, 2019
Sold by
Jva Il Llc
Bought by
Ego Holdings Llc
Seller's Agent
James Athanaspoulos
Kairos Brokerage LLC
Buyer's Agent
Hector Garcia
RE/MAX Partners
List Price
$429,000
Sold Price
$249,000
Premium/Discount to List
-$180,000
-41.96%
Current Estimated Value
$638,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,861
Avg. Annual Appreciation
14.68%

Purchase Details

Closed on
Sep 13, 2017
Sold by
Martinek Dennis F
Bought by
Jva Il Llc

Purchase Details

Closed on
Apr 18, 2008
Sold by
Martinek Dennis F and Martinek Susan R
Bought by
Martinek Dennis F and Dennis F Martinek Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Martinek Dennis F
Bought by
Martinek Dennis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Ego Holdings Llc $249,000 Greater Illinois Title Co
Jva Il Llc $271,000 None Available
Martinek Dennis F -- None Available
Martinek Dennis F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinek Dennis F $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $249,000 -16.7% $119 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/21/2019 02/21/19 Price Changed $299,000 -9.1% $142 / Sq Ft
02/18/2019 02/18/19 Price Changed $329,000 -5.7% $157 / Sq Ft
02/13/2019 02/13/19 Price Changed $349,000 -5.4% $166 / Sq Ft
02/06/2019 02/06/19 Price Changed $369,000 -7.5% $176 / Sq Ft
02/01/2019 02/01/19 Price Changed $399,000 -4.8% $190 / Sq Ft
01/25/2019 01/25/19 Price Changed $419,000 -2.3% $200 / Sq Ft
01/14/2019 01/14/19 For Sale $429,000 -- $204 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $17,160 $53,641 $14,425 $39,216
2024 $17,160 $53,641 $14,425 $39,216
2023 $8,904 $53,641 $14,425 $39,216
2022 $8,904 $23,617 $12,458 $11,159
2021 $8,556 $23,246 $12,458 $10,788
2020 $8,275 $23,246 $12,458 $10,788
2019 $20,249 $57,533 $11,474 $46,059
2018 $11,188 $32,750 $11,474 $21,276
2017 $13,880 $41,992 $11,474 $30,518
2016 $11,620 $32,995 $9,835 $23,160
2015 $11,354 $32,995 $9,835 $23,160
2014 $11,159 $32,995 $9,835 $23,160
2013 $12,052 $43,139 $9,835 $33,304
Source: Public Records

Agents Affiliated with this Home

  • James Athanaspoulos

    Seller's Agent in 2019

    James Athanaspoulos

    Kairos Brokerage LLC

    (310) 318-4134

    6 Total Sales

    James Athanaspoulos
    Section Image

  • Y

    Seller Co-Listing Agent in 2019

    Yasir Malik

    Kairos Brokerage LLC

    (312) 937-8298

    39 Total Sales

    Yasir Malik
    Section Image
  • Hector Garcia

    Buyer's Agent in 2019

    Hector Garcia

    RE/MAX

    (708) 813-8130

    1 in this area

    111 Total Sales

    Hector Garcia
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10172921

Midwest Real Estate Data (MRED)

APN: 15-35-419-030-0000

Illinois Cook County Riverside 60546

245 Millbridge Rd, Riverside, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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