NOT LISTED FOR SALE
25 Beds
11 Baths
-- Sq Ft
4,792 Sq Ft Lot Lot

Sale Details

Date Sold: June 26, 2015

Last sale price $1,875,000

10 Days on Market

About This Home

As of June 2015

This wonderful corner apartment complex is cash flowing and has been recently updated with new appliances, granite counter tops, plumbing and lighting fixtures, as well as two recently replaced porches. Loan must be assumed

Last Agent to Sell the Property

Joshua Rubenstein

CHICAGOLAND BROKERAGE, LLC Listed on: 04/03/2015

Last Buyer's Agent

Allen Paul

Sheffield Group, Inc. License #471009012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,391

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Garden Apartment
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 11 Bathrooms

Additional Features

  • 3-Story Property
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 11 Units

Building Details

  • Electric Expense $2,000
  • Fuel Expense $1,250
  • Insurance Expense $1,000
  • Maintenance Expense $2,824
  • Other Expense $18,444
  • Trash Expense $901
  • Operating Expense $47,431
  • Gross Income $186,960
  • Net Operating Income $133,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,391

Year Built

Built in 1910

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Garden Complex
  • Stories: 3
  • Year Built: 1910
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 11
  • Total Bedrooms: 25
  • Refrigerators: 11
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Forced Air

Fee Information

  • Trash Expense: 901

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Alternate Phone Number: (312) 867-8744X203

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 133920
  • Fuel Expense: 1250
  • Insurance Expense: 1000
  • ElectricExpense: 2000
  • GrossIncome: 186960
  • Maintenance Expense: 2824
  • NumberOfUnitsTotal: 11
  • OperatingExpense: 47431
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 7391.41
  • Tax Year: 2014
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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
06/26/2015 06/26/15 Sold $1,875,000 -1.3% --
04/13/2015 04/13/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $1,900,000 -- --
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 $18,398 $106,601 $21,533 $85,068
2024 $18,398 $106,601 $21,533 $85,068
2023 $17,932 $86,888 $8,910 $77,978
2022 $17,932 $86,888 $8,910 $77,978
2021 $16,992 $86,888 $8,910 $77,978
2020 $14,702 $65,757 $8,910 $56,847
2019 $13,259 $65,757 $8,910 $56,847
2018 $12,989 $65,757 $8,910 $56,847
2017 $12,787 $59,400 $7,796 $51,604
2016 $11,897 $59,400 $7,796 $51,604
2015 $10,885 $59,400 $7,796 $51,604
2014 $9,277 $50,000 $7,796 $42,204
2013 $8,038 $44,194 $7,796 $36,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08880651

Midwest Real Estate Data (MRED)

APN: 13264200220000

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