NOT LISTED FOR SALE

2801 N 73rd Ct Elmwood Park, IL 60707

10 Beds
10 Baths
-- Sq Ft
1962 Built

Last Sold March 15, 2022

Last sale price $900,000

5 Days on Market

About This Home

As of March 2022

One unit is available to view. Upon accepted contract, seller will arrange a time to view all units. All units are long time tenants. All brick 10 unit apartment building has been well maintained. Family owned for years.

Last Agent to Sell the Property

Neil VerHagen

McColly Real Estate License #471016617 Listed on: 01/21/2022

McColly Real Estate

Co-Listed By

Brent Verhagen

McColly Real Estate License #475151828

Last Buyer's Agent

Luke Chirayil

Achieve Real Estate Group Inc License #475171378

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,954

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 50x125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $536
  • Fuel Expense $2,867
  • Insurance Expense $3,463
  • Trash Expense $1,540
  • Water Sewer Expense $5,557
  • Operating Expense $28,391
  • Gross Income $91,200
  • Net Operating Income $63,309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,954

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1962
  • Built Before 1978 (Y/N): Yes
  • Information: Short Notice OK
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 10
  • Total Bedrooms: 10
  • Basement Description: Slab
  • Fireplaces: 1
  • Refrigerators: 10
  • Ranges: 10
  • Number of Windows: 10
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 899900
  • Roof: Membrane
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Utilities

  • Cooling: Window Unit(s)
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal
  • Heat/Ventilation: Gas

Fee Information

  • Trash Expense: 1540
  • Water Sewer Expenses: 5557
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 63309
  • Fuel Expense: 2867
  • Insurance Expense: 3463
  • ElectricExpense: 536
  • GrossIncome: 91200
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 28391
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 17954
  • 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
03/15/2022 03/15/22 Sold $900,000 0.0% --
01/27/2022 01/27/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $899,900 -- --
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: 11308828

Midwest Real Estate Data (MRED)