NOT LISTED FOR SALE

2848 N Auxplaines St River Grove, IL 60171

7 Beds
3 Baths
-- Sq Ft
1973 Built

Last Sold December 09, 2022

Last sale price $500,000

Highlights

  • Corner Lot
  • 3-minute walk to River Grove Station
  • Fenced Yard
  • River Grove School Rated 9+
  • Lower Floor Utility Room
  • Shed

About This Home

As of December 2022

Solid brick, workhorse building with excellent tenants! Legal three flat on oversized lot in prime location. Steps to Metra and downtown River Grove. 1st and 2nd-floor units rented at $1500 mo with staggered leases. Garden unit vacant (rent for ~$1100-1200). Tenants pay electricity. Water heater (2020), Speed Queen coin laundry (2019), flood control system valued at $9400 with lifetime transferable warranty from Xpert Flood (2021). Never flooded; dry basement. New shed in box ($1000 value) and existing shed. Newly built storage units in basement. Some newer windows. Four parking spaces in rear of lot. Roof age unknown. Check out 3D tour. (agent owned interest)

Last Agent to Sell the Property

Rita Vera

REimagine Property Services Company License #471017877 Listed on: 12/01/2022

REimagine Property Services Company

Last Buyer's Agent

Enok Tluangzelhmung

Real People Realty License #475199200

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,891

Year Built

  • Built in 1973 | Remodeled in 2022

Lot Details

  • Lot Dimensions are 38 x 151
  • Fenced Yard
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Outdoor Features

  • Shed

Schools

  • River Grove Elementary School
  • East Leyden High School

Utilities

  • Forced Air Heating System
  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $336
  • Fuel Expense $2,640
  • Insurance Expense $3,195
  • Professional Management Expense $480
  • Trash Expense $936
  • Water Sewer Expense $1,188
  • Gross Income $51,400
  • Net Operating Income $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,891

Year Built

Built in 1973 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 480
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 500000
  • Lot Features: Corner Lot, Fenced Yard
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley
  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Baseboard, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 936
  • Water Sewer Expenses: 1188
  • Other Expenses $: 1000
  • Trash Expense Year: 2022

Schools

  • Elementary School: River Grove Elementary School
  • High School: East Leyden High School
  • Middle/Junior School: River Grove Elementary School
  • Middle/Junior School District: 85.5

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 38 X 151
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 900
  • Fuel Expense: 2640
  • Insurance Expense: 3195
  • ElectricExpense: 336
  • GrossIncome: 51400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 10891.13
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

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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
12/09/2022 12/09/22 Sold $500,000 0.0% --
12/01/2022 12/01/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $500,000 +25.3% --
08/28/2019 08/28/19 Sold $399,000 -2.4% --
07/25/2019 07/25/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $409,000 -- --
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: 11681269

Midwest Real Estate Data (MRED)