NOT LISTED FOR SALE

2916 S Harlem Ave Riverside, IL 60546

Riverside Area
6 Beds
4 Baths
-- Sq Ft
1950 Built

Sale Details

Date Sold: July 20, 2022

Last sale price $530,000

234 Days on Market

Highlights

  • Property is near park
  • Tennis Courts
  • Paved or Partially Paved Lot
  • Blythe Park Elementary School Rated A
  • 4 Car Detached Garage
  • 4-minute walk to Proksa Park

About This Home

As of July 2022

This well maintained brick three flat located in picturesque Riverside. with many fine amenities. Three two bedroom units in excellent condition, newer roof, and windows, laundry available for tenants, 4 car garage with additional parking. Excellent cash flow and great location. Easy access to all expressways, shopping, schools and parks. With in minutes of Loyola and Mac Neal hospitals.

Last Agent to Sell the Property

Jason Hinsley

Re/Max Metropolitan LLC License #471022502 Listed on: 10/26/2021

Co-Listed By

Brian Brennan

@properties Christie's International Real Estate License #471011164

Last Buyer's Agent

Jason Hinsley

Re/Max Metropolitan LLC License #471022502 Listed on: 10/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 1950

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Lot Details

  • Lot Dimensions are 50x160
  • Paved or Partially Paved Lot

Schools

  • Riverside Brookfield Twp Senior High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Partial Basement
  • Property is near park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 3 Units

Recreation

  • Tennis Courts

Building Details

  • Electric Expense $323
  • Fuel Expense $1,170
  • Insurance Expense $1,539
  • Trash Expense $790
  • Water Sewer Expense $2,003
  • Gross Income $25,200
  • Net Operating Income $31,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,600

Year Built

Built in 1950

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Off Alley, Off Street, Side Apron, Driveway
  • ParkingTotal: 8
  • Number of Cars: 12
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Tennis Court(s), Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 790
  • Water Sewer Expenses: 2003
  • Other Expenses $: 1035
  • Trash Expense Year: 790

Schools

  • High School: Riverside Brookfield Twp Senior

Lot Info

  • Lot Dimensions: 50X160
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 31080
  • Fuel Expense: 1170
  • Insurance Expense: 1539
  • ElectricExpense: 323
  • GrossIncome: 25200
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 7600
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Jul 18, 2022
Sold by
Bought by
Seller's Agent
Jason Hinsley
Re/Max Metropolitan LLC
Buyer's Agent
Jason Hinsley
Re/Max Metropolitan LLC
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
0.0588%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$530,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $318,000
Closed $318,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $530,000 -3.5% --
06/18/2022 06/18/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $549,000 0.0% --
04/02/2022 04/02/22 Pending -- -- --
10/26/2021 10/26/21 For Sale $549,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,718 $21,000 $3,640 $17,360
2024 $6,718 $21,000 $3,640 $17,360
2023 $3,982 $21,000 $3,640 $17,360
2022 $3,982 $13,475 $3,185 $10,290
2021 $3,733 $13,474 $3,185 $10,289
2020 $3,692 $13,474 $3,185 $10,289
2019 $4,827 $19,469 $2,912 $16,557
2018 $4,693 $19,469 $2,912 $16,557
2017 $4,461 $19,469 $2,912 $16,557
2016 $5,401 $18,357 $2,548 $15,809
2015 $2,952 $9,124 $2,548 $6,576
2014 $1,353 $4,128 $2,548 $1,580
2013 $4,837 $16,821 $2,548 $14,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11255952

Midwest Real Estate Data (MRED)
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