NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: September 28, 2021

Last sale price $600,000

66 Days on Market

About This Home

As of September 2021

Great investment opportunity located in a convenient location! This 6-unit building on 0.3 acre boasts newer upgrades! All units' kitchens have newer refrigerators. Newer laminate and tile is throughout all of the units' interior! Exterior has been well taken care of with a newer, under 5 yrs old roof. The gutters have recently been replaced and are new. Great and steady monthly income and long time tenants. Located in a convenient location! Sold As-Is

Last Agent to Sell the Property

Gina Kim

Baird & Warner License #475145164 Listed on: 05/12/2021

Baird & Warner

Last Buyer's Agent

Tonya Trachuk

Core Realty & Investments Inc. License #475192761

Core Realty & Investments Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,277

Year Built

  • Built in 1978

Lot Details

  • 13,000 Sq Ft Lot
  • Lot Dimensions are 44x150

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $307
  • Fuel Expense $2,128
  • Insurance Expense $2,700
  • Maintenance Expense $1,000
  • Trash Expense $1,168
  • Water Sewer Expense $2,117
  • Operating Expense $26,697
  • Gross Income $70,200
  • Net Operating Income $45,903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,277

Year Built

Built in 1978

Lot Details

0.3 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1978
  • Built Before 1978 (Y/N): No
  • New Construction Y/N: No
  • Information: 24-Hr Notice Required,List Broker Must Accompany,No Sign on Property
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Possible Use: Multi-Family, Single Family
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Block
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Hip
  • Misc Outside: Enclosed Stairs,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Service - 101 to 200 Amps
  • Utilities: Sewer-Storm Available, Water-Municipal
  • Heat/Ventilation: Gas
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 1168
  • Water Sewer Expenses: 2117

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3
  • Lot Dimensions: 44X150
  • Lot Size Sq Ft: 13000
  • Zoning: MULTI
  • Land Amenities: Sidewalks,Cable Ready

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 2
  • Tenancy Type: Month To Month

Building Info

  • Building Unit Info: No Units Furnished

Multi Family

  • Net Operating Income: 45903
  • Fuel Expense: 2128
  • Insurance Expense: 2700
  • ElectricExpense: 307
  • GrossIncome: 70200
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 26697
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 17277
  • Tax Year: 2019

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
May 12, 2021
Closed on
Aug 25, 2021
Sold by
Bought by
Seller's Agent
Gina Kim
Baird & Warner
Buyer's Agent
Tonya Trachuk
Core Realty & Investments Inc.
List Price
$669,000
Sold Price
$600,000
Premium/Discount to List
-$69,000
-10.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
1.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
7.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$600,000 Chicago Title
$587,000 Attorney
-- --
$590,000 Rtc
-- Stewart Title
-- Brokers Title Insurance Co
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
Previous Owner $446,250
Previous Owner $400,000
Previous Owner $299,000
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
09/28/2021 09/28/21 Sold $600,000 0.0% --
07/30/2021 07/30/21 Off Market $600,000 -- --
07/17/2021 07/17/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $669,000 -- --
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 $1,844 $111,244 $33,064 $78,180
2024 $1,792 $109,064 $32,416 $76,648
2023 $1,766 $106,927 $31,781 $75,146
2022 $1,701 $104,831 $31,158 $73,673
2021 $1,670 $102,777 $30,548 $72,229
2019 $1,630 $99,731 $29,643 $70,088
2018 $1,457 $97,776 $29,062 $68,714
2016 $1,372 $93,982 $27,935 $66,047
2015 $1,356 $92,571 $27,516 $65,055
2014 $1,373 $90,758 $26,977 $63,781
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11084642

Midwest Real Estate Data (MRED)
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