NOT LISTED FOR SALE
48 Beds
12 Baths
-- Sq Ft
7,710 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $1,325,000

98 Days on Market

About This Home

As of November 2021

We are pleased to present 301-309 E New York St. The 12-unit multifamily property is located in Aurora, IL. The unit mix consists of (12) four-bedroom, one bath units. The property is located 3.8 miles from the I-88 interchange and 4.3 miles from Chicago Premium Outlets. The property is within walking distance to downtown Aurora, the Paramount Theater, Hollywood Casino, KA Dance Studio, Wyckwood House, Metra Train Station, restaurants, shopping and more

Last Agent to Sell the Property

Tony Hardy

Keller Williams ONEChicago License #475139834 Listed on: 05/13/2021

Keller Williams ONEChicago

Co-Listed By

Jason York

Keller Williams ONEChicago License #475191193

Last Buyer's Agent

Travis Montgomery

Keller Williams ONEChicago License #475184338

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,430

Year Built

  • Built in 1912

Lot Details

  • 7,710

Bedrooms and Bathrooms

  • 48 Bedrooms
  • 12 Bathrooms

Additional Features

  • 3-Story Property
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $48,530
  • Gross Income $172,800
  • Net Operating Income $113,902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,430

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1912
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 48
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 1470000

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 43560 SF

Rental Info

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

Multi Family

  • Net Operating Income: 113902
  • GrossIncome: 172800
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 48530
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 14430
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Nov 10, 2021
Sold by
Gonzalez Francisco
Bought by
Rlv Properties Llc
Seller's Agent
Tony Hardy
Keller Williams ONEChicago
Buyer's Agent
Travis Montgomery
Keller Williams ONEChicago
Sold Price
$1,325,000
Total Days on Market
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Outstanding Balance
$919,944
Interest Rate
3.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 20, 2000
Sold by
Greatbanc Trust Company
Bought by
Rtr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,504,000
Interest Rate
8.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Rlv Properties Llc $1,325,000 None Available
Rtr Llc $525,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rlv Properties Llc $993,750
Previous Owner Gonzalez Francisco $876,000
Previous Owner Gonzalez Francisco $1,000,000
Previous Owner Gonzalez Francisco $450,000
Previous Owner Gonzalez Francisco $400,000
Previous Owner Gonzalez Francisco $348,000
Previous Owner Rtr Llc $1,504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $1,325,000 0.0% --
11/10/2021 11/10/21 Off Market $1,325,000 -- --
08/19/2021 08/19/21 Pending -- -- --
06/23/2021 06/23/21 For Sale -- -- --
06/02/2021 06/02/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $1,470,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2023 $28,558 $382,161 $19,144 $363,017
2022 $20,492 $269,714 $17,467 $252,247
2021 $15,081 $186,814 $16,262 $170,552
2020 $14,431 $173,522 $15,105 $158,417
2019 $14,035 $159,281 $13,995 $145,286
2018 $13,573 $149,064 $12,945 $136,119
2017 $13,469 $137,349 $11,928 $125,421
2016 $14,419 $137,022 $10,225 $126,797
2015 -- $115,988 $8,793 $107,195
2014 -- $119,988 $8,081 $111,907
2013 -- $176,686 $7,966 $168,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11086525

Midwest Real Estate Data (MRED)

APN: 15-22-453-001