NOT LISTED FOR SALE
21 Beds
12 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold November 07, 2023

Last sale price $365,000

443 Days on Market

About This Home

As of November 2023

Unique with Character Solid Brick 12 unit, with (3) 3- bedrooms, (3) 2- bedrooms and (6) 1-bedroom units. Excellent for Investors/ Rehabbers. A cash flow potential of $100,000+ per year. Close to public transportation providing easy access to Oak Park and downtown. On-site parking. Property being sold AS-IS. The buyer is responsible for removing all items from the units.

Last Agent to Sell the Property

Vanessa Jackson

Enterprise Realty Power Broker Listed on: 07/24/2022

Last Buyer's Agent

Vanessa Jackson

Enterprise Realty Power Broker Listed on: 07/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,216

Year Built

  • Built in 1914

Lot Details

  • 8,880 Sq Ft Lot
  • Lot Dimensions are 50x135

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 12 Bathrooms

Utilities

  • Radiator
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $3,500
  • Fuel Expense $3,000
  • Insurance Expense $6,000
  • Trash Expense $700
  • Water Sewer Expense $4,500
  • Operating Expense $12,500
  • Gross Income $112,000
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,216

Year Built

Built in 1914

Lot Details

8,880 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1914
  • Built Before 1978 (Y/N): Yes
  • Information: Othr-Call List Agent
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 21
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Misc Outside: Balcony/ies,Enclosed Porch

Utilities

  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Heat/Ventilation: Radiators

Fee Information

  • Trash Expense: 700
  • Water Sewer Expenses: 4500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X135
  • Lot Size Sq Ft: 8880
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 15000
  • Fuel Expense: 3000
  • Insurance Expense: 6000
  • ElectricExpense: 3500
  • GrossIncome: 112000
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 12500
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 9216.5
  • Tax Year: 2020
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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
11/07/2023 11/07/23 Sold $365,000 -14.1% --
10/12/2023 10/12/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $425,000 0.0% --
09/11/2023 09/11/23 For Sale $425,000 -21.3% --
12/14/2022 12/14/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $539,900 0.0% --
11/15/2022 11/15/22 Pending -- -- --
11/12/2022 11/12/22 Price Changed $539,900 -1.8% --
10/20/2022 10/20/22 Price Changed $549,900 -8.3% --
10/02/2022 10/02/22 Price Changed $599,900 -7.7% --
09/11/2022 09/11/22 Price Changed $649,900 -7.1% --
07/25/2022 07/25/22 For Sale $699,900 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $7,701 $136,800 $10,656 $126,144
2024 $7,701 $36,500 $10,656 $25,844
2023 $26,115 $36,500 $5,772 $30,728
2022 $26,115 $126,968 $5,772 $121,196
2021 $25,532 $126,967 $5,772 $121,195
2020 $16,757 $75,223 $5,772 $69,451
2019 $15,113 $75,223 $5,772 $69,451
2018 $14,859 $75,223 $5,772 $69,451
2017 $15,325 $71,189 $4,884 $66,305
2016 $14,258 $71,189 $4,884 $66,305
2015 $13,045 $71,189 $4,884 $66,305
2014 $13,208 $71,189 $4,884 $66,305
2013 $12,947 $71,189 $4,884 $66,305
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11473390

Midwest Real Estate Data (MRED)

APN: 16093010140000

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