NOT LISTED FOR SALE

304 Burlington Ave Downers Grove, IL 60515

5 Beds
5 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold October 05, 2015

Last sale price $440,000

33 Days on Market

Highlights

  • Central Heating
  • Lester Elementary School Rated A-
  • 3-minute walk to Downers Grove Fairview Avenue Station

About This Home

As of October 2015

The subject property at 304 Burlington Avenue consists of five split-level one-bedroom / one-bathroom units with a den measuring approximately 900 square feet each. The unit features in-unit washers and dryers and ample off-street parking. In Unit W/D. Close to transportation and train.

Last Agent to Sell the Property

Jordan Apostolov

Associated Real Estate Group Listed on: 06/09/2015

Last Buyer's Agent

Jordan Apostolov

Associated Real Estate Group Listed on: 06/09/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,782

Year Built

  • Built in 1959

Lot Details

  • 6,534

Interior Spaces

  • 1-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • 6,534 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Fuel Expense $5,000
  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Other Expense $4,100
  • Trash Expense $1,440
  • Operating Expense $19,822
  • Gross Income $60,000
  • Net Operating Income $37,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,782

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 1
  • Year Built: 1959
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 450000

Utilities

  • Heat/Ventilation: Central Bldg Heat

Fee Information

  • Trash Expense: 1440
  • Janitor Expense: 1500

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 7500
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 37137
  • Fuel Expense: 5000
  • Insurance Expense: 2000
  • GrossIncome: 60000
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 19822
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 3782
  • Tax Year: 2013

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/05/2015 10/05/15 Sold $440,000 -2.2% --
07/12/2015 07/12/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $450,000 -- --
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: 08948328

Midwest Real Estate Data (MRED)