NOT LISTED FOR SALE

305 E Park Blvd Villa Park, IL 60181

3 Beds
3 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold January 08, 2018

Last sale price $235,000

86 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • Balcony
  • Ardmore Elementary School Rated A-
  • Sun or Florida Room
  • 4-minute walk to Cortesi Veterans Memorial Park

About This Home

As of January 2018

Vintage, Legal Non-Conforming 3 Flat in great South Villa Park area of single family homes, overlooking Illinois Prairie Path. 3-One bedroom, one bath units. No worries about vacant units in this quiet building, historically very easy to rent. Great for investor or first time buyer who would like tenants to help out with mortgage payment. Full unfinished basement with shared laundry and lots of storage. 1 parking space per unit currently. Two units and common areas can be viewed with 48 hour notice. Other unit can be viewed prior to contract and with preapproval letter. Very well maintained. Brand new boiler, new roof. In great shape. Recently inspected. Listing as-is. Owner is related to agent.

Last Agent to Sell the Property

Maribeth Smith

L.W. Reedy Real Estate License #475127986 Listed on: 08/08/2017

L.W. Reedy Real Estate

Last Buyer's Agent

Jan Morel

@properties Christie's International Real Estate License #471001397

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,994

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 174

Home Design

  • Victorian Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Sun or Florida Room
  • Storm Screens

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Schools

  • Ardmore Elementary School
  • Jackson Middle School
  • Willowbrook High School

Utilities

  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $30,000
  • Net Operating Income $11,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,994

Year Built

Built in 1925

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Room Type: Sun Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Storms/Screens
  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Steam, Radiator(s)
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 18440

Schools

  • Elementary School: ARDMORE ELEMENTARY SCHOOL
  • High School: WILLOWBROOK HIGH SCHOOL
  • Middle/Junior School: JACKSON MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 50 X 174
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 11560
  • GrossIncome: 30000
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 7994
  • Tax Year: 2016
  • Tax Exemptions: None
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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
01/08/2018 01/08/18 Sold $235,000 -12.9% --
11/02/2017 11/02/17 Pending -- -- --
10/02/2017 10/02/17 Price Changed $269,900 -3.6% --
08/08/2017 08/08/17 For Sale $279,900 -- --
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
2024 $7,909 $104,637 $28,225 $76,412
2023 $7,576 $96,760 $26,100 $70,660
2022 $7,095 $91,260 $28,900 $62,360
2021 $6,817 $88,990 $28,180 $60,810
2020 $6,665 $87,040 $27,560 $59,480
2019 $6,243 $82,750 $26,200 $56,550
2018 $6,291 $78,330 $24,800 $53,530
2017 $8,189 $99,180 $23,630 $75,550
2016 $7,995 $93,430 $22,260 $71,170
2015 $7,929 $87,040 $20,740 $66,300
2014 $6,629 $73,060 $17,970 $55,090
2013 $6,311 $74,090 $18,220 $55,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09714801

Midwest Real Estate Data (MRED)
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