NOT LISTED FOR SALE

3113 48th Ct Cicero, IL 60804

6 Beds
6 Baths
-- Sq Ft
1963 Built

Last Sold January 06, 2022

Last sale price $365,000

50 Days on Market

About This Home

As of January 2022

Great 6 unit brick building in the Heart of Cicero, surrounded by all commercial places you can think of. by restaurants, schools, public transportation, stores etc. 1 studio and 5 -1 bedroom apartments. units are in good condition, the studio apartment needs work. a lot of natural light, apartments with hardwood floors, very clean building.,,,,the one empty apartment has a yearly income projection of $9,000, and the coin washer & dryer bring in about $1,000.00 a year. tenants pay electric and cooking gas. Building in good shape but being "sold as is" buyer responsible for Village requirements

Last Agent to Sell the Property

Alma Garcia

RE/MAX MI CASA License #475122453 Listed on: 09/11/2021

RE/MAX MI CASA

Last Buyer's Agent

David San Jose

Realty of America License #475177104

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,684

Year Built

  • Built in 1963

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 70 x 50
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $587
  • Fuel Expense $1,543
  • Insurance Expense $1,461
  • Other Expense $200
  • Trash Expense $564
  • Water Sewer Expense $2,303
  • Operating Expense $18,342
  • Gross Income $54,420
  • Net Operating Income $37,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,684

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1963
  • 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: 6
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 5
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 395500
  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Hot Water

Fee Information

  • Trash Expense: 564
  • Water Sewer Expenses: 2303
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 70 X 50

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 37078
  • Fuel Expense: 1543
  • Insurance Expense: 1461
  • ElectricExpense: 587
  • GrossIncome: 54420
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 18342
  • Expense Year: 2020
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11684
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
01/06/2022 01/06/22 Sold $365,000 -7.7% --
11/01/2021 11/01/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $395,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11216318

Midwest Real Estate Data (MRED)