NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: October 21, 2017

Last sale price $340,000

32 Days on Market

Highlights

  • 3 Car Detached Garage
  • Living Room
  • Dining Room
  • Passow Elementary School Rated 10
  • Laundry Room
  • 2-minute walk to Hawthorne Park

About This Home

As of October 2017

A rare find. Brick 3 flat with a 3 car garage. Fully rented. Nice condition. Nice location. Roof and windows are less that 10 years old. Tenants pay their own gas and electric. Garage spaces are additional income. Regular sale. 24 hour notice required for showing appointment due to tenants.

Last Agent to Sell the Property

Donna Raven

RE/MAX City License #475103894 Listed on: 07/14/2017

RE/MAX City

Last Buyer's Agent

Juan Valadez

HomeSmart Connect LLC License #475146685

HomeSmart Connect LLC
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,531

Year Built

  • Built in 1961

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 38 x 124

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $35,400
  • Net Operating Income $18,269

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,531

Year Built

Built in 1961

Lot Details

4,356 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1961
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 17131

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 38 X 124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No

Multi Family

  • Net Operating Income: 18269
  • GrossIncome: 35400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 13530.68
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Oct 20, 2017
Sold by
Bought by
Seller's Agent
Donna Raven
RE/MAX City
Buyer's Agent
Juan Valadez
HomeSmart Connect LLC
List Price
$340,000
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,100
Outstanding Balance
$267,482
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,137
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Franklin Park, IL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$340,000 Chicago Title
$250,000 --
$219,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $328,100
Previous Owner $246,137
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Off Market $340,000 -- --
10/21/2017 10/21/17 Sold $340,000 0.0% --
08/12/2017 08/12/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $340,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,802 $54,000 $5,115 $48,885
2024 $12,802 $45,000 $4,185 $40,815
2023 $13,177 $45,000 $4,185 $40,815
2022 $13,177 $45,000 $4,185 $40,815
2021 $10,706 $30,360 $3,022 $27,338
2020 $10,272 $30,360 $3,022 $27,338
2019 $11,086 $35,426 $3,022 $32,404
2018 $14,771 $36,606 $2,557 $34,049
2017 $14,558 $36,606 $2,557 $34,049
2016 $13,531 $36,606 $2,557 $34,049
2015 $12,894 $33,020 $2,325 $30,695
2014 $12,553 $33,020 $2,325 $30,695
2013 $12,041 $34,170 $2,325 $31,845
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09689687

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.