NOT LISTED FOR SALE
18 Beds
12 Baths
8,170 Sq Ft
7,499 Sq Ft Lot

Last Sold March 12, 2013

Last sale price $340,000 $42 Per Sq Ft

45 Days on Market

About This Home

As of March 2013

All apartments include individual utilities, assigned parking spaces, hardwood floors and granite countertops. The property is fully occupied bringing in $87,500 annually. The building is available individually or as a package with the six-flat apartment building at 3536 W. Monroe Street and the three-unit apartment building at 322-324 N. Hamlin Avenue for $999,000.

Last Agent to Sell the Property

Brad Thompson

Millennium Properties RE, Inc. License #471013662 Listed on: 03/02/2012

Last Buyer's Agent

Mike Yun

Vesper Real Estate LLC License #471012458

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,212

Year Built

  • Built in 2007

Lot Details

  • 7,499

Home Design

  • Garden Apartment

Interior Spaces

  • 8,170 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Bathrooms

Additional Features

  • 7,499 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Water Sewer Expense $2,000
  • Operating Expense $20,411
  • Gross Income $87,528
  • Net Operating Income $67,117

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,212

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Garden Complex
  • Stories: 3
  • Year Built: 2007
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required,REO/Lender Owned
  • Estimated Age: 1-6 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 18
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 415000

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Forced Air

Fee Information

  • Water Sewer Expenses: 2000
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 7499
  • Lot Size Sq Ft: 7499
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 8170

Multi Family

  • Net Operating Income: 67117
  • GrossIncome: 87528
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20411
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 9211.6
  • Tax Year: 2010

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
06/11/2013 06/11/13 Off Market $340,000 -- --
03/12/2013 03/12/13 Sold $340,000 -18.1% $42 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $415,000 -- $51 / Sq Ft
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: 08008324

Midwest Real Estate Data (MRED)

APN: 16141090340000