NOT LISTED FOR SALE

328 N 3rd Ave Des Plaines, IL 60016

7 Beds
4 Baths
-- Sq Ft
0.27 Acres

Last Sold November 16, 2018

Last sale price $425,000

34 Days on Market

Highlights

  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Paved or Partially Paved Lot
  • Cumberland Elementary School Rated A
  • Heating System Uses Steam

About This Home

As of November 2018

4 Unit, Multi Family Home Featuring 2 Stories. Each Story has 2 Units. 3 Units Include 2 Bdrm, 1 Bath and 1 Unit Includes 1 Bdrm, 1 Bath. All Tenants Are Long Term and Always Pay On Time. Coin Operated Washer & Dryer. 3 Car Garage, Detached is Rented By Neighbor. Property Has Freshly Painted Hallways, Roof was repaired (07/18), Newly Seal-Coated Driveway (07/18). New Water Tank (08/18). Designated Parking Spaces for Tenants as Well. EASILY RENTABLE OR LIVE IN ONE UNIT, COLLECT RENT FROM OTHERS. SELLER IS VERY MOTIVATED. ROOM FOR IMPROVEMENTS IN UNITS. GREAT INVESTMENT PROPERTY!

Last Agent to Sell the Property

Shiraz Syed

Baird & Warner Listed on: 09/10/2018

Baird & Warner

Last Buyer's Agent

Ewa Kocoj

Chicagoland Brokers, Inc. License #475128731

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,437

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 60x180
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Steam

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $51,600
  • Net Operating Income $33,203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,437

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: CO Detectors, Sprinkler-Lawn
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 459900
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Assigned
  • ParkingTotal: 9
  • Garage Details: 7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 18397

Schools

  • Middle/Junior School District: 62

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 60X180
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 33203
  • GrossIncome: 51600
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 9437
  • Tax Year: 2016
  • Tax Exemptions: None

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
11/16/2018 11/16/18 Sold $425,000 -7.6% --
10/14/2018 10/14/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $459,900 0.0% --
10/08/2018 10/08/18 Pending -- -- --
09/29/2018 09/29/18 Price Changed $459,900 -2.1% --
09/10/2018 09/10/18 For Sale $469,999 -- --
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: 10078378

Midwest Real Estate Data (MRED)