Seller's Agent in 2024
Sabrina Glover
Platinum Partners Realtors
(630) 523-9989
11 in this area
288 Total Sales
33 W Naperville Rd Westmont, IL 60559
North Westmont NeighborhoodEstimated Value: $1,573,000
8
Beds
--
Bath
10,170
Sq Ft
$155/Sq Ft
Est. Value
About This Home
As of August 2024Exceptional multi-family investment opportunity near downtown Westmont, consisting of two parcels that include a duplex and a 10-unit building - 12 Units Total. The duplex comprises two generously sized 2-bedroom, 1-bathroom apartments, while the 10-unit building offers a diverse mix of accommodations, including 2 studios, 6 1-bedroom, 1-bathroom apartments, and 2 2-bedroom, 1-bathroom apartments. This property, owned by its original proprietors, has been impeccably maintained over the years, boasting long-term tenants who currently pay below-market rents. With detailed Rent Roll and expense information available under the "Additional Information" tab, there's ample room to add value by adjusting rents to align with market standards. Situated in close proximity to downtown Westmont, tenants enjoy easy access to an array of restaurants, retail outlets, and vibrant local amenities. Don't miss out on this rare opportunity to invest in a well-maintained multi-family property in a highly sought-after location.
Last Agent to Sell the Property
Platinum Partners Realtors License #475168174 Listed on: 03/13/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,959
Year Built
- Built in 1967
Lot Details
- 0.53 Acre Lot
- Lot Dimensions are 158 x 180 x 150 x 128
- Additional Parcels
Home Design
- Garden Apartment
- Brick Exterior Construction
Interior Spaces
- 10,170 Sq Ft Home
- 2-Story Property
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $2,328
- Fuel Expense $7,360
- Insurance Expense $5,091
- Maintenance Expense $3,550
- Other Expense $1,770
- Trash Expense $2,386
- Water Sewer Expense $3,405
- Operating Expense $50,149
- Gross Income $134,876
- Net Operating Income $93,368
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2024
Closed on
Aug 6, 2024
Sold by
Frank Bellerive Trust and Bellerive Thomas
Bought by
33 W Naperville Road Llc
Seller's Agent
Sabrina Glover
Platinum Partners Realtors
Buyer's Agent
Anthony Munoz
Listing Leaders Northwest, Inc
List Price
$2,400,000
Sold Price
$1,650,000
Premium/Discount to List
-$750,000
-31.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,000
Avg. Annual Appreciation
-4.07%
Original Mortgage
$2,475,000
Outstanding Balance
$2,446,234
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$873,234
Purchase Details
Closed on
Mar 22, 2014
Sold by
Provost Elizabeth
Bought by
Bellerive Arlene and Bellerive Thomas
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 33 W Naperville Road Llc | $1,650,000 | None Listed On Document | |
| Bellerive Arlene | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 33 W Naperville Road Llc | $2,475,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2024 08/09/24 | Sold | $1,650,000 | -31.3% | $162 / Sq Ft |
| 03/13/2024 03/13/24 | For Sale | $2,400,000 | -- | $236 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $16,615 | $255,643 | $66,116 | $189,527 |
| 2023 | $14,604 | $217,600 | $60,780 | $156,820 |
| 2022 | $14,542 | $217,600 | $56,280 | $161,320 |
| 2021 | $13,984 | $215,130 | $55,640 | $159,490 |
| 2020 | $13,703 | $210,870 | $54,540 | $156,330 |
| 2019 | $13,261 | $202,330 | $52,330 | $150,000 |
| 2018 | $12,958 | $192,700 | $49,840 | $142,860 |
| 2017 | $10,946 | $160,630 | $47,960 | $112,670 |
| 2016 | $10,794 | $153,300 | $45,770 | $107,530 |
| 2015 | $18,986 | $257,100 | $43,060 | $214,040 |
| 2014 | $14,453 | $190,100 | $30,130 | $159,970 |
| 2013 | $13,626 | $189,210 | $29,990 | $159,220 |
Source: Public Records
Agents Affiliated with this Home
-
Sabrina Glover
-
Danny Glover
Seller Co-Listing Agent in 2024
Danny Glover
Platinum Partners Realtors
(630) 728-3459
1 in this area
2 Total Sales
-
Anthony Munoz
Buyer's Agent in 2024
Anthony Munoz
Listing Leaders Northwest, Inc
(224) 627-1295
1 in this area
5 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12003552
APN: 09-09-210-004
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