NOT LISTED FOR SALE
24 Beds
12 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold January 07, 2021

Last sale price $865,000

171 Days on Market

About This Home

As of January 2021

COVID RESISTANT! HUGE, TURN KEY INVESTMENT 6-Flat! Sec 8 pays your mortgage! Fully occupied! Gross Rent $8,935/Month. 2012 gut rehab - includes plumbing, electrical, roof. All units are 4 bed/2 bath 1500+ sqft. Wood floors, granite countertops, A/C, in unit furnace, water heater, dishwasher and microwave. (5) Section8 long-term tenants. Beautiful treeline street a block from Oak Park, without the high taxes. Tenants pay all utilities, except water. Low tax/insurance/expenses. Rent increase potential! MASSIVE basement to build out garden units and/or a laundry room and storage room.

Last Agent to Sell the Property

Michelle Paz

Worth Clark Realty License #471021454 Listed on: 02/12/2020

Worth Clark Realty

Last Buyer's Agent

Ryan Gallen

Compass License #475186629

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1928

Lot Details

  • 7,405

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air

Additional Features

  • Unfinished Basement

Community Details

  • Insurance Expense $3,490

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2018
  • Net Oper Income: 87992
  • Outdoor Parking: 6-12 Spaces
  • Roof Structure: Flat
  • Scavenger Expense: 1619
  • Total Annual Exp: 19228
  • Total Annual Income: 107220
  • Total Monthly Income: 8935
  • Unincorporated: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 4
  • Estimated Year Built: 1928
  • Type Multi Family: Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1928

Interior Features

  • Basement: Unfinished

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.17
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Gas
  • Water Expense: 3200

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 1300
  • Janitor Expense: 1200

Lot Info

  • Lot Dimensions: 50 X 150
  • Parcel Identification Number: 16084180160000

Rental Info

  • Gross Rental Income: 8935
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2018
  • Insurance Expense: 3490
  • Other Expenses: 1000
  • Number Of Dishwashers: 6

Tax Info

  • Taxes: 7419

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
01/07/2021 01/07/21 Sold $865,000 0.0% --
08/25/2020 08/25/20 Off Market $865,000 -- --
05/07/2020 05/07/20 For Sale $899,900 +4.0% --
04/07/2020 04/07/20 Off Market $865,000 -- --
02/12/2020 02/12/20 For Sale $899,900 +12.5% --
04/20/2018 04/20/18 Sold $800,000 -2.4% --
03/16/2018 03/16/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $820,000 -- --
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: MRD10636110

Midwest Real Estate Data (MRED)