NOT LISTED FOR SALE
38 Beds
21 Baths
6,309 Sq Ft
1964 Built

Sale Details

Date Sold: August 23, 2021

Last sale price $737,500 $117 Per Sq Ft

46 Days on Market

About This Home

As of August 2021

Beautiful 6 Flat building located at NE corner Plainfield & Forest Preserve Dr. With 2 car garage attached, boiler water heater and roof replaced in the last 5 years. Five two-bedroom units and one studio. Very good rental area. The washer and dryer are coin-operated owned by the seller.

Last Agent to Sell the Property

Nino Ruffolo

Chicagoland Brokers Inc. License #475129121 Listed on: 03/29/2021

Last Buyer's Agent

Violetta Zdrzalka

@properties Christie's International Real Estate License #475162332

@properties Christie's International Real Estate
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

  • $11,252

Year Built

  • Built in 1964

Interior Spaces

  • 3-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 38 Bedrooms
  • 21 Bathrooms

Lot Details

  • Lot Dimensions are 145x95x30

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,278
  • Insurance Expense $3,299
  • Trash Expense $1,653
  • Water Sewer Expense $2,836
  • Operating Expense $23,648
  • Gross Income $67,270
  • Net Operating Income $43,622

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,252

Year Built

Built in 1964

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1964
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 21
  • Total Bedrooms: 38
  • Basement Description: Crawl
  • Fireplaces: 1
  • Dishwashers: 0
  • Number of Washers: 1
  • Room: 0

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas

Fee Information

  • Trash Expense: 1653
  • Water Sewer Expenses: 2836

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 145X95X30
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 43622
  • Insurance Expense: 3299
  • ElectricExpense: 1278
  • GrossIncome: 67270
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 23648
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 11252
  • Tax Year: 2019

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
Mar 29, 2021
Closed on
Aug 16, 2021
Sold by
Ricchio Antonio G and Ricchio Maria C
Bought by
Seller's Agent
Nino Ruffolo
Chicagoland Brokers Inc.
Buyer's Agent
Violetta Zdrzalka
@properties Christie's International Real Estate
Sold Price
$737,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,500
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2014
Sold by
Ricchio Maria and Ricchio Antonio G
Bought by
Ricchio Living Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Belmont Terrace, 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
$737,500 First American Title
Ricchio Living Trust -- None Available
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 $1,125,000
Closed Multi Homes Llc $521,500
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
08/23/2021 08/23/21 Sold $737,500 -12.1% $117 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $839,000 -- $133 / Sq Ft
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 $13,933 $81,001 $18,743 $62,258
2024 $13,933 $81,001 $18,743 $62,258
2023 $13,583 $66,000 $14,994 $51,006
2022 $13,583 $66,000 $14,994 $51,006
2021 $13,280 $66,000 $14,994 $51,006
2020 $10,855 $48,698 $9,371 $39,327
2019 $11,253 $55,975 $9,371 $46,604
2018 $11,063 $55,975 $9,371 $46,604
2017 $11,669 $54,176 $8,246 $45,930
2016 $10,857 $54,176 $8,246 $45,930
2015 $9,933 $54,176 $8,246 $45,930
2014 $10,543 $56,782 $7,497 $49,285
2013 $10,957 $60,201 $7,497 $52,704
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11035788

Midwest Real Estate Data (MRED)

APN: 12234110180000

Your Personal Tour Guide

Ask me questions while you tour the home.