NOT LISTED FOR SALE
17 Beds
9 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold June 21, 2024

Last sale price $950,000

14 Days on Market

About This Home

As of June 2024

A real money maker 9 units in nice location. You can't go wrong here. Building consists of 8 one bedroom with 1 bath units and 1 two bedrooms with one bath unit. Basement laundry room with tenant storage lockers. Most of the tenants are long term.

Last Agent to Sell the Property

Adam Matuszek

PROSALES REALTY License #475124715 Listed on: 10/02/2023

Last Buyer's Agent

Michael Mandile

Compass License #475174712

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,133

Year Built

  • Built in 1960

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Garden Apartment
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 9 Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $504
  • Fuel Expense $8,232
  • Insurance Expense $5,564
  • Maintenance Expense $5,650
  • Trash Expense $3,332
  • Water Sewer Expense $6,665
  • Operating Expense $47,080
  • Gross Income $107,040
  • Net Operating Income $60,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,133

Year Built

Built in 1960

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Garden Complex
  • Stories: 3
  • Year Built: 1960
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 9
  • Total Bedrooms: 17
  • Fireplaces: 1
  • Refrigerators: 9
  • Ranges: 9
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water,Radiators

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 3332
  • Water Sewer Expenses: 6665

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X120
  • Lot Size Sq Ft: 6000
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Month To Month

Multi Family

  • Net Operating Income: 60960
  • Fuel Expense: 8232
  • Insurance Expense: 5564
  • ElectricExpense: 504
  • GrossIncome: 107040
  • Maintenance Expense: 5650
  • NumberOfUnitsTotal: 9
  • OperatingExpense: 47080
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 17133
  • Tax Year: 2021
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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 List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $950,000 -17.4% --
10/18/2023 10/18/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $1,150,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $17,977 $86,800 $18,600 $68,200
2024 $17,977 $86,800 $18,600 $68,200
2023 $17,524 $85,202 $12,000 $73,202
2022 $17,524 $85,202 $12,000 $73,202
2021 $17,133 $85,201 $12,000 $73,201
2020 $11,993 $53,834 $12,000 $41,834
2019 $10,816 $53,834 $12,000 $41,834
2018 $10,634 $53,834 $12,000 $41,834
2017 $11,084 $51,487 $9,000 $42,487
2016 $10,312 $51,487 $9,000 $42,487
2015 $9,435 $51,487 $9,000 $42,487
2014 $8,006 $43,148 $7,200 $35,948
2013 $7,848 $43,148 $7,200 $35,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11898728

Midwest Real Estate Data (MRED)
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