NOT LISTED FOR SALE
12 Beds
6 Baths
-- Sq Ft
1976 Built

Sale Details

Date Sold: October 31, 2024

Last sale price $1,045,000

4 Days on Market

About This Home

As of October 2024

Do not miss this great opportunity to invest. Location !!, Location !!, and Location !! Great School District There has been no Vacancy & no delay in the Rent from the tenants since the ownership. All unit has 2 beds and 1 Bath Coin Laundry in the basement; Storage for each tenant in the basement and Large Storage for the owner in the basement. convenient location near shopping, restaurant, grocery, and highway.

Last Agent to Sell the Property

Sung Hye Kim

Utopia Real Estate Inc. License #475203458 Listed on: 08/05/2024

Co-Listed By

Steven Cho

Utopia Real Estate Inc. License #475132376

Last Buyer's Agent

Roxana Iacob

Key Realty, Inc. License #475173269

Key Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,417

Year Built

  • Built in 1976

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

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

Additional Features

  • 3-Story Property
  • Lot Dimensions are 64x56

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $594
  • Fuel Expense $3,550
  • Insurance Expense $3,392
  • Maintenance Expense $5,000
  • Other Expense $5,820
  • Water Sewer Expense $2,896
  • Operating Expense $20,712
  • Gross Income $107,400
  • Net Operating Income $71,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,417

Year Built

Built in 1976

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1976
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Room: 0

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Central Bldg Heat,Hot Water

Condo/Co-op/Association

  • Owners Association (Y/N): Yes

Fee Information

  • Water Sewer Expenses: 2896

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 64X56
  • Zoning: COMMR
  • Alternate Phone Number: (847) 877-0011

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 2

Multi Family

  • Net Operating Income: 71472
  • Fuel Expense: 3550
  • Insurance Expense: 3392
  • ElectricExpense: 594
  • GrossIncome: 107400
  • Maintenance Expense: 5000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20712
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 16416.6
  • Tax Year: 2023

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
Aug 5, 2024
Closed on
Oct 28, 2024
Sold by
Bought by
Seller's Agent
Sung Hye Kim
Utopia Real Estate Inc.
Buyer's Agent
Roxana Iacob
Key Realty, Inc.
List Price
$950,000
Sold Price
$1,045,000
Premium/Discount to List
$95,000
10%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,500
Outstanding Balance
$742,025
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,800
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,045,000 Fidelity National Title
-- Chicago Title
-- Multiple
$656,000 Atgf Inc
-- --
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 $757,500
Previous Owner $480,000
Previous Owner $500,000
Previous Owner $524,800
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
10/31/2024 10/31/24 Sold $1,045,000 +6.1% --
08/09/2024 08/09/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $985,000 +3.7% --
08/05/2024 08/05/24 For Sale $950,000 -- --
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 $16,417 $96,000 $4,289 $91,711
2024 $16,417 $74,958 $3,931 $71,027
2023 $16,035 $74,958 $3,931 $71,027
2022 $16,035 $74,958 $3,931 $71,027
2021 $14,380 $58,099 $4,288 $53,811
2020 $13,682 $58,099 $4,288 $53,811
2019 $13,884 $66,781 $4,288 $62,493
2018 $14,663 $64,193 $3,752 $60,441
2017 $13,128 $64,193 $3,752 $60,441
2016 $12,476 $64,193 $3,752 $60,441
2015 $11,246 $52,902 $3,037 $49,865
2014 $12,594 $60,805 $3,037 $57,768
2013 $12,315 $60,805 $3,037 $57,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12129141

Midwest Real Estate Data (MRED)
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