NOT LISTED FOR SALE
42 Beds
36 Baths
-- Sq Ft
1990 Built

Last Sold February 04, 2025

Last sale price $980,000

About This Home

As of February 2025

SOLD BEFORE PROCESSING. Contact broker for more information. INCREDIBLE INVESTMENT OPPORTUNITY IN DES PLAINES. This all brick 6 unit is made up of ALL 2 bedroom units. 5 of 6 units have 2 bathrooms as well. BUILT IN 1990.. 5 (2) bedrooms & (2) bathrooms. 1 (2) bedroom & (1) bathroom. Great location. Great income. Tenant pays electric and heat! All units include balconies!

Last Agent to Sell the Property

Mohammad Salim

Realty One Group Excel License #475206331 Listed on: 12/11/2024

Last Buyer's Agent

Mohammad Fatani

Realty One Group Excel License #475202050

Realty One Group Excel

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,404

Year Built

  • Built in 1990

Home Design

  • Brick Exterior Construction

Additional Features

  • 3-Story Property
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,800
  • Fuel Expense $1,000
  • Insurance Expense $3,000
  • Maintenance Expense $2,400
  • Other Expense $4,200
  • Water Sewer Expense $3,600
  • Operating Expense $34,405
  • Gross Income $132,000
  • Net Operating Income $97,595

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,404

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1990
  • Built Before 1978 (Y/N): No
  • Information: 48-Hr Notice Required
  • Estimated Age: 26-35 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Forced Air

Fee Information

  • Water Sewer Expenses: 3600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6660
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 5

Multi Family

  • Net Operating Income: 97595
  • Fuel Expense: 1000
  • Insurance Expense: 3000
  • ElectricExpense: 1800
  • GrossIncome: 132000
  • Maintenance Expense: 2400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 34405
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18404
  • Tax Year: 2023
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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
02/04/2025 02/04/25 Sold $980,000 -6.7% --
02/03/2025 02/03/25 For Sale $1,050,000 +7.1% --
01/30/2025 01/30/25 Off Market $980,000 -- --
12/11/2024 12/11/24 Pending -- -- --
12/11/2024 12/11/24 For Sale $1,050,000 0.0% --
08/08/2023 08/08/23 For Rent $1,600 0.0% --
07/08/2023 07/08/23 For Rent $1,600 0.0% --
06/19/2023 06/19/23 For Rent $1,600 0.0% --
03/15/2023 03/15/23 Price Changed $1,600 0.0% $1 / Sq Ft
03/11/2023 03/11/23 For Rent $1,600 -- --
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 $18,404 $91,000 $2,173 $88,827
2024 $18,404 $69,446 $2,173 $67,273
2023 $17,707 $69,446 $2,173 $67,273
2022 $17,707 $69,446 $2,173 $67,273
2021 $19,100 $62,081 $2,638 $59,443
2020 $18,750 $62,081 $2,638 $59,443
2019 $18,372 $68,979 $2,638 $66,341
2018 $16,990 $56,360 $2,328 $54,032
2017 $16,770 $56,360 $2,328 $54,032
2016 $15,745 $56,360 $2,328 $54,032
2015 $14,910 $49,059 $2,017 $47,042
2014 $14,480 $49,059 $2,017 $47,042
2013 $14,111 $49,059 $2,017 $47,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12208542

Midwest Real Estate Data (MRED)

APN: 09-09-401-092-0000

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