NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
1964 Built

Sale Details

Date Sold: October 25, 2016

Last sale price $355,000

17 Days on Market

Highlights

  • First Floor Utility Room
  • Heating System Uses Steam
  • Paved or Partially Paved Lot
  • Fenced Yard

About This Home

As of October 2016

This is a solid, 4-unit building in an excellent area. There are 3, 2-bedroom units and 1, 1-bedroom unit. Each unit needs minor cosmetic repairs. This is a cash flow producing property! It will not last. In each unit: enter into a large LR/DR area just a few steps away from a nicely-sized kitchen. Enjoy a spacious bathroom in each unit too! All bedrooms are spacious with ample closet space. Close to schools, shopping and transportation. A must see. A 10! Show and sell. Use today's low interest rates to secure an excellent investment opportunity!

Last Agent to Sell the Property

Peter Drossos

Peter Drossos Real Estate License #471010251 Listed on: 07/29/2016

Last Buyer's Agent

Alicja Creamer

Access Realtors, INC. License #471010397

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

  • $9,349

Year Built

  • Built in 1964

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • First Floor Utility Room
  • Crawl Space
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Lot Details

  • Lot Dimensions are 61 x 188
  • Fenced Yard
  • Paved or Partially Paved Lot

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water
  • TV Antenna

Community Details

  • 4 Units
  • 4 Flat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,349

Year Built

Built in 1964

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: TV Antenna, CO Detectors
  • Room Type: Utility Room-1st Floor
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 61 X 188
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 9348.8
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

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
Jul 29, 2016
Closed on
Oct 19, 2016
Sold by
Bought by
Seller's Agent
Peter Drossos
Peter Drossos Real Estate
Buyer's Agent
Alicja Creamer
Access Realtors, INC.
List Price
$360,000
Sold Price
$355,000
Premium/Discount to List
-$5,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$223,848
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 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
$380,250
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Des Plaines, 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
-- Chicago Title
-- None Available
-- First American Title Insuran
$507,000 Atgf Inc
$275,000 Professional National Title
-- --
$235,000 --
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 $280,000
Previous Owner $380,250
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
10/25/2016 10/25/16 Sold $355,000 -1.4% --
08/15/2016 08/15/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $360,000 -- --
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 $12,919 $58,000 $11,280 $46,720
2024 $12,919 $49,000 $9,588 $39,412
2023 $12,608 $49,000 $9,588 $39,412
2022 $12,608 $49,000 $9,588 $39,412
2021 $10,436 $33,949 $7,896 $26,053
2020 $10,259 $33,949 $7,896 $26,053
2019 $10,501 $39,022 $7,896 $31,126
2018 $10,122 $33,844 $6,768 $27,076
2017 $9,943 $33,844 $6,768 $27,076
2016 $9,405 $33,844 $6,768 $27,076
2015 $9,349 $30,924 $5,922 $25,002
2014 $9,152 $30,924 $5,922 $25,002
2013 -- $30,924 $5,922 $25,002
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09301126

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.