Chris Vernald
Engel & Voelkers Chicago
(708) 859-7250
165 Total Sales
2 in Des Plaines
$400K - $415K Price Range
398 N 3rd Ave Des Plaines, IL 60016
Des Plaines Area
7
Beds
4
Baths
--
Sq Ft
1965
Built
Highlights
- 4 Car Detached Garage
- Cumberland Elementary School Rated A
- Baseboard Heating
About This Home
As of May 2020THIS IS AN EXCELLENT INVESTMENT OPPORTUNITY! WELL MAINTAINED BRICK 4 FLAT WITH 4 CAR GARAGE & 5 PARKING SPACES! 3 UNITS ARE 2 BED/1 BATH AND 1 UNIT 1 BED/1 BATH. THERE IS A 4 CAR GARAGE LEASED FOR ADDITIONAL INCOME AND COIN WASHER & DRYER. 10 YEAR OLD ARCHITECTURAL ROOF SHINGLES. FULLY OCCUPIED, LONG TERM TENANTS M/M. VERY MANAGEABLE AND PROFITABLE BUILDING! TAKE ADVANTAGE OF TODAY'S LOW INTEREST RATES AND SECURE AN EXCELLENT INVESTMENT!
Last Agent to Sell the Property
HomeSmart Connect LLC License #475122679 Listed on: 03/18/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,814
Year Built
- Built in 1965
Parking
- 4 Car Detached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Basement
- Crawl Space
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Gross Income $48,600
- Net Operating Income $28,258
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 18, 2020
Closed on
May 29, 2020
Sold by
Bought by
Seller's Agent
George Metinidis
HomeSmart Connect LLC
Buyer's Agent
Enrique Aguilar
RE/MAX Horizon
List Price
$429,900
Sold Price
$429,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,425
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2013
Sold by
Bought by
Purchase Details
Closed on
Sep 21, 2012
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 2001
Sold by
Bought by
Purchase Details
Closed on
Apr 28, 2000
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
$215,000
Interest Rate
7.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 18, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Des Plaines, IL
-
Chris Vernald
-
Holly Connors
Holly Connors
@properties Christie's International Real Estate
(773) 985-2352
758 Total Sales
11 in Des Plaines
$201K - $645K Price Range
-
Jason Rosenberg
Jason Rosenberg
Responds QuicklyInfiniti Properties, Inc.
(833) 324-4132
174 Total Sales
2 in Des Plaines
$383K - $415K Price Range
-
Nancy Karp
Nancy Karp
@properties Christie's International Real Estate
(224) 287-9730
80 Total Sales
1 in Des Plaines
$274,000 Price
-
Erica Cuneen
Erica Cuneen
Beyond Properties Realty Group
(630) 757-8294
312 Total Sales
2 in Des Plaines
$429K - $533K Price Range
-
Laura Catrambone-Gerace
Laura Catrambone-Gerace
Coldwell Banker Stratford Place
(224) 507-7159
172 Total Sales
1 in Des Plaines
$331,500 Price
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 |
|---|---|---|---|
| $430,000 | Chicago Title | ||
| -- | None Available | ||
| -- | Fidelity National Title | ||
| -- | -- | ||
| $325,000 | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $322,425 | ||
| Previous Owner | $215,000 |
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 |
|---|---|---|---|---|
| 05/29/2020 05/29/20 | Sold | $429,900 | 0.0% | -- |
| 04/24/2020 04/24/20 | Pending | -- | -- | -- |
| 04/16/2020 04/16/20 | For Sale | $429,900 | 0.0% | -- |
| 03/23/2020 03/23/20 | Pending | -- | -- | -- |
| 03/18/2020 03/18/20 | For Sale | $429,900 | -- | -- |
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 | $59,000 | $11,280 | $47,720 |
| 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 | $10,289 | $33,472 | $7,896 | $25,576 |
| 2020 | $10,276 | $34,004 | $7,896 | $26,108 |
| 2019 | $10,519 | $39,086 | $7,896 | $31,190 |
| 2018 | $10,814 | $36,160 | $6,768 | $29,392 |
| 2017 | $10,623 | $36,160 | $6,768 | $29,392 |
| 2016 | $10,048 | $36,160 | $6,768 | $29,392 |
| 2015 | $9,344 | $30,908 | $5,922 | $24,986 |
| 2014 | $9,147 | $30,908 | $5,922 | $24,986 |
| 2013 | $8,919 | $30,908 | $5,922 | $24,986 |
Source: Public Records
Agents Affiliated with this Home
-
George Metinidis
Seller's Agent in 2020
George Metinidis
The McDonald Group
(847) 561-5106
6 Total Sales
-
Enrique Aguilar
Buyer's Agent in 2020
Enrique Aguilar
RE/MAX
(847) 293-0501
88 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10670628
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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