NOT LISTED FOR SALE

406 E Taylor Ave Bartlett, IL 60103

Estimated Value: $454,000

9 Beds
6 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold March 12, 2020

Last sale price $560,000

Est. 19% decrease in value since last sale

Current estimated payment $2,554/month

57 Days on Market

About This Home

As of March 2020

Located on a quiet block in Bartlett that is walking distance to the Metra stop, schools, shopping and dining. Great location in a residential single family neighborhood. Units are occupied with a strong historical rental history. Tenants pay for their own electric, sewer and water and they are responsible for phone lines and cable as well. Age of roof: top is less than 5 yrs old. GARAGE spaces for every unit. Only three units have leases. All existing leases expire by July 2019. All meters are separate. Condo conversion is a possibility.

Last Agent to Sell the Property

Mary McFarland

REMAX Legends License #471007698 Listed on: 12/27/2019

REMAX Legends

Last Buyer's Agent

TADEUSZ DOLECKI

RE/MAX Properties Northwest License #475122828

RE/MAX Properties Northwest

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Lot Details

  • 10,019

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Air

Community Details

  • Insurance Expense $2,040

Listing and Financial Details

  • Tenant pays for electric, water/sewer

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Condominium
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2019
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 3330
  • Roof Coverings: Shingle Composition
  • Roof Structure: Mansard
  • Scavenger Expense: 841
  • Total Annual Income: 60540
  • Total Monthly Income: 5167
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1975
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1975

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.23
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 6-12 Spaces, Detached
  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Central Individual
  • Heatventilation: Electric, Separate Per Unit

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 489

Lot Info

  • Lot Dimensions: 132X78
  • Lot Sq Ft: 10452
  • Parcel Identification Number: 06351170000000

Rental Info

  • Gross Rental Income: 5045
  • Tenant Pays: Electric, Water/Sewer

Multi Family

  • Expense Year: 2019
  • Insurance Expense: 2040
  • Other Expenses: 1800

Tax Info

  • Taxes: 19669

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
03/12/2020 03/12/20 Sold $560,000 -5.9% --
02/22/2020 02/22/20 Pending -- -- --
02/15/2020 02/15/20 Price Changed $595,000 -8.5% --
12/27/2019 12/27/19 For Sale $650,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $2,097 $6,625 $5,025 $1,600
2023 $2,026 $6,625 $5,025 $1,600
2022 $2,026 $6,625 $5,025 $1,600
2021 $2,182 $5,871 $4,271 $1,600
2020 $2,153 $5,871 $4,271 $1,600
2019 $1,925 $5,871 $4,271 $1,600
2018 $1,919 $5,368 $3,768 $1,600
2017 $1,887 $5,368 $3,768 $1,600
2016 $2,056 $6,266 $3,768 $2,498
2015 $1,955 $5,513 $3,015 $2,498
2014 $1,931 $5,513 $3,015 $2,498
2013 $1,856 $5,513 $3,015 $2,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10598039

Midwest Real Estate Data (MRED)

APN: 06-35-117-002-0000