NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
1965 Built

Sale Details

Date Sold: January 20, 2015

Last sale price $300,000

72 Days on Market

About This Home

As of January 2015

Best priced 4-unit in all northwest suburbs!!! Roughly $84K per unit. Fully rented & rarely vacant. Updated Three 2BR & One 1BR apartments, hrdwd flooring in LRs & BRs, newer tear-off roof. Coin LDY provides addt'l income. 9 PKG spaces in rear. Tenants pay electric *** Ideal location, just off Rand Rd. Great investment and/or live in opportunity for a very well-maintained 4-unit brick bldg.

Last Agent to Sell the Property

John Gall

RCI Preferred Realty License #471010868 Listed on: 09/17/2014

Last Buyer's Agent

John Gall

RCI Preferred Realty License #471010868 Listed on: 09/17/2014

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

  • $8,932

Year Built

  • Built in 1965

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 9 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Crawl Space
  • Lot Dimensions are 59x187

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $40,200
  • Net Operating Income $26,122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,932

Year Built

Built in 1965

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Driveway
  • ParkingTotal: 9
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan, Public

Fee Information

  • Other Expenses $: 14078

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 59X187
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 26122
  • GrossIncome: 40200
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 8932
  • Tax Year: 2013
  • Tax Exemptions: None

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
Sep 17, 2014
Closed on
Jan 20, 2015
Sold by
Bought by
Seller's Agent
John Gall
RCI Preferred Realty
Buyer's Agent
John Gall
RCI Preferred Realty
List Price
$334,900
Sold Price
$300,000
Premium/Discount to List
-$34,900
-10.42%

Purchase Details

Closed on
Mar 27, 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
$240,000
Interest Rate
8.29%
Mortgage Type
Commercial
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
$300,000 Ct
$320,000 --
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 $240,000
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
01/20/2015 01/20/15 Sold $300,000 -10.4% --
11/28/2014 11/28/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $334,900 -- --
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 $12,839 $58,000 $11,280 $46,720
2024 $12,839 $49,852 $9,588 $40,264
2023 $12,531 $49,852 $9,588 $40,264
2022 $12,531 $49,852 $9,588 $40,264
2021 $10,140 $32,989 $7,896 $25,093
2020 $9,969 $32,989 $7,896 $25,093
2019 $10,205 $37,919 $7,896 $30,023
2018 $8,972 $30,000 $6,768 $23,232
2017 $8,813 $30,000 $6,768 $23,232
2016 $8,336 $30,000 $6,768 $23,232
2015 $9,358 $30,953 $5,922 $25,031
2014 $9,160 $30,953 $5,922 $25,031
2013 $8,932 $30,953 $5,922 $25,031
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08731088

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.