NOT LISTED FOR SALE
12 Beds
6 Baths
5,646 Sq Ft
3,200 Sq Ft Lot

Sale Details

Date Sold: February 5, 2021

Last sale price $310,000 $55 Per Sq Ft

15 Days on Market

About This Home

As of February 2021

Amazing opportunity to own an income generating 6 unit brick building at an affordable price with low taxes. Utilities are separate, tenants pay electric and heat. Two spacious bedrooms 1 bath in each unit. Schedule your exclusive showing today!

Last Agent to Sell the Property

Leyla Jimenez

RE/MAX LOYALTY License #475168004 Listed on: 01/21/2021

RE/MAX LOYALTY

Last Buyer's Agent

Romi Olariu

Compass License #475136092

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1925

Lot Details

  • 3,200 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,646 Sq Ft Home
  • 4-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $863
  • Fuel Expense $600
  • Insurance Expense $2,125
  • Maintenance Expense $250
  • Trash Expense $1,120
  • Water Sewer Expense $2,880
  • Operating Expense $17,925
  • Gross Income $48,600
  • Net Operating Income $30,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,220

Year Built

Built in 1925

Lot Details

3,200 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 4
  • Year Built: 1925
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Non-Disclosure Agreement,No Sign on Property
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Utilities

  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1120
  • Water Sewer Expenses: 2880

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 3200
  • Lot Size Sq Ft: 3200
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 5646

Multi Family

  • Net Operating Income: 30675
  • Fuel Expense: 600
  • Insurance Expense: 2125
  • ElectricExpense: 863
  • GrossIncome: 48600
  • Maintenance Expense: 250
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 17925
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 4219.7
  • Tax Year: 2019

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

Closed on
Oct 26, 2021
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
$280,000
Interest Rate
0.0301%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 1996
Sold by
Bought by
Source: Public Records
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$310,000 Greater Illinois Title
-- --
$50,000 --
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
Closed $280,000
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
07/20/2021 07/20/21 Off Market $310,000 -- --
02/23/2021 02/23/21 For Sale -- -- --
02/05/2021 02/05/21 Sold $310,000 -13.9% $55 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $360,000 -- $64 / Sq Ft
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 $4,658 $38,000 $4,640 $33,360
2024 $4,658 $38,000 $4,640 $33,360
2023 $4,540 $22,000 $3,760 $18,240
2022 $4,540 $22,000 $3,760 $18,240
2021 $4,439 $22,000 $3,760 $18,240
2020 $4,070 $18,211 $3,760 $14,451
2019 $4,220 $20,933 $3,760 $17,173
2018 $4,148 $20,933 $3,760 $17,173
2017 $4,315 $19,975 $3,360 $16,615
2016 $4,001 $19,975 $3,360 $16,615
2015 $3,660 $19,975 $3,360 $16,615
2014 $4,150 $22,367 $3,200 $19,167
2013 $4,068 $22,367 $3,200 $19,167
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10976225

Midwest Real Estate Data (MRED)

APN: 16154270220000

Your Personal Tour Guide

Ask me questions while you tour the home.