Nicolae Cazacu
Real People Realty
(708) 787-8363
19 Total Sales
1 in Park Manor
$227,000 Price
414 E 73rd St Chicago, IL 60619
Park Manor Neighborhood
19
Beds
13
Baths
--
Sq Ft
6,162
Sq Ft Lot
About This Home
As of July 2023Long-term Owner offering stable and established 13-unit multifamily building. 100% occupancy with upgraded units, newer mechanicals, laundry facilities, newer porches, masonry, electrical, etc. No deferred maintenance and great mid-market, workforce housing location. Mix of 1- & converted 2-bedroom units currently generating $11K per month with room to raise rents. Opportunity for a 11% Cash-on-Cash return investment at List Price. Total Return exceeds 21% at List.
Last Agent to Sell the Property
Realty Asset Advisors LLC License #471021162 Listed on: 08/03/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,969
Year Built
- Built in 1920
Lot Details
- 6,162
Home Design
- Garden Apartment
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
Bedrooms and Bathrooms
- 19 Bedrooms
- 13 Bathrooms
Utilities
- Central Heating
- Radiator
- Heating System Uses Steam
- Heating System Uses Gas
Additional Features
- 3-Story Property
- 6,162 Sq Ft Lot
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 13 Units
Building Details
- Electric Expense $1,195
- Fuel Expense $12,000
- Insurance Expense $6,892
- Maintenance Expense $6,552
- Manager Expense $6,312
- Other Expense $6,208
- Trash Expense $1,568
- Water Sewer Expense $10,667
- Operating Expense $66,652
- Gross Income $133,740
- Net Operating Income $59,588
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
Aug 3, 2022
Closed on
Jul 26, 2023
Sold by
Bought by
Seller's Agent
Rob Thompson
Realty Asset Advisors LLC
Buyer's Agent
Rob Thompson
Realty Asset Advisors LLC
List Price
$775,000
Sold Price
$735,000
Premium/Discount to List
-$40,000
-5.16%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$442,751
Interest Rate
6.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2020
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
$525,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 12, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Park Manor, IL
-
Nicolae Cazacu
-
Jorge Mariscal
Jorge Mariscal
RE/MAX Partners
(708) 859-6514
128 Total Sales
1 in Park Manor
$272,500 Price
-
Tamika Marks
Tamika Marks
Trademarks & Associates
(888) 589-1720
263 Total Sales
4 in Park Manor
$65K - $245K Price Range
-
Conrad Carpenter
Conrad Carpenter
City & Suburbs Realty, Inc.
(888) 306-3925
13 Total Sales
1 in Park Manor
$97,500 Price
-
Dave Johnson
Dave Johnson
City and Field Real Estate
(872) 228-2280
83 Total Sales
1 in Park Manor
$275,000 Price
-
Israel Hernandez
Israel Hernandez
Epique Realty Inc
(219) 351-6354
94 Total Sales
1 in Park Manor
$450,000 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 |
|---|---|---|---|
| $735,000 | None Listed On Document | ||
| -- | Chicago Title | ||
| $405,000 | Cti |
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 | $575,000 | ||
| Previous Owner | $525,000 |
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 |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Off Market | $735,000 | -- | -- |
| 07/31/2023 07/31/23 | Sold | $735,000 | 0.0% | -- |
| 05/31/2023 05/31/23 | Off Market | $735,000 | -- | -- |
| 04/28/2023 04/28/23 | Pending | -- | -- | -- |
| 01/19/2023 01/19/23 | For Sale | $775,000 | +5.4% | -- |
| 01/05/2023 01/05/23 | Off Market | $735,000 | -- | -- |
| 11/22/2022 11/22/22 | For Sale | $775,000 | +5.4% | -- |
| 11/07/2022 11/07/22 | Off Market | $735,000 | -- | -- |
| 10/27/2022 10/27/22 | For Sale | $775,000 | 0.0% | -- |
| 08/16/2022 08/16/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | For Sale | $775,000 | -- | -- |
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 | $16,002 | $113,801 | $7,703 | $106,098 |
| 2024 | $16,002 | $113,801 | $7,703 | $106,098 |
| 2023 | $15,600 | $75,845 | $5,546 | $70,299 |
| 2022 | $15,600 | $75,845 | $5,546 | $70,299 |
| 2021 | $15,252 | $75,844 | $5,545 | $70,299 |
| 2020 | $13,955 | $62,643 | $5,545 | $57,098 |
| 2019 | $12,586 | $62,643 | $5,545 | $57,098 |
| 2018 | $12,374 | $62,643 | $5,545 | $57,098 |
| 2017 | $11,986 | $55,680 | $4,621 | $51,059 |
| 2016 | $6,230 | $31,105 | $4,621 | $26,484 |
| 2015 | $3,969 | $21,662 | $4,621 | $17,041 |
| 2014 | $5,005 | $26,974 | $4,621 | $22,353 |
| 2013 | $4,906 | $26,974 | $4,621 | $22,353 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Thompson
R
Seller's Agent in 2023
Rob Thompson
Realty Asset Advisors LLC
(773) 672-7335
4 in this area
11 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11482569
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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