NOT LISTED FOR SALE

4171 Williamsburg Ct Glenview, IL 60025

Estimated Value: $191,000 - $992,000

11 Beds
6 Baths
-- Sq Ft
2.89 Acres

Last Sold June 30, 2022

Last sale price $785,000

Est. 6% decrease in value since last sale

Current estimated payment $5,260/month

3 Days on Market

About This Home

As of June 2022

All brick 6 unit apartment building located in a fantastic school district in Glenview and close to highly rated Glenbrook South High School. The complex is 100% occupied and rents are below market rate for 4171. Many units have long term renters. This is a hands ON or OFF investment depending on whether the owner chooses to use the management company (saving $) or self manage. Many of the units have had upgrades added by the current owners. Tenants pay their own utilities - gas, electric and cable, internet. This complex is part of the association and association fees of $562/mo cover building insurance, snow removal, lawn care and scavenger. The parking lot was recently paved and each unit gets exterior parking .

Last Agent to Sell the Property

Jane Stahmer

@properties Christie's International Real Estate Listed on: 05/12/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Lucy Piechota

Hometown Real Estate Group LLC License #475122468

Hometown Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,822

Year Built

  • Built in 1991

Lot Details

  • 2.89

Home Design

  • Garden Apartment

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 50x100
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,170
  • Fuel Expense $1,226
  • Maintenance Expense $5,000
  • Other Expense $3,600
  • Water Sewer Expense $3,739
  • Operating Expense $22,458
  • Gross Income $81,100
  • Net Operating Income $58,642

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,822

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Garden Complex
  • Stories: 3
  • Year Built: 1991
  • Built Before 1978 (Y/N): No
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 795000

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Unincorporated (Y/N): Yes

Fee Information

  • Water Sewer Expenses: 3739
  • Janitor Expense: 500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X100
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 58642
  • Fuel Expense: 1226
  • ElectricExpense: 1170
  • GrossIncome: 81100
  • Maintenance Expense: 5000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 22458
  • Expense Year: 2021
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 12822
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 29, 2022
Sold by
Wmm Llc
Bought by
Piechota Jerzy and Piechota Lucyna
Seller's Agent
Jane Stahmer
@properties Christie's International Real Estate
Buyer's Agent
Lucy Piechota
Hometown Real Estate Group LLC
List Price
$795,000
Sold Price
$785,000
Premium/Discount to List
-$10,000
-1.26%
Current Estimated Value
$739,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,312
Avg. Annual Appreciation
-2.69%
Original Mortgage
$588,750
Outstanding Balance
$508,972
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$212,339

Purchase Details

Closed on
Jan 29, 2018
Sold by
Ed & Cath Llc
Bought by
Wmm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Ed & Cath Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Piechota Jerzy $785,000 Chicago Title
Wmm Llc $1,208,000 None Available
Ed & Cath Llc -- Chicago Title Land Trust Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piechota Jerzy $588,750
Previous Owner Wmm Llc $453,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $785,000 -1.3% --
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $795,000 -- --
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 $14,101 $66,320 $9,231 $57,089
2023 $13,460 $66,320 $9,231 $57,089
2022 $13,460 $66,320 $9,231 $57,089
2021 $12,857 $54,469 $6,293 $48,176
2020 $12,822 $54,469 $6,293 $48,176
2019 $11,963 $60,369 $6,293 $54,076
2018 $10,747 $48,760 $5,454 $43,306
2017 $10,450 $48,760 $5,454 $43,306
2016 $9,851 $48,760 $5,454 $43,306
2015 $10,667 $47,016 $4,405 $42,611
2014 $10,417 $47,016 $4,405 $42,611
2013 $11,355 $52,719 $4,405 $48,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402571

Midwest Real Estate Data (MRED)

APN: 04-32-302-015-1008