A
Seller's Agent in 2021
Andrew Lachowicz
REALTYONE and Associates LLC
(847) 877-8764
1 in this area
3 Total Sales
420 N 3rd Ave Des Plaines, IL 60016
7
Beds
4
Baths
--
Sq Ft
0.25
Acres
Highlights
- 2.5 Car Detached Garage
- Cumberland Elementary School Rated A
- Baseboard Heating
About This Home
As of July 2021Attention Investors!!!! Positive cash flow (over $5000 of monthly gross income) and a great opportunity to own a maintenance free property that will provide years of income. All units are occupied. Impeccably maintained all brick four-unit building in a very convenient and popular off-street location close to shopping, dining, hospitals, and a community college. The building has been almost completely remodeled within the past two years. Units feature: all new bathrooms, two brand new kitchens with quartz countertops, two partially remodeled kitchens, new plank floors in two units, and much, much more. Newer roof, boiler and water heather (all installed in 2016). Landry room and common area have been completely remodeled with new tiles installed on Schluter Ditra (as shown on picture #14), and new higher-grade carpet on the stairs. Oversized 2+ car garage and exterior parking spaces. Extra income from garage, one leased parking space and laundromat. A must see. Act quickly as this opportunity will not last long!
Last Agent to Sell the Property
REALTYONE and Associates LLC License #475190014 Listed on: 06/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,531
Year Built
- Built in 1965 | Remodeled in 2020
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 60 x 188
Parking
- 2.5 Car Detached Garage
- Garage Door Opener
- Parking Space is Owned
- Assigned Parking
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Basement
- Crawl Space
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 4 Units
- Gross Income $62,172
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
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/27/2021 07/27/21 | Sold | $565,000 | 0.0% | -- | |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- | |
| 06/09/2021 06/09/21 | For Sale | $565,000 | +71.2% | -- | |
| 07/31/2015 07/31/15 | Sold | $330,000 | -8.3% | -- | View Prior Sale |
| 06/11/2015 06/11/15 | Pending | -- | -- | -- | |
| 05/28/2015 05/28/15 | For Sale | $360,000 | +14.6% | -- | |
| 06/06/2014 06/06/14 | Sold | $314,000 | -1.3% | -- | View Prior Sale |
| 05/02/2014 05/02/14 | Pending | -- | -- | -- | |
| 04/30/2014 04/30/14 | For Sale | $318,000 | 0.0% | -- | |
| 04/25/2014 04/25/14 | Pending | -- | -- | -- | |
| 04/18/2014 04/18/14 | For Sale | $318,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $13,974 | $60,000 | $11,280 | $48,720 |
| 2024 | $13,974 | $53,000 | $9,588 | $43,412 |
| 2023 | $12,758 | $53,000 | $9,588 | $43,412 |
| 2022 | $12,758 | $53,000 | $9,588 | $43,412 |
| 2021 | $10,465 | $34,045 | $7,896 | $26,149 |
| 2020 | $10,288 | $34,045 | $7,896 | $26,149 |
| 2019 | $10,531 | $39,133 | $7,896 | $31,237 |
| 2018 | $10,824 | $36,194 | $6,768 | $29,426 |
| 2017 | $10,633 | $36,194 | $6,768 | $29,426 |
| 2016 | $10,058 | $36,194 | $6,768 | $29,426 |
| 2015 | $9,352 | $30,933 | $5,922 | $25,011 |
| 2014 | $9,154 | $30,933 | $5,922 | $25,011 |
| 2013 | $8,926 | $30,933 | $5,922 | $25,011 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Lachowicz
-
Eva Cuper
Buyer's Agent in 2021
Eva Cuper
EHomes Realty, Ltd
(773) 392-5741
5 in this area
67 Total Sales
-
Joseph Licari
Seller's Agent in 2015
Joseph Licari
Keller Williams Success Realty
(847) 344-1200
2 in this area
28 Total Sales
-
I
Buyer's Agent in 2015
Izabella Tabor
EHomes Realty, Ltd
-
Kobra Hall
Seller's Agent in 2014
Kobra Hall
Fulton Grace Realty
(773) 297-5261
8 Total Sales
-
John Gall
Buyer's Agent in 2014
John Gall
RCI Preferred Realty
(773) 220-4421
1 in this area
51 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11116304
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