NOT LISTED FOR SALE

428 Filweber Ct Antioch, IL 60002

Antioch Area

Estimated Value: $716,000

22 Beds
13 Baths
7,513 Sq Ft
$95/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2023

Last sale price $999,999 $133 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $4,719 / mo

118 Days on Market

Highlights

  • 0.53 Acre Lot
  • Cul-De-Sac
  • Baseboard Heating
  • Antioch Community High School Rated A-
  • Brick Exterior Construction

About This Home

As of March 2023

2 Buildings are being sold together, 428 Filweber and 434 Filweber. 2 Separate pins for a total of 12 Units. 100% rented. Well-maintained brick and stone building, laundry in the basement. The units have always been easy to rent and are close to shopping, eating, and main roads. Plus, all units have separate boilers for hot water heat, and Meters for gas and electricity. Both buildings have roofs that are less than 3-years-old. Each unit is provided with 2 parking spaces. At 428 Filwenber all 6 units have 2 bedrooms with 1 bath / - 434 Filweber has 1-three bedroom 2 bath, two- 2 bedroom 1 bath, and three- 1-bedroom 1 bath units Expenses listed are for both Buildings. This could be your opportunity to Expand your portfolio or become an investor today. These units have always been easy to rent. Total property taxes for both units are $25,451.34 2nd pin is 02083090270000

Last Agent to Sell the Property

Kevin Kalbach

Realty Executives Cornerstone License #475169849 Listed on: 10/07/2022

Realty Executives Cornerstone

Last Buyer's Agent

Daniel Hugo Mendez

Charles Rutenberg Realty of IL License #475177604

Charles Rutenberg Realty of IL
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,451

Year Built

  • Built in 1970

Lot Details

  • 23,087 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Fiberglass Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,513 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 13 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $853
  • Fuel Expense $1,935
  • Insurance Expense $10,485
  • Maintenance Expense $5,231
  • Manager Expense $1,000
  • Other Expense $5,500
  • Trash Expense $1,459
  • Water Sewer Expense $4,766
  • Operating Expense $51,847
  • Gross Income $122,820
  • Net Operating Income $73,373

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,451

Year Built

Built in 1970

Lot Details

0.53 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 1
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 13
  • Total Bedrooms: 22
  • Basement Description: Unfinished,Crawl
  • Fire Protection: Other,Carbon Monoxide Detector(s)
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 12
  • Ranges: 12
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Stone
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition, Fiberglass
  • Exterior Building Type: Brick,Stone
  • Roof Structure: Hip

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Utilities: Water-Municipal
  • Heat/Ventilation: Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 1000
  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1459
  • Water Sewer Expenses: 4766
  • Operating Expense Includes: Accounting,Legal,Maintenance,Maintenance Grounds

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.53
  • Lot Dimensions: .53
  • Zoning: MULTI
  • Alternate Phone Number: (815) 321-4250

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 3
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 7513

Multi Family

  • Net Operating Income: 73373
  • Fuel Expense: 1935
  • Insurance Expense: 10485
  • ElectricExpense: 853
  • GrossIncome: 122820
  • Maintenance Expense: 5231
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 51847
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 25451.3
  • Tax Year: 2021

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
Mar 24, 2021
Sold by
Seebold William J and Seebold Sharon A
Bought by
Current Estimated Value
$716,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$208,867
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$507,133
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$280,000 None Available
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 $238,000
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
03/15/2023 03/15/23 Sold $999,999 -16.7% $133 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
12/05/2022 12/05/22 Price Changed $1,199,900 -4.0% $160 / Sq Ft
10/07/2022 10/07/22 For Sale $1,250,000 -- $166 / 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 $8,116 $200,000 $32,040 $167,960
2024 $8,116 $200,000 $32,040 $167,960
2023 $7,604 $200,000 $32,040 $167,960
2022 $7,423 $200,000 $32,040 $167,960
2021 $7,465 $200,000 $32,040 $167,960
2020 $9,615 $200,000 $32,040 $167,960
2019 $9,694 $200,000 $32,040 $167,960
2018 $9,694 $200,000 $32,040 $167,960
2017 $9,241 $200,000 $32,040 $167,960
2016 $9,579 $200,000 $32,040 $167,960
2015 -- $200,000 $32,040 $167,960
2014 -- $200,000 $32,040 $167,960
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11478333

Midwest Real Estate Data (MRED)

APN: 434089-067-016-0003-017-000-0000

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