NOT LISTED FOR SALE

430 S Slusser St Grayslake, IL 60030

Estimated Value: $940,000 - $1,444,000

14 Beds
11 Baths
-- Sq Ft
0.57 Acres

Last Sold January 12, 2018

Last sale price $660,000

Est. 79% increase in value since last sale

Current estimated payment $8,907/month

123 Days on Market

Highlights

  • Central Air
  • Grayslake Central High School Rated A
  • 3-minute walk to Grayslake Station (Md-N)

About This Home

As of January 2018

Fully Leased Brick 10 Unit Building in a Highly Visible Location Across the Street from Metra Train Station. 6 Units are 3 Rooms with 1 Bedroom, 4 Units have 2 Bedrooms with Basements (Wow). On Site Laundry with Office for Property Manager Plenty of Storage. Lots of Parking! Always Rented!! Walk to Town & Shopping. Well Maintain Building with Recent Updates. Turnkey Investment.

Last Agent to Sell the Property

Chris Peters

Coldwell Banker Realty License #475123390 Listed on: 12/19/2016

Coldwell Banker Realty

Last Buyer's Agent

Scott Eberle

HomeSmart Connect LLC License #475124040

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,461

Year Built

  • 1985

Lot Details

  • 0.57

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Unfinished Basement

  • Exterior Basement Entry

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $2,562
  • Insurance Expense $2,200

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,461

Year Built

1985

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2015
  • Net Oper Income: 64548
  • Outdoor Parking: 19-30 Spaces
  • Repairs Decor Expense: 2500
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Scavenger Expense: 1800
  • Total Annual Exp: 10800
  • Total Annual Income: 106800
  • Total Monthly Income: 8900
  • Number of Ranges: 10
  • Number Of Refrigs: 10
  • Number Of Window A C: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1985
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Basement: Unfinished, Exterior Access
  • Total Fireplaces: 1

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.57
  • Construction: Brick
  • Frontage Access: City Street, Public Road

Garage/Parking

  • Number Of Parking Spaces: 20

Utilities

  • Air Conditioner: Central Individual, Wall Sleeve
  • Heatventilation: Central Heat/Indiv Controls, Forced Air, Gas
  • Water Expense: 4800

Condo/Co-op/Association

  • Units in Building: 10

Fee Information

  • Electricity Expense: 1395
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 260 X 104 X 219X 102
  • Lot Sq Ft: 24997
  • Land Amenities: Curbs and Gutters, Lighting/Exterior
  • Parcel Identification Number: 06353010180000

Rental Info

  • Gross Rental Income: 8900
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2015
  • Fuel Expense: 2562
  • Insurance Expense: 2200
  • Number Of Dryers: 3
  • Number Of Washers: 2

Tax Info

  • Taxes: 33000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2019
Sold by
Banderowicz Edwin A
Bought by
Buss Rodney S and 430 440 South Slusser Apartments Trust
Current Estimated Value
$1,179,067

Purchase Details

Closed on
Aug 19, 2019
Sold by
Elrick Bruce
Bought by
Buss Rodney S and 430 440 South Slusser Apartments Trust

Purchase Details

Closed on
Aug 23, 2017
Sold by
Mcmanus Wayne
Bought by
Banderrowicz Edwin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Buyer Sale Price Title Company
Buss Rodney S $720,000 Chicago Title
Buss Rodney S -- Chicago Title
Banderrowicz Edwin A $660,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banderrowicz Edwin A $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $660,000 -9.6% --
04/21/2017 04/21/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $730,000 -- --
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 $32,461 $300,800 $70,481 $230,319
2023 $31,372 $276,064 $64,685 $211,379
2022 $31,372 $261,654 $63,672 $197,982
2021 $31,092 $251,494 $61,200 $190,294
2020 $30,180 $239,290 $58,230 $181,060
2019 $30,183 $229,579 $55,867 $173,712
2018 $31,531 $219,978 $57,765 $162,213
2017 $34,157 $246,009 $54,336 $191,673
2016 $33,000 $227,092 $50,158 $176,934
2015 $32,432 $207,466 $45,823 $161,643
2014 $30,457 $194,770 $34,008 $160,762
2012 $29,717 $203,415 $35,517 $167,898
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09406759

Midwest Real Estate Data (MRED)

APN: 06-35-301-018