NOT LISTED FOR SALE

4323 Elm St Downers Grove, IL 60515

9 Beds
5 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold March 03, 2020

Last sale price $525,000

5 Days on Market

Highlights

  • Ranch Style House
  • Lester Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2020

Brick 4 Flat rental apartments, One 3 BR/1.5 bth unit, Three 2 BR units + 9 parking spaces. Two units have refinished hardwood floors, the other 2 have hardwood under carpet. Common basement space includes coin operated laundry + storage. Roof apprx. 5ys. All 4 furnaces + 2 CAC units replaced in the last 5-7 yrs. New Gutter guards and upgraded downspouts. Excellent schools: Lester/Herrick/DGNorth HS. Close to Metra line and EZ access to major expressways, yet located in a quiet residential neighborhood. Low Bldg expenses + low taxes allows for nice ROI! Rarely available in Downers Grove - Low maintenance Brick building w/ EZ income!

Last Agent to Sell the Property

Pam Mitrius

RE/MAX Enterprises License #475105736 Listed on: 01/09/2020

RE/MAX Enterprises

Last Buyer's Agent

Michael Thomas

@properties Christie's International Real Estate License #475124199

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,803

Year Built

  • Built in 1963

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55 x 154 x 62 x 154

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • 9 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Visitor Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Lester Elementary School
  • Herrick Middle School
  • North High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • Brick 4 Flat W/Bsmt

Building Details

  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,803

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Walkout
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Other Equipment: TV-Cable, Sump Pump
  • Basement Description: Unfinished,Crawl,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Hardwood Floors
  • Room: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 549000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Street, Side Apron, Visitor Parking
  • ParkingTotal: 9
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Conversion YN: N

Schools

  • Elementary School: Lester Elementary School
  • High School: North High School
  • Middle/Junior School: Herrick Middle School
  • Middle/Junior School District: 58

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 55 X 154 X 62 X 154
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Multi Family

  • GrossIncome: 46800
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat,1 Story Unit/s

Tax Info

  • Tax Annual Amount: 6803.04
  • Tax Year: 2018
  • Tax Exemptions: None

MLS Schools

  • Other Public Sch Dist: 502
  • Othr Public Sch: College of DuPage

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $525,000 -4.4% --
01/14/2020 01/14/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $549,000 +25.1% --
01/09/2020 01/09/20 For Sale $439,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10605842

Midwest Real Estate Data (MRED)