NOT LISTED FOR SALE

4501 Prescott Ave Lyons, IL 60534

12 Beds
-- Bath
-- Sq Ft
1966 Built

Last Sold March 18, 2016

Last sale price $775,000

42 Days on Market

About This Home

As of March 2016

Property Summary Price: $795,000 Units: 12 Price per unit: $66,250 Gross Income: $125,400 Cap Rate: 8.57% Building SF: 8,456 Lot dimensions: 103x110 Lot size SF: 11,330 Property Overview Unit Mix: 8-two bedrooms and 4-1's. Hot water baseboard heat Age: built 1966 Parking lot Laundry 12 PIN's

Last Agent to Sell the Property

Bob Petrich

Boardwalk Commercial Real Estate Corporation License #471000390 Listed on: 11/30/2015

Last Buyer's Agent

Bob Petrich

Boardwalk Commercial Real Estate Corporation License #471000390 Listed on: 11/30/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,633

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 103x110
  • Additional Parcels

Interior Spaces

  • 12 Bedrooms
  • 3-Story Property

Utilities

  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $50,989
  • Gross Income $12,540
  • Net Operating Income $68,142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,633

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1966
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 12
  • Room: 0

Utilities

  • Heat/Ventilation: Electric

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 103X110
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 68142
  • GrossIncome: 12540
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 50989
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 2632.95
  • Tax Year: 2014
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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
03/18/2016 03/18/16 Sold $775,000 -2.5% --
01/11/2016 01/11/16 Pending -- -- --
11/30/2015 11/30/15 For Sale $795,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $26,083 $86,239 $6,329 $79,910
2024 $26,083 $86,239 $6,329 $79,910
2023 $22,396 $86,239 $6,329 $79,910
2022 $22,396 $61,648 $7,705 $53,943
2021 $21,230 $61,646 $7,704 $53,942
2020 $21,330 $61,646 $7,704 $53,942
2019 $24,169 $62,771 $6,053 $56,718
2018 $23,631 $62,771 $6,053 $56,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09093715

Midwest Real Estate Data (MRED)