NOT LISTED FOR SALE

4501 Prescott Ave Lyons, IL 60534

12 Beds
-- Bath
-- Sq Ft
1966 Built

Sale Details

Date 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

Interior Spaces

  • 12 Bedrooms
  • 3-Story Property

Lot Details

  • Lot Dimensions are 103x110
  • Additional Parcels

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

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

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
03/18/2016 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

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 $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

  • Bob Petrich

    Seller's Agent in 2016

    Bob Petrich

    Boardwalk Commercial Real Estate Corporation

    (708) 917-3333

    5 Total Sales

    Bob Petrich
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09093715

Midwest Real Estate Data (MRED)
Illinois Cook County Lyons 60534

4501 Prescott Ave, Lyons, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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