NOT LISTED FOR SALE

4525 Prescott Ave Lyons, IL 60534

9 Beds
6 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold May 13, 2019

Last sale price $455,000

48 Days on Market

About This Home

As of May 2019

Well kept all electric six unit building. Tenants pay heat. Each unit has a individual furnace & C/A. Newer windows,newer roof, newer blacktopped private parking lot with 10 spaces. Many long term tenants. Three 2-Br units & Three 1-Br units. A solid investment.

Last Agent to Sell the Property

James Tammaro

RE/MAX 10 License #475114220 Listed on: 01/23/2019

RE/MAX 10

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • 1976

Lot Details

  • 6,970

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air

Community Details

  • Insurance Expense $2,550
  • Manager Expense $3,000

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, hot water

Property Details

Home Type

Multi-Family

Year Built

1976

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2019
  • Net Oper Income: 34053
  • Repairs Decor Expense: 1600
  • Scavenger Expense: 900
  • Total Annual Exp: 28436
  • Total Annual Income: 63120
  • Total Monthly Income: 5260
  • Number Of Stories: 3
  • Estimated Year Built: 1976
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1976

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.16

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Air Conditioner: Central Individual
  • Heatventilation: Electric, Forced Air
  • Water Expense: 3245

Condo/Co-op/Association

  • Units in Building: 6
  • Manager Expense: 3000

Fee Information

  • Electricity Expense: 680
  • Janitor Expense: 780

Lot Info

  • Lot Dimensions: 48 X 153
  • Parcel Identification Number: 18013160540000

Rental Info

  • Gross Rental Income: 63120
  • Tenant Pays: Air Conditioning, Electric, Heat, Hot Water

Multi Family

  • Expense Year: 2019
  • Insurance Expense: 2550
  • Other Expenses: 1120

Tax Info

  • Taxes: 13661
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

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2019 05/13/19 Sold $455,000 -5.2% --
03/13/2019 03/13/19 For Sale $479,900 0.0% --
03/12/2019 03/12/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $479,900 -- --
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 $16,634 $55,000 $4,250 $50,750
2024 $16,634 $55,000 $4,250 $50,750
2023 $15,553 $55,000 $4,250 $50,750
2022 $15,553 $42,811 $3,696 $39,115
2021 $14,743 $42,811 $3,696 $39,115
2020 $14,813 $42,811 $3,696 $39,115
2019 $14,516 $37,700 $3,326 $34,374
2018 $14,193 $37,700 $3,326 $34,374
2017 $13,660 $37,700 $3,326 $34,374
2016 $10,878 $27,946 $2,956 $24,990
2015 $10,639 $27,946 $2,956 $24,990
2014 $10,269 $27,946 $2,956 $24,990
2013 $10,146 $29,799 $2,956 $26,843
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10255700

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.