NOT LISTED FOR SALE

4525 Prescott Ave Lyons, IL 60534

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

Sale Details

Date Sold: May 13, 2019

Last sale price $455,000 $0 Per Sq Ft

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
0.027%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 23, 2019
Closed on
May 5, 2019
Sold by
Bought by
Seller's Agent
James Tammaro
RE/MAX 10
Buyer's Agent
Non Member
NON MEMBER
List Price
$479,900
Sold Price
$455,000
Premium/Discount to List
-$24,900
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
0.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0424%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$550,000 Altima Title Company
$455,000 Attorneys Ttl Guaranty Fund
$377,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $412,500
Previous Owner $720,000
Previous Owner $300,000
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
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

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 $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

  • James Tammaro

    Seller's Agent in 2019

    James Tammaro

    RE/MAX 10

    (708) 429-4300

    29 Total Sales

    James Tammaro
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    NON MEMBER

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10255700

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

4525 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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