NOT LISTED FOR SALE
11 Beds
6 Baths
-- Sq Ft
1976 Built

Sale Details

Date Sold: September 27, 2023

Last sale price $770,000

4 Days on Market

About This Home

As of September 2023

Rarely available 6 unit building in desirable Brookfield. 5- 2bdrm 1bth units and 1- 1bdrm 1bth unit. 4 updated units with, new appliances, new flooring. All units have private outdoor balconies. Roof less than 10 yrs old. Extra income from coin laundry. Storage for each unit. 8 parking spaces. Rents can be raised significantly higher. Long term tenants. Lyons Township HS district. This is an excellent investment opportunity.

Last Agent to Sell the Property

David Kumskis

One Eighty Real Estate Group License #471012724 Listed on: 08/15/2023

Last Buyer's Agent

Edward Linares

Baird & Warner License #475200489

Baird & Warner
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,124

Year Built

  • Built in 1976

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Radiator

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $831
  • Fuel Expense $7,163
  • Insurance Expense $3,700
  • Maintenance Expense $3,000
  • Trash Expense $1,874
  • Water Sewer Expense $3,681
  • Operating Expense $20,249
  • Gross Income $83,100
  • Net Operating Income $44,727

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,124

Year Built

Built in 1976

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1976
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Possible Use: Condominium
  • Basement Description: None
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Radiators

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1874
  • Water Sewer Expenses: 3681

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 9310

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 44727
  • Fuel Expense: 7163
  • Insurance Expense: 3700
  • ElectricExpense: 831
  • GrossIncome: 83100
  • Maintenance Expense: 3000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20249
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18124
  • Tax Year: 2021

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

Listed on
Aug 15, 2023
Closed on
Sep 27, 2023
Sold by
Bought by
Seller's Agent
David Kumskis
One Eighty Real Estate Group
Buyer's Agent
Edward Linares
Baird & Warner
List Price
$789,000
Sold Price
$770,000
Premium/Discount to List
-$19,000
-2.41%
Views
57

Purchase Details

Closed on
Apr 15, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 1998
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
$275,000
Interest Rate
6.96%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$770,000 None Listed On Document
-- Chicago Title Company
-- --
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
Previous Owner $275,000
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
09/27/2023 09/27/23 Sold $770,000 -2.4% --
08/20/2023 08/20/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $789,000 -- --
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 $19,430 $63,423 $6,750 $56,673
2024 $19,430 $63,423 $6,750 $56,673
2023 $18,955 $63,423 $6,750 $56,673
2022 $18,955 $52,659 $5,819 $46,840
2021 $18,125 $52,658 $5,818 $46,840
2020 $9,005 $52,658 $5,818 $46,840
2019 $10,551 $50,018 $5,353 $44,665
2018 $10,158 $50,018 $5,353 $44,665
2017 $9,493 $50,018 $5,353 $44,665
2016 $11,575 $38,074 $4,655 $33,419
2015 $11,717 $38,074 $4,655 $33,419
2014 $11,317 $38,074 $4,655 $33,419
2013 $11,889 $41,569 $4,655 $36,914
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11847460

Midwest Real Estate Data (MRED)
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