NOT LISTED FOR SALE
7 Beds
5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: September 24, 2021

Last sale price $541,000

3 Days on Market

Highlights

  • Workshop
  • Baseboard Heating
  • 1-minute walk to North Village Park
  • East Leyden High School Rated A-

About This Home

As of September 2021

HERE YOU GO FIRST TIME IN THE MAKRKET ONCE IN A LIFE TIME OPPERTUNITY!!! TURN KEY OPERATION## SOLID BRICK 4 UNIT BULIDING WITH 3 UNITS ALREADY RENTED ONLY 1 VACANT & READY TO RENT. ITS READY TO GO NOTHING TO DO MUCH IN THE BUILDING.##MANY MANY COST INTENSIVE UPDATES HAVE BEEN DONE IN 2021!!! A BRAND NEW 2021 COMPLETE TEAR OFF ROOF.## UNITS ARE FRESHLY PAINTED THRUOGH OUT, NEW FLOORINGS IN THE UNITS, NEW KITCHEN CABINETS, BATHS ARE UPDATED. NEWER WINDOWS.##IN THE HEART OF SCHILLER PARK, PRIME LOCATION## BUSY AREA WITH A VERY STRONG RENTAL DEMAND MARKET FOR INVESTORS OR AN OWNER OCCUPIED WHOSE LOOKING FOR A PASSIVE INCOME. THIS BUILDING CAN PROVIDE YOU WITH A STEADY SOLID & STABLE INCOME FOR A LIFE TIME.## BASEMENT FEATURES A FINISHED ROOM WHICH CAN BE USED FOR AN OFFICE SPACE OR AN EXTRA STORAGE ROOM YOUR CHOICE.## 5 PARKING SPACES IN THE REAR LOT.## 5 MINUTES DRIVE TO OHARE AIRPORT, THE FAMOUS FASHION OUTLETS OF CHICAGO, ALL THE BIG & FAMOUS HOTELS & DONAL E. STEPHENS CONVENTION CENTER ARE NEAR BY.## CLOSE TO BLUE LINE TRAIN, ACCESS TO I90 & I294 INTERSTATE HIGHWAYS. A VERY DESIREABLE LOCATION.. COME & SEE IT BEFORE ITS GONE... ALL INVESTORS & OWNER OCCUPIED ARE WELCOME. PROPERTY TAXES DOES NOT REFLECT ANY EXEMPTIONS.

Last Agent to Sell the Property

Asad Mahmood

Equity Market Realty Inc. License #475177886 Listed on: 08/02/2021

Last Buyer's Agent

Ali Khan

American International Realty Corp. License #475198327

American International Realty Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,815

Year Built

  • Built in 1968 | Remodeled in 2021

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Workshop

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Partially Finished Basement

  • Partial Basement
  • Sump Pump
  • Basement Storage

Parking

  • 5 Parking Spaces
  • Uncovered Parking
  • Parking Lot
  • Parking Included in Price

Schools

  • Washington Elementary School
  • Lincoln Middle School
  • East Leyden High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $250
  • Fuel Expense $3,000
  • Insurance Expense $2,500
  • Trash Expense $1,800
  • Water Sewer Expense $2,000
  • Gross Income $60,000
  • Net Operating Income $38,635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,815

Year Built

Built in 1968 | Remodeled in 2021

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Partial
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Other Equipment: Sump Pump
  • Room Type: Workshop
  • Basement Description: Partially Finished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Range Hood

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Parking Lot
  • ParkingTotal: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard
  • Water Source: Lake Michigan, Public

Fee Information

  • Trash Expense: 1800
  • Water Sewer Expenses: 2000

Schools

  • Elementary School: Washington Elementary School
  • High School: East Leyden High School
  • Middle/Junior School: Lincoln Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 38635
  • Fuel Expense: 3000
  • Insurance Expense: 2500
  • ElectricExpense: 250
  • GrossIncome: 60000
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 11815.12
  • Tax Year: 2019
  • Tax Exemptions: None

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 2, 2021
Closed on
Sep 24, 2021
Sold by
Bought by
Seller's Agent
Asad Mahmood
Equity Market Realty Inc.
Buyer's Agent
Ali Khan
American International Realty Corp.
List Price
$539,000
Sold Price
$541,000
Premium/Discount to List
$2,000
0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,201
Interest Rate
0.025%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2004
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
$308,000
Interest Rate
0.0595%
Mortgage Type
Commercial
Source: Public Records
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

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
$541,000 Attorneys Ttl Guaranty Fund
-- Multiple
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 $531,201
Closed $308,000
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
09/24/2021 09/24/21 Sold $541,000 +0.4% --
08/06/2021 08/06/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $539,000 -- --
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 $15,776 $51,480 $4,920 $46,560
2024 $15,776 $49,000 $4,428 $44,572
2023 $15,773 $49,000 $4,428 $44,572
2022 $15,773 $49,000 $4,428 $44,572
2021 $10,094 $26,332 $3,198 $23,134
2020 $9,665 $26,332 $3,198 $23,134
2019 $11,815 $37,510 $3,198 $34,312
2018 $11,378 $31,870 $2,706 $29,164
2017 $11,349 $31,870 $2,706 $29,164
2016 $7,500 $31,870 $2,706 $29,164
2015 $8,395 $28,019 $2,460 $25,559
2014 $8,364 $28,019 $2,460 $25,559
2013 $9,465 $34,086 $2,460 $31,626
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11176535

Midwest Real Estate Data (MRED)
Your Personal Tour Guide

Ask me questions while you tour the home.