NOT LISTED FOR SALE

480 North Ave Antioch, IL 60002

Antioch Area

Estimated Value: $1,289,000 - $1,467,389

36 Beds
12 Baths
-- Sq Ft
1.1 Acre Lot

Sale Details

Date Sold: November 18, 2020

Last sale price $925,000 $0 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $10,503 / mo

73 Days on Market

About This Home

As of November 2020

The property consists of two six-unit, two-story townhouses comprised of 12 three-bedroom / one-and-one-half bathroom units, measuring approximately 900 square feet each. The property features a private basement, in-unit washer and dryer hook-ups, and ample off-street parking. Additionally eight of 12 units have been remodeled. The subject property is situated right next to Jensen Park, which has tennis courts and a play area for children, and is in close proximity to downtown Antioch which holds a quaint shopping district. This property offers an investor the opportunity to find great stability and to obtain a well-maintained asset in Antioch.

Last Agent to Sell the Property

Michael Poleway

Marcus & Millichap Chicago Apartment Brokers License #475177799 Listed on: 06/23/2020

Co-Listed By

Steven Weinstock

Marcus & Millichap Chicago Apartment Brokers License #471011175

Last Buyer's Agent

Bob Raczka

Atlantic Realty Group, Inc. License #476387720

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 1.1

Community Details

  • Insurance Expense $3,159
  • Manager Expense $6,755

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

1.1 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Estimated Age: Older
  • Net Operating Income Year: 2019
  • Net Oper Income: 76760
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 3600
  • Scavenger Expense: 4980
  • Total Annual Exp: 58330
  • Total Annual Income: 135090
  • Total Monthly Income: 11850
  • Number Of Stories: 2
  • Estimated Year Built: 1958
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1958

Exterior Features

  • Acreage: 1.1

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Heatventilation: Hot Water
  • Water Expense: 6237

Condo/Co-op/Association

  • Units in Building: 12
  • Manager Expense: 6755

Fee Information

  • Electricity Expense: 1820
  • Janitor Expense: 3600

Lot Info

  • Lot Dimensions: 480X100
  • Lot Sq Ft: 48000
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 02081010440000

Rental Info

  • Gross Rental Income: 142200

Multi Family

  • Expense Year: 2019
  • Insurance Expense: 3159
  • Other Expenses: 4000
  • Number Of Dishwashers: 12
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 24180

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
Jun 23, 2020
Closed on
Nov 18, 2020
Sold by
Lobosco Maurizio and North Antioch Llc
Bought by
Seller's Agent
Michael Poleway
Marcus & Millichap Chicago Apartment Brokers
Buyer's Agent
Bob Raczka
Atlantic Realty Group, Inc.
List Price
$1,050,000
Sold Price
$925,000
Premium/Discount to List
-$125,000
-11.9%
Current Estimated Value
$1,366,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,682
Avg. Annual Appreciation
7.12%
Original Mortgage
$753,750
Interest Rate
3.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 2012
Sold by
The Chicago Trust Company Na
Bought by
North Antioch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Antioch, IL

  • Chris Foss Real Estate Agent - Coldwell Banker Realty

    Chris Foss

    Coldwell Banker Realty

    (224) 458-2637

    36 Total Sales

    1 in Antioch

    $300,000 Price

    Chris Foss
     Section Image
  • Valorie Schmidt Real Estate Agent - @properties Christie's International Real Estate

    Valorie Schmidt

    @properties Christie's International Real Estate

    (630) 931-2639

    50 Total Sales

    1 in Antioch

    $310,000 Price

    Valorie Schmidt
     Section Image
  • Courtney Caraway Real Estate Agent - Gallery Realty Inc.

    Courtney Caraway

    Gallery Realty Inc.

    (773) 900-6135

    206 Total Sales

    2 in Antioch

    $329K - $449K Price Range

    Courtney Caraway
     Section Image
  • Herbert Straus Real Estate Agent - Keller Williams Thrive

    Herbert Straus

    Responds Quickly

    Keller Williams Thrive

    (224) 231-0982

    136 Total Sales

    3 in Antioch

    $120K - $702K Price Range

    Herbert Straus
     Section Image
  • Angela Brown Real Estate Agent - Real People Realty

    Angela Brown

    Real People Realty

    (847) 238-9593

    40 Total Sales

    1 in Antioch

    $335,000 Price

    Angela Brown
     Section Image
  • Lisa Howe Real Estate Agent - Re/Max Advantage

    Lisa Howe

    Re/Max Advantage

    (262) 698-3255

    208 Total Sales

    10 in Antioch

    $235K - $1.3M Price Range

    Lisa Howe
     Section Image
See All Agents

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
$925,000 First American Title
North Antioch Llc $625,000 None Available
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 $1,100,000
Closed Hc3 Llc $875,000
Closed Hc3 Llc $753,750
Previous Owner North Antioch Llc $410,000
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
11/18/2020 11/18/20 Sold $925,000 -11.9% --
09/04/2020 09/04/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $1,050,000 -- --
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 $35,554 $376,012 $39,427 $336,585
2024 $34,312 $348,127 $36,503 $311,624
2023 $26,608 $311,718 $32,685 $279,033
2022 $26,608 $236,901 $81,448 $155,453
2021 $24,229 $216,028 $75,999 $140,029
2020 $23,784 $210,062 $73,900 $136,162
2019 $24,180 $200,881 $70,670 $130,211
2018 $23,266 $191,061 $73,627 $117,434
2017 $23,735 $192,117 $70,081 $122,036
2016 $23,215 $185,406 $67,633 $117,773
2015 $22,724 $180,690 $65,913 $114,777
2014 $19,729 $164,494 $60,947 $103,547
2012 $18,833 $169,944 $60,947 $108,997
Source: Public Records

Agents Affiliated with this Home

  • MP

    Seller's Agent in 2020

    Michael Poleway

    Marcus & Millichap Chicago Apartment Brokers

    Section Image

  • SW

    Seller Co-Listing Agent in 2020

    Steven Weinstock

    Marcus & Millichap Chicago Apartment Brokers

    Section Image

  • BR

    Buyer's Agent in 2020

    Bob Raczka

    Atlantic Realty Group, Inc.

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10756949

Midwest Real Estate Data (MRED)

APN: 02-08-101-044

Illinois Lake County Antioch 60002

480 North Ave, Antioch, 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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