NOT LISTED FOR SALE
20 Beds
10 Baths
-- Sq Ft
1964 Built

Last Sold August 22, 2015

Last sale price $1,100,000

77 Days on Market

About This Home

As of August 2015

Rare offering of well-maintained 10 unit building near downtown Skokie. All units are 2 bedrooms, tenant paid electric heat, 4 car garage and parking lot in rear. Armchair investment, solid construction with some updates. New electrical service and panels in each apartment. Fully occupied, walking distance to downtown Skokie and yellow line train stop. Additional income from coin laundry.

Last Agent to Sell the Property

Tom Leko

@properties Christie's International Real Estate License #475125061 Listed on: 03/23/2015

@properties Christie's International Real Estate

Last Buyer's Agent

Natalia Grebenschikov

Coldwell Banker Realty License #475131241

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $3,530
  • Insurance Expense $5,330

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2014
  • Net Oper Income: 67093
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 2266
  • Roof Structure: Flat
  • Scavenger Expense: 1328
  • Total Annual Exp: 26061
  • Total Annual Income: 110160
  • Total Monthly Income: 9180
  • Number of Ranges: 10
  • Number Of Refrigs: 10
  • Number Of Window A C: 20
  • Number Of Stories: 3
  • Estimated Year Built: 1964
  • Type Multi Family: Courtyard, Flats, Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1964

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Concrete

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 10

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Electric, Baseboard
  • Water Expense: 3856

Condo/Co-op/Association

  • Units in Building: 10

Fee Information

  • Electricity Expense: 4751
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 2600

Lot Info

  • Lot Dimensions: 50X125
  • Parcel Identification Number: 10282170240000

Rental Info

  • Gross Rental Income: 8780
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 3530
  • Insurance Expense: 5330
  • Other Expenses: 2400

Tax Info

  • Taxes: 17006

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/22/2015 08/22/15 Sold $1,100,000 -7.9% --
06/08/2015 06/08/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $1,195,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08868924

Midwest Real Estate Data (MRED)