NOT LISTED FOR SALE
13 Beds
13 Baths
-- Sq Ft
6,200 Sq Ft Lot

Sale Details

Date Sold: December 15, 2023

Last sale price $650,000

31 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 3-minute walk to Moore Park

About This Home

As of December 2023

Beautiful All Brick 13 Unit Building with Great Potential! Located in the Hot Austin Neighborhood and just down the street from the the Chicago Jesuit Academy and Moore Park in this up and coming community. All Units are Large 1 Bedroom Units with Separate Dining Rooms and Eat in Kitchens. Many with the possibility of being converted to 2 bed units. Large Storage Areas on Main Level. 2 Separate Entrances 5019 and 5021. Windows replaced in 2007 and roof replaced approximately in 2012 and Building Tuck-pointed. One Boiler for building in good working condition and updated water heater. Potential Laundry in Building not currently utilized. Building is being Sold AS-IS bring your offers today and start making money!! Gated Building with Private Entrances to both sides of building. Call Today for your Private Showing.

Last Agent to Sell the Property

Michael Giliano

Compass License #475135259 Listed on: 07/31/2023

Compass

Co-Listed By

Mitchell Giliano

Compass License #475175148

Last Buyer's Agent

Earl Ruthman

Century 21 Circle License #471012146

Century 21 Circle
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,440

Year Built

  • Built in 1927

Lot Details

  • 6,200 Sq Ft Lot
  • Lot Dimensions are 50x130

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 13 Units

Building Details

  • Fuel Expense $15,478
  • Water Sewer Expense $3,800
  • Gross Income $66,300
  • Net Operating Income $28,583

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,440

Year Built

Built in 1927

Lot Details

6,200 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Othr-Call List Agent,Sellers Discl Not Av
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 13
  • Total Bedrooms: 13
  • Basement Description: Unfinished
  • Misc Inside: Laundry Room
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 0
  • Ranges: 0
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Courtyard,Security System

Garage/Parking

  • Outdoor Parking: Parking-Street

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Utilities: Water-Municipal, Cable Available
  • Heat/Ventilation: Gas,Radiators

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 3800

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X130
  • Lot Size Sq Ft: 6200
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Security Entrance,Sidewalks
  • Alternate Phone Number: (630) 816-1363

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 8
  • Tenancy Type: Month To Month,1 or More Vacant

Building Info

  • Building Unit Info: No Units Furnished

Multi Family

  • Net Operating Income: 28583
  • Fuel Expense: 15478
  • GrossIncome: 66300
  • NumberOfUnitsTotal: 13
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18439.6
  • 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
Jul 31, 2023
Closed on
Nov 15, 2023
Sold by
Chicago Title Land Trust Co
Bought by
Seller's Agent
Michael Giliano
Compass
Buyer's Agent
Earl Ruthman
Century 21 Circle
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 17, 2004
Sold by
Austin Apartment Management Assn Llc
Bought by
Cole Taylor Bank and Trust #01-041171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2003
Sold by
Alexander Charlie and Alexander Arkie L
Bought by
Austin Apartments Management Assn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.4%
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 Austin, IL

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
$650,000 Chicago Title
Cole Taylor Bank $565,000 Multiple
Austin Apartments Management Assn Llc $410,000 Git
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 $487,500
Previous Owner Cole Taylor Bank $400,000
Previous Owner Austin Apartments Management Assn Llc $328,000
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
12/15/2023 12/15/23 Sold $650,000 -13.2% --
09/01/2023 09/01/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $749,000 -6.3% --
08/06/2023 08/06/23 For Sale $799,000 0.0% --
08/06/2023 08/06/23 Off Market $799,000 -- --
07/31/2023 07/31/23 For Sale $799,000 -- --
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 $13,059 $70,200 $9,920 $60,280
2024 $19,347 $65,000 $9,920 $55,080
2023 $18,861 $91,699 $6,510 $85,189
2022 $18,861 $91,699 $6,510 $85,189
2021 $18,440 $91,698 $6,510 $85,188
2020 $10,981 $49,291 $6,510 $42,781
2019 $9,903 $49,291 $6,510 $42,781
2018 $7,725 $39,109 $6,510 $32,599
2017 $9,260 $43,016 $5,115 $37,901
2016 $8,616 $43,016 $5,115 $37,901
2015 $7,882 $43,016 $5,115 $37,901
2014 $8,472 $45,663 $5,115 $40,548
2013 $8,305 $45,663 $5,115 $40,548
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11846567

Midwest Real Estate Data (MRED)

APN: 16162100070000

Your Personal Tour Guide

Ask me questions while you tour the home.