$470,000
SOLD DEC 4, 2015

5040 W 18th St Cicero, IL 60804

33 Beds
21 Baths
-- Sq Ft
1923 Built

Recently Sold

6% Below List Price

138 Days on Market

About This Home

As of May 2019

BUILDING IS COMPOSED OF 21 UNITS. 12 - 2BEDROOM UNITS AND 9 -1BEDROOM UNITS WITH FORMAL DINING ROOMS THAT CAN BE CONVERTED INTO 2ND BEDROOM. AVERAGE 2 BEDROOM RENT OF $750 IN THE AREA. THAT'S OVER $15,000 PER MONTH IN RENTAL INCOME! COMMERCIAL SHORT-SALE! PROPERTY WILL SELL AS-IS CONDITION. 100% TAX PRORATIONS. BUYER RESPONSIBLE FOR CITY VIOLATIONS. CALL AGENT FOR MORE INFO.

Last Agent to Sell the Property

The Galarza Team

Century 21 New Beginnings License #475113749 Listed on: 07/17/2014

Century 21 New Beginnings

Last Buyer's Agent

Mira Mazur

Mazur Realty USA Inc. License #471008475

Property Details

Home Type

  • Multi-Family

Year Built

  • 1923

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $12,716
  • Insurance Expense $4,285

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Condominium, Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2009
  • Scavenger Expense: 960
  • Total Annual Exp: 64896
  • Total Annual Income: 149700
  • Total Monthly Income: 12372
  • Number Of Stories: 3
  • Estimated Year Built: 1923
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1923

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Utilities

  • Heatventilation: Radiators
  • Water Expense: 7023

Condo/Co-op/Association

  • Units in Building: 21

Fee Information

  • Electricity Expense: 1142
  • Electrical Service: Circuit Breakers, Separate Meters

Lot Info

  • Lot Dimensions: 70 X 125
  • Parcel Identification Number: 16214020190000

Rental Info

  • Gross Rental Income: 148500
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 12716
  • Insurance Expense: 4285
  • Other Expenses: 200

Tax Info

  • Taxes: 27584

Range of Values:

Collateral Analytics

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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 Change Sq Ft Price
05/09/2019 05/09/19 Sold $1,100,000 0.0% --
12/07/2018 12/07/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $1,100,000 0.0% --
09/24/2018 09/24/18 Off Market $1,100,000 -- --
09/22/2018 09/22/18 For Sale $1,100,000 +134.0% --
12/04/2015 12/04/15 Sold $470,000 -6.0% --
12/02/2014 12/02/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $499,900 -- --
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: MRD08675715

Midwest Real Estate Data (MRED)