NOT LISTED FOR SALE
12 Beds
6 Baths
-- Sq Ft
1975 Built

Sale Details

Date Sold: November 23, 2020

Last sale price $629,000 $0 Per Sq Ft

3 Days on Market

About This Home

As of November 2020

Well maintained, income generating, 6 unit, fully leased brick building in popular Winsor Courts. All nice size 2 bedrooms 1 bath nice units with long term tenants, ample closet space, plenty of parking . New balconies, perfect location near park district recreational facilities, tenants pay electric, association covers scavenger, snow removal, loan maintenance, landscaping, parking and common area . Rents could be renegotiated at the end of leases with potential increases. Good opportunity

Last Agent to Sell the Property

Jason Kang

HomeSmart Connect License #475141043 Listed on: 10/01/2020

HomeSmart Connect

Last Buyer's Agent

Juan Valadez

HomeSmart Connect LLC License #475146685

HomeSmart Connect LLC
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Community Details

  • Fuel Expense $4,800
  • Insurance Expense $2,149

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1975

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Condominium, Residential-Multi-Family, Elderly Housing
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2019
  • Net Oper Income: 44431
  • Outdoor Parking: Assigned Spaces, Common Parking, Lighted, Open, Paved, Private Lot
  • Roof Coverings: Shingle Composition, Fiberglass
  • Roof Structure: Hip, Mansard
  • Total Annual Exp: 30107
  • Total Annual Income: 74538
  • Total Monthly Income: 6150
  • Leased Washer Dryer: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 12
  • Number Of Stories: 3
  • Estimated Year Built: 1975
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1975

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Wall Sleeve, Window Unit/s
  • Fire Protection: Fire Extinguisher/s, Hydrants On Site
  • Heatventilation: Central Bldg Heat, Gas, Hot Water, Baseboard
  • Water Expense: 6000

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Parking, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Electricity Expense: 454
  • Electrical Service: Circuit Breakers, Separate Meters

Lot Info

  • Lot Dimensions: 65X88
  • Lot Sq Ft: 5470
  • Land Amenities: Lighting/Exterior, Security Entrance, Sidewalks, Cable Ready
  • Parcel Identification Number: 08232000250000

Rental Info

  • Gross Rental Income: 73800
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2019
  • Fuel Expense: 4800
  • Insurance Expense: 2149
  • Other Expenses: 3600
  • Number Of Dishwashers: 6
  • Number Of Dryers: 4
  • Number Of Washers: 4

Tax Info

  • Taxes: 13104.0

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

Closed on
Feb 28, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 19, 2020
Sold by
Bought by
Seller's Agent
Jason Kang
HomeSmart Connect
Buyer's Agent
Juan Valadez
HomeSmart Connect LLC
List Price
$629,000
Sold Price
$629,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,750
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2007
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
$400,000
Interest Rate
6.71%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$680,000 --
$629,000 Chicago Title
$590,000 Cti
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 $471,750
Previous Owner $400,000
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
11/23/2020 11/23/20 Sold $629,000 0.0% --
10/04/2020 10/04/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $629,000 -- --
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 $13,436 $71,867 $8,752 $63,115
2024 $13,436 $50,487 $8,752 $41,735
2023 $14,139 $56,514 $8,752 $47,762
2022 $14,139 $56,514 $8,752 $47,762
2021 $11,909 $41,679 $5,743 $35,936
2020 $11,590 $41,679 $5,743 $35,936
2019 $13,104 $51,856 $5,743 $46,113
2018 $14,543 $50,939 $4,923 $46,016
2017 $14,408 $50,939 $4,923 $46,016
2016 $13,545 $50,939 $4,923 $46,016
2015 $13,251 $46,509 $4,376 $42,133
2014 $13,033 $46,509 $4,376 $42,133
2013 $12,725 $46,509 $4,376 $42,133
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10888532

Midwest Real Estate Data (MRED)
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