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

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
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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
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

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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10888532

Midwest Real Estate Data (MRED)
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