NOT LISTED FOR SALE

520 N 3rd Ave Des Plaines, IL 60016

7 Beds
4 Baths
-- Sq Ft
1964 Built

Last Sold December 22, 2016

Last sale price $365,000

14 Days on Market

Highlights

  • Fenced Yard
  • Ceiling Fan
  • Heating System Uses Steam
  • Cumberland Elementary School Rated A

About This Home

As of December 2016

This is a solid and a very well-maintained 4-unit building in an excellent area. Each unit is in move-in ready condition! The structure is solid too and this property is located in a quiet cul-de-sac area too whereas the other properties on the block face commercial influence (factories). The HVAC, plumbing and electrical are in excellent condition too. The units can just use a fresh coat of paint. There are 3, 2-bedroom units and 1, 1-bedroom unit. In each unit: enter into a large LR/DR area just a few steps away from a nicely-sized kitchen. Enjoy a spacious bathroom in each unit too! All bedrooms are spacious with ample closet space. Close to schools, shopping and transportation. A must see. A true 10! Show and sell. NOTE: Unit 1 is occupied and the tenant pays market rent at $675 per unit; please do not disturb the tenant.

Last Agent to Sell the Property

Peter Drossos

Peter Drossos Real Estate License #471010251 Listed on: 09/28/2016

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,749

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 61x188
  • Fenced Yard

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,749

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 61X188
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 9749.06
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat
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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
12/22/2016 12/22/16 Sold $365,000 -7.1% --
10/12/2016 10/12/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $393,000 -- --
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 $12,919 $58,000 $13,762 $44,238
2024 $12,919 $49,000 $11,468 $37,532
2023 $12,608 $49,000 $11,468 $37,532
2022 $12,608 $49,000 $11,468 $37,532
2021 $11,951 $38,879 $8,887 $29,992
2020 $11,749 $38,879 $8,887 $29,992
2019 $12,027 $44,689 $8,887 $35,802
2018 $12,264 $41,007 $7,740 $33,267
2017 $12,047 $41,007 $7,740 $33,267
2016 $11,395 $41,007 $7,740 $33,267
2015 $9,749 $32,248 $6,594 $25,654
2014 $9,543 $32,248 $6,594 $25,654
2013 $9,306 $32,248 $6,594 $25,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09354361

Midwest Real Estate Data (MRED)