NOT LISTED FOR SALE

520 N 3rd Ave Des Plaines, IL 60016

7 Beds
4 Baths
-- Sq Ft
1964 Built

Sale Details

Date 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

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

Lot Details

  • Lot Dimensions are 61x188
  • Fenced Yard

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

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

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
12/22/2016 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

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 $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)
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