NOT LISTED FOR SALE

532 W Division St Villa Park, IL 60181

8 Beds
4 Baths
-- Sq Ft
1964 Built

Last Sold June 20, 2024

Last sale price $615,000

6 Days on Market

About This Home

As of June 2024

Turn key 4 unit in Villa Park!! 4 spacious 2-bedroom units that makes money! The building sports newer windows, refinished hardwood & ceramic floors, new 500 Amp electric, additional storage for tenants, laundry income. All units have central heat & A/C. Upgraded bathrooms and kitchens. This looks s the best building in the area!l Hurry before this one is gone!

Last Agent to Sell the Property

Ruben Camacho

Weichert, Realtors - All Pro License #475183531 Listed on: 04/25/2024

Weichert, Realtors - All Pro

Last Buyer's Agent

Aleks Yakovenko

Coldwell Banker Realty License #475156798

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,367

Year Built

  • Built in 1964 | Remodeled in 2022

Lot Details

  • Lot Dimensions are 50x150

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Parking Space is Owned
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,600
  • Trash Expense $1,500
  • Water Sewer Expense $1,500
  • Gross Income $67,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,367

Year Built

Built in 1964 | Remodeled in 2022

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialIncome
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Partial
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 600000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • OpenParkingSpaces: 9
  • Parking Features: Unassigned
  • ParkingTotal: 9
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Indv Controls
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 1500
  • Water Sewer Expenses: 1500
  • Other Expenses $: 7500

Schools

  • Middle/Junior School District: 45

Lot Info

  • Lot Dimensions: 50X150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Insurance Expense: 2600
  • GrossIncome: 67000
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7367
  • Tax Year: 2022
  • Tax Exemptions: None

Range of Values:

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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 List to Sale Price per Sq Ft Prior Sale
06/20/2024 06/20/24 Sold $615,000 +2.5% --
05/02/2024 05/02/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $600,000 +26.3% --
12/20/2021 12/20/21 Sold $475,000 -20.2% -- View Prior Sale
11/06/2021 11/06/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $595,000 +54.5% --
07/30/2020 07/30/20 Sold $385,000 0.0% -- View Prior Sale
06/23/2020 06/23/20 Off Market $385,000 -- --
06/22/2020 06/22/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $394,500 0.0% --
06/04/2020 06/04/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $394,500 +2.5% --
07/19/2018 07/19/18 Sold $385,000 -3.7% -- View Prior Sale
05/31/2018 05/31/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $399,900 -- --
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: 12038871

Midwest Real Estate Data (MRED)