NOT LISTED FOR SALE

5327 S 73rd Ave Summit, IL 60501

8 Beds
4 Baths
-- Sq Ft
1964 Built

Last Sold August 07, 2015

Last sale price $180,000

7 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • Paved or Partially Paved Lot
  • Argo Community High School Rated A-

About This Home

As of August 2015

TERRIFIC, SOLID BRICK 4-UNIT BUILDING ON OVERSIZE LOT WITH HUGE UNFINISHED WALK UP ATTIC COULD BE PERFECT FOR LIVE IN OWNER...SEPARATE HEAT FURNACES&AIR CONDITIONING FOR EACH UNIT/TENANTS PAY GAS/HEAT/ELECTRIC,GREAT BUILDING FOR THOSE THAT WANT THE BEST.FENCED BACK YARD. EXTERIOR PARKING AVAILABLE FOR EACH UNIT.CONVENIENTLY LOCATED NEAR EXPRESSWAYS.

Last Agent to Sell the Property

Anna Rapciak

Century 21 Circle License #475131108 Listed on: 06/01/2015

Century 21 Circle

Last Buyer's Agent

Jeffrey Jay

Coldwell Banker Real Estate Group - Geneva

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,841

Year Built

  • Built in 1964

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Lot Details

  • Lot Dimensions are 39 x 126
  • Fenced Yard
  • Paved or Partially Paved Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units
  • 4 Flat

Building Details

  • Gross Income $34,320
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,841

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: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Central Air Conditioner,Garage/Space
  • AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner,Garage/Space

Exterior Features

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

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 10320

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 39 X 126
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 24000
  • GrossIncome: 34320
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 6840.9
  • Tax Year: 2013
  • Tax Exemptions: None
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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
08/07/2015 08/07/15 Sold $180,000 -7.7% --
06/08/2015 06/08/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $195,000 -- --
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 $10,598 $30,248 $3,344 $26,904
2024 $10,598 $30,248 $3,344 $26,904
2023 $8,793 $30,248 $3,344 $26,904
2022 $8,793 $20,383 $2,883 $17,500
2021 $8,608 $20,502 $2,882 $17,620
2020 $6,920 $16,097 $2,882 $13,215
2019 $8,275 $18,000 $2,651 $15,349
2018 $8,003 $18,000 $2,651 $15,349
2017 $7,992 $18,000 $2,651 $15,349
2016 $7,802 $16,520 $2,306 $14,214
2015 $7,561 $16,520 $2,306 $14,214
2014 $7,400 $16,520 $2,306 $14,214
2013 $6,841 $17,007 $2,306 $14,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08940029

Midwest Real Estate Data (MRED)
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