NOT LISTED FOR SALE
12 Beds
6 Baths
-- Sq Ft
1974 Built

Last Sold October 27, 2016

Last sale price $523,000

4 Days on Market

About This Home

As of October 2016

FULLY UPDATED BRICK SIX UNIT BUILDING WITH NEW WINDOWS, FLOORING, PAINTING, CABINETS, APPLIANCES, ENERGY EFFICIENT TOILETS. ALL SIX UNITS ARE FULLY RENOVATED AND LEASED. THE GROSS INCOME IS $67,560. WASHER AND DRYER ARE SERVICED BY COINMACH. BOILER IS RECENTLY SERVICED AND IS IN EXCELLENT CONDITION. HOT WATER TANK IS RELATIVELY NEW (2011). MONTHLY ASSESSMENT OF $270.00 INCLUDES; SCAVENGER, PARKING LOT & SIDEWALK MAINTENANCE, LAWN CARE AND SNOW REMOVAL. WALKING DISTANCE TO MOUNT PROSPECT'S "RECPLEX" AND CONVENIENTLY LOCATED NEAR O'HARE AND I90.

Last Agent to Sell the Property

Sid Malladi

ARNI Realty Incorporated License #475169499 Listed on: 08/11/2016

Last Buyer's Agent

Jairaj (Jay) Bhatia

Century 21 Langos & Christian License #475105773

Century 21 Langos & Christian

Property Details

Home Type

  • Multi-Family

Year Built

  • 1974

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,880
  • Insurance Expense $2,000

Listing and Financial Details

  • Tenant pays for electric
  • $1,700 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: 36-50 Years
  • Net Oper Income: 37431
  • Repairs Decor Expense: 4000
  • Total Annual Exp: 30129
  • Total Annual Income: 67560
  • Total Monthly Income: 5630
  • Leased Washer Dryer: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1974
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1974

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Baseboard
  • Water Expense: 5060

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Parking, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Electricity Expense: 660
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 61 X 107
  • Lot Sq Ft: 6318
  • Parcel Identification Number: 08232000410000

Rental Info

  • Gross Rental Income: 67560
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 2880
  • Gross Rent Multiplier: 93
  • Insurance Expense: 2000
  • Other Expenses: 3240
  • Number Of Dishwashers: 6
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 12289

Range of Values:

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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 Change Sq Ft Price
10/27/2016 10/27/16 Sold $523,000 -4.7% --
08/15/2016 08/15/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $549,000 -- --
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: MRD09313091

Midwest Real Estate Data (MRED)