T
Seller's Agent in 2021
TONY BELLINO
RE/MAX
550 Eichler Dr West Dundee, IL 60118
Estimated Value: $635,000 - $868,000
11
Beds
6
Baths
--
Sq Ft
0.44
Acres
About This Home
As of March 2021Extremely well maintained, solid, West Dundee 6 Flat. Pride of ownership throughout this building. Fully leased, all leases have built in rent increases. Roof only 6 years old, boiler has new pump, newer 75 gallon water heater tank. Interiors of units have been updated, most carpet has been replaced with wood laminate flooring. 50% of the windows have been replaced as needed. Coin operated washer / dryer in the laundry facility. Units are separately metered, tenants pay utilities. Over-sized lot has parking for 12 cars. Exterior storage shed has additional rent income potential. Well lite parking lot. Building located conveniently for shopping and transportation. EXCELLENT INVESTMENT!
Last Agent to Sell the Property
TONY BELLINO
RE/MAX of Barrington License #471002939 Listed on: 01/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,041
Year Built
- Built in 1970
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 131 x 171 x 117 x 101
Home Design
- Gable Roof Shape
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Partially Finished Basement
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Utilities
- Window Unit Cooling System
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $428
- Fuel Expense $3,042
- Insurance Expense $2,368
- Trash Expense $780
- Water Sewer Expense $2,150
- Operating Expense $10,443
- Gross Income $72,180
- Net Operating Income $10,443
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2021
Closed on
Mar 30, 2021
Sold by
550 Eichler Inc
Bought by
Dahan Matan and Jimenez Viridiana
Seller's Agent
TONY BELLINO
RE/MAX of Barrington
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,244
Avg. Annual Appreciation
5.72%
Original Mortgage
$427,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 22, 2010
Sold by
Nakajima Perko Junko
Bought by
550 Eichler Inc
Purchase Details
Closed on
May 29, 2008
Sold by
Gruber Erich F and Gruber Ida
Bought by
Nakajima Perko Junko and Junko Nakajima Perko Revocable Trust Agr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 24, 2000
Sold by
Gruber Erich and Gruber Ida
Bought by
Gruber Erich F and Gruber Ida
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dahan Matan | $610,000 | Chicago Title Insurance Co | |
| 550 Eichler Inc | -- | None Available | |
| Nakajima Perko Junko | $365,000 | Chicago Title Insurance Co | |
| Gruber Erich F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dahan Matan | $427,000 | |
| Previous Owner | Nakajima Perko Junko | $255,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2021 03/31/21 | Sold | $610,000 | -2.4% | -- |
| 01/26/2021 01/26/21 | Pending | -- | -- | -- |
| 01/20/2021 01/20/21 | For Sale | $625,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $19,020 | $233,338 | $62,759 | $170,579 |
| 2023 | $17,966 | $209,949 | $56,468 | $153,481 |
| 2022 | $16,270 | $184,681 | $56,468 | $128,213 |
| 2021 | $15,756 | $174,375 | $53,317 | $121,058 |
| 2020 | $15,488 | $170,454 | $52,118 | $118,336 |
| 2019 | $15,042 | $161,813 | $49,476 | $112,337 |
| 2018 | $13,947 | $146,233 | $59,862 | $86,371 |
| 2017 | $13,345 | $136,794 | $55,998 | $80,796 |
| 2016 | $13,635 | $132,450 | $54,220 | $78,230 |
| 2015 | -- | $124,110 | $50,806 | $73,304 |
| 2014 | -- | $108,554 | $42,959 | $65,595 |
| 2013 | -- | $111,877 | $44,274 | $67,603 |
Source: Public Records
Agents Affiliated with this Home
-
-
Esther Zamudio
Buyer's Agent in 2021
Esther Zamudio
Zamudio Realty Group
(847) 508-7500
6 in this area
599 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10975264
APN: 03-27-251-016
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