Sara Poss
@properties Christie's International Real Estate
(224) 261-7186
48 Total Sales
1 in West Dundee
$500,000 Price
550 Eichler Dr West Dundee, IL 60118
West Dundee AreaEstimated Value: $873,715
11
Beds
6
Baths
--
Sq Ft
0.44
Acre Lot
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
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,041
Year Built
- Built in 1970
Lot Details
- 19,166 Sq Ft 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
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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2021
Closed on
Mar 30, 2021
Sold by
Bought by
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
$263,715
Avg. Annual Appreciation
6.96%
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
Bought by
Purchase Details
Closed on
May 29, 2008
Sold by
Bought by
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
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Dundee, IL
-
Sara Poss
-
Renee Clark
Renee Clark
Responds Quickly@properties Christie's International Real Estate
(224) 412-5142
183 Total Sales
2 in West Dundee
$249K - $393K Price Range
-
Ken Bruderle
Ken Bruderle
Responds QuicklySuperior Homes Realty
(224) 347-7415
55 Total Sales
1 in West Dundee
$149,000 Price
-
Louise Berger
Louise Berger
RE/MAX Plaza
(815) 923-3645
58 Total Sales
1 in West Dundee
$360,000 Price
-
Kimberly Zahand
Kimberly Zahand
Keller Williams North Shore West
(708) 859-7009
390 Total Sales
1 in West Dundee
$379,900 Price
-
Lisa Wolf
Lisa Wolf
Keller Williams North Shore West
(224) 332-2538
1,080 Total Sales
1 in West Dundee
$379,900 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $610,000 | Chicago Title Insurance Co | ||
| -- | None Available | ||
| $365,000 | Chicago Title Insurance Co | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $427,000 | ||
| Previous Owner | $337,500 | ||
| Previous Owner | $242,000 | ||
| Previous Owner | $255,000 |
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 |
|---|---|---|---|---|
| 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
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 | $19,961 | $255,319 | $68,671 | $186,648 |
| 2024 | $19,961 | $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
-
T
Seller's Agent in 2021
TONY BELLINO
RE/MAX
-
Esther Zamudio
Buyer's Agent in 2021
Esther Zamudio
Zamudio Realty Group
(847) 508-7500
586 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10975264
APN: 03-27-251-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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