NOT LISTED FOR SALE
18 Beds
12 Baths
-- Sq Ft
6,534 Sq Ft

Last Sold April 11, 2012

Last sale price $91,000

467 Days on Market

About This Home

As of April 2012

Cash preferred: 12-unit building in great location close 2 all major transportation, blocks from Oak Park. Needs work and is to be sold strictly as-is. Newer boiler. 8 units rented, Nbrhood assistance, below market, M/M. Tenants pay electric+cooking gas; all else: landlord. Needs both work and improved management but huge upside potential. Finance offers need solid PQ/full approval and $5K min EM, non-refundable.

Last Agent to Sell the Property

Charles Nicholson

Nicholson Real Estate Inc. License #471006150 Listed on: 12/03/2010

Last Buyer's Agent

Mohammed Cheaib

Showaib Properties License #471008564

Property Details

Home Type

  • Multi-Family

Year Built

  • 1913

Lot Details

  • 6,534

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1913

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Corporation
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2010
  • Net Oper Income: 27300
  • Roof Coverings: Shingle Composition, Rubber
  • Roof Structure: Flat
  • Total Annual Exp: 6300
  • Total Annual Income: 33600
  • Total Monthly Income: 2800
  • Number Of Stories: 3
  • Estimated Year Built: 1913
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1913

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.15
  • Construction: Brick
  • Frontage Access: City Street, Signal Intersection

Utilities

  • Heatventilation: Central Bldg Heat

Condo/Co-op/Association

  • Units in Building: 12

Fee Information

  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 46X146
  • Lot Sq Ft: 6716
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Security Entrance, Sidewalks, Cable Ready
  • Parcel Identification Number: 16091140030000

Rental Info

  • Gross Rental Income: 33600
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2009

Tax Info

  • Taxes: 8,649
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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
04/11/2012 04/11/12 Sold $91,000 -65.0% --
03/14/2012 03/14/12 Pending -- -- --
12/03/2010 12/03/10 For Sale $259,735 -- --
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 $15,875 $89,500 $9,029 $80,471
2024 $15,875 $63,187 $9,029 $54,158
2023 $15,475 $75,240 $4,891 $70,349
2022 $15,475 $75,240 $4,891 $70,349
2021 $15,130 $75,239 $4,890 $70,349
2020 $12,397 $55,651 $4,890 $50,761
2019 $11,181 $55,651 $4,890 $50,761
2018 $10,993 $55,651 $4,890 $50,761
2017 $11,241 $52,216 $4,138 $48,078
2016 $10,458 $52,216 $4,138 $48,078
2015 $9,568 $52,216 $4,138 $48,078
2014 $8,552 $46,092 $4,138 $41,954
2013 $8,383 $46,092 $4,138 $41,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07687964

Midwest Real Estate Data (MRED)

APN: 16091140030000

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