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

Sale Details

Date Sold: April 11, 2012

Last sale price $91,000 $0 Per Sq Ft

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

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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

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

Closed on
Oct 27, 2022
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
$3,422,000
Outstanding Balance
$3,083,318
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2021
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2013
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
$200,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 3, 2010
Closed on
Apr 11, 2012
Sold by
Bought by
Seller's Agent
Charles Nicholson
Nicholson Real Estate Inc.
Buyer's Agent
Mohammed Cheaib
Showaib Properties
List Price
$259,735
Sold Price
$91,000
Premium/Discount to List
-$168,735
-64.96%

Purchase Details

Closed on
Aug 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2001
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
$212,000
Interest Rate
7.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Listed On Document
$600,000 Attorney
-- Greater Illinois Title
-- None Available
$91,000 Chicago Title Insurance Co
-- None Available
$100,000 None Available
-- None Available
$80,000 Cti
-- None Available
-- Chicago Title Insurance Co
$255,000 --
$90,000 --
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
Open $3,422,000
Previous Owner $200,000
Previous Owner $212,000
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
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

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 $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

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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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