NOT LISTED FOR SALE

562 Pershing Ave Glen Ellyn, IL 60137

10 Beds
6 Baths
-- Sq Ft
1962 Built

Last Sold December 10, 2021

Last sale price $748,000

47 Days on Market

Highlights

  • Baseboard Heating
  • Park View Elementary School Rated A
  • 4-minute walk to Panfish Park

About This Home

As of December 2021

Stand alone all brick 6-flat in Glen Ellyn with on site parking. Units are remodeled and rents can easily be increased on turnover. Walking distance to parks, schools and grocery stores. New roof 2020. Easy to manage. Cash generator.

Last Agent to Sell the Property

Paul Montes

Tucker Healy, LLC License #471015254 Listed on: 09/09/2021

Co-Listed By

Eric Spiess

Inland Real Estate Commercial Brokerage, INC License #475136763

Last Buyer's Agent

Diane Farino

McColly Rosenboom License #471003797

McColly Rosenboom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,700

Year Built

  • Built in 1962

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Additional Features

  • 3-Story Property
  • Lot Dimensions are 101 x 159

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $350
  • Fuel Expense $4,361
  • Insurance Expense $2,212
  • Other Expense $1,000
  • Trash Expense $1,300
  • Water Sewer Expense $4,440
  • Operating Expense $29,836
  • Gross Income $76,920
  • Net Operating Income $48,284

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,700

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1962
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,Show-Special Instructions,48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 779000
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Baseboard
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 1300
  • Water Sewer Expenses: 4440
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 101 X 159
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks
  • Alternate Phone Number: (630) 303-6593

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 48284
  • Fuel Expense: 4361
  • Insurance Expense: 2212
  • ElectricExpense: 350
  • GrossIncome: 76920
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 29836
  • Expense Year: 2020
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 13700
  • Tax Year: 2020

Range of Values:

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List Price
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
12/10/2021 12/10/21 Sold $748,000 -4.0% --
10/27/2021 10/27/21 Pending -- -- --
10/12/2021 10/12/21 For Sale -- -- --
10/04/2021 10/04/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $779,000 -- --
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: 11213870

Midwest Real Estate Data (MRED)