NOT LISTED FOR SALE

570 Drom Ct Antioch, IL 60002

Estimated Value: $764,000 - $834,185

11 Beds
6 Baths
-- Sq Ft
0.29 Acres

Last Sold April 15, 2019

Last sale price $470,000

Est. 70% increase in value since last sale

Current estimated payment $5,614/month

134 Days on Market

About This Home

As of April 2019

~Fully Leased, Extremely Well Maintained, Brick 6 Unit Apartment Complex In Downtown Antioch~5 Units Are Spacious, 2 Bed, 1 Bath Apartments~6th Unit Is a 1 Bed, 1 Bath Unit On The Lower Level~Separate Storage for Each Unit~Laundry Room With 2 Washers/2 Dryers~Large Paved Rear Parking Lot~New Roof in the past 3 Years~

Last Agent to Sell the Property

Scott Eberle

HomeSmart Connect LLC License #471019655 Listed on: 09/24/2018

HomeSmart Connect LLC

Last Buyer's Agent

Vatsal Doshi

Welcome Realty License #471019273

Property Details

Home Type

  • Multi-Family

Year Built

  • 1990

Lot Details

  • 0.29

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Utilities

  • Central Air

Additional Features

  • Finished Basement

Community Details

  • Fuel Expense $540
  • Insurance Expense $1,650

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1990

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 39563
  • Outdoor Parking: 13-18 Spaces
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Scavenger Expense: 780
  • Total Annual Exp: 19177
  • Total Annual Income: 58740
  • Total Monthly Income: 4895
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1990
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Basement: Finished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding, Brick
  • Acreage: 0.29
  • Construction: Concrete
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 15

Utilities

  • Air Conditioner: Central Individual
  • Fire Protection: Alarm Monitored, Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Central Heat/Indiv Controls, Forced Air, Gas
  • Water Expense: 1609

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 480
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 84 X 150
  • Lot Sq Ft: 12750
  • Land Amenities: Lighting/Exterior, Sidewalks
  • Parcel Identification Number: 02082010450000

Rental Info

  • Gross Rental Income: 56940
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 540
  • Insurance Expense: 1650
  • Other Expenses: 1060
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 14579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Apr 15, 2019
Sold by
Vrakas George and Vrakas Maria
Bought by
Vm Investments Llc
Seller's Agent
Scott Eberle
HomeSmart Connect LLC
Buyer's Agent
Vatsal Doshi
Welcome Realty
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%
Current Estimated Value
$799,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,093
Avg. Annual Appreciation
8.13%
Original Mortgage
$315,000
Outstanding Balance
$277,499
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$521,594

Purchase Details

Closed on
Dec 15, 2004
Sold by
Schubkegel Peter J and Schubkegel Terri I
Bought by
Vrakas George and Vrakas Maria

Purchase Details

Closed on
Jan 9, 2001
Sold by
Gillengerten Robert J and Gillengerten Carol J
Bought by
Schubkegel Peter J and Schubkegel Terri I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.43%

Purchase Details

Closed on
May 24, 1994
Sold by
Nielsen Fred H
Bought by
Kraenzle George and Ridolfi Richard

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
8.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vm Investments Llc $470,000 Fidelity National Title
Vrakas George $505,000 --
Schubkegel Peter J $348,000 Chicago Title Insurance Co
Kraenzle George $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vm Investments Llc $315,000
Previous Owner Schubkegel Peter J $174,000
Previous Owner Kraenzle George $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $470,000 -6.0% --
02/05/2019 02/05/19 Pending -- -- --
09/24/2018 09/24/18 For Sale $499,900 -- --
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
2024 $17,522 $177,782 $9,696 $168,086
2023 $18,625 $159,189 $8,682 $150,507
2022 $18,625 $165,822 $10,842 $154,980
2021 $17,354 $154,728 $10,117 $144,611
2020 $17,035 $150,455 $9,838 $140,617
2019 $17,319 $143,880 $9,408 $134,472
2018 $14,686 $123,980 $9,826 $114,154
2017 $14,579 $118,009 $9,353 $108,656
2016 $14,260 $113,886 $9,026 $104,860
2015 $13,958 $126,396 $8,796 $117,600
2014 $11,105 $95,657 $13,005 $82,652
2012 $10,254 $95,657 $13,005 $82,652
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10094799

Midwest Real Estate Data (MRED)

APN: 02-08-201-045