NOT LISTED FOR SALE
11 Beds
6 Baths
-- Sq Ft
1980 Built

Sale Details

Date Sold: October 11, 2019

Last sale price $485,000 $0 Per Sq Ft

61 Days on Market

About This Home

As of October 2019

A fully rented 6unit building with 5 two bedroom units & 1 one bedroom. 3 story brick building w/newer roof has been very well maintained. -more than enough parking. Long term tenants, pay on time & take good care of their units/common areas. 7.8CAP

Last Agent to Sell the Property

Jean Reedy

Baird & Warner License #471008124 Listed on: 06/19/2019

Baird & Warner

Last Buyer's Agent

Ruben Vallejo

Village Realty, Inc. License #475130714

Village Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $2,304
  • Insurance Expense $1,238
  • Manager Expense $585

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1980

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 40013
  • Owners Assoc: Yes
  • Total Annual Exp: 31912
  • Total Annual Income: 72060
  • Total Monthly Income: 72060
  • Unincorporated: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1980
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1980

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 10

Utilities

  • Air Conditioner: Central Individual, Wall Sleeve
  • Heatventilation: Central Bldg Heat, Hot Water
  • Water Expense: 2304

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Parking, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Manager Expense: 585

Fee Information

  • Electricity Expense: 588
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 50X57X55X57
  • Parcel Identification Number: 28174130560000

Rental Info

  • Gross Rental Income: 70800
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 2304
  • Insurance Expense: 1238
  • Other Expenses: 140
  • Number Of Dishwashers: 6
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 18,045

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
Jun 19, 2019
Closed on
Oct 11, 2019
Sold by
Bought by
Seller's Agent
Jean Reedy
Baird & Warner
Buyer's Agent
Ruben Vallejo
Village Realty, Inc.
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2005
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
$285,000
Interest Rate
0.0381%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$485,000 Greater Illinois Title
$570,000 Pntn
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
Closed $388,000
Previous Owner $285,000
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
10/11/2019 10/11/19 Sold $485,000 -3.0% --
08/19/2019 08/19/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $500,000 -- --
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 $19,258 $53,250 $1,641 $51,609
2024 $19,258 $53,250 $1,641 $51,609
2023 $18,661 $53,250 $1,641 $51,609
2022 $18,661 $40,060 $1,427 $38,633
2021 $18,200 $40,059 $1,427 $38,632
2020 $17,547 $40,059 $1,427 $38,632
2019 $18,385 $40,973 $1,284 $39,689
2018 $17,981 $40,973 $1,284 $39,689
2017 $17,898 $40,973 $1,284 $39,689
2016 $15,397 $33,930 $1,141 $32,789
2015 $14,958 $33,930 $1,141 $32,789
2014 $14,587 $33,930 $1,141 $32,789
2013 $12,856 $33,564 $1,141 $32,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10424253

Midwest Real Estate Data (MRED)
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