NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
1958 Built

Sale Details

Date Sold: July 18, 2018

Last sale price $628,000

7 Days on Market

About This Home

As of July 2018

BEAUTIFUL THREE UNITS BUILDING, ALL UPDATED AND RENTED. GREAT INVESTMENT OPPORTUNITY. YOU WILL NOT NEED TO FIX ANYTHING IN THIS BUILDING FOR VERY LONG TIME. SPACIOUS UNITS ALL 3BED/2BTH. TENANT OCCUPIED. BRICK IN NICE LOCATION. CLOSE TO TRANSPORTATION AND MAJOR EXPRESSWAYS. MUST SEE

Last Agent to Sell the Property

Kenda Razko

NB ELITE REALTY LLC License #475156269 Listed on: 03/21/2018

NB ELITE REALTY LLC

Last Buyer's Agent

Marco Federow

MKABIL LLC License #475170596

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,604

Year Built

  • Built in 1958 | Remodeled in 2014

Parking

  • 3 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Lot Details

  • Lot Dimensions are 33x125

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $57,420
  • Net Operating Income $44,042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,604

Year Built

Built in 1958 | Remodeled in 2014

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1958
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 13377

Lot Info

  • Lot Dimensions: 33X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 44042
  • GrossIncome: 57420
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 7603.86
  • Tax Year: 2016
  • Tax Exemptions: None

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
Jun 10, 2022
Sold by
Louise H Kowar Revocable Trust
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
$548,076
Outstanding Balance
$514,579
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2022
Sold by
Floros Lambros N and Floros Yiannis N
Bought by
Louise H Kowar Revocable Trust and Kowar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,076
Outstanding Balance
$514,579
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 18, 2018
Sold by
Greenbluff Llc
Bought by
Floros Lambros N and Floros Yiannis N
Seller's Agent
Kenda Razko
NB ELITE REALTY LLC
Buyer's Agent
Marco Federow
MKABIL LLC
List Price
$599,900
Sold Price
$628,000
Premium/Discount to List
$28,100
4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,600
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2013
Sold by
The Bank Of New York Mellon
Bought by
Greenbluff Llc

Purchase Details

Closed on
Oct 31, 2012
Sold by
Okab Mohammad
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 21, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Okab Mohammad

Purchase Details

Closed on
Apr 5, 2005
Sold by
Lasalle Bank Na
Bought by
Lasalle Bank Na and Trust #134095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2004
Sold by
Ikab Ahmad and Okab Muhammad
Bought by
Lasalle Bank Na and Trust #131309

Purchase Details

Closed on
Aug 5, 2002
Sold by
Kowar Louise
Bought by
Okab Mohammad and Ikab Ahmad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2002
Sold by
Kowar Frank C
Bought by
Kowar Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
6.62%
Mortgage Type
Commercial
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
$615,000 None Listed On Document
Louise H Kowar Revocable Trust -- Pascual Patricia Gutierrez
Floros Lambros N $628,000 Saturn Title Llc
Greenbluff Llc $268,800 None Available
The Bank Of New York Mellon -- None Available
Okab Mohammad -- None Available
Lasalle Bank Na -- Cst
Lasalle Bank Na -- --
Okab Mohammad $470,000 Integrity Title
Kowar Louise -- Integrity Title
Kowar Louise -- Integrity Title
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 $548,076
Closed Floros Lambros N $596,600
Previous Owner Lasalle Bank Na $352,500
Previous Owner Okab Mohammad $352,500
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
07/18/2018 07/18/18 Sold $628,000 -0.3% --
03/28/2018 03/28/18 Pending -- -- --
03/25/2018 03/25/18 Price Changed $629,900 +5.0% --
03/21/2018 03/21/18 For Sale $599,900 -- --
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 $10,133 $57,131 $14,560 $42,571
2024 $10,133 $57,131 $14,560 $42,571
2023 $9,878 $48,000 $11,648 $36,352
2022 $9,878 $48,000 $11,648 $36,352
2021 $9,658 $48,000 $11,648 $36,352
2020 $7,924 $35,548 $6,032 $29,516
2019 $8,214 $40,860 $6,032 $34,828
2018 $8,076 $40,860 $6,032 $34,828
2017 $8,109 $37,649 $5,408 $32,241
2016 $7,545 $37,649 $5,408 $32,241
2015 $6,903 $37,649 $5,408 $32,241
2014 $7,905 $42,572 $4,992 $37,580
2013 $7,748 $42,572 $4,992 $37,580
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09893084

Midwest Real Estate Data (MRED)
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