NOT LISTED FOR SALE
17 Beds
9 Baths
8,941 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: July 14, 2022

Last sale price $1,055,000 $118 Per Sq Ft

19 Days on Market

Highlights

  • Laundry Room
  • Storage Room
  • Baseboard Heating
  • Prospect High School Rated A+
  • Central Heating

About This Home

As of July 2022

Rare 9-unit building with upside potential !!! Income could be $135,600 (market rent) ** Clean & well-maintained ** Solid construction ** 8 2-BR, 1-bath units/1 1-BR, 1-bath unit ** All new roof including shingles, wood decking & trusses ** Some windows replaced ** Some units updated ** Newer hot water heater ** Extra large units with eat-in kitchens & LR/DR combo ** Storage for each unit & laundry room with W&D ** Private assigned parking for 18 cars ** "Other Expense" is association fee ** Great rental location adjacent to park, walk to Fitness/Recreation Ctr, close to shopping, restaurants & easy access to new Elmhurst Rd/I-90 interchange **

Last Agent to Sell the Property

Richard Dawidiuk

REMAX Legends License #475134041 Listed on: 04/30/2022

REMAX Legends

Last Buyer's Agent

Marina Kando

Baird & Warner License #475140804

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,347

Year Built

  • Built in 1974

Lot Details

  • 16,789 Sq Ft Lot
  • Lot Dimensions are 118 x 142
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 8,941 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 9 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include insurance, lawn care, scavenger, snow removal
  • 9 Units

Building Details

  • Electric Expense $705
  • Fuel Expense $4,500
  • Insurance Expense $3,000
  • Other Expense $5,160
  • Water Sewer Expense $10,000
  • Operating Expense $51,712
  • Gross Income $118,980
  • Net Operating Income $69,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,347

Year Built

Built in 1974

Lot Details

0.39 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1974
  • Built Before 1978 (Y/N): Yes
  • Information: Other-See Remarks
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 9
  • Total Bedrooms: 17
  • Misc Inside: Inside Corridor/s,Storage Inside,Laundry Room
  • Fireplaces: 1
  • Refrigerators: 9
  • Ranges: 9
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Pitched
  • Misc Outside: Courtyard

Garage/Parking

  • Outdoor Parking: 13-18 Spaces,Assigned Spaces,Paved,Private Lot

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Association Fee Includes: Insurance, Lawn Care, Scavenger, Snow Removal
  • Water Sewer Expenses: 10000

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.38
  • Lot Dimensions: 118 X 142
  • Lot Size Sq Ft: 16789
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 8941

Multi Family

  • Net Operating Income: 69668
  • Fuel Expense: 4500
  • Insurance Expense: 3000
  • ElectricExpense: 705
  • GrossIncome: 118980
  • NumberOfUnitsTotal: 9
  • OperatingExpense: 51712
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 28347
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
07/14/2022 07/14/22 Sold $1,055,000 -7.0% $118 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $1,135,000 -- $127 / Sq Ft
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 $15,242 $98,641 $14,699 $83,942
2024 $15,242 $58,498 $12,249 $46,249
2023 $15,261 $61,000 $12,249 $48,751
2022 $15,261 $61,000 $12,249 $48,751
2021 $18,058 $63,198 $7,961 $55,237
2020 $17,574 $63,198 $7,961 $55,237
2019 $18,148 $71,816 $7,961 $63,855
2018 $11,320 $39,648 $6,736 $32,912
2017 $11,214 $39,648 $6,736 $32,912
2016 $10,543 $39,648 $6,736 $32,912
2015 $12,839 $45,061 $5,512 $39,549
2014 $12,627 $45,061 $5,512 $39,549
2013 $12,329 $45,061 $5,512 $39,549
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11390821

Midwest Real Estate Data (MRED)
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