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
  • Central Heating
  • Baseboard Heating
  • Storage Room

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
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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

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
Apr 30, 2022
Closed on
Jul 14, 2022
Sold by
Bought by
Seller's Agent
Richard Dawidiuk
REMAX Legends
Buyer's Agent
Marina Kando
Baird & Warner
List Price
$1,135,000
Sold Price
$1,055,000
Premium/Discount to List
-$80,000
-7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$385,315
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2002
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
$600,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 1994
Sold by
Bought by
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
$1,055,000 None Listed On Document
-- Attorney
-- Prairie Title
-- --
$425,000 --
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 $600,000
Previous Owner $600,000
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
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
2026 $6,016 $59,550 $12,960 $46,590
2025 $5,939 $59,550 $12,960 $46,590
2024 $5,939 $63,040 $10,730 $52,310
2023 $6,001 $63,040 $10,730 $52,310
2022 $4,391 $43,280 $7,220 $36,060
2021 $4,702 $43,280 $7,220 $36,060
2020 $4,658 $42,530 $8,350 $34,180
2019 $4,682 $42,530 $8,350 $34,180
2018 $4,382 $37,650 $7,290 $30,360
2017 $4,172 $37,650 $7,290 $30,360
2016 $4,700 $38,720 $6,770 $31,950
2015 $4,761 $38,720 $6,770 $31,950
2014 $4,522 $21,630 $6,370 $15,260
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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