Seller's Agent in 2021
Rima Odeh
Better Homes & Gardens Real Estate
(708) 856-5100
1 in this area
149 Total Sales
6004 S Archer Rd Summit, IL 60501
6
Beds
4
Baths
--
Sq Ft
1965
Built
Highlights
- Laundry Room
- Storage Room
- Heating System Uses Steam
- Argo Community High School Rated A-
- Baseboard Heating
About This Home
As of September 2021ATTENTION ALL INVESTORS, GREAT SOLID BRICK 6 UNIT BUILDING, GREAT INCOME, LONG-LONG TERM TENANTS. 4 (2) BEDROOM AND 2 (1) BEDROOM. BRAND NEW BOILER, BRAND NEW RADIATORS, VERY WELL MAINTAINED AND MANAGED BUILDING. AVERAGE TENANT BEEN THERE OVER 7 YEARS. TAXES BEEN APPEALED AND CONTESTED. FULLY OCCUPIED, GREAT LOCATION NEAR HIGHWAYS. THE RENTS ARE BASED ON LONG TERM TENANTS, RENTS CAN BE WAY HIGHER.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,679
Year Built
- Built in 1965
Lot Details
- Lot Dimensions are 60x125
Home Design
- Brick Exterior Construction
- Pitched Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Storage Room
- Laundry Room
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Finished Basement
- Exterior Basement Entry
- Rough-In Basement Bathroom
- Basement Window Egress
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Steam
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $30
- Fuel Expense $2,800
- Insurance Expense $210
- Trash Expense $150
- Water Sewer Expense $220
- Gross Income $54,600
- Net Operating Income $36,700
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/08/2023 08/08/23 | For Rent | -- | -- | -- |
| 07/13/2023 07/13/23 | For Rent | -- | -- | -- |
| 06/19/2023 06/19/23 | For Rent | -- | -- | -- |
| 03/11/2023 03/11/23 | For Rent | -- | -- | -- |
| 09/09/2021 09/09/21 | Sold | $435,000 | -3.3% | -- |
| 03/14/2021 03/14/21 | Pending | -- | -- | -- |
| 03/10/2021 03/10/21 | For Sale | $449,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $14,365 | $41,000 | $3,467 | $37,533 |
| 2024 | $14,365 | $41,000 | $3,467 | $37,533 |
| 2023 | $8,369 | $41,000 | $3,467 | $37,533 |
| 2022 | $8,369 | $19,398 | $2,989 | $16,409 |
| 2021 | $8,144 | $19,397 | $2,988 | $16,409 |
| 2020 | $8,338 | $19,397 | $2,988 | $16,409 |
| 2019 | $15,144 | $32,940 | $2,749 | $30,191 |
| 2018 | $14,645 | $32,940 | $2,749 | $30,191 |
| 2017 | $14,625 | $32,940 | $2,749 | $30,191 |
| 2016 | $9,064 | $19,191 | $2,391 | $16,800 |
| 2015 | $8,784 | $19,191 | $2,391 | $16,800 |
| 2014 | $8,596 | $19,191 | $2,391 | $16,800 |
| 2013 | $8,447 | $21,000 | $2,391 | $18,609 |
Source: Public Records
Agents Affiliated with this Home
-
Rima Odeh
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11017041
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