NOT LISTED FOR SALE
10 Beds
5 Baths
-- Sq Ft
1961 Built

Sale Details

Date Sold: July 19, 2019

Last sale price $650,000 $0 Per Sq Ft

8 Days on Market

About This Home

As of July 2019

Newly Available Multi Family Building in Great Northwest Side Norwood Park. Well located on quiet block but close to downtown Edgebrook and Milwaukee Ave. commercial district. 5 Units, all 2 Bedroom/1 Bathroom. There is also a laundry and storage room. Parking lot in the back. All units are currently vacant but can be easily rented out for $1,200 per month. 6th Unit could be added to this building.

Last Agent to Sell the Property

Kellen Duggan

Friedman Real Estate IL LLC License #471020070 Listed on: 05/07/2019

Last Buyer's Agent

Kellen Duggan

Friedman Real Estate IL LLC License #471020070 Listed on: 05/07/2019

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Unfinished Basement

  • Exterior Basement Entry
  • Rough-In Basement Bathroom
  • Basement Window Egress

Community Details

  • Fuel Expense $3,376
  • Insurance Expense $3,750

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1961

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 52944
  • Outdoor Parking: 1-5 Spaces, Paved
  • Roof Coverings: Shingle Composition
  • Roof Structure: Hip
  • Scavenger Expense: 750
  • Total Annual Exp: 19056
  • Total Annual Income: 72000
  • Total Monthly Income: 6000
  • Number of Ranges: 5
  • Number Of Refrigs: 4
  • Number Of Stories: 2
  • Estimated Year Built: 1961
  • Type Multi Family: Four Plus One
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1961

Interior Features

  • Basement: Unfinished, Exterior Access, Bathroom Rough-In, Egress Window

Exterior Features

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

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heatventilation: Central Bldg Heat, Gas, Hot Water, Zoned
  • Water Expense: 2177

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 409
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 50X120
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 13051280160000

Rental Info

  • Gross Rental Income: 72000
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 3376
  • Insurance Expense: 3750
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 8594

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
May 7, 2019
Closed on
Jul 9, 2019
Sold by
Tcm Building Llc 6048 Elston
Bought by
Seller's Agent
Kellen Duggan
Friedman Real Estate IL LLC
Buyer's Agent
Kellen Duggan
Friedman Real Estate IL LLC
List Price
$729,000
Sold Price
$650,000
Premium/Discount to List
-$79,000
-10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,375
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2010
Sold by
Maestranzi Durbin Diane Maestranzi and Maestranzi Gottschalk Constance
Bought by
Tcm Building Llc/6048 Elston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
4.36%
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
$650,000 Attorneys Ttl Guaranty Fund
Tcm Building Llc/6048 Elston $525,000 First American Title Ins Co
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 $486,375
Previous Owner Tcm Building Llc/6048 Elston $393,000
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
07/19/2019 07/19/19 Sold $650,000 -10.8% --
05/15/2019 05/15/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $729,000 -- --
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 $5,556 $39,020 $9,920 $29,100
2024 $5,556 $39,020 $9,920 $29,100
2023 $5,417 $26,320 $8,003 $18,317
2022 $5,417 $26,320 $8,003 $18,317
2021 $6,596 $32,780 $8,003 $24,777
2020 $5,720 $25,663 $5,120 $20,543
2019 $5,858 $29,139 $5,120 $24,019
2018 $5,759 $29,139 $5,120 $24,019
2017 $4,331 $20,108 $4,480 $15,628
2016 $4,030 $20,108 $4,480 $15,628
2015 $3,879 $21,157 $4,480 $16,677
2014 $3,667 $19,748 $3,840 $15,908
2013 $3,594 $19,748 $3,840 $15,908
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10370649

Midwest Real Estate Data (MRED)

APN: 13051280150000

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