NOT LISTED FOR SALE

6048 W Pershing Rd Cicero, IL 60804

Cicero Area
9 Beds
10 Baths
-- Sq Ft
5,113 Sq Ft Lot

Sale Details

Date Sold: July 26, 2019

Last sale price $657,000

14 Days on Market

About This Home

As of July 2019

BRK 10 APTS. INCL-10 STVS, 10 REFRIG, CRPTG & BLINDS. RENTS ARE-700, 725, 725, 725, 575, 750, 725, 700,700 & 750. SEC DEP ALL ARE 700. ROOF 2018, GUTTERS & DOWN-SPOUTS-2018-COST 40K. 4 PRKG STALLS, PLUS STREET PRKG. 11 ELEC MTRS. HTG IS ELEC BASEBOARD HT. ALL SEPARATE . 1 GAS METER FOR HOT WATER. 9 APTS ARE 3 RMS-1 BDRS. 1 APT IS EFF. OR STUDIO. 1 HOT WATER TANK 2016 COST-800. ALL 1 BDRS SHOULD BE 750. GROSS INC PER MONTH COULD BE 7350. GROSS INC. PER YEAR COULD BE 88200. MNTCE FREE EXT. MAKE AN OFFER. LOW TAXES. BLDG AVG/GOOD COND. SOLD AS IS.

Last Agent to Sell the Property

Chris Tasevski

Century 21 Hallmark Ltd. License #475126307 Listed on: 03/12/2019

Century 21 Hallmark Ltd.

Last Buyer's Agent

Elizabeth Press

@properties Christie's International Real Estate License #475097362

@properties Christie's International Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,525

Year Built

  • Built in 1960

Lot Details

  • 5,113 Sq Ft Lot
  • Lot Dimensions are 38x125

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Pitched Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Utilities

  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $720
  • Fuel Expense $1,200
  • Insurance Expense $3,650
  • Trash Expense $2,100
  • Water Sewer Expense $4,200
  • Operating Expense $26,395
  • Gross Income $84,900
  • Net Operating Income $58,505

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,525

Year Built

Built in 1960

Lot Details

5,113 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1960
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Refrigerators: 10
  • Ranges: 10
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block, Brick/Mortar, Concrete Perimeter
  • Frontage Type: City Street
  • Roof Structure: Pitched

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Electric: Separate Meters
  • Utilities: Water Available
  • Heat/Ventilation: Electric

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2100
  • Water Sewer Expenses: 4200

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 38X125
  • Lot Size Sq Ft: 5113
  • Alternate Phone Number: (708) 788-2800

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 58505
  • Fuel Expense: 1200
  • Insurance Expense: 3650
  • ElectricExpense: 720
  • GrossIncome: 84900
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 26395
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 14525
  • Tax Year: 2017

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
Sep 26, 2023
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
$1,398,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 12, 2019
Closed on
Jul 19, 2019
Sold by
Bought by
Seller's Agent
Chris Tasevski
Century 21 Hallmark Ltd.
Buyer's Agent
Elizabeth Press
@properties Christie's International Real Estate
List Price
$695,900
Sold Price
$657,000
Premium/Discount to List
-$38,900
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 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
$280,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cicero, IL

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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
$1,750,000 None Listed On Document
$667,000 Great Illinois Title
$427,500 Attorneys Title Guaranty Fun
-- --
$420,500 --
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 $1,398,000
Previous Owner $312,000
Previous Owner $280,000
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
07/26/2019 07/26/19 Sold $657,000 -5.6% --
03/26/2019 03/26/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $695,900 -- --
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 $19,120 $56,517 $5,106 $51,411
2024 $19,120 $56,517 $5,106 $51,411
2023 $24,386 $56,517 $5,106 $51,411
2022 $24,386 $55,837 $7,125 $48,712
2021 $24,103 $55,836 $7,125 $48,711
2020 $23,434 $55,836 $7,125 $48,711
2019 $22,267 $45,641 $4,275 $41,366
2018 $15,463 $32,528 $4,275 $28,253
2017 $14,525 $31,742 $4,275 $27,467
2016 $12,491 $26,029 $3,800 $22,229
2015 $12,328 $25,998 $3,800 $22,198
2014 $12,225 $26,750 $3,800 $22,950
2013 $10,225 $24,745 $3,800 $20,945
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10305516

Midwest Real Estate Data (MRED)
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