Eddie Ruettiger
Exit Real Estate Specialists
(708) 719-9080
224 Total Sales
6 in Crest Hill
$125K - $350K Price Range
609 Pasadena Ave Crest Hill, IL 60403
Crest Hill AreaEstimated Value: $488,420
11
Beds
6
Baths
--
Sq Ft
10,019
Sq Ft Lot
About This Home
As of August 2023Quality, stabilized brick 6-unit building in Crest Hill, IL. The building features 3 levels of apartments with (5) 2-beds and (1) 1-bed and is all electric meaning lower operating expenses versus other comparable builds. In addition to being well maintained, the roof and windows have been replaced within the past 7 years and the units are in solid, rental grade condition. The property contains 12 parking spaces. Gross income is currently at a healthy $79,200 per year however Crest Hill's rents have been soaring in recent years allowing gross rents to come up to a market rent exceeding $94,000.
Last Agent to Sell the Property
Citypoint Illinois LLC License #471021887 Listed on: 06/13/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,732
Year Built
- Built in 1976
Lot Details
- 10,019
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Additional Features
- 3-Story Property
- Baseboard Heating
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $480
- Insurance Expense $3,600
- Other Expense $1,632
- Trash Expense $1,080
- Water Sewer Expense $3,000
- Operating Expense $27,084
- Gross Income $22,524
- Net Operating Income $52,116
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
Jun 13, 2023
Closed on
Aug 17, 2023
Sold by
531 Pasadena Ave Llc and 609 Pasadena Ave Llc
Bought by
Seller's Agent
Robert Rixer
Citypoint Illinois LLC
Buyer's Agent
Joey Batliner
Listing Leaders Northwest, Inc
List Price
$775,000
Sold Price
$700,000
Premium/Discount to List
-$75,000
-9.68%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$211,580
Avg. Annual Appreciation
-11.06%
Original Mortgage
$1,400,000
Outstanding Balance
$623,493
Interest Rate
7.51%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$135,073
Purchase Details
Closed on
May 26, 2023
Sold by
Ignacio Chavez Revocable Trust and Argelia-Chavez Revocable Trust
Bought by
609 Pasadena Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 27, 2017
Sold by
Chavez Ignacio
Bought by
Chavez Ignacio and Ignacio Chavez Revocable Trust
Purchase Details
Closed on
Nov 13, 2009
Sold by
Oakland Apartments Llc
Bought by
Chavez Ignacio
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Crest Hill, IL
-
Eddie Ruettiger
-
Timothy Good
Timothy Good
Keller Williams Preferred Rlty
(708) 729-5961
210 Total Sales
1 in Crest Hill
$255,000 Price
-
Annette Kallevik
Annette Kallevik
Responds QuicklyBespoke Realty Group, LLC
(224) 268-9834
45 Total Sales
1 in Crest Hill
$300,000 Price
-
Lena Matariyeh
Lena Matariyeh
Village Realty, Inc.
(708) 729-6011
133 Total Sales
1 in Crest Hill
$250,000 Price
-
Marie Clucas
Marie Clucas
Responds QuicklyRE/MAX Ultimate Professionals
(815) 524-0206
101 Total Sales
5 in Crest Hill
$221K - $415K Price Range
-
Oscar Arteaga
Oscar Arteaga
Keller Williams Infinity
(773) 694-4311
75 Total Sales
1 in Crest Hill
$372,000 Price
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 |
|---|---|---|---|
| $1,400,000 | None Listed On Document | ||
| 609 Pasadena Ave Llc | $610,000 | Fidelity National Title | |
| Chavez Ignacio | -- | Attorney | |
| Chavez Ignacio | -- | None Available |
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 | $200,000 | ||
| Open | Anb Properties Llc | $1,400,000 | |
| Closed | Anb Properties Llc | $1,400,000 | |
| Previous Owner | 609 Pasadena Ave Llc | $915,000 |
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 |
|---|---|---|---|---|
| 08/23/2023 08/23/23 | Sold | $700,000 | -9.7% | -- |
| 07/07/2023 07/07/23 | Pending | -- | -- | -- |
| 06/13/2023 06/13/23 | For Sale | $775,000 | -- | -- |
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 | $12,886 | $168,969 | $28,808 | $140,161 |
| 2024 | $12,886 | $160,874 | $26,873 | $134,001 |
| 2023 | $12,650 | $144,424 | $24,125 | $120,299 |
| 2022 | $12,094 | $132,804 | $22,184 | $110,620 |
| 2021 | $11,454 | $132,804 | $22,184 | $110,620 |
| 2020 | $11,620 | $132,804 | $22,184 | $110,620 |
| 2019 | $11,664 | $132,804 | $22,184 | $110,620 |
| 2018 | $11,361 | $125,988 | $21,045 | $104,943 |
| 2017 | $11,671 | $125,988 | $21,045 | $104,943 |
| 2016 | $11,644 | $125,988 | $21,045 | $104,943 |
| 2015 | $11,532 | $125,988 | $21,045 | $104,943 |
| 2014 | $11,532 | $116,655 | $19,486 | $97,169 |
| 2013 | $11,532 | $116,655 | $19,486 | $97,169 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Rixer
RR
Seller's Agent in 2023
Robert Rixer
Citypoint Illinois LLC
(312) 983-0519
11 Total Sales
-
Joey Batliner
Buyer's Agent in 2023
Joey Batliner
Listing Leaders Northwest, Inc
(224) 401-9152
25 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11807089
APN: 11-04-33-104-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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