NOT LISTED FOR SALE
16 Beds
10 Baths
-- Sq Ft
1972 Built

Last Sold August 12, 2022

Last sale price $1,525,000

100 Days on Market

About This Home

As of August 2022

10 well maintained units, almost fully occupied with leases (rent roll will be provided after showing). Many rents have not been raised in many years, a few due to covid. GRM is high currently.

Last Agent to Sell the Property

Michelle Chicago

@properties Christie's International Real Estate License #475134834 Listed on: 03/09/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Tony Kosir

EXIT Strategy Realty License #471008977

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,960

Year Built

  • Built in 1972

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $3,600
  • Insurance Expense $2,400
  • Trash Expense $2,400
  • Water Sewer Expense $7,200
  • Operating Expense $26,701
  • Gross Income $121,860
  • Net Operating Income $95,701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,960

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 10
  • Total Bedrooms: 16
  • Possible Use: Condominium, Multi-Family
  • Basement Description: Unfinished
  • Fireplaces: 2
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 10
  • Ranges: 10
  • Number of Windows: 10
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Frontage Type: City Street
  • List Price: 1675000
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Balcony/ies

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Electric
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 2400
  • Water Sewer Expenses: 7200
  • Janitor Expense: 0
  • Operating Expense Includes: Insurance,Parking,Trash,Utilities,Water/Sewer,Electricity,Gas,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Leases

Building Info

  • Building Unit Info: Smoke/Alarm Detector,Storage/Locker Area

Multi Family

  • Net Operating Income: 95701
  • Fuel Expense: 3600
  • Insurance Expense: 2400
  • ElectricExpense: 600
  • GrossIncome: 121860
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 26701
  • Expense Year: 2020
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 9959.58
  • Tax Year: 2020

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $1,525,000 -9.0% --
06/19/2022 06/19/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $1,675,000 0.0% --
04/07/2022 04/07/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,675,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11343862

Midwest Real Estate Data (MRED)

APN: 13061030090000