NOT LISTED FOR SALE

6607 Pershing Rd Stickney, IL 60402

8 Beds
10 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold November 05, 2016

Last sale price $550,000

35 Days on Market

About This Home

As of November 2016

WOW!! INCREDIBLE INVESTMENT OPPORTUNITY!! WONDERFUL 10 UNIT MULT-FAMILY BUILDING ON A EXTRA-WIDE LOT IN AN INCREDIBLE LOCATION!! 8 ROOMY NICE 1BR UNITS AND 2 NICE STUDIOs AS WELL!! EXTREMELY WELL CONSTRUCTED AND MAINTAINED BUILDING SITUATED ON 3 LOTS WITH 75 FEET OF FRONTAGE, AN OPEN SPACE, AND A SHARP STORAGE SHED! 8 UNASSIGNED PARKING SPACES AND PLENTY OF STREET PARKING AS WELL! 2 RECENT BOILERS! ALL SEPARATE ELECTRIC METERS! COIN-OPERATED WASHER AND DRYER INCLUDED! ALL NEW STOVES AND ALL REFRIGERATORS 7 YEARS OLD OR LESS! ABSOLUTELY A WONDERFUL INCOME BUILDING! FULLY OCCUPIED WITH VERY LONG TIME TENANTS. RENTS BELOW MARKET - ON M/M LEASES! BETTER BE QUICK!!

Last Agent to Sell the Property

Paul Hendershott

Double TT Real Estate Inc. License #471017734 Listed on: 07/19/2016

Last Buyer's Agent

Joshua Jasien

Keller Williams Experience License #475168227

Keller Williams Experience

Property Details

Home Type

  • Multi-Family

Year Built

  • 1974

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $3,479
  • Insurance Expense $2,165

Listing and Financial Details

  • Tenant pays for electric
  • $1,500 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Individual
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2016
  • Net Oper Income: 47251
  • Repairs Decor Expense: 2000
  • Scavenger Expense: 1524
  • Total Annual Exp: 26033
  • Total Annual Income: 73284
  • Total Monthly Income: 6107
  • Number of Ranges: 10
  • Number Of Refrigs: 10
  • Number Of Window A C: 10
  • Number Of Stories: 2
  • Estimated Year Built: 1974
  • Type Multi Family: Corridor-Exterior Entrance, Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1974

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.06
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Hot Water
  • Water Expense: 1669

Condo/Co-op/Association

  • Units in Building: 10

Fee Information

  • Electricity Expense: 572
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 75X120
  • Parcel Identification Number: 19062030070000

Rental Info

  • Gross Rental Income: 73760
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 3479
  • Insurance Expense: 2165
  • Other Expenses: 2746
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 11778

Range of Values:

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List Price
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
11/05/2016 11/05/16 Sold $550,000 -6.0% --
08/23/2016 08/23/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $584,900 -- --
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: MRD09292863

Midwest Real Estate Data (MRED)