NOT LISTED FOR SALE
6 Beds
4 Baths
5,841 Sq Ft
6,562 Sq Ft Lot

Last Sold April 19, 2022

Last sale price $630,000 $108 Per Sq Ft

105 Days on Market

About This Home

As of April 2022

Beautiful Norwood Park 4 unit building in a great location. There are two 2 bedroom/1bath units and two 1 bed/1 bath units. Walkable to Metra, shopping, dining, forest preserve, bike trails and more. Nice sized backyard with parking in the rear for each unit. One unit is leased until October 31, 2021. All other units are month to month with very long term tenants. Owners pay heat and water.(The interior photos are from one unit on the second floor.) The building is being sold "As Is".

Last Agent to Sell the Property

Bonnie Rajchel

Hoff, Realtors License #475132198 Listed on: 07/19/2021

Last Buyer's Agent

Marti Corcoran

Coldwell Banker Realty License #475121841

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,687

Year Built

  • Built in 1952

Lot Details

  • 6,562 Sq Ft Lot
  • Lot Dimensions are 50x135

Home Design

  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,841 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $3,603
  • Insurance Expense $2,628
  • Maintenance Expense $2,601
  • Trash Expense $1,159
  • Water Sewer Expense $825
  • Operating Expense $11,116
  • Gross Income $43,980
  • Net Operating Income $32,864

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,687

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1952
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplaces: 0
  • Dishwashers: 0
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Hot Water

Fee Information

  • Trash Expense: 1159
  • Water Sewer Expenses: 825

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X135
  • Lot Size Sq Ft: 6562
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 10
  • Tenancy Type: Leases,Month To Month

Building Info

  • BuildingAreaTotal: 5841

Multi Family

  • Net Operating Income: 32864
  • Fuel Expense: 3603
  • Insurance Expense: 2628
  • ElectricExpense: 300
  • GrossIncome: 43980
  • Maintenance Expense: 2601
  • NumberOfUnitsTotal: 4
  • OperatingExpense: 11116
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 13687
  • Tax Year: 2020
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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 List to Sale Price per Sq Ft
04/19/2022 04/19/22 Sold $630,000 -21.2% $108 / Sq Ft
03/14/2022 03/14/22 For Sale $799,000 +26.8% $137 / Sq Ft
03/07/2022 03/07/22 Off Market $630,000 -- --
03/01/2022 03/01/22 Off Market $630,000 -- --
11/02/2021 11/02/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $850,000 0.0% $146 / Sq Ft
10/08/2020 10/08/20 Rented $1,000 0.0% --
09/28/2020 09/28/20 For Rent $1,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $14,048 $82,000 $20,342 $61,658
2024 $14,048 $82,000 $20,342 $61,658
2023 $13,694 $66,579 $16,405 $50,174
2022 $13,694 $66,579 $16,405 $50,174
2021 $14,277 $71,000 $16,405 $54,595
2020 $13,355 $59,950 $10,499 $49,451
2019 $13,687 $68,125 $10,499 $57,626
2018 $13,457 $68,125 $10,499 $57,626
2017 $12,847 $59,677 $9,186 $50,491
2016 $11,953 $59,677 $9,186 $50,491
2015 $11,511 $62,818 $9,186 $53,632
2014 $11,990 $64,623 $7,874 $56,749
2013 $11,753 $64,623 $7,874 $56,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11160831

Midwest Real Estate Data (MRED)

APN: 10314140480000