NOT LISTED FOR SALE
10 Beds
6 Baths
6,325 Sq Ft
7,600 Sq Ft Lot

Sale Details

Date Sold: October 5, 2021

Last sale price $895,000 $142 Per Sq Ft

67 Days on Market

Highlights

  • 7,600 Sq Ft lot
  • Central Heating
  • Hot Water Heating System

About This Home

As of October 2021

Very well maintained investment property, 6 unit Brick Building with 8 car brick garage on huge 76X100 lot. 2 side driveways. Four 2BR/1BA, Two 1BR/1BA. New boiler, hot water tank and roof is newer. Awesome turnkey property with great tenants. Short walk to CTA, near Metra statikons. Plenty of retail, shopping and grocery shops nearby. Extra income from non-confirming 7th unit and laundry.

Last Agent to Sell the Property

Jainish Joseph

Revive Real Estate LLC License #475140092 Listed on: 06/19/2021

Revive Real Estate LLC

Last Buyer's Agent

Jainish Joseph

Revive Real Estate LLC License #475140092 Listed on: 06/19/2021

Revive Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,924

Year Built

  • Built in 1926

Lot Details

  • 7,600 Sq Ft Lot
  • Lot Dimensions are 76 x 100

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,325 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $350
  • Fuel Expense $3,000
  • Insurance Expense $2,300
  • Maintenance Expense $1,250
  • Manager Expense $2,500
  • Trash Expense $960
  • Water Sewer Expense $2,700
  • Operating Expense $23,537
  • Gross Income $96,240
  • Net Operating Income $76,206

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,924

Year Built

Built in 1926

Lot Details

7,600 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1926
  • 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: 6
  • Total Bedrooms: 10
  • Possible Use: Condominium, Multi-Family
  • Basement Description: None
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 7
  • Ranges: 7
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Membrane
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Enclosed Porch,Enclosed Stairs

Garage/Parking

  • Outdoor Parking: None On Site
  • Indoor Parking: 6-12 Spaces,Detached

Utilities

  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Central Bldg Heat,Gas,Hot Water,Radiators

Condo/Co-op/Association

  • Manager Expense: 2500
  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 960
  • Water Sewer Expenses: 2700

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 76 X 100
  • Lot Size Sq Ft: 7600
  • Zoning: MULTI

Rental Info

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

Building Info

  • BuildingAreaTotal: 6325

Multi Family

  • Net Operating Income: 76206
  • Fuel Expense: 3000
  • Insurance Expense: 2300
  • ElectricExpense: 350
  • GrossIncome: 96240
  • Maintenance Expense: 1250
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 23537
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 10924
  • Tax Year: 2019

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 19, 2021
Closed on
Oct 5, 2021
Sold by
Bought by
Seller's Agent
Jainish Joseph
Revive Real Estate LLC
Buyer's Agent
Jainish Joseph
Revive Real Estate LLC
List Price
$1,000,000
Sold Price
$895,000
Premium/Discount to List
-$105,000
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 11, 2017
Closed on
Feb 1, 2018
Sold by
Bought by
Seller's Agent
John Castelli
Castelli Management LLC
Buyer's Agent
Jainish Joseph
Revive Real Estate LLC
List Price
$739,900
Sold Price
$675,000
Premium/Discount to List
-$64,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$506,250
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2016
Sold by
Bought by

Purchase Details

Listed on
Jul 21, 2016
Closed on
Sep 6, 2016
Sold by
Bought by
Seller's Agent
Luminita Ispas
Century 21 S.G.R., Inc.
Buyer's Agent
John Castelli
Castelli Management LLC
List Price
$580,000
Sold Price
$550,000
Premium/Discount to List
-$30,000
-5.17%

Purchase Details

Closed on
Sep 24, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2013
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
$252,000
Interest Rate
0.0438%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2001
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
$416,000
Interest Rate
0.0728%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$895,000 Fidelity National Title Co
$675,000 Fidelity National Title
-- None Available
$550,000 Stewart Title
-- Stewart Title
$315,000 Git
-- None Available
$520,000 --
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 $695,000
Previous Owner $506,250
Previous Owner $252,000
Previous Owner $416,000
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 Prior Sale
10/05/2021 10/05/21 Sold $895,000 -10.5% $142 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
06/19/2021 06/19/21 For Sale $1,000,000 +48.1% $158 / Sq Ft
02/01/2018 02/01/18 Sold $675,000 0.0% -- View Prior Sale
11/30/2017 11/30/17 Off Market $675,000 -- --
11/25/2017 11/25/17 Pending -- -- --
10/28/2017 10/28/17 Price Changed $729,900 -1.4% --
08/11/2017 08/11/17 For Sale $739,900 +34.5% --
09/15/2016 09/15/16 Sold $550,000 -5.2% -- View Prior Sale
07/30/2016 07/30/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $580,000 -- --
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 $11,611 $79,000 $23,560 $55,440
2024 $11,611 $79,000 $23,560 $55,440
2023 $11,319 $55,000 $19,000 $36,000
2022 $11,319 $55,000 $19,000 $36,000
2021 $11,067 $55,000 $19,000 $36,000
2020 $10,538 $47,279 $9,500 $37,779
2019 $10,925 $54,344 $9,500 $44,844
2018 $12,270 $62,082 $9,500 $52,582
2017 $11,455 $53,183 $8,360 $44,823
2016 $10,658 $53,183 $8,360 $44,823
2015 $9,751 $53,183 $8,360 $44,823
2014 $8,281 $44,601 $7,600 $37,001
2013 $8,483 $46,606 $7,600 $39,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11129035

Midwest Real Estate Data (MRED)
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