NOT LISTED FOR SALE

Estimated Value: $501,000 - $521,000

-- Bed
6 Baths
1,836 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $480,000 $261 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,294/month

8 Days on Market

About This Home

As of May 2024

Looking to add to your investment portfolio? Look no further than this 5-unit apartment building with solid rental history! Fantastic location near the University of Illinois campus and minutes from the quad. Inside, you'll find 4 - 2 bedroom, 1 bathroom units and 1 - 3 bedroom, 2 bathroom unit. On-site laundry is available in the basement.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 04/12/2024

Last Buyer's Agent

Leyla Khanahmad

Kale Realty License #475198890

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,419

Year Built

  • Built in 1913

Lot Details

  • 5,968

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 58x140

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $540
  • Insurance Expense $2,700
  • Trash Expense $900
  • Water Sewer Expense $780
  • Gross Income $63,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,419

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Condo/Townhouse
  • Stories: 3
  • Year Built: 1913
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOT 55 BLOCK 5 ELMWOOD ADD, T.S. HUBBARD'S
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Refrigerators: 5
  • Ranges: 5
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Stucco
  • List Price: 495000

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 900
  • Water Sewer Expenses: 780
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 58X140
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 22

Multi Family

  • Insurance Expense: 2700
  • ElectricExpense: 540
  • GrossIncome: 63480
  • NumberOfUnitsTotal: 5
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 16419
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2023
Sold by
Stevens Shawn W and Pardini Stephanie I
Bought by
Villa Nevgda Llc
Current Estimated Value
$508,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2019
Closed on
Apr 29, 2019
Sold by
W A Holdings Llc
Bought by
Stevens Shawn W and Pardini Stephanie I
Seller's Agent
Brian Hannon
Taylor Realty Associates
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$489,000
Sold Price
$453,750
Premium/Discount to List
-$35,250
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$0
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 18, 2012
Sold by
Accad Philippe
Bought by
Accad Eveleyne

Purchase Details

Closed on
Aug 2, 2012
Sold by
Deeb Cecile
Bought by
Accad Eveleyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 1, 2012
Sold by
Accad Walid and Accad Mathieu
Bought by
Accad Eveleyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 28, 2012
Sold by
Hajjar Jacqueline
Bought by
Accad Evelyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 25, 2012
Sold by
Accad Andre
Bought by
Accad Eveleyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 18, 2012
Sold by
Accad Yves
Bought by
Accad Evelyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 15, 2012
Sold by
Accad Evelyne
Bought by
Fast Track Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 6, 1987
Sold by
Accad Evelyne and Accad Suzanne
Bought by
Accad Suzanne
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Villa Nevgda Llc $480,000 None Listed On Document
Stevens Shawn W $454,000 Allied Capital Title
Accad Eveleyne -- None Available
Accad Eveleyne -- None Available
Accad Eveleyne -- None Available
Accad Eveleyne -- None Available
Accad Evelyne -- None Available
Accad Eveleyne -- None Available
Accad Evelyne -- None Available
Fast Track Realty Llc $310,000 None Available
Accad Suzanne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villa Nevgda Llc $380,000
Previous Owner Wa Holdings Llc $0
Previous Owner Stevens Shawn W $385,687
Previous Owner Wa Holdings Llc $195,000
Previous Owner Fast Track Realty Llc $50,000
Previous Owner Fast Tract Realty Llc $248,000
Previous Owner Fast Track Realty Llc $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $480,000 -3.0% $261 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $495,000 +9.1% $270 / Sq Ft
05/08/2019 05/08/19 Sold $453,750 -7.2% --
03/27/2019 03/27/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $489,000 +22.3% --
04/14/2015 04/14/15 Sold $400,000 0.0% $218 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $400,000 -- $218 / Sq Ft
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
2024 $17,522 $180,540 $30,060 $150,480
2023 $17,522 $164,730 $27,430 $137,300
2022 $16,419 $151,690 $25,260 $126,430
2021 $15,261 $141,370 $23,540 $117,830
2020 $14,196 $131,970 $21,970 $110,000
2019 $13,791 $131,970 $21,970 $110,000
2018 $11,537 $111,670 $18,590 $93,080
2017 $11,935 $111,670 $18,590 $93,080
2016 $11,869 $111,670 $18,590 $93,080
2015 $11,429 $111,670 $18,590 $93,080
2014 $11,274 $106,350 $17,700 $88,650
2013 $11,126 $106,350 $17,700 $88,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12024062

Midwest Real Estate Data (MRED)

APN: 92-21-17-158-002