NOT LISTED FOR SALE

7121 W 110th St Worth, IL 60482

Worth Area
8 Beds
6 Baths
4,972 Sq Ft
10,500 Sq Ft Lot

Sale Details

Date Sold: January 12, 2018

Last sale price $510,000 $103 Per Sq Ft

8 Days on Market

About This Home

As of January 2018

Great investment opportunity for this very well maintained 6 unit brick building with private backyard and parking. Some of the updates include, new roof, fascia, gutters and windows! New tuck-pointing just completed in 2016! Each unit has new cabinets, baseboards, 6 panel doors, bathtubs, tile, carpet, laminate flooring, lighting and more! Newer A/C units and appliances! All new plumbing and electrical has been completed! Hallways with newer carpet & tile! Washer & Dryer is owned by landlord! Private parking for 5 units and also front street allowed. Each unit includes, stove, refrigerator and above range microwave. 3 units also include a dishwasher. Great location near Metra which allows for quick lease renewals during vacancies. 5 units are leased and 1 (2) bedroom available now for lease or possible for new owner occupied. This is a great building with too many updates to list here.

Last Agent to Sell the Property

Deborah Kantor

Baird & Warner Real Estate License #475128320 Listed on: 10/23/2017

Baird & Warner Real Estate

Last Buyer's Agent

Molly Mann

@properties Christie's International Real Estate License #475163820

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,351

Year Built

  • Built in 1963

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 146x149x209

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,972 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry
  • Fire Suppression System

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, varies by tenant

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $650
  • Fuel Expense $2,600
  • Insurance Expense $1,800
  • Trash Expense $1,180
  • Water Sewer Expense $1,550
  • Operating Expense $19,885
  • Gross Income $61,800
  • Net Operating Income $42,115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,351

Year Built

Built in 1963

Lot Details

10,500 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Possible Use: Multi-Family
  • Fire Protection: Fire Extinguisher/s
  • Fireplaces: 1
  • Dishwashers: 3
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Frontage Type: City Street
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces,Paved

Utilities

  • Cooling: Wall Sleeve
  • Utilities: Sanitary Sewer, Water-Municipal, Water to Site
  • Heat/Ventilation: Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1180
  • Water Sewer Expenses: 1550

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 146X149X209
  • Lot Size Sq Ft: 10500
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Other, Varies by Tenant
  • Board Number: 17

Building Info

  • BuildingAreaTotal: 4972

Multi Family

  • Net Operating Income: 42115
  • Fuel Expense: 2600
  • Insurance Expense: 1800
  • ElectricExpense: 650
  • GrossIncome: 61800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 19885
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 13351
  • Tax Year: 2015

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
Oct 23, 2017
Closed on
Jan 12, 2018
Sold by
Bought by
Seller's Agent
Deborah Kantor
Baird & Warner Real Estate
Buyer's Agent
Molly Mann
@properties Christie's International Real Estate
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
0.0425%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2006
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
$420,000
Interest Rate
0.067%
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
$510,000 Attorneys Title Guaranty Fun
$420,000 Atg
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
Closed $382,500
Previous Owner $420,000
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
01/12/2018 01/12/18 Sold $510,000 -2.9% $103 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $525,000 -- $106 / Sq Ft
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 $21,124 $59,001 $6,038 $52,963
2024 $21,124 $59,001 $6,038 $52,963
2023 $17,254 $59,001 $6,038 $52,963
2022 $17,254 $40,899 $5,250 $35,649
2021 $16,601 $40,899 $5,250 $35,649
2020 $17,658 $44,502 $5,250 $39,252
2019 $13,460 $32,071 $4,725 $27,346
2018 $15,566 $37,242 $4,725 $32,517
2017 $16,443 $39,361 $4,725 $34,636
2016 $13,599 $30,388 $3,937 $26,451
2015 $13,351 $30,388 $3,937 $26,451
2014 $13,087 $30,388 $3,937 $26,451
2013 $13,141 $33,868 $3,937 $29,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09783774

Midwest Real Estate Data (MRED)
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