NOT LISTED FOR SALE
7 Beds
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: January 8, 2021

Last sale price $475,000

5 Days on Market

Highlights

  • Patio
  • Outdoor Storage
  • Paved or Partially Paved Lot
  • Willowbrook High School Rated A

About This Home

As of January 2021

Well cared for 4 unit building in fantastic Lombard location walking distance to grade school, parks, and the Prairie path. 3 two bedroom units and 1 one bedroom all are in great shape. Building fully leased with a net yearly income of $31,032. Terrific money maker, easy to rent, ample parking.

Last Agent to Sell the Property

Tom Fosnot

J.W. Reedy Realty License #475137941 Listed on: 11/12/2020

Last Buyer's Agent

Frank La Gambina

Earned Run Real Estate Group License #475174893

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,899

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70x109x75x107
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Westmore Elementary School
  • Jackson Middle School
  • Willowbrook High School

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $1,571
  • Insurance Expense $1,250
  • Maintenance Expense $850
  • Professional Management Expense $600
  • Trash Expense $1,248
  • Water Sewer Expense $1,490
  • Gross Income $49,200
  • Net Operating Income $31,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,899

Year Built

Built in 1962

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 600
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • ExteriorFeatures: Patio
  • OtherStructures: Storage
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 1248
  • Water Sewer Expenses: 1490
  • Trash Expense Year: 2019

Schools

  • Elementary School: Westmore Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jackson Middle School

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 70X109X75X107
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 31032
  • Fuel Expense: 1571
  • Insurance Expense: 1250
  • ElectricExpense: 360
  • GrossIncome: 49200
  • Maintenance Expense: 850
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9899
  • Tax Year: 2019
  • Tax Exemptions: None

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
Nov 12, 2020
Closed on
Jan 29, 2021
Sold by
Czarnowski Christopher
Bought by
Seller's Agent
Tom Fosnot
J.W. Reedy Realty
Buyer's Agent
Frank La Gambina
Earned Run Real Estate Group
List Price
$469,900
Sold Price
$475,000
Premium/Discount to List
$5,100
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 8, 2021
Sold by
Sparks Charles R and Sparks Lisa A
Bought by
Czarnowski Christopher
Seller's Agent
Tom Fosnot
J.W. Reedy Realty
Buyer's Agent
Frank La Gambina
Earned Run Real Estate Group
List Price
$469,900
Sold Price
$475,000
Premium/Discount to List
$5,100
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2015
Closed on
Jun 25, 2015
Sold by
Gillespie Kara Kreznor
Bought by
Sparks Charles R and Sparks Lisa A
Seller's Agent
Liam O'Brien
Robert Anthony Real Estate Srv
Buyer's Agent
Pam Smith
G.M. Smith & Son Realtors
List Price
$270,000
Sold Price
$325,000
Premium/Discount to List
$55,000
20.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$240,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Ray Graham Foundation
Bought by
Kreznor William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Lombard, IL

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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
-- None Listed On Document
Czarnowski Christopher $475,000 Acquest Title Services Llc
Sparks Charles R $325,000 Heritage Title Company
Kreznor William R -- Chicago Title Insurance Co
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
Previous Owner $356,250
Previous Owner Sparks Charles R $160,000
Previous Owner Sparks Charles R $240,000
Previous Owner Kreznor William R $315,000
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
01/08/2021 01/08/21 Sold $475,000 +1.1% --
11/17/2020 11/17/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $469,900 -- --
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
2024 $12,240 $166,222 $27,111 $139,111
2023 $11,735 $153,710 $25,070 $128,640
2022 $11,050 $146,340 $20,440 $125,900
2021 $10,689 $142,700 $19,930 $122,770
2020 $10,482 $139,570 $19,490 $120,080
2019 $9,899 $132,700 $18,530 $114,170
2018 $9,848 $125,610 $17,540 $108,070
2017 $9,636 $119,690 $16,710 $102,980
2016 $9,552 $112,750 $15,740 $97,010
2015 $9,153 $105,040 $14,660 $90,380
2014 $7,862 $89,730 $27,410 $62,320
2013 $7,734 $91,000 $27,800 $63,200
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10932120

Midwest Real Estate Data (MRED)

APN: 06-08-405-009

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