NOT LISTED FOR SALE

7183 Barry St Rosemont, IL 60018

11 Beds
6 Baths
-- Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: April 6, 2021

Last sale price $645,000 $0 Per Sq Ft

173 Days on Market

About This Home

As of April 2021

Great Location - 6 unit Building in very good condition. 5 units with 2 Bedroom and 1 Unit with 1 Bedroom. Large Parking lot with 9 assigned Parking spaces, including additional parking . Good Rental income, that has the potential to be great. Also, additional income from Coin-op laundry. Garbage pick up and the snow plowing is paid in the real estate tax bill, that is done by the Village of Rosemont. This property features/ 5 units - 2 BR/ 1 BTH and 1 unit - 1 BR/ 1 BTH. Each unit complete with LR and Eat-in kitchen. Five of the Tenants are MTM, including one that has a lease until November 2020. Tenant occupied, 24 to 48 hour notice required. This is a beautiful building and a great opportunity! Mortgage Approval Letter or Proof of Funds required for seeing the units.

Last Agent to Sell the Property

Joseph Mullane

Shout Out Realty License #471021516 Listed on: 09/24/2020

Shout Out Realty

Last Buyer's Agent

Lisa Principato

Ryan Realty License #475122570

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 7,841

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $2,725
  • Insurance Expense $2,000

Listing and Financial Details

  • Tenant pays for electric
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 45662
  • Repairs Decor Expense: 1260
  • Scavenger Expense: 560
  • Total Annual Exp: 25737
  • Total Annual Income: 71400
  • Total Monthly Income: 5660
  • Number Of Stories: 2
  • Estimated Year Built: 1969
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1969

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.18
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 9

Utilities

  • Heatventilation: Hot Water
  • Water Expense: 1620

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 497
  • Janitor Expense: 2070

Lot Info

  • Lot Dimensions: 7,884
  • Parcel Identification Number: 09322000620000

Rental Info

  • Gross Rental Income: 67920
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 2725
  • Gross Rent Multiplier: 10
  • Insurance Expense: 2000

Tax Info

  • Taxes: 18327
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
04/06/2021 04/06/21 Sold $645,000 -2.7% --
03/16/2021 03/16/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $663,000 +2.8% --
02/10/2021 02/10/21 Off Market $645,000 -- --
01/30/2021 01/30/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $663,000 0.0% --
01/18/2021 01/18/21 Price Changed $663,000 -0.7% --
12/30/2020 12/30/20 Pending -- -- --
10/21/2020 10/21/20 Price Changed $668,000 -1.6% --
09/24/2020 09/24/20 For Sale $679,000 -- --
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 $20,936 $75,000 $5,913 $69,087
2024 $20,936 $62,000 $5,125 $56,875
2023 $20,951 $62,000 $5,125 $56,875
2022 $20,951 $62,000 $5,125 $56,875
2021 $19,763 $49,346 $6,701 $42,645
2020 $19,644 $49,346 $6,701 $42,645
2019 $19,112 $56,720 $6,701 $50,019
2018 $18,328 $45,144 $5,913 $39,231
2017 $18,123 $45,144 $5,913 $39,231
2016 $16,959 $45,144 $5,913 $39,231
2015 $16,273 $39,183 $5,124 $34,059
2014 $15,612 $39,183 $5,124 $34,059
2013 $16,569 $39,183 $5,124 $34,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10881248

Midwest Real Estate Data (MRED)
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