Yevhen Hurtovyi
Realta Real Estate
(773) 570-9695
233 Total Sales
1 in River Forest
$92,000 Price
7225 Division St River Forest, IL 60305
River Forest Area
10
Beds
10
Baths
8,000
Sq Ft
7,484
Sq Ft Lot
Highlights
- Laundry Room
- Willard Elementary School Rated A
- 2-minute walk to Priory Park
About This Home
As of December 2022AN INVESTORS DREAM BUILDING! FULLY OCCUPIED 10 UNIT CALIFORNIA STYLE APARTMENT BUILDING LOCATED IN DESIRABLE RIVER FOREST. BUILDING CONSISTS OF (10) 1 BEDROOM, 1 BATH UNITS, SIX INCOME PRODUCING PARKING SPACES (5 GARAGE AND 1 SURFACE). UNITS FEATURE A MIXTURE OF HARDWOOD AND TILE FLOORING, WHITE APPLIANCES AND NEWER KITCHEN CABINETS. ON SITE COIN OPERATED LAUNDRY AND STORAGE. TENANTS PAY HEAT, GAS AND ELECTRIC. PROPERTY IS PROFESSIONALLY MANAGED. BUILDING IS LOCATED STEPS TO DOMINICAN AND CONCORDIA UNIVERSITIES. CLOSE TO METRA, GREEN LINE AND BUS SERVICE. MANY PARKS, SHOPS AND RESTURANTS. PROPERTY PROVIDES AN INVESTOR WITH THE OPPORTUNITY TO RAISE RENTS OVERALL BY AN AVERAGE OF 5% IN ITS CURRENT CONDITION. WON'T LAST!
Last Agent to Sell the Property
Avenue 1 Realty Group License #471020729 Listed on: 08/12/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $31,870
Year Built
- Built in 1964
Lot Details
- 7,484 Sq Ft Lot
- Lot Dimensions are 61x123
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 8,000 Sq Ft Home
- 2-Story Property
- Laundry Room
- Unfinished Basement
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 10 Units
Building Details
- Electric Expense $717
- Fuel Expense $585
- Insurance Expense $4,200
- Maintenance Expense $3,700
- Manager Expense $6,655
- Other Expense $6,520
- Trash Expense $3,550
- Water Sewer Expense $3,547
- Operating Expense $61,344
- Gross Income $133,109
- Net Operating Income $71,765
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
Aug 12, 2022
Closed on
Dec 20, 2022
Sold by
Bought by
Seller's Agent
Ronald Ohr
Avenue 1 Realty Group
Buyer's Agent
Dean Pelafas
Ariston Realty Corporation
List Price
$1,250,000
Sold Price
$1,250,000
Views
75
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$296,853
Interest Rate
5.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2005
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
$425,000
Interest Rate
6.39%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2005
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
$936,500
Interest Rate
6.75%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in River Forest, IL
-
Yevhen Hurtovyi
-
Tiana Key
Tiana Key
Redhawk Realty IL
(708) 859-6233
76 Total Sales
1 in River Forest
$92,000 Price
-
Laurie Arslani
Laurie Arslani
eXp Realty
(630) 339-5210
87 Total Sales
1 in River Forest
$1,525,000 Price
-
Yaritza Velasquez
Yaritza Velasquez
Pak Home Realty
(224) 479-1525
28 Total Sales
2 in River Forest
$143K - $168K Price Range
-
Erica Cuneen
Erica Cuneen
Beyond Properties Realty Group
(630) 757-8294
312 Total Sales
20 in River Forest
$152K - $930K Price Range
-
Laura Catrambone-Gerace
Laura Catrambone-Gerace
Coldwell Banker Stratford Place
(224) 507-7159
173 Total Sales
1 in River Forest
$825,000 Price
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 |
|---|---|---|---|
| $1,250,000 | None Listed On Document | ||
| $825,000 | Atgf Inc | ||
| $737,500 | Git |
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 | $900,000 | ||
| Previous Owner | $425,000 | ||
| Closed | $936,500 |
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 |
|---|---|---|---|---|
| 12/22/2022 12/22/22 | Sold | $1,250,000 | 0.0% | $156 / Sq Ft |
| 08/17/2022 08/17/22 | Pending | -- | -- | -- |
| 08/12/2022 08/12/22 | For Sale | $1,250,000 | -- | $156 / 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 | $34,023 | $124,281 | $11,415 | $112,866 |
| 2024 | $34,023 | $124,281 | $11,415 | $112,866 |
| 2023 | $33,868 | $124,281 | $11,415 | $112,866 |
| 2022 | $33,868 | $104,882 | $18,713 | $86,169 |
| 2021 | $32,617 | $104,880 | $18,712 | $86,168 |
| 2020 | $31,870 | $104,880 | $18,712 | $86,168 |
| 2019 | $17,567 | $56,589 | $11,976 | $44,613 |
| 2018 | $16,631 | $56,589 | $11,976 | $44,613 |
| 2017 | $16,571 | $56,589 | $11,976 | $44,613 |
| 2016 | $20,545 | $63,864 | $11,601 | $52,263 |
| 2015 | $20,183 | $63,864 | $11,601 | $52,263 |
| 2014 | $18,487 | $63,864 | $11,601 | $52,263 |
| 2013 | $17,575 | $62,289 | $11,601 | $50,688 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Ohr
Seller's Agent in 2022
Ronald Ohr
Avenue 1 Realty Group
(312) 719-9090
139 Total Sales
-
Dean Pelafas
D
Buyer's Agent in 2022
Dean Pelafas
Ariston Realty Corporation
(708) 837-8969
9 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11490037
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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