NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: August 24, 2021

Last sale price $615,000

Highlights

  • First Floor Utility Room
  • Workshop
  • Forced Air Heating System
  • Willowbrook High School Rated A
  • 4 Car Detached Garage
  • Tandem Garage

About This Home

As of August 2021

Fantastic 4 unit building in excellent Lombard location offers an excellent opportunity for a long term money making investment. All apartments are 2 bedroom units and have separate HVAC systems. Tenants pay all utilities. Super clean property, 2 units have been recently updated. Coin laundry and additional rental income from 4 car tandem detached garage. Ample parking, 8 additional exterior spaces. Large full basement has storage and work room.

Last Agent to Sell the Property

Tom Fosnot

J.W. Reedy Realty License #475137941 Listed on: 08/10/2021

Last Buyer's Agent

Chris Czarnowski

Earned Run Real Estate Group License #475174914

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,756

Year Built

  • Built in 1957

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 72x169

Parking

  • 4 Car Detached Garage
  • Tandem Garage
  • Parking Space is Owned
  • Unassigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Workshop
  • First Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $407
  • Insurance Expense $1,340
  • Trash Expense $1,344
  • Gross Income $51,788
  • Net Operating Income $38,409

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,756

Year Built

Built in 1957

Lot Details

0.28 Acres

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1957
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,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: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Room Type: Utility Room-1st Floor, Workshop
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Unassigned
  • ParkingTotal: 12
  • Garage Details: Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 1344
  • Other Expenses $: 10286

Schools

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

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 72X169
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat,Water

Multi Family

  • Net Operating Income: 38409
  • Insurance Expense: 1340
  • ElectricExpense: 407
  • GrossIncome: 51788
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9756
  • Tax Year: 2019
  • Tax Exemptions: None

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Prior Sale
08/24/2021 08/24/21 Sold $615,000 +2.5% --
08/10/2021 08/10/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $599,900 +36.3% --
05/25/2016 05/25/16 Sold $440,000 +3.5% -- View Prior Sale
04/10/2016 04/10/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $425,000 -- --
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
2024 $12,775 $181,481 $41,126 $140,355
2023 $12,202 $167,820 $38,030 $129,790
2022 $10,937 $150,840 $20,890 $129,950
2021 $10,569 $147,090 $20,370 $126,720
2020 $10,353 $143,860 $19,920 $123,940
2019 $9,756 $136,780 $18,940 $117,840
2018 $9,681 $129,480 $17,930 $111,550
2017 $9,451 $123,390 $17,090 $106,300
2016 $9,339 $116,240 $16,100 $100,140
2015 $8,913 $108,290 $15,000 $93,290
2014 $7,840 $95,480 $25,520 $69,960
2013 $7,719 $96,830 $25,880 $70,950
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11185966

Midwest Real Estate Data (MRED)
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