R
Seller's Agent in 2021
Richard Dawidiuk
REMAX Legends
(773) 726-8400
1 in this area
26 Total Sales
739 E South Broadway Ave Lombard, IL 60148
North Lombard NeighborhoodEstimated Value: $1,435,357 - $1,455,000
17
Beds
9
Baths
6,044
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- 0.44 Acre Lot
- Laundry Room
- Baseboard Heating
- Willowbrook High School Rated A
- Central Heating
About This Home
As of July 2021Pride of Ownership !!! Meticulously Maintained !!! Attractive 9-unit building on oversized corner lot with 2-car garage ** Tremendous upside potential to increase income $17,000 ** Long-time owner (50 years) lived in building for 18 years ** Quality construction - all brick, hardwood floors & birch trim ** 8-2 BR's & 1-1 BR ** 3 units have in-unit laundry ** Complete new roof (2015) ** All new quality windows ** Tree-lined private patio ** Parking for 16 cars, plus 2 (garage) ** Outstanding location across from prairie path ** Walk to 3 beautiful parks, including water park ** Minutes to I-355 ** Turnkey operation with low expenses!!!
Last Agent to Sell the Property
REMAX Legends License #475134041 Listed on: 06/08/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,105
Year Built
- Built in 1962
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 157x117x152x121
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 6,044 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 17 Bedrooms
- 9 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 9 Units
Building Details
- Electric Expense $219
- Fuel Expense $1,833
- Insurance Expense $3,187
- Trash Expense $938
- Water Sewer Expense $2,834
- Operating Expense $26,116
- Gross Income $111,600
- Net Operating Income $86,924
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2021
Closed on
Jun 28, 2021
Sold by
Kosartes Geraldine B and Kosartes Geraldine B
Bought by
739 South Broadway Llc
Seller's Agent
Richard Dawidiuk
REMAX Legends
Buyer's Agent
Jason Ricke
Ricke Realty LLC
List Price
$1,175,500
Sold Price
$1,200,000
Premium/Discount to List
$24,500
2.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,179
Avg. Annual Appreciation
4.41%
Original Mortgage
$700,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 21, 2011
Sold by
West Suburban Bank
Bought by
Kosartes Theodore H and Kosartes Geraldine B
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 739 South Broadway Llc | $1,200,000 | First American Title | |
| Kosartes Theodore H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 739 South Broadway Llc | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2021 07/09/21 | Sold | $1,200,000 | +2.1% | $199 / Sq Ft |
| 06/12/2021 06/12/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | For Sale | $1,175,500 | -- | $194 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| 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 | $22,695 | $308,199 | $114,920 | $193,279 |
| 2023 | $21,759 | $285,000 | $106,270 | $178,730 |
| 2022 | $18,033 | $238,810 | $106,270 | $132,540 |
| 2021 | $17,444 | $232,870 | $103,630 | $129,240 |
| 2020 | $17,105 | $227,770 | $101,360 | $126,410 |
| 2019 | $16,154 | $216,550 | $96,370 | $120,180 |
| 2018 | $16,071 | $204,980 | $91,220 | $113,760 |
| 2017 | $16,379 | $203,440 | $86,930 | $116,510 |
| 2016 | $16,236 | $191,650 | $81,890 | $109,760 |
| 2015 | $20,234 | $232,210 | $76,290 | $155,920 |
| 2014 | $19,193 | $219,060 | $71,970 | $147,090 |
| 2013 | $18,879 | $222,140 | $72,980 | $149,160 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Dawidiuk
-
Jason Ricke
J
Buyer's Agent in 2021
Jason Ricke
Ricke Realty LLC
(630) 308-8255
2 in this area
36 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11118327
APN: 06-08-406-001
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