Seller's Agent in 2014
Ron Ewing
RE/MAX
(847) 697-9404
1 in this area
78 Total Sales
753 Strom Dr West Dundee, IL 60118
22
Beds
12
Baths
11,520
Sq Ft
9,583
Sq Ft Lot
About This Home
As of September 2014Well maintained twelve unit building. Owner has owned this building for almost 25 years and is ready for you to take over. Ten 2 Bedroom units an two 1 bedroom units. Roof was recoated in 2013. New Hot Water tank in 2012. Tenants pay heat. Parking lot has 22 parking places and has been recently resealed and striped. Great investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,836
Year Built
- Built in 1970
Lot Details
- 9,800 Sq Ft Lot
- Lot Dimensions are 140 x 70
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Tar and Gravel Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 11,520 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 22 Bedrooms
- 12 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,092
- Fuel Expense $2,064
- Insurance Expense $6,840
- Maintenance Expense $5,866
- Trash Expense $1,980
- Water Sewer Expense $3,828
- Operating Expense $38,640
- Gross Income $115,500
- Net Operating Income $80,538
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 27, 2024
Sold by
R & R Luxury Realty Llc
Bought by
Rr Westdundee Apartments Llc
Purchase Details
Listed on
Sep 2, 2013
Closed on
Sep 16, 2014
Sold by
Sunderlage Louvel F and Sunderlage Judith
Bought by
R&R Luxury Realty Llc
Seller's Agent
Ron Ewing
RE/MAX Horizon
Buyer's Agent
Manjunath Ramanna
Manjunath Ramanna
List Price
$949,000
Sold Price
$842,500
Premium/Discount to List
-$106,500
-11.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.21%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rr Westdundee Apartments Llc | -- | None Listed On Document | |
| R&R Luxury Realty Llc | $842,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | R&R Luxury Realty Llc | $630,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2014 09/16/14 | Sold | $842,500 | -11.2% | $73 / Sq Ft |
| 07/22/2014 07/22/14 | Pending | -- | -- | -- |
| 09/02/2013 09/02/13 | For Sale | $949,000 | -- | $82 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $25,678 | $315,022 | $40,673 | $274,349 |
| 2023 | $24,256 | $283,446 | $36,596 | $246,850 |
| 2022 | $24,426 | $277,254 | $36,596 | $240,658 |
| 2021 | $23,655 | $261,783 | $34,554 | $227,229 |
| 2020 | $23,251 | $255,897 | $33,777 | $222,120 |
| 2019 | $22,582 | $242,925 | $32,065 | $210,860 |
| 2018 | $29,113 | $305,254 | $97,606 | $207,648 |
| 2017 | $27,857 | $285,551 | $91,306 | $194,245 |
| 2016 | $28,463 | $276,482 | $88,406 | $188,076 |
| 2015 | -- | $259,072 | $82,839 | $176,233 |
| 2014 | -- | $219,058 | $80,551 | $138,507 |
| 2013 | -- | $225,764 | $83,017 | $142,747 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Ewing
-
Manjunath Ramanna
Buyer's Agent in 2014
Manjunath Ramanna
Manjunath Ramanna
(847) 452-6594
2 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 08434647
APN: 03-27-279-002
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Based on information submitted to the MLS GRID
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