NOT LISTED FOR SALE

7535 Kenneth Ave Skokie, IL 60076

Southeast Skokie Neighborhood
5 Beds
3 Baths
-- Sq Ft
-- Built

Last Sold September 24, 2020

Last sale price $460,000

17 Days on Market

Highlights

  • Property is near a park
  • Sitting Room
  • Enclosed patio or porch
  • East Prairie Elementary School Rated A
  • 2 Car Detached Garage
  • 3-minute walk to Lyon Park

About This Home

As of September 2020

INCREDIBLE/RARE OPPORTUNITY TO OWN THIS IMPECCABLY MAINTAINED AND RENOVATED ALL BRICK MULTI-UNIT BUILDING ON WIDE LOT ON A BEAUTIFUL TREE LINED STREET IN COVETED EAST PRAIRIE/NILES NORTH SCHOOL DISTRICTS WALKING DISTANCE FROM PARKS AND MINUTES FROM RETAIL, RESTAURANTS & EXPRESSWAY PERFECT FOR OWNER OCCUPANT W/RENTAL INCOME OR THE ARMCHAIR INVESTOR LOOKING FOR A STABILIZED PROPERTY FEATURING OVERSIZED 1200SQFT+ 1ST & 2ND FLOOR 2BED+OFFICE / 1 BATH UNITS WITH 22' WIDE LIVING AREAS, SEPARATE DINING ROOMS, LARGE BEDROOMS, TALL CEILINGS AND TERRIFIC NATURAL LIGHT; LARGE WHITE/OAK EAT-IN KITCHENS; UPDATED BATHS; INDEPENDENT CENTRAL HEAT/AIR IN EACH UNIT; LOWER LEVEL W/NEWLY RESTORED 1BED/1BATH VANILLA BOX W/TALL CEILINGS AND TWO POINTS OF EGRESS + LAUNDRY ROOM W/COIN-OP SIDE X SIDE W/D & UTILITY SINK + 2 PRIVATE STORAGE CLOSETS; GOOD SIZE BACKYARD AND 2-CAR GARAGE; REPAIRS/UPDATES INCL TUCKPOINTING/LOWER LVL/WATER HEATER (2019), NEW ROOF/FLASHING/LINTELS/SIDEWALK/RAILINGS/APPLIANCES/PLUMBING/PAINTING/COMMON AREAS (2017-18).

Last Agent to Sell the Property

Mario Greco

Compass License #475105845 Listed on: 07/20/2020

Compass

Co-Listed By

Cyrus Seraj

Compass License #471003244

Last Buyer's Agent

Mario Greco

Compass License #475105845 Listed on: 07/20/2020

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,973

Year Renovated

  • 2019

Lot Details

  • Lot Dimensions are 30x124
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Sitting Room
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Schools

  • East Prairie Elementary School
  • East Prairie Middle School
  • Niles North High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • Property is near a park

Community Details

Building Details

  • Electric Expense $1,020
  • Insurance Expense $2,300
  • Water Sewer Expense $1,100
  • Gross Income $49,380
  • Net Operating Income $32,593

Additional Features

  • 3 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,973

Year Renovated

2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 91-100 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): Yes
  • Rehab Year: 2019
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Room Type: Enclosed Porch, Sitting Room
  • Basement Description: Finished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 499500
  • Lot Features: Common Grounds
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1100

Schools

  • Elementary School: East Prairie Elementary School
  • High School: Niles North High School
  • Middle/Junior School: East Prairie Middle School
  • Middle/Junior School District: 73

Lot Info

  • Lot Dimensions: 30X124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 32593
  • Insurance Expense: 2300
  • ElectricExpense: 1020
  • GrossIncome: 49380
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 11973.08
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $460,000 -7.9% --
08/06/2020 08/06/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $499,500 +28.7% --
01/30/2017 01/30/17 Sold $388,000 -9.6% --
12/20/2016 12/20/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $429,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mario Greco

    Seller's Agent in 2020

    Mario Greco

    Compass

    (773) 255-6562

    2 in this area

    1,115 Total Sales

    Mario Greco
    Section Image
  • Cyrus Seraj

    Seller Co-Listing Agent in 2020

    Cyrus Seraj

    Compass

    (773) 495-3303

    2 in this area

    129 Total Sales

    Cyrus Seraj
    Section Image

  • S

    Seller's Agent in 2017

    Shawn Lersch

    @properties

  • Kimberly Adams

    Buyer's Agent in 2017

    Kimberly Adams

    Seven Three One Realty LLC

    (773) 414-2724

    74 Total Sales

    Kimberly Adams
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10787636

Midwest Real Estate Data (MRED)

Illinois Cook County Skokie 60076 Southeast Skokie

7535 Kenneth Ave, Skokie, IL

This home is located at 7535 Kenneth Ave, Skokie, IL 60076 since 20 July 2020. 7535 Kenneth Ave is a home located in Cook County with nearby schools including East Prairie Elementary School, Niles North High School, and Cheder Lubavitch Hebrew Day School.

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