NOT LISTED FOR SALE

7545 W Diversey Ave Elmwood Park, IL 60707

8 Beds
4 Baths
-- Sq Ft
-- Built

Last Sold October 14, 2022

Last sale price $603,000

10 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-minute walk to John Mills Park
  • Soaking Tub

About This Home

As of October 2022

WOW!!! Amazing Elmwood Park, legal 4 flat, on a huge Lot! TAKE A 3D TOUR, CLICK ON THE 3D BUTTON AND ENJOY**** Rarely available!! Top LOCATION! It's BOOMING! Walk to Everything! Across John Mills school!! Come and Cash flow right away! Nothing to do! Well kept! Features 4 units with 2 bedrooms, 1 bath, plus, a full unfinished basement!! Admire all the details throughout! Hardwood floors, newer mechanicals, roof, plumbing, some newer windows, drywall, electric, water heater and much more!! All done the right way! SEPARATE Utilities. EACH TENANT PAYS OWN! Plus a garage!! Awesome Location!! So much potential!! Check out Rental comps close by, you can get much more! Close to all-shopping, highway, Restaurants, Schools!!! Solid Structure! PERFECT Investment!! So much to say!! Can't beat it! Great deal!! Come and see this, you're going to LOVE it!!

Last Agent to Sell the Property

Gregorio Cirone

xr realty License #471003959 Listed on: 08/02/2022

Last Buyer's Agent

Oleg Baliuk

KOMAR License #475197921

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,956

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned
  • Unassigned Parking

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms
  • Soaking Tub

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 125x50

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $700
  • Fuel Expense $500
  • Insurance Expense $2,500
  • Maintenance Expense $500
  • Professional Management Expense $1,000
  • Water Sewer Expense $2,400
  • Gross Income $48,000
  • Net Operating Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 1000
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 6

Exterior Features

  • List Price: 599900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned
  • ParkingTotal: 5
  • Number of Cars: 7
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Fee Information

  • Water Sewer Expenses: 2400
  • Other Expenses $: 0

Schools

  • Middle/Junior School District: 401

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 125X50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • TenantPays: All

Multi Family

  • Net Operating Income: 28000
  • Fuel Expense: 500
  • Insurance Expense: 2500
  • ElectricExpense: 700
  • GrossIncome: 48000
  • Maintenance Expense: 500
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 13956.09
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $603,000 +0.5% --
08/13/2022 08/13/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $599,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11480679

Midwest Real Estate Data (MRED)