NOT LISTED FOR SALE
11 Beds
6 Baths
4,320 Sq Ft
5,500 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $742,500 $172 Per Sq Ft

15 Days on Market

About This Home

As of November 2021

Solid investment opportunity in Belmont Heights! All brick construction 6-unit building with five large 2BR's and one 1BR unit. First floor units on ground level, no garden units. Newer roof, boiler, water heater and gangway. Energy efficient boiler with zero maintenance pumps and electronic relay box. Building includes laundry room, storage closets and five parking spaces. Units currently rented below market value. Close to public transportation.

Last Agent to Sell the Property

Kevin Carroccia

@properties Christie's International Real Estate License #471010320 Listed on: 10/05/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Robert Nowak

Chicagoland Brokers, Inc. License #471012296

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,931

Year Built

  • Built in 1969

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 44x125

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,320 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $343
  • Fuel Expense $3,451
  • Insurance Expense $2,922
  • Maintenance Expense $1,000
  • Trash Expense $883
  • Water Sewer Expense $2,434
  • Operating Expense $11,034
  • Gross Income $84,600
  • Net Operating Income $65,837

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,931

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1969
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 849000
  • Roof: Composition
  • Exterior Building Type: Brick
  • Misc Outside: Enclosed Stairs,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Utilities: Water-Municipal
  • Heat/Ventilation: Gas,Hot Water

Fee Information

  • Trash Expense: 883
  • Water Sewer Expenses: 2434
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 44X125
  • Lot Size Sq Ft: 5500
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 4320

Multi Family

  • Net Operating Income: 65837
  • Fuel Expense: 3451
  • Insurance Expense: 2922
  • ElectricExpense: 343
  • GrossIncome: 84600
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 11034
  • Expense Year: 2020
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 8930.68
  • Tax Year: 2020

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/22/2021 11/22/21 Sold $742,500 -12.5% $172 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $849,000 -- $197 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11238319

Midwest Real Estate Data (MRED)

APN: 12241090300000