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

Sale Details

Date 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

5,500 Sq Ft Lot

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
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • 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

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
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 8930.68
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 12, 2021
Sold by
Bought by
Seller's Agent
Kevin Carroccia
@properties Christie's International Real Estate
Buyer's Agent
Robert Nowak
Chicagoland Brokers, Inc.
List Price
$849,000
Sold Price
$742,500
Premium/Discount to List
-$106,500
-12.54%

Purchase Details

Closed on
Aug 27, 2009
Sold by
Bought by
Source: Public Records
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$742,500 First American Title
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,557 $65,000 $13,750 $51,250
2024 $10,557 $65,000 $13,750 $51,250
2023 $10,291 $50,000 $11,000 $39,000
2022 $10,291 $50,000 $11,000 $39,000
2021 $10,062 $50,005 $11,005 $39,000
2020 $8,564 $38,423 $6,875 $31,548
2019 $8,878 $44,165 $6,875 $37,290
2018 $8,729 $44,165 $6,875 $37,290
2017 $9,615 $44,638 $6,050 $38,588
2016 $8,945 $44,638 $6,050 $38,588
2015 $8,185 $44,638 $6,050 $38,588
2014 $7,454 $40,146 $5,500 $34,646
2013 $7,307 $40,146 $5,500 $34,646
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

Your Personal Tour Guide

Ask me questions while you tour the home.