NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
1967 Built

Sale Details

Date Sold: March 10, 2023

Last sale price $475,000

13 Days on Market

Highlights

  • Baseboard Heating
  • Argo Community High School Rated A-
  • Heating System Uses Steam

About This Home

As of March 2023

Here's a rare opportunity to own a 4 unit building in desirable Bridgeview location. Two of the units were just remodeled. Updates include new kitchens with stainless steel appliances, new cabinets and quartz countertops. All new flooring. Bathrooms updated with modern tile design and vanities. New doors, trim and vinyl flooring. Freshly painted in neutral color. The entire building has all new windows and sliding patio doors. Currently, the two remodeled units are vacant. We will start advertising one of those units for rent at $1200/unit. But, prefer to keep them vacant for now so that potential buyers can view those units. This is a great opportunity to live in one unit and rent out the other three. Or, rent all four and keep for long term cash-flow. The two units that are not vacant are occupied by very long-term tenants. Their rent is way under market and can be quickly be raised. Additionally, the seller will assist with a rate buydown to make the building more affordable. Building shows very well. Listing agent has ownership interest.

Last Agent to Sell the Property

Mike Tassone

DNV Solutions LLC License #471020631 Listed on: 01/20/2023

Last Buyer's Agent

Melanie Roman

RE/MAX 1st Service License #475185365

RE/MAX 1st Service
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,735

Year Built

  • Built in 1967 | Remodeled in 2022

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Willow Springs Elementary School
  • Argo Community High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 60x124

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,735

Year Built

Built in 1967 | Remodeled in 2022

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 8
  • Number of Cars: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Baseboard
  • Water Source: Public

Schools

  • Elementary School: Willow Springs Elementary School
  • High School: Argo Community High School
  • Middle/Junior School: Willow Springs Elementary School

Lot Info

  • Lot Dimensions: 60X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 13734.61
  • Tax Year: 2021

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

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
Jan 20, 2023
Closed on
Mar 9, 2023
Sold by
Bought by
Seller's Agent
Mike Tassone
DNV Solutions LLC
Buyer's Agent
Melanie Roman
RE/MAX 1st Service
List Price
$489,900
Sold Price
$475,000
Premium/Discount to List
-$14,900
-3.04%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,563
Outstanding Balance
$330,609
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$475,000 None Listed On Document
$280,000 Chicago Title
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $345,563
Previous Owner $335,000
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
03/10/2023 03/10/23 Sold $475,000 -3.0% --
02/03/2023 02/03/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $489,900 -- --
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 $13,457 $39,000 $3,256 $35,744
2024 $13,457 $39,000 $3,256 $35,744
2023 $14,240 $39,000 $3,256 $35,744
2022 $14,240 $35,621 $2,894 $32,727
2021 $13,735 $35,621 $2,894 $32,727
2020 $13,299 $35,621 $2,894 $32,727
2019 $12,685 $30,781 $2,713 $28,068
2018 $12,123 $30,781 $2,713 $28,068
2017 $11,880 $30,781 $2,713 $28,068
2016 $10,452 $25,522 $2,351 $23,171
2015 $9,898 $25,522 $2,351 $23,171
2014 $9,569 $25,522 $2,351 $23,171
2013 $10,343 $30,337 $2,351 $27,986
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11704784

Midwest Real Estate Data (MRED)
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