NOT LISTED FOR SALE

766 E 5th Ct Des Plaines, IL 60016

18 Beds
16 Baths
-- Sq Ft
1964 Built

Last Sold July 07, 2015

Last sale price $635,750

13 Days on Market

About This Home

As of July 2015

Best value in NW suburbs!!! Two brick California-style 8 units** Bldgs need extensive repair--water leaking into units due to improper installation of new porches ** Individually Tenant Heated ** Tremendous upside potential ** Plenty of parking including large "free" parking lot across the street ** Great rental area in residential neighborhood close to shopping & highways ** Cash offers Only ** Sold "As Is" **

Last Agent to Sell the Property

Richard Dawidiuk

REMAX Legends License #475134041 Listed on: 03/25/2015

REMAX Legends

Last Buyer's Agent

John Forsythe

Coldwell Banker Realty License #475147923

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $2,537
  • Insurance Expense $5,349

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1964

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 83023
  • Outdoor Parking: 13-18 Spaces, Paved, Private Lot
  • Roof Structure: Flat
  • Scavenger Expense: 2826
  • Total Annual Exp: 32897
  • Total Annual Income: 115920
  • Total Monthly Income: 9660
  • Leased Washer Dryer: Yes
  • Number of Ranges: 16
  • Number Of Refrigs: 16
  • Number Of Stories: 2
  • Estimated Year Built: 1964
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1964

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number Of Parking Spaces: 16

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Electric, Baseboard, Separate Per Unit
  • Water Expense: 7000

Condo/Co-op/Association

  • Units in Building: 16

Fee Information

  • Electricity Expense: 400

Lot Info

  • Lot Dimensions: 96 X 125
  • Lot Sq Ft: 12000
  • Parcel Identification Number: 09184030950000

Rental Info

  • Gross Rental Income: 115920
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Fuel Expense: 2537
  • Gross Rent Multiplier: 6
  • Insurance Expense: 5349

Tax Info

  • Taxes: 14785
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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
07/07/2015 07/07/15 Sold $635,750 -8.8% --
04/07/2015 04/07/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $697,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

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 $14,779 $86,172 $5,400 $80,772
2024 $14,779 $56,054 $8,400 $47,654
2023 $14,424 $56,054 $8,400 $47,654
2022 $14,424 $56,054 $8,400 $47,654
2021 $11,941 $38,847 $8,400 $30,447
2020 $11,739 $38,847 $8,400 $30,447
2019 $10,454 $38,847 $8,400 $30,447
2018 $9,506 $31,787 $4,200 $27,587
2017 $9,338 $31,787 $4,200 $27,587
2016 $8,833 $31,787 $4,200 $27,587
2015 $7,745 $25,618 $3,900 $21,718
2014 $7,581 $25,618 $3,900 $21,718
2013 $7,393 $25,618 $3,900 $21,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08871933

Midwest Real Estate Data (MRED)
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