NOT LISTED FOR SALE

7700 S Harlem Ave Bridgeview, IL 60455

12 Beds
10 Baths
-- Sq Ft
1975 Built

Last Sold February 24, 2022

Last sale price $840,000

67 Days on Market

About This Home

As of February 2022

IMMEDIATE CASH FLOW ON THIS CORNER 10 UNIT. 8-1BR & 2-2BR. ALL UNITS LARGE. RENTS SHOULD BE HIGHER.ROOF TEAR OFF 2018, WINDOWS 2006, NEW SLIDING GLASS DOORS,BOILER 2008, HWT 2018. 17 PARKING SPACES. ALL HAVE PRIVATE BALCONIES. CLOSE TO SHOPPING-TRANSPORTATION.

Last Agent to Sell the Property

James Stillo

Skydan Real Estate Sales, LLC License #471015510 Listed on: 10/14/2021

Last Buyer's Agent

Ronald Ohr

Avenue 1 Realty Group License #471020729

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,842

Year Built

  • Built in 1975

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Additional Features

  • 2-Story Property
  • Lot Dimensions are 61x245

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $780
  • Fuel Expense $5,599
  • Insurance Expense $5,068
  • Trash Expense $3,390
  • Water Sewer Expense $3,753
  • Operating Expense $39,432
  • Gross Income $113,700
  • Net Operating Income $74,268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,842

Year Built

Built in 1975

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1975
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 10
  • Total Bedrooms: 12
  • Refrigerators: 10
  • Ranges: 10
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Central Bldg Heat
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 3390
  • Water Sewer Expenses: 3753

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 61X245
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 74268
  • Fuel Expense: 5599
  • Insurance Expense: 5068
  • ElectricExpense: 780
  • GrossIncome: 113700
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 39432
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 20842
  • Tax Year: 2020
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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
02/24/2022 02/24/22 Sold $840,000 -6.1% --
12/21/2021 12/21/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $895,000 -- --
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 $26,311 $76,251 $6,647 $69,604
2024 $26,311 $76,251 $6,647 $69,604
2023 $22,317 $76,251 $6,647 $69,604
2022 $22,317 $55,828 $14,770 $41,058
2021 $21,526 $55,827 $14,770 $41,057
2020 $20,842 $55,827 $14,770 $41,057
2019 $15,228 $36,951 $12,185 $24,766
2018 $14,553 $36,951 $12,185 $24,766
2017 $14,261 $36,951 $12,185 $24,766
2016 $14,618 $35,696 $10,708 $24,988
2015 $13,843 $35,696 $10,708 $24,988
2014 $13,383 $35,696 $10,708 $24,988
2013 $10,754 $31,542 $10,708 $20,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11246493

Midwest Real Estate Data (MRED)
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