NOT LISTED FOR SALE

7740 S Harlem Ave Bridgeview, IL 60455

18 Beds
15 Baths
-- Sq Ft
0.33 Acres Lot

Sale Details

Date Sold: June 11, 2019

Last sale price $995,000

28 Days on Market

About This Home

As of June 2019

12-unit apartment building located along Harlem Avenue in Bridgeview. The interior of the building was recently renovated in 2017. With 11 of 12 units currently leased, extremely well located across from Bridgeview Court, one of Bridgeview's prominent shopping centers, and within walking distance to numerous restaurants and retailers including K-Mart, Aldi, Starbucks, Panera Bread Company, Wendy's, Dunkin Donuts, Burger King, and McDonalds, among others. Additionally, the property features convenient accessibility with Pace bus stops in front of the building and Interstate 294 approximately two (2) miles away.

Last Agent to Sell the Property

Jesse Singh

RE/MAX SAWA License #475117365 Listed on: 02/16/2019

Last Buyer's Agent

Eric Sadowski

arhome realty License #475128225

arhome realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,246

Year Built

  • Built in 1970

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 60 x 125

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 15 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $6,885
  • Maintenance Expense $600
  • Other Expense $420
  • Trash Expense $1,080
  • Water Sewer Expense $5,100
  • Operating Expense $23,931
  • Gross Income $130,872
  • Net Operating Income $106,941

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,246

Year Built

Built in 1970

Lot Details

0.33 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: 48-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: 15
  • Total Bedrooms: 18
  • Fireplaces: 2
  • Refrigerators: 12
  • Ranges: 12
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Other
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1080
  • Water Sewer Expenses: 5100

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.33
  • Lot Dimensions: 60 X 125
  • Zoning: MULTI
  • Alternate Phone Number: (847) 606-3664

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 2

Multi Family

  • Net Operating Income: 106941
  • Insurance Expense: 6885
  • ElectricExpense: 600
  • GrossIncome: 130872
  • Maintenance Expense: 600
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 23931
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 9246
  • Tax Year: 2017
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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
06/11/2019 06/11/19 Sold $995,000 0.0% --
03/16/2019 03/16/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $995,000 -- --
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 $25,698 $74,474 $6,702 $67,772
2024 $25,698 $74,474 $6,702 $67,772
2023 $28,078 $74,474 $6,702 $67,772
2022 $28,078 $70,238 $14,893 $55,345
2021 $27,082 $70,237 $14,893 $55,344
2020 $26,222 $70,237 $14,893 $55,344
2019 $28,522 $69,208 $12,286 $56,922
2018 $21,877 $55,547 $12,286 $43,261
2017 $9,246 $23,956 $12,286 $11,670
2016 $6,518 $15,916 $10,797 $5,119
2015 $6,172 $15,916 $10,797 $5,119
2014 $23,243 $61,994 $10,797 $51,197
2013 $19,717 $57,832 $10,797 $47,035
Source: Public Records

Agents Affiliated with this Home

  • Jesse Singh

    Seller's Agent in 2019

    Jesse Singh

    RE/MAX SAWA

    (847) 606-3664

    141 Total Sales

    Jesse Singh
    Section Image
  • Eric Sadowski

    Buyer's Agent in 2019

    Eric Sadowski

    arhome realty

    (708) 945-4585

    68 Total Sales

    Eric Sadowski
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10274437

Midwest Real Estate Data (MRED)
Illinois Cook County Bridgeview 60455

7740 S Harlem Ave, Bridgeview, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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