Yaritza Velasquez
Pak Home Realty
(224) 479-1525
29 Total Sales
2 in River Forest
$143K - $168K Price Range
7770 Madison St River Forest, IL 60305
River Forest Area
11
Beds
6
Baths
--
Sq Ft
1961
Built
About This Home
As of October 2021ALL BRICK SIX UNIT APARTMENT BUILDING IN RIVER FOREST! THIS PROPERTY FEATURES FIVE LARGE 2 BEDROOM APARTMENTS AND ONE 1 BEDROOM APARTMENT. THERE IS A POTENTIAL OWNERS UNIT WHICH HAS BEEN RECENTLY UPDATED AND INCLUDES A FAMILY ROOM ADDITION WITH WOODBURNING FIREPLACE. THERE IS AN OPPORTUNITY HERE TO MAXIMIZE RENTS AND COUPLE THAT WITH A VERY REASONABLE EXPENSE STREAM. A HOT WATER BOILER (HONEYWELL) WITH AN EXTERIOR CONTROL PROVIDES HEAT AND TWO NEWER HOT WATER HEATERS SERVICE THE PROPERTY. THERE ARE SEVEN (7) ON SITE PARKING SPACES.
Last Agent to Sell the Property
Weichert, Realtors - All Pro License #471003303 Listed on: 08/02/2021
Last Buyer's Agent
John Warren
Second City Real Estate License #471020680
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,376
Year Built
- Built in 1961
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Utilities
- Hot Water Heating System
- Separate Meters
Additional Features
- 2-Story Property
- Lot Dimensions are 46 x 125
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $508
- Fuel Expense $4,380
- Insurance Expense $2,069
- Other Expense $1,000
- Trash Expense $1,279
- Water Sewer Expense $4,200
- Operating Expense $24,977
- Gross Income $67,860
- Net Operating Income $42,883
Home Values in the Area
Average Home Value in this Area
Agents Specializing in River Forest, IL
-
Yaritza Velasquez
-
Erica Cuneen
Erica Cuneen
Beyond Properties Realty Group
(630) 757-8294
307 Total Sales
20 in River Forest
$152K - $930K Price Range
-
Laura Catrambone-Gerace
Laura Catrambone-Gerace
Responds QuicklyColdwell Banker Stratford Place
(224) 507-7159
172 Total Sales
1 in River Forest
$825,000 Price
-
Cecille Plurad
Cecille Plurad
Coldwell Banker Realty
(877) 761-6689
180 Total Sales
1 in River Forest
$103,500 Price
-
Andrew Gagliardo
Andrew Gagliardo
Compass
(708) 905-8112
98 Total Sales
35 in River Forest
$189K - $2M Price Range
-
Chester Jakala
Chester Jakala
Telequest Corp.
(844) 480-0258
31 Total Sales
1 in River Forest
$914,000 Price
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 |
|---|---|---|---|
| $600,000 | Attorneys Ttl Guaranty Fund |
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 | $450,000 |
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 |
|---|---|---|---|---|
| 10/07/2021 10/07/21 | Sold | $600,000 | +1.7% | -- |
| 08/09/2021 08/09/21 | Pending | -- | -- | -- |
| 08/02/2021 08/02/21 | For Sale | $590,000 | -- | -- |
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 | $17,247 | $63,000 | $6,181 | $56,819 |
| 2024 | $17,247 | $63,000 | $6,181 | $56,819 |
| 2023 | $10,403 | $63,000 | $6,181 | $56,819 |
| 2022 | $10,403 | $32,215 | $5,319 | $26,896 |
| 2021 | $10,018 | $32,214 | $5,318 | $26,896 |
| 2020 | $9,789 | $32,214 | $5,318 | $26,896 |
| 2019 | $11,377 | $36,649 | $4,887 | $31,762 |
| 2018 | $12,486 | $42,487 | $4,887 | $37,600 |
| 2017 | $12,978 | $44,320 | $4,887 | $39,433 |
| 2016 | $10,982 | $34,139 | $4,025 | $30,114 |
| 2015 | $10,789 | $34,139 | $4,025 | $30,114 |
| 2014 | $11,322 | $39,111 | $4,025 | $35,086 |
| 2013 | $13,567 | $48,083 | $4,025 | $44,058 |
Source: Public Records
Agents Affiliated with this Home
-
George Ristau
Seller's Agent in 2021
George Ristau
Weichert, Realtors - All Pro
(708) 205-3868
172 Total Sales
-
JW
Buyer's Agent in 2021
John Warren
Second City Real Estate
-
SK
Buyer Co-Listing Agent in 2021
Sharon Knickerbocker
Second City Real Estate
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11176435
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.
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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