NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
11,761 Sq Ft Lot

Last Sold March 21, 2019

Last sale price $447,000

6 Days on Market

About This Home

As of March 2019

Excellent 6 unit building in great location in Prospect Heights. Great rental income. Building has many updates throughout including newer roof, newer windows, updated bathrooms and appliances, new paint, newer hardwood floors in bedrooms, all new AC units, newer washer/dryer. The 6 units consist of 3 one bedroom and 3 two bedroom apartments. Great association that covers landscaping, snow removal, scavenger, etc. These buildings come on the market and sell fast, be ready as this one will go quickly!

Last Agent to Sell the Property

Sohail Salahuddin

eXp Realty License #471012075 Listed on: 03/05/2019

eXp Realty

Last Buyer's Agent

Meg Dalal

Provident Realty, Inc. License #475174139

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 0.27

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $4,000
  • Insurance Expense $1,500

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0.27 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2019
  • Net Oper Income: 37000
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1000
  • Total Annual Exp: 18500
  • Total Annual Income: 63000
  • Total Monthly Income: 5150
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1973
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1973

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.27

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Heatventilation: Central Heat/Indiv Controls, Gas, Hot Water
  • Water Expense: 4800

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 450

Lot Info

  • Lot Dimensions: 12,070
  • Parcel Identification Number: 03242000180000

Rental Info

  • Gross Rental Income: 61500
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2019
  • Fuel Expense: 4000
  • Insurance Expense: 1500
  • Other Expenses: 2400
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 12227
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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
03/21/2019 03/21/19 Sold $447,000 -0.6% --
03/11/2019 03/11/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $449,900 -- --
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 $13,923 $68,000 $12,070 $55,930
2024 $13,923 $40,289 $4,828 $35,461
2023 $13,070 $40,289 $4,828 $35,461
2022 $13,070 $40,289 $4,828 $35,461
2021 $12,776 $33,859 $3,017 $30,842
2020 $12,380 $33,859 $3,017 $30,842
2019 $13,098 $39,189 $3,017 $36,172
2018 $12,454 $33,433 $2,715 $30,718
2017 $12,228 $33,433 $2,715 $30,718
2016 $11,864 $33,433 $2,715 $30,718
2015 $10,029 $26,082 $2,414 $23,668
2014 $9,790 $26,082 $2,414 $23,668
2013 $9,141 $26,082 $2,414 $23,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10298173

Midwest Real Estate Data (MRED)
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