NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: March 21, 2019

Last sale price $447,000 $0 Per Sq Ft

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

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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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Mar 20, 2019
Sold by
Rayyan Munther and Rayyan Nancy
Bought by
Seller's Agent
Sohail Salahuddin
eXp Realty
Buyer's Agent
Meg Dalal
Provident Realty, Inc.
List Price
$449,900
Sold Price
$447,000
Premium/Discount to List
-$2,900
-0.64%

Purchase Details

Closed on
Aug 5, 2017
Sold by
Rayyan Munther and Rayyan Nancy
Bought by
Rayyan Family Revocable Trust

Purchase Details

Closed on
Mar 15, 2016
Sold by
Ulyanov Vladimir and Ulyanov Stella
Bought by
Intrepid Rental Properties Llc

Purchase Details

Closed on
Nov 26, 2012
Sold by
Baig Nusreth Ullah
Bought by
Rayyan Munther and Rayyan Nancy

Purchase Details

Closed on
May 30, 2007
Sold by
Rudolfi Rose Marie
Bought by
Baig Nusreth Ullah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 26, 2002
Sold by
Rudolfi Emanuel and Rudolfi Rose Marie
Bought by
Department Of Transportation

Purchase Details

Closed on
Jun 14, 2001
Sold by
Lasalle Bank National Assn
Bought by
Rudolfi Emanuel and Rudolfi Rose Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 1998
Sold by
Joseph Josephine
Bought by
American National Bk & Tr Co Of Chicago and Trust #300947-00
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$447,000 Precision Title
Rayyan Family Revocable Trust -- None Available
Intrepid Rental Properties Llc $377,500 Attorney
Rayyan Munther $295,000 Chicago Title Insurance Comp
Baig Nusreth Ullah $450,000 Attorneys Title Guaranty Fun
Department Of Transportation $3,600 --
Rudolfi Emanuel $240,000 --
American National Bk & Tr Co Of Chicago -- --
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
Previous Owner $360,000
Previous Owner Rudolfi Emanuel $204,000
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
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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10298173

Midwest Real Estate Data (MRED)
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