NOT LISTED FOR SALE
10 Beds
6 Baths
-- Sq Ft
1922 Built

Sale Details

Date Sold: October 14, 2014

Last sale price $72,000

59 Days on Market

About This Home

As of October 2014

NOT A SHORT SALE OR FORECLOSURE BUT A TRUE SOLID MONEY MAKER. NEEDS A QUICK SALE SINCE SELLER IS RELOCATING. NICE BEDROOM SIZES, ORIGINAL WOODWORK. NICE HARDWOOD FLOORS. HURRY! THIS ONE WONT LAST. CLOSE TO TRANSPORTATION, SHOPPING. THIS PROPERTY IS BEING SOLD AS-IS/ (2) 2 CAR GARAGES FOR ADD'L INCOME

Last Agent to Sell the Property

Janine Houser

Right Choice Realty, Inc. License #471013845 Listed on: 08/02/2014

Last Buyer's Agent

Roy Hollis

Keller Williams ONEChicago License #475143976

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 50x125
  • Radiator

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,536
  • Fuel Expense $1,200
  • Insurance Expense $850
  • Maintenance Expense $1,000
  • Trash Expense $150
  • Water Sewer Expense $600
  • Operating Expense $5,400
  • Gross Income $5,000
  • Net Operating Income $49,757

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1922
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,No Sign on Property
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 10
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Radiators

Fee Information

  • Trash Expense: 150
  • Water Sewer Expenses: 600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50X125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 49757
  • Fuel Expense: 1200
  • Insurance Expense: 850
  • ElectricExpense: 1536
  • GrossIncome: 5000
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 5400
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8232
  • Tax Year: 2013
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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
10/14/2014 10/14/14 Sold $72,000 -28.0% --
09/30/2014 09/30/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $100,000 -- --
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 $4,220 $29,800 $5,580 $24,220
2024 $4,220 $29,800 $5,580 $24,220
2023 $4,114 $20,000 $7,750 $12,250
2022 $4,114 $20,000 $7,750 $12,250
2021 $4,022 $20,000 $7,750 $12,250
2020 $3,288 $14,761 $7,750 $7,011
2019 $4,097 $20,391 $7,750 $12,641
2018 $4,028 $20,391 $7,750 $12,641
2017 $5,838 $27,118 $6,820 $20,298
2016 $5,431 $27,118 $6,820 $20,298
2015 $4,969 $27,118 $6,820 $20,298
2014 $4,672 $27,748 $5,580 $22,168
2013 $4,568 $27,748 $5,580 $22,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08690991

Midwest Real Estate Data (MRED)
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