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
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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

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

Closed on
Feb 15, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2014
Closed on
Oct 14, 2014
Sold by
Bought by
Seller's Agent
Janine Houser
Right Choice Realty, Inc.
Buyer's Agent
Roy Hollis
Keller Williams ONEChicago
List Price
$100,000
Sold Price
$72,000
Premium/Discount to List
-$28,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.23%
Mortgage Type
Commercial
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
-- None Listed On Document
-- None Listed On Document
$72,000 First American Title
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 $350,000
Previous Owner $117,000
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
10/14/2014 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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08690991

Midwest Real Estate Data (MRED)
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