NOT LISTED FOR SALE
27 Beds
18 Baths
850 Sq Ft
1928 Built

Sale Details

Date Sold: June 10, 2021

Last sale price $320,000 $376 Per Sq Ft

124 Days on Market

About This Home

As of June 2021

Looking for a great investment? Look no more. This turnkey 6 Unit Building is just the deal you've been waiting for. It features 3 - 2 bedroom units. And 3 - 1 bedroom units. Does have violations on it which the document is attached. Each unit is spacious and has hardwood floors throughout, mildly updated kitchen and bathrooms. Property is being sold AS-IS. Currently, two of the 1 bedroom units are vacant. This property will not last long. Schedule your private showing today!

Last Agent to Sell the Property

Elijah Reese

Serene Realty, Inc. License #471019825 Listed on: 10/21/2020

Last Buyer's Agent

Matt Reilly

Fathom Realty IL License #475182859

Fathom Realty IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1928

Home Design

  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 18 Bathrooms

Utilities

  • No Cooling
  • Radiator
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $5,909
  • Fuel Expense $5,909
  • Insurance Expense $8,640
  • Trash Expense $3,334
  • Water Sewer Expense $5,909
  • Gross Income $56,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,895

Year Built

Built in 1928

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1928
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 18
  • Total Bedrooms: 27
  • Basement Description: Unfinished
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Concrete

Garage/Parking

  • Indoor Parking: Detached

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Radiators,Radiant

Fee Information

  • Trash Expense: 3334
  • Water Sewer Expenses: 5909

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 5400
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • Fuel Expense: 5909
  • Insurance Expense: 8640
  • ElectricExpense: 5909
  • GrossIncome: 56880
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 3895.47
  • Tax Year: 2019
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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
06/10/2021 06/10/21 Sold $320,000 -19.0% $376 / Sq Ft
02/23/2021 02/23/21 For Sale -- -- --
02/22/2021 02/22/21 Pending -- -- --
11/20/2020 11/20/20 Price Changed $395,000 -12.2% $465 / Sq Ft
10/21/2020 10/21/20 For Sale $450,000 0.0% $529 / Sq Ft
12/30/2015 12/30/15 Rented $750 0.0% --
12/15/2015 12/15/15 Under Contract -- -- --
11/17/2015 11/17/15 For Rent $750 -- --
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 $4,870 $52,300 $4,050 $48,250
2024 $4,870 $52,300 $4,050 $48,250
2023 $4,731 $23,000 $6,750 $16,250
2022 $4,731 $23,000 $6,750 $16,250
2021 $4,625 $23,000 $6,750 $16,250
2020 $3,801 $17,062 $4,860 $12,202
2019 $3,895 $19,389 $4,860 $14,529
2018 $3,830 $19,389 $4,860 $14,529
2017 $6,269 $29,123 $4,320 $24,803
2016 $5,833 $29,123 $4,320 $24,803
2015 $5,337 $29,123 $4,320 $24,803
2014 $5,085 $27,405 $3,780 $23,625
2013 $4,984 $27,405 $3,780 $23,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10912746

Midwest Real Estate Data (MRED)
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