NOT LISTED FOR SALE

791 Piper Ln Prospect Heights, IL 60070

Forest River Neighborhood
9 Beds
6 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 15, 2016

Last sale price $377,500

136 Days on Market

About This Home

As of March 2016

Newly repaired brick building in good condition. Newly repaired roof and gutters. All six units are rented. Good source of extra income. Conveniently located close to everything: shops, schools, churches, public transportation, etc..

Last Agent to Sell the Property

Vladimir Ulyanov

Barr Agency, Inc License #475141528 Listed on: 09/20/2015

Last Buyer's Agent

Sappan Bhatt

Provident Realty, Inc. License #475122980

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 4,792

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Community Details

  • Fuel Expense $1,200
  • Insurance Expense $3,000

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2014
  • Net Oper Income: 43000
  • Outdoor Parking: 6-12 Spaces, Assigned Spaces, Lighted, Paved, Secured
  • Owners Assoc: Yes
  • Repairs Decor Expense: 2000
  • Roof Coverings: Membrane, Reflective Coating, Rubber
  • Roof Structure: Flat
  • Total Annual Exp: 9200
  • Total Annual Income: 55200
  • Total Monthly Income: 4600
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 12
  • 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

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.11
  • Construction: Brick, Wood Frame
  • Frontage Access: Public Road

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve, Window Unit/s
  • Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Central Heat/Indiv Controls
  • Water Expense: 5000

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access

Fee Information

  • Electricity Expense: 360
  • Electrical Service: Circuit Breakers, 0-100 Amps
  • Janitor Expense: 720

Lot Info

  • Lot Dimensions: 55X85
  • Lot Sq Ft: 4900
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Sidewalks, Cable Ready
  • Parcel Identification Number: 03242001080000

Rental Info

  • Gross Rental Income: 55200
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 1200
  • Insurance Expense: 3000
  • Other Expenses: 2400
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 9645.92
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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
03/15/2016 03/15/16 Sold $377,500 -13.4% --
02/03/2016 02/03/16 Pending -- -- --
09/20/2015 09/20/15 For Sale $435,900 -- --
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 $66,000 $4,900 $61,100
2024 $13,923 $40,289 $1,960 $38,329
2023 $13,070 $40,289 $1,960 $38,329
2022 $13,070 $40,289 $1,960 $38,329
2021 $11,856 $31,422 $1,225 $30,197
2020 $11,489 $31,422 $1,225 $30,197
2019 $12,822 $38,363 $1,225 $37,138
2018 $11,763 $31,579 $1,102 $30,477
2017 $11,550 $31,579 $1,102 $30,477
2016 $11,206 $31,579 $1,102 $30,477
2015 $9,477 $24,648 $980 $23,668
2014 $9,252 $24,648 $980 $23,668
2013 $8,638 $24,648 $980 $23,668
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Vladimir Ulyanov

    Barr Agency, Inc

    Section Image
  • Sappan Bhatt

    Buyer's Agent in 2016

    Sappan Bhatt

    Provident Realty, Inc.

    (224) 305-3017

    4 Total Sales

    Sappan Bhatt
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09043519

Midwest Real Estate Data (MRED)
Illinois Cook County Prospect Heights 60070 Forest River

791 Piper Ln, Prospect Heights, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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