NOT LISTED FOR SALE
-- Bed
-- Bath
7,000 Sq Ft
9,017 Sq Ft Lot

Sale Details

Date Sold: April 11, 2025

Last sale price $950,000 $136 Per Sq Ft

17 Days on Market

About This Home

As of April 2025

ALL BRICK SIX UNIT building - rehabbed & occupied. The heavy lifting has been done. 1, 2 and 3 bedrooms. Coin laundry main level washer & dryer. Recent improvements: hardwood floors, new countertops & hardware, lux vinyl plank, some new copper plumbing & upgrades to electric. Central gas boiler feeds hot water baseboard radiators. Each unit has a wall unit AC in living room. Railed balcony off living room on each unit (street side). Large room sizes. Tenants pay electric, building pays water/gas heat. Parking 12 spots. Across street from WILKINS elementary & junior high. Great building. Investor moving equity to larger project - perfect armchair investment. Security cameras on site. Do not walk the property or drive onto the lot without an appointment. Standard Comm Sales contract to be used.

Last Agent to Sell the Property

Robin Wilson

@properties Christie's International Real Estate License #475114646 Listed on: 02/07/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Ishtiaq Pavel

Equity Market Realty Inc. License #475170186

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,915

Year Built

  • Built in 1975

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 63 x 142

Parking

  • 6 to 12 Parking Spaces

Interior Spaces

  • 7,000 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $875
  • Fuel Expense $2,774
  • Insurance Expense $3,947
  • Maintenance Expense $5,000
  • Trash Expense $1,524
  • Water Sewer Expense $3,735
  • Operating Expense $35,679
  • Gross Income $116,480
  • Net Operating Income $78,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,915

Year Built

Built in 1975

Lot Details

9,017 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats,Condo/Townhouse
  • Stories: 3
  • Year Built: 1975
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,No Sign on Property
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Water Source: Municipal Water
  • Heat/Ventilation: Gas,Hot Water,Radiators

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Trash Expense: 1524
  • Water Sewer Expenses: 3735

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 63 X 142
  • Lot Size Sq Ft: 9017

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 2
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 7000

Multi Family

  • Net Operating Income: 78800
  • Fuel Expense: 2774
  • Insurance Expense: 3947
  • ElectricExpense: 875
  • GrossIncome: 116480
  • Maintenance Expense: 5000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 35679
  • Type Multi-Family: Flats,Condo/Townhouse

Tax Info

  • Tax Annual Amount: 18915.4
  • Tax Year: 2023

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
Feb 7, 2025
Closed on
Apr 15, 2025
Sold by
Bought by
Seller's Agent
Robin Wilson
@properties Christie's International Real Estate
Buyer's Agent
Ishtiaq Pavel
Equity Market Realty Inc.
List Price
$935,000
Sold Price
$950,000
Premium/Discount to List
$15,000
1.6%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$705,847
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 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
$496,000
Interest Rate
4.35%
Mortgage Type
New Conventional
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
$950,000 Fidelity National Title
$620,000 --
$620,000 None Listed On Document
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
Open $712,500
Previous Owner $496,000
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
04/11/2025 04/11/25 Sold $950,000 +1.6% $136 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $935,000 -- $134 / Sq Ft
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 $18,915 $54,818 $4,058 $50,760
2024 $18,915 $54,818 $4,058 $50,760
2023 $14,950 $54,818 $4,058 $50,760
2022 $14,950 $37,400 $3,607 $33,793
2021 $14,420 $37,398 $3,606 $33,792
2020 $13,962 $37,398 $3,606 $33,792
2019 $15,004 $36,408 $3,381 $33,027
2018 $14,339 $36,408 $3,381 $33,027
2017 $14,052 $36,408 $3,381 $33,027
2016 $11,122 $27,158 $2,930 $24,228
2015 $10,532 $27,158 $2,930 $24,228
2014 $10,182 $27,158 $2,930 $24,228
2013 $10,459 $30,676 $2,930 $27,746
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12280828

Midwest Real Estate Data (MRED)
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