NOT LISTED FOR SALE

Estimated Value: $245,000 - $778,421

7 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: October 31, 2023

Last sale price $415,000

Est. 28% increase in value since last sale

Current estimated payment $3,902 / mo

39 Days on Market

About This Home

As of October 2023

Attention Investors! This recently updated turn-key 5 unit building is a proven winner. Each unit offers separate furnaces, central air and water heaters, ensuring optimal comfort andf convenience for the tenants. Don't miss out on this hassle-free investment with tremendous income potential. 48 hours needed for showings. Showings M-F 4pm-6pm and Sat 12pm-4pm

Last Agent to Sell the Property

Chris Knollin

Realty Executives Elite License #471019537 Listed on: 05/22/2023

Realty Executives Elite

Last Buyer's Agent

James Skorupa

Coldwell Banker Real Estate Group License #471004588

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,692

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 75x150

Interior Spaces

  • 7 Bedrooms
  • 2-Story Property

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $2,290
  • Maintenance Expense $1,650
  • Trash Expense $1,380
  • Water Sewer Expense $3,100
  • Operating Expense $9,028
  • Gross Income $44,520
  • Net Operating Income $26,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,692

Year Built

Built in 1960

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1960
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Room: 0

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas

Fee Information

  • Trash Expense: 1380
  • Water Sewer Expenses: 3100

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75X150
  • Zoning: OTHER

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 26800
  • Insurance Expense: 2290
  • ElectricExpense: 600
  • GrossIncome: 44520
  • Maintenance Expense: 1650
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 9028
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 8692
  • Tax Year: 2022

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
Aug 24, 2023
Sold by
Bought by
Current Estimated Value
$532,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
0.0731%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 6, 2019
Closed on
Apr 23, 2020
Sold by
Bought by
Seller's Agent
Mark Meers
Spring Realty
Buyer's Agent
Chris Knollin
Realty Executives Elite
List Price
$385,000
Sold Price
$327,500
Premium/Discount to List
-$57,500
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Nov 22, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 2005
Sold by
Bought by

Purchase Details

Closed on
May 29, 2003
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
$182,200
Interest Rate
0.0571%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2003
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
$182,200
Interest Rate
0.0571%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2001
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
$304,236
Interest Rate
0.0394%

Purchase Details

Closed on
Nov 4, 1994
Sold by
Bought by

Purchase Details

Closed on
May 10, 1994
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$415,000 First American Title
$327,500 First American Title
-- First American Title
-- None Available
-- None Available
-- --
-- --
-- --
$220,000 Chicago Title Insurance Co
$158,000 --
$128,000 Chicago Title Insurance Co
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 $311,250
Previous Owner $367,500
Previous Owner $182,200
Previous Owner $304,236
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 Prior Sale
10/31/2023 10/31/23 Sold $415,000 +1.2% --
07/01/2023 07/01/23 Pending -- -- --
06/21/2023 06/21/23 Price Changed $410,000 -3.5% --
05/22/2023 05/22/23 For Sale $425,000 +29.8% --
04/30/2020 04/30/20 Sold $327,500 -10.3% -- View Prior Sale
10/01/2019 10/01/19 Pending -- -- --
09/15/2019 09/15/19 Price Changed $365,000 -5.2% --
06/06/2019 06/06/19 For Sale $385,000 -- --
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
2024 $11,999 $136,706 $15,780 $120,926
2023 $11,450 $121,462 $14,020 $107,442
2022 $10,998 $109,871 $12,682 $97,189
2021 $9,644 $102,616 $11,845 $90,771
2020 $8,692 $92,572 $11,249 $81,323
2019 $8,267 $86,033 $10,454 $75,579
2018 $7,921 $79,498 $9,660 $69,838
2017 $7,466 $72,278 $8,783 $63,495
2016 $7,153 $66,550 $8,052 $58,498
2015 $6,896 $62,400 $7,550 $54,850
2014 $6,896 $62,100 $7,500 $54,600
2013 $6,896 $65,827 $8,351 $57,476
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11789221

Midwest Real Estate Data (MRED)

APN: 30-07-04-329-018

Your Personal Tour Guide

Ask me questions while you tour the home.