NOT LISTED FOR SALE

811 E Broadway St Bradley, IL 60915

20 Beds
20 Baths
-- Sq Ft
0.33 Acres

Last Sold May 24, 2024

Last sale price $1,250,000

2 Days on Market

About This Home

As of May 2024

Unique opportunity to have 20 rental units in same location! Well maintained and high occupancy rate! Rents are below market value but good tenants! Excellent location!

Last Agent to Sell the Property

Richard Hansen

McColly Rosenboom - B License #471000534 Listed on: 04/22/2024

McColly Rosenboom  - B

Co-Listed By

Brant Fred

McColly Rosenboom - B License #475134120

Last Buyer's Agent

Peter Grant

Berkshire Hathaway HomeServices Speckman Realty License #471008886

Berkshire Hathaway HomeServices Speckman Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,208

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 194x67.50

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 20 Bathrooms

Additional Features

  • 2-Story Property
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, sewer

Community Details

Overview

  • 20 Units

Building Details

  • Insurance Expense $12,664
  • Maintenance Expense $3,518
  • Other Expense $542
  • Water Sewer Expense $9,156
  • Operating Expense $64,817
  • Gross Income $138,739
  • Net Operating Income $73,922

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,208

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 20
  • Total Bedrooms: 20
  • Room: 0

Utilities

  • Heat/Ventilation: Electric

Fee Information

  • Water Sewer Expenses: 9156

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 194X67.50
  • Lot Size Sq Ft: 14236

Rental Info

  • Tenant Pays: Electricity, Sewer
  • Board Number: 21

Multi Family

  • Net Operating Income: 73922
  • Insurance Expense: 12664
  • GrossIncome: 138739
  • Maintenance Expense: 3518
  • NumberOfUnitsTotal: 20
  • OperatingExpense: 64817
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 19207.6
  • Tax Year: 2022

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
05/24/2024 05/24/24 Sold $1,250,000 +4.2% --
04/26/2024 04/26/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $1,200,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12035705

Midwest Real Estate Data (MRED)