NOT LISTED FOR SALE
-- Bed
-- Bath
3,675 Sq Ft
9,044 Sq Ft Lot

Sale Details

Date Sold: March 6, 2025

Last sale price $760,000 $207 Per Sq Ft

174 Days on Market

Highlights

  • Hot Water Heating System
  • Argo Community High School Rated A-
  • 3-minute walk to Founders Park

About This Home

As of March 2025

Investment opportunity in Multi-Family Apartment Building. Perfect for savvy investors seeking monthly returns. Recently updated with fresh paint and new flooring in hallways, along with a new dryer installed in March, enhancing tenant convenience. This property is primed for profitability. Unit 3N has been renovated, offering modern appeal and attracting higher rental yields. Roof is approximately 10 years old. This property promises not only immediate rental income potential but also long-term value. Don't miss out on this exceptional investment opportunity in the thriving real estate market. Broker related to seller.

Last Agent to Sell the Property

Natalia Kozak

Real Broker LLC Brokerage Phone: (708) 897-1935 License #475203971 Listed on: 07/11/2024

Real Broker LLC

Last Buyer's Agent

Teodora Choneva

Modern Home Realty License #471021746

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,358

Year Built

  • Built in 1969

Lot Details

  • 9,044 Sq Ft Lot
  • Lot Dimensions are 63x142x63x142

Parking

  • 6 to 12 Parking Spaces

Interior Spaces

  • 3,675 Sq Ft Home
  • 3-Story Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 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 $30
  • Fuel Expense $160
  • Insurance Expense $255
  • Trash Expense $94
  • Water Sewer Expense $220
  • Operating Expense $11,508
  • Gross Income $73,800
  • Net Operating Income $41,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,358

Year Built

Built in 1969

Lot Details

9,044 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 3
  • Year Built: 1969
  • Built Before 1978 (Y/N): Yes
  • Information: Non-Disclosure Agreement
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (708) 897-1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Refrigerators: 6
  • Number of Washers: 1
  • Room: 0

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Gas,Hot Water
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 94
  • Water Sewer Expenses: 220

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 63X142X63X142
  • Lot Size Sq Ft: 9044
  • Alternate Phone Number: (708) 897-1935

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 17
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 3675

Multi Family

  • Net Operating Income: 41934
  • Fuel Expense: 160
  • Insurance Expense: 255
  • ElectricExpense: 30
  • GrossIncome: 73800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 11508
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 20358
  • 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
Jul 11, 2024
Closed on
Mar 6, 2025
Sold by
Bought by
Seller's Agent
Natalia Kozak
Real Broker LLC
Buyer's Agent
Teodora Choneva
Modern Home Realty
List Price
$850,000
Sold Price
$760,000
Premium/Discount to List
-$90,000
-10.59%
Views
289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$493,095
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2023
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 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
$110,000
Interest Rate
6.99%
Mortgage Type
Commercial
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
$760,000 Old Republic Title
-- None Listed On Document
$680,000 Old Republic National Title
$385,000 --
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 $500,000
Previous Owner $110,000
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
03/06/2025 03/06/25 Sold $760,000 0.0% $207 / Sq Ft
02/21/2025 02/21/25 Off Market $760,000 -- --
01/03/2025 01/03/25 Pending -- -- --
07/12/2024 07/12/24 For Sale $850,000 -- $231 / 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 $20,359 $59,000 $4,070 $54,930
2024 $20,359 $59,000 $4,070 $54,930
2023 $14,301 $59,000 $4,070 $54,930
2022 $14,301 $35,775 $3,618 $32,157
2021 $13,794 $35,774 $3,617 $32,157
2020 $13,356 $35,774 $3,617 $32,157
2019 $13,105 $31,799 $3,391 $28,408
2018 $12,524 $31,799 $3,391 $28,408
2017 $12,273 $31,799 $3,391 $28,408
2016 $9,857 $24,070 $2,939 $21,131
2015 $9,335 $24,070 $2,939 $21,131
2014 $10,510 $28,034 $2,939 $25,095
2013 $11,490 $33,701 $2,939 $30,762
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12106053

Midwest Real Estate Data (MRED)
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