Pawel Czauderna
Leader Realty, Inc.
(224) 765-0998
119 Total Sales
3 in Forest River
$136K - $160K Price Range
820 Piper Ln Prospect Heights, IL 60070
Forest River Neighborhood
36
Beds
21
Baths
5,796
Sq Ft
1972
Built
About This Home
As of February 2025This well-maintained 6-unit apartment building, part of a larger apartment association, features 3 two-bedroom and 3 one-bedroom units. With historically low vacancy rates and 3 units currently rented below market, the property offers immediate income and significant value-add potential through targeted rent adjustments and renovations. A first floor washer and dryer provide additional revenue opportunities. Located within walking distance of Palwaukee Plaza, tenants enjoy convenient access to a grocery store and multiple dining options, enhancing the property's overall appeal.
Last Agent to Sell the Property
Homes R Us Realty Inc. License #471004760 Listed on: 12/05/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,211
Year Built
- Built in 1972
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 5,796 Sq Ft Home
- 3-Story Property
Lot Details
- Lot Dimensions are 125x110
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for air conditioning, electricity
Community Details
Overview
- Association fees include parking, exterior maintenance, scavenger, snow removal
- 6 Units
Building Details
- Electric Expense $600
- Fuel Expense $3,600
- Insurance Expense $6,200
- Maintenance Expense $4,750
- Water Sewer Expense $6,800
- Operating Expense $39,361
- Gross Income $87,300
- Net Operating Income $48,939
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
Apr 16, 2025
Sold by
Bought by
Purchase Details
Listed on
Dec 5, 2024
Closed on
Feb 6, 2025
Sold by
Bought by
Seller's Agent
john kim
Homes R Us Realty Inc.
Buyer's Agent
Ruben Acevedo
Global Ruben's Team Realty
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Views
127
Purchase Details
Listed on
Aug 26, 2019
Closed on
Jan 30, 2020
Sold by
Bought by
Seller's Agent
Jayesh Parekh
Kale Realty
Buyer's Agent
Adriana Correa
Stellar Pref. The Re Clinic
List Price
$524,900
Sold Price
$520,000
Premium/Discount to List
-$4,900
-0.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Purchase Details
Listed on
Aug 26, 2019
Closed on
Oct 25, 2019
Sold by
Bought by
Seller's Agent
Jayesh Parekh
Kale Realty
Buyer's Agent
Adriana Correa
Stellar Pref. The Re Clinic
List Price
$524,900
Sold Price
$520,000
Premium/Discount to List
-$4,900
-0.93%
Purchase Details
Closed on
Jul 29, 2016
Sold by
Bought by
Purchase Details
Closed on
May 19, 2011
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
$200,000
Interest Rate
6%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 15, 2005
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
$384,000
Interest Rate
4.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 29, 2004
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
$344,250
Interest Rate
6%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Forest River, IL
-
Pawel Czauderna
-
Shawn Jones
Shawn Jones
Responds QuicklyBerkshire Hathaway HomeServices Chicago
(708) 905-8737
91 Total Sales
1 in Forest River
$195,000 Price
-
Mark Bystrowicz
Mark Bystrowicz
Responds QuicklyRE/MAX City
(773) 915-0602
61 Total Sales
1 in Forest River
$220,000 Price
-
Edward Gunther
Edward Gunther
Keller Williams North Shore West
(224) 287-9194
24 Total Sales
1 in Forest River
$150,000 Price
-
Syed Hashmi
Syed Hashmi
Guidance Realty
(833) 908-3401
115 Total Sales
1 in Forest River
$440,000 Price
-
Ryan Luu
Ryan Luu
Real People Realty
(708) 859-6910
176 Total Sales
1 in Forest River
$237,000 Price
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $760,000 | None Listed On Document | ||
| -- | First American Title Ins Co | ||
| $520,000 | Altima Title Llc | ||
| -- | None Available | ||
| $306,000 | Fidelity Natl Title Ins Co | ||
| $480,000 | Success Title Services Inc | ||
| -- | Success Title Services Inc |
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 |
|---|---|---|---|
| Closed | $200,000 | ||
| Previous Owner | $384,000 | ||
| Previous Owner | $344,250 |
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 |
|---|---|---|---|---|---|
| 02/11/2025 02/11/25 | Sold | $760,000 | -4.9% | $131 / Sq Ft | |
| 01/19/2025 01/19/25 | Pending | -- | -- | -- | |
| 12/05/2024 12/05/24 | For Sale | $799,000 | +53.7% | $138 / Sq Ft | |
| 12/09/2019 12/09/19 | Sold | $520,000 | -0.9% | -- | View Prior Sale |
| 08/31/2019 08/31/19 | Pending | -- | -- | -- | |
| 08/26/2019 08/26/19 | For Sale | $524,900 | -- | -- |
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 | $15,683 | $64,000 | $8,400 | $55,600 |
| 2024 | $15,683 | $45,381 | $3,360 | $42,021 |
| 2023 | $16,221 | $45,381 | $3,360 | $42,021 |
| 2022 | $16,221 | $50,000 | $3,360 | $46,640 |
| 2021 | $12,369 | $32,781 | $2,100 | $30,681 |
| 2020 | $11,986 | $32,781 | $2,100 | $30,681 |
| 2019 | $12,681 | $37,942 | $2,100 | $35,842 |
| 2018 | $12,139 | $32,586 | $1,890 | $30,696 |
| 2017 | $11,918 | $32,586 | $1,890 | $30,696 |
| 2016 | $11,563 | $32,586 | $1,890 | $30,696 |
| 2015 | $9,746 | $25,348 | $1,680 | $23,668 |
| 2014 | $9,515 | $25,348 | $1,680 | $23,668 |
| 2013 | $8,884 | $25,348 | $1,680 | $23,668 |
Source: Public Records
Agents Affiliated with this Home
-
john kim
j
Seller's Agent in 2025
john kim
Homes R Us Realty Inc.
(847) 773-1000
1 in this area
8 Total Sales
-
Joseph Kim
J
Seller Co-Listing Agent in 2025
Joseph Kim
Homes R Us Realty Inc.
(847) 773-1000
1 in this area
1 Total Sale
-
Ruben Acevedo
Buyer's Agent in 2025
Ruben Acevedo
Global Ruben's Team Realty
(847) 836-6300
2 in this area
157 Total Sales
-
Jayesh Parekh
J
Seller's Agent in 2019
Jayesh Parekh
Kale Realty
(847) 962-0239
6 in this area
60 Total Sales
-
Adriana Correa
A
Buyer's Agent in 2019
Adriana Correa
Stellar Pref. The Re Clinic
(312) 576-7392
18 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12221284
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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