Seller's Agent in 2024
Michael Bischoff
Baird Warner
(847) 312-6794
1 in this area
12 Total Sales
821 E Lilly Ln Palatine, IL 60074
Capri Village Neighborhood
8
Beds
9
Baths
--
Sq Ft
1971
Built
Highlights
- Property is near park
- Corner Lot
- Intercom
- Palatine High School Rated A
- First Floor Utility Room
- Shed
About This Home
As of April 2024RARE- FULLY LEASED, ALL BRICK 3 FLAT BLD. 2 UNITS W/3 BEDROOMS & 2 BATHS AND 1 UNIT W/2 BEDROOMS & 2 BATHS. ALL 3 UNITS HAVE MASTER BATH. ALL UNITS HAVE THEIR OWN FURNACE, A/C, WASHER AND DRYER. TENANTS PAY FOR GAS HEAT & ELECTRIC SERVICE. ONSITE 4 TO 6-CAR PARKING IN THE REAR PLUS AMPLE STREET PARKING. WATER HEATERS AGE APPROX. 3 YEARS, 1-FURNANCE APPROX 5 YEARS OLD, CONVENIENT LOCATION RIGHT BY SHOPPING, RESTAURANTS AND PARKS. ACCESS TO RT 53. AWARD-WINNING SCHOOLS. LONG TIME TENNATS -BELOW MARKET RENTS .....GREAT UPSIDE TO INCREASE FUTURE PROFITS. PROPERTY BEING*** SOLD "AS IS"***.
Last Agent to Sell the Property
Baird & Warner License #475124661 Listed on: 03/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,678
Year Built
- Built in 1971
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- First Floor Utility Room
- Intercom
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 9 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Alley Access
- Side or Rear Entrance to Parking
- Parking Lot
- Off Alley Parking
- Parking Included in Price
- Unassigned Parking
Lot Details
- Lot Dimensions are 49 x 117
- Corner Lot
- Paved or Partially Paved Lot
Schools
- Palatine High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Shed
- Property is near park
Community Details
Overview
- 3 Units
- 3 Flat
Building Details
- Electric Expense $1,200
- Insurance Expense $1,950
- Maintenance Expense $250
- Trash Expense $603
- Water Sewer Expense $1,088
- Gross Income $52,200
- Net Operating Income $35,378
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 04/05/2024 04/05/24 | Sold | $600,000 | -4.0% | -- |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- |
| 03/15/2024 03/15/24 | For Sale | $625,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $14,765 | $63,000 | $4,350 | $58,650 |
| 2024 | $14,765 | $49,872 | $3,770 | $46,102 |
| 2023 | $14,284 | $49,872 | $3,770 | $46,102 |
| 2022 | $14,284 | $49,872 | $3,770 | $46,102 |
| 2021 | $12,678 | $39,036 | $3,190 | $35,846 |
| 2020 | $12,489 | $39,036 | $3,190 | $35,846 |
| 2019 | $12,972 | $45,233 | $3,190 | $42,043 |
| 2018 | $11,149 | $35,876 | $2,900 | $32,976 |
| 2017 | $10,938 | $35,876 | $2,900 | $32,976 |
| 2016 | $10,752 | $37,921 | $2,900 | $35,021 |
| 2015 | $9,195 | $29,926 | $2,610 | $27,316 |
| 2014 | $9,083 | $29,926 | $2,610 | $27,316 |
| 2013 | $7,169 | $29,926 | $2,610 | $27,316 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Bischoff
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11999087
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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