NOT LISTED FOR SALE

8256 W Dempster St Niles, IL 60714

Ballard Terrace Neighborhood
11 Beds
6 Baths
-- Sq Ft
1970 Built

Last Sold June 08, 2021

Last sale price $665,000

7 Days on Market

About This Home

As of June 2021

6 unit investment opportunity in Niles! 5, 2 Bedroom units and 1, 1 Bedroom unit, $71,400 gross income. Hardwood floors. Heat is hot water baseboard and cooling is sleeve air conditioners. Multiple offers received highest and best due by Monday April 19th at 3 p.m.

Last Agent to Sell the Property

Barbara Florczyk

Chicagoland Brokers Inc. License #475141125 Listed on: 04/14/2021

Chicagoland Brokers Inc.

Last Buyer's Agent

David Burdeen

RE/MAX Vision 212 License #475114939

RE/MAX Vision 212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,162

Year Built

  • Built in 1970

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $418
  • Fuel Expense $1,842
  • Insurance Expense $2,000
  • Trash Expense $944
  • Water Sewer Expense $2,617
  • Operating Expense $25,613
  • Gross Income $71,400
  • Net Operating Income $45,787

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,162

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • List Price: 688800
  • Exterior Building Type: Brick

Utilities

  • Cooling: Wall Sleeve, Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 944
  • Water Sewer Expenses: 2617
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 45787
  • Fuel Expense: 1842
  • Insurance Expense: 2000
  • ElectricExpense: 418
  • GrossIncome: 71400
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 25613
  • Expense Year: 2020
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 17162
  • Tax Year: 2019

Range of Values:

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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 Change Sq Ft Price
06/08/2021 06/08/21 Sold $665,000 -3.5% --
04/21/2021 04/21/21 Pending -- -- --
04/21/2021 04/21/21 For Sale -- -- --
04/14/2021 04/14/21 For Sale $688,800 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Barbara Florczyk

    Seller's Agent in 2021

    Barbara Florczyk

    Chicagoland Brokers Inc.

    (847) 507-5050

    1 in this area

    113 Total Sales

    Barbara Florczyk
    Section Image

  • D

    Buyer's Agent in 2021

    David Burdeen

    RE/MAX

    (312) 404-4077

    1 in this area

    64 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11054547

Midwest Real Estate Data (MRED)

Illinois Cook County Niles 60714 Ballard Terrace

8256 W Dempster St, Niles, IL

This home is located at 8256 W Dempster St, Niles, IL 60714 since 14 April 2021. This property was built in 1970. 8256 W Dempster St is a home located in Cook County with nearby schools including V H Nelson Elementary School, Gemini Middle School, and Maine East High School.

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.

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