NOT LISTED FOR SALE

832 W College Blvd Addison, IL 60101

Estimated Value: $752,952

9 Beds
6 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold May 08, 2020

Last sale price $525,000

Est. 43% increase in value since last sale

Current estimated payment $5,688/month

40 Days on Market

About This Home

As of May 2020

This home is located at 832 W College Blvd, Addison, IL 60101 since 09 January 2020 and is currently priced at $752,952. This property was built in 1974. 832 W College Blvd is a home located in DuPage County with nearby schools including Marquardt Middle School, Glenbard East High School, and St Philip The Apostle School.

Last Listed By

Lexie Lyons

Executive Realty Group LLC License #475142239 Listed on: 01/09/2020

Executive Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,491

Year Built

  • Built in 1974

Lot Details

  • 3,049

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Additional Features

  • 2-Story Property
  • 3,049 Sq Ft Lot
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $315
  • Fuel Expense $2,996
  • Insurance Expense $1,454
  • Maintenance Expense $600
  • Other Expense $3,240
  • Water Sewer Expense $5,729
  • Operating Expense $29,831
  • Gross Income $11,650
  • Net Operating Income $41,208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,491

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1974
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: None
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 525000

Utilities

  • Heat/Ventilation: Hot Water

Fee Information

  • Water Sewer Expenses: 5729
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: COMMON
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 41208
  • Fuel Expense: 2996
  • Insurance Expense: 1454
  • ElectricExpense: 315
  • GrossIncome: 11650
  • Maintenance Expense: 600
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 29831
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 14491
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2022
Sold by
Yogeshwar Assets Llc
Bought by
Desai Property Llc
Total Days on Market
40
Current Estimated Value
$752,952

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
$470,224
Interest Rate
3.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$287,034

Purchase Details

Listed on
Jan 9, 2020
Closed on
May 6, 2020
Sold by
Dream Big Realty Llc
Bought by
Yogesh War Assets Llc
Seller's Agent
Lexie Lyons
Executive Realty Group LLC
Buyer's Agent
Lexie Lyons
Executive Realty Group LLC
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$787,500
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2018
Sold by
Cardona Nelson and Cardona Juana
Bought by
Dream Big Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,375
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 12, 1998
Sold by
Parkway Bank & Trust Company
Bought by
Cardona Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
8%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Desai Property Llc $636,000 Altima Title
Yogesh War Assets Llc $1,050,000 American Land Ttl Assocation
Dream Big Realty Llc $425,000 Attorney
Cardona Nelson -- Lawyers Title Pick Up
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Property Llc $500,000
Previous Owner Yogesh War Assets Llc $787,500
Previous Owner Dream Big Realty Llc $329,375
Previous Owner Cardona Nelson $260,000
Previous Owner Cardona Nelson $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $525,000 0.0% --
02/18/2020 02/18/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $525,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2023 $17,678 $178,670 $8,770 $169,900
2022 $16,949 $162,790 $7,660 $155,130
2021 $16,585 $154,670 $7,280 $147,390
2020 $15,772 $150,890 $7,100 $143,790
2019 $14,818 $141,670 $6,820 $134,850
2018 $14,165 $124,810 $35,030 $89,780
2017 $13,525 $115,680 $32,470 $83,210
2016 $13,001 $107,060 $30,050 $77,010
2015 $12,824 $99,900 $28,040 $71,860
2014 $12,480 $96,700 $27,140 $69,560
2013 $14,889 $118,790 $28,070 $90,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10611296

Midwest Real Estate Data (MRED)

APN: 02-24-102-020