NOT LISTED FOR SALE

834 College Blvd Addison, IL 60101

Estimated Value: $779,000

9 Beds
6 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $551,000

Est. 41% increase in value since last sale

Current estimated payment $5,834/month

2 Days on Market

About This Home

As of August 2020

BEGIN OR GROW YOUR PORTFOLIO WITH THIS EASY TO MANAGE 6 UNIT. BUILDING HAS BEEN METICULOUSLY CARED FOR. 3 UNITS WERE UPDATED IN 2019- NEW BATHROOMS, NEW KITCHENS, NEW FLOORING. 2 UNITS WERE UPDATED IN 2017. SPACIOUS UNITS WITH PLENTY OF CLOSET SPACE. GREAT LOCATION. BACKS NATURE PRESERVE.

Last Listed By

Stilian Dinev

Vanguard Realty, Inc. License #471018850 Listed on: 08/09/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,678

Year Built

  • 1974

Lot Details

  • 3,485

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,400
  • Insurance Expense $2,100

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,678

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2019
  • Net Oper Income: 40305
  • Owners Assoc: Yes
  • Total Annual Exp: 30195
  • Total Annual Income: 70500
  • Total Monthly Income: 5675
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1974
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1974

Exterior Features

  • Acreage: 0.08
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve, Window Unit/s
  • Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Central Bldg Heat, Gas, Hot Water, Radiators
  • Water Expense: 6000

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Parking, Common Insurance, Lawn Care, Scavenger, Snow Removal

Fee Information

  • Electricity Expense: 200
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: PER SURVEY
  • Lot Sq Ft: 3485
  • Parcel Identification Number: 0224102022

Rental Info

  • Gross Rental Income: 68100
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2019
  • Fuel Expense: 2400
  • Insurance Expense: 2100
  • Other Expenses: 3240

Tax Info

  • Taxes: 16,255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Focus Strategy Consulting Llc
Bought by
Top Heights Llc
Total Days on Market
2
Current Estimated Value
$779,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,689,045
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$910,045

Purchase Details

Closed on
Dec 8, 2020
Sold by
Parikh Darshan
Bought by
Focus Strategy Consulting Llc

Purchase Details

Listed on
Aug 9, 2020
Closed on
Aug 21, 2020
Sold by
Topalski Behchet H and Topalski Veli
Bought by
Parikh Darshan
Seller's Agent
Stilian Dinev
Vanguard Realty, Inc.
Buyer's Agent
Rutul Parekh
ARNI Realty Incorporated
List Price
$575,000
Sold Price
$551,000
Premium/Discount to List
-$24,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Mar 31, 2004
Sold by
Shkarovsky Naum and Shkarovsky Yanina
Bought by
Topalski Behchet H and Topalski Veli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2000
Sold by
Halick Mitchell R and Halick Doreen J
Bought by
Shkarovsky Naum and Shkarovsky Yanina

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
8.87%
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
Top Heights Llc $2,285,000 Altima Title
Focus Strategy Consulting Llc -- Chicago Title
Parikh Darshan $551,000 Old Republic Title
Topalski Behchet H $485,000 Pntn
Shkarovsky Naum $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Heights Llc $1,700,000
Previous Owner Topalski Behchet H $430,000
Previous Owner Shkarovsky Naum $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $551,000 -4.2% --
08/11/2020 08/11/20 Pending -- -- --
08/09/2020 08/09/20 For Sale $575,000 -- --
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 $10,820 $167,850
2022 $16,948 $162,780 $9,450 $153,330
2021 $16,584 $154,660 $8,980 $145,680
2020 $15,772 $150,890 $8,760 $142,130
2019 $16,255 $161,410 $8,420 $152,990
2018 $13,484 $124,810 $35,030 $89,780
2017 $12,823 $115,680 $32,470 $83,210
2016 $12,273 $107,060 $30,050 $77,010
2015 $12,054 $99,900 $28,040 $71,860
2014 $11,706 $96,700 $27,140 $69,560
2013 $14,137 $118,790 $28,070 $90,720
Source: Public Records

Agents Affiliated with this Home

  • Stilian Dinev

    Seller's Agent in 2020

    Stilian Dinev

    Vanguard Realty, Inc.

    (312) 451-1561

    2 in this area

    129 Total Sales

    Stilian Dinev
    Section Image
  • Rutul Parekh

    Buyer's Agent in 2020

    Rutul Parekh

    ARNI Realty Incorporated

    (847) 293-9190

    7 in this area

    470 Total Sales

    Rutul Parekh
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10811957

Midwest Real Estate Data (MRED)

APN: 02-24-102-022

Illinois DuPage County Addison 60101

834 College Blvd, Addison, IL

Homes for Sale in Addison, IL

This home is located at 834 College Blvd, Addison, IL 60101 since 09 August 2020 and is currently estimated at $779,000. This property was built in 1974. 834 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.

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