NOT LISTED FOR SALE
8 Beds
6 Baths
-- Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: June 5, 2015

Last sale price $345,000

35 Days on Market

Highlights

  • Property is near park
  • First Floor Utility Room
  • 2 Car Detached Garage
  • Palatine High School Rated A

About This Home

As of June 2015

Huge brick 3 flat with many updates. Newer roof & gutters, newer appliances, recent renovation on 1st & 2nd floor. Two jumbo 3 Br apartments w/2 full baths, 1st floor unit has 2BR/2BA. Detached 2.5 car garage & additional exterior parking for 2 cars. Laundry and extra storage lockers in common space. Tenants pay heat, gas, & electric. Entire bldg is vacant and ready for a new live in owner or an investor.

Last Agent to Sell the Property

Tom Dudzinski

Illinois Star, Ltd. REALTORS License #471005351 Listed on: 03/30/2015

Last Buyer's Agent

Johnson Maliekkal

Realta Real Estate License #475131812

Realta Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,286

Year Built

  • Built in 1972

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 6 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • First Floor Utility Room
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $46,800
  • Net Operating Income $32,056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,286

Year Built

Built in 1972

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1972
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Flood Zone
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 8
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights

Fee Information

  • Other Expenses $: 14744

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 50X120
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 32056
  • GrossIncome: 46800
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 8285.5
  • Tax Year: 2013
  • Tax Exemptions: Homeowner
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
06/05/2015 06/05/15 Sold $345,000 -8.0% --
05/04/2015 05/04/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $374,900 0.0% --
04/16/2015 04/16/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $374,900 -- --
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 $14,117 $63,000 $4,350 $58,650
2024 $14,117 $51,000 $3,770 $47,230
2023 $13,627 $51,000 $3,770 $47,230
2022 $13,627 $51,000 $3,770 $47,230
2021 $11,602 $39,053 $3,190 $35,863
2020 $11,501 $39,053 $3,190 $35,863
2019 $11,995 $45,253 $3,190 $42,063
2018 $10,197 $36,247 $2,900 $33,347
2017 $10,022 $36,247 $2,900 $33,347
2016 $10,035 $37,890 $2,900 $34,990
2015 $7,976 $28,583 $2,610 $25,973
2014 $8,521 $30,644 $2,610 $28,034
2013 $8,286 $30,644 $2,610 $28,034
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08876292

Midwest Real Estate Data (MRED)
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