NOT LISTED FOR SALE

838 W College Blvd Addison, IL 60101

Estimated Value: $814,000 - $819,372

27 Beds
21 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $470,000

Est. 74% increase in value since last sale

Current estimated payment $6,446/month

53 Days on Market

About This Home

As of February 2019

6 units highly desirable are 3 1 bedroom 3 2 bedrooms area many improvement newer window newer patio doors newer roof and boiler all update apartments historical low vacancy.

Last Listed By

Jayesh Parekh

ARNI Realty Incorporated License #475149245 Listed on: 11/10/2018

ARNI Realty Incorporated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,505

Year Built

  • 1974

Lot Details

  • 3,049

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $3,240
  • Insurance Expense $1,575

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,505

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 39971
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1189
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Total Annual Exp: 29629
  • Total Annual Income: 69600
  • Total Monthly Income: 5800
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1974
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1974

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Wall Sleeve
  • Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Gas, Hot Water
  • Water Expense: 5970

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 731
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 400

Lot Info

  • Lot Dimensions: 55'X 65'
  • Parcel Identification Number: 0224102026

Rental Info

  • Gross Rental Income: 5800
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 3240
  • Insurance Expense: 1575
  • Other Expenses: 3000
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 13524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2023
Sold by
Rhapsody Holdings Llc
Bought by
Kingsbury Realty Llc
Total Days on Market
53
Current Estimated Value
$816,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$476,806
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving
Estimated Equity
$339,880

Purchase Details

Listed on
Nov 10, 2018
Closed on
Feb 23, 2019
Sold by
Agrawal Piyush and Agrawal Sapna
Bought by
Rhapsody Holdings Llc
Seller's Agent
Jayesh Parekh
ARNI Realty Incorporated
Buyer's Agent
Iqbal Jaffer
Guidance Realty
List Price
$469,900
Sold Price
$470,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$335,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 10, 2014
Closed on
Apr 1, 2015
Sold by
H Jala Llc
Bought by
Agrawal Piyush and Agrawal Sapna
Seller's Agent
Jayesh Parekh
ARNI Realty Incorporated
Buyer's Agent
Jayesh Parekh
ARNI Realty Incorporated
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$306,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2007
Sold by
Shkarovsky Naum and Shkarovsky Yanina
Bought by
H Jala Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2003
Sold by
Parkway Bank & Trust Co
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
$260,000
Interest Rate
5.69%
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
Kingsbury Realty Llc $685,000 Chicago Title Company
Rhapsody Holdings Llc $470,000 Altima Title Llc
Agrawal Piyush $350,000 Fidelity National Title
H Jala Llc $438,000 Pntn
Shkarovsky Naum $393,000 Pntn
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingsbury Realty Llc $490,000
Previous Owner Rhapsody Holdings Llc $335,000
Previous Owner Agrawal Piyush $306,000
Previous Owner H Jala Llc $318,000
Previous Owner Shkarovsky Naum $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $470,000 0.0% --
01/02/2019 01/02/19 Pending -- -- --
11/10/2018 11/10/18 For Sale $469,900 +34.3% --
04/21/2015 04/21/15 Sold $350,000 -7.9% --
02/26/2015 02/26/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $379,900 -- --
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 $22,505 $227,460 $8,780 $218,680
2022 $16,949 $162,790 $7,670 $155,120
2021 $16,585 $154,670 $7,290 $147,380
2020 $15,772 $150,890 $7,110 $143,780
2019 $16,717 $159,830 $6,830 $153,000
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 $13,998 $111,680 $28,070 $83,610
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jayesh Parekh

    ARNI Realty Incorporated

    (847) 962-0239

    92 Total Sales

    Jayesh Parekh
    Section Image

  • I

    Buyer's Agent in 2019

    Iqbal Jaffer

    Guidance Realty

    (847) 844-0144

    2 in this area

    24 Total Sales

    Iqbal Jaffer
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10134905

Midwest Real Estate Data (MRED)

APN: 02-24-102-026

Illinois DuPage County Addison 60101

838 W College Blvd, Addison, IL

Homes for Sale in Addison, IL

This home is located at 838 W College Blvd, Addison, IL 60101 since 10 November 2018 and is currently estimated at $816,686. This property was built in 1974. 838 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.

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