$450,000
SOLD JAN 18, 2018
9 Beds
6 Baths
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

5% Below List Price

151 Days on Market

About This Home

As of December 2021

BUILDING IS IN GOOD CONDITION!!! NO INSPECTION BY THE VILLAGE OF ADDISON UNTIL 2018. NEWER WINDOWS, NEWER PATIO DOORS, NEWER KITCHEN APPLIANCES. MOST OF THE APTS., HAVE CERAMIC FLOORS IN KITCHEN, L.R AND BDRMS., NEWER ROOF. LONG TERM TENANTS, FULLY OCCUPIED. SOME COSMETICS.

Last Agent to Sell the Property

Peter Dravilas

PreferredCo Realty & Investments License #471005186

Last Buyer's Agent

Peter Dravilas

PreferredCo Realty & Investments License #471005186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,707

Year Built

  • 1974

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $2,035
  • Insurance Expense $1,235

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,707

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, Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Operating Income Year: 2015
  • Net Oper Income: 35760
  • Outdoor Parking: 6-12 Spaces
  • Owners Assoc: Yes
  • Repairs Decor Expense: 500
  • Scavenger Expense: 00
  • Total Annual Exp: 27780
  • Total Annual Income: 63600
  • Total Monthly Income: 5300
  • 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: 9

Utilities

  • Heatventilation: Hot Water
  • Water Expense: 5225

Condo/Co-op/Association

  • Units in Building: 6
  • Assessment Includes: Lawn Care, Snow Removal

Fee Information

  • Electricity Expense: 370
  • Janitor Expense: 600

Lot Info

  • Lot Dimensions: 3607 SQ FT
  • Parcel Identification Number: 0224102028

Rental Info

  • Gross Rental Income: 61200
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2016
  • Fuel Expense: 2035
  • Insurance Expense: 1235
  • Other Expenses: 2460

Tax Info

  • Taxes: 12825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 14, 2021
Sold by
Yogeshwar Assets Llc
Bought by
Cooper Capital Investments Llc
Seller's Agent
Lexie Lyons
Executive Realty Group LLC
Buyer's Agent
John Greco
G Real Estate Co.
List Price
$625,000
Sold Price
$625,000
Total Days on Market
151
Current Estimated Value
$809,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,000
Avg. Annual Appreciation
7.59%
Original Mortgage
$937,500
Outstanding Balance
$871,157
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$69,157

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jan 16, 2018
Sold by
Joje Properties Llc
Bought by
Dream Big Real Estate Llc
Seller's Agent
Peter Dravilas
PreferredCo Realty & Investments
Buyer's Agent
Peter Dravilas
PreferredCo Realty & Investments
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$360,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2014
Sold by
Almendralejo Socaris and Almendralejo Ellen Grace S
Bought by
Joje Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
4.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2009
Sold by
Vargas Marcelino and Vargas Elisa
Bought by
Almendralejo Socaris and Almendralejo Ellen Grace S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 1999
Sold by
Siddiqui Muneem and Siddiqui Ayesha
Bought by
Vargas Marcelino and Vargas Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
4.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 1996
Sold by
Pagsanjan Sotero S and Pagsanjan Erlinda E
Bought by
Siddiqui Muneem and Siddiqui Ayesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
7.64%
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 Type Sale Price Title Company
Warranty Deed $625,000 Chicago Title
Warranty Deed $450,000 Chicago Title
Warranty Deed -- Ctic
Warranty Deed $395,000 First American Title Ins Co
Warranty Deed $253,000 --
Warranty Deed $191,000 Attorneys Natl Title Network
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $937,500 Purchase Money Mortgage
Previous Owner $360,000 Commercial
Previous Owner $965,000 Commercial
Previous Owner $245,000 Commercial
Previous Owner $296,250 Commercial
Previous Owner $240,000 Commercial
Previous Owner $221,000 Commercial
Previous Owner $202,400 Commercial
Previous Owner $152,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $625,000 0.0% $126 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $625,000 +19.0% $126 / Sq Ft
05/08/2020 05/08/20 Sold $525,000 0.0% --
02/18/2020 02/18/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $525,000 +16.7% --
01/18/2018 01/18/18 Sold $450,000 -5.3% --
09/15/2017 09/15/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $475,000 0.0% --
08/03/2017 08/03/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $475,000 0.0% --
05/12/2017 05/12/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $475,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $22,707 $229,500 $10,820 $218,680
2022 $16,948 $162,780 $9,450 $153,330
2021 $16,084 $150,000 $8,980 $141,020
2020 $15,679 $150,000 $8,760 $141,240
2019 $15,689 $150,000 $8,420 $141,580
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

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09596941

Midwest Real Estate Data (MRED)

APN: 02-24-102-028