NOT LISTED FOR SALE

8437 W Cermak Rd North Riverside, IL 60546

Estimated Value: $803,000

57 Beds
35 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold September 30, 2015

Last sale price $489,900

Est. 64% increase in value since last sale

Current estimated payment $4,431/month

18 Days on Market

About This Home

As of September 2015

Big brick apartment building with all long-term quiet tenants! Exterior decks, 2-car garage and side street parking. Average condition inside. 5 2-bedroom units and 1 1-bedroom unit. 1 2-bathroom, 5 1 bathroom. Boiler heat. Window air conditioning. New electric meters and all electric ranges. Radiant heat in the 1-bedroom ground floor unit and baseboard in the rest.

Last Agent to Sell the Property

Karen Arndt

I Know the Neighborhood LLC License #471020163 Listed on: 06/13/2015

Last Buyer's Agent

Ronald Minella

Myslicki Real Estate License #475137252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $383

Year Built

  • Built in 1973

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 75x111
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 57 Bedrooms
  • 35 Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $500
  • Fuel Expense $3,000
  • Insurance Expense $2,500
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $13,387
  • Gross Income $4,105
  • Net Operating Income $35,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$383

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1973
  • Built Before 1978 (Y/N): Yes
  • Information: Listing Agent Must Accompany,Court Approval Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 35
  • Total Bedrooms: 57
  • Room: 4
  • Room: 4
  • Room: 0

Exterior Features

  • Frontage Type: City Street, Public Road
  • List Price: 489900
  • Exterior Building Type: Brick

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas,Hot Water

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1200
  • Water Sewer Expenses: 1200
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.04
  • Lot Dimensions: 75X111
  • Zoning: MULTI
  • Land Amenities: Security Entrance,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 35260
  • Fuel Expense: 3000
  • Insurance Expense: 2500
  • ElectricExpense: 500
  • GrossIncome: 4105
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 13387
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 383.35
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2015
Closed on
Sep 23, 2015
Sold by
Epstein David A and Soumar Richard J
Bought by
Chicago Title Land Trust Company and Trust #8002369217
Seller's Agent
Karen Arndt
I Know the Neighborhood LLC
Buyer's Agent
Ronald Minella
Myslicki Real Estate
List Price
$489,900
Sold Price
$489,900
Current Estimated Value
$803,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,100
Avg. Annual Appreciation
4.29%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chicago Title Land Trust Company $489,900 Stewart Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $489,900 0.0% --
07/01/2015 07/01/15 Pending -- -- --
06/13/2015 06/13/15 For Sale $489,900 -- --
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
2024 $666 $2,772 $2,750 $22
2023 $628 $2,772 $2,750 $22
2022 $628 $2,153 $2,131 $22
2021 $607 $2,153 $2,131 $22
2020 $596 $2,153 $2,131 $22
2019 $493 $1,947 $1,925 $22
2018 $483 $1,947 $1,925 $22
2017 $475 $1,947 $1,925 $22
2016 $415 $1,607 $1,581 $26
2015 $406 $1,607 $1,581 $26
2014 $408 $1,607 $1,581 $26
2013 $383 $1,607 $1,581 $26
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08954485

Midwest Real Estate Data (MRED)

APN: 15-26-106-008-0000