NOT LISTED FOR SALE

848 Gettysburg Dr Bourbonnais, IL 60914

11 Beds
6 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $517,500

11 Days on Market

Highlights

  • Laundry Room
  • Storage Room
  • 4-minute walk to Jordan Park
  • Liberty Intermediate School Rated 9+
  • Heating Available

About This Home

As of September 2021

Brick Colonial 6 Flat on a Cul-De-Sac street. Cap Rate of 6.5%. Five 2 bed, 1 bath units, and one 1 bed, 1 bath. The property is in excellent condition featuring a newer roof, gutters, siding, windows (3rd & 1st-floor apts.), water heaters, stairs, doors, flooring (within last five years). 9 exterior parking spaces plus coin laundry. Electric heat building with AC wall units. The tenant pays for electricity and cable. **Rental income is projected for three units. One unit is owner-occupied, two other units are currently being marketed as tenants are leaving and new tenants are expected by September.**

Last Agent to Sell the Property

Crystal Tran

@properties Christie's International Real Estate License #475156694 Listed on: 08/09/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Ben Li

Ben Li License #471017942

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,795

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 97.50 x 110

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Storage Room
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $780
  • Insurance Expense $4,572
  • Manager Expense $1,212
  • Other Expense $1,500
  • Trash Expense $1,488
  • Water Sewer Expense $2,220
  • Operating Expense $22,379
  • Gross Income $60,600
  • Net Operating Income $37,009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,795

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1978
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Basement Description: None
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Public Road, Signal Intersection
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Pitched

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers
  • Heat/Ventilation: Electric
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 1212

Fee Information

  • Trash Expense: 1488
  • Water Sewer Expenses: 2220
  • Operating Expense Includes: Maintenance Grounds,Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 97.50 X 110

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 8

Multi Family

  • Net Operating Income: 37009
  • Insurance Expense: 4572
  • ElectricExpense: 780
  • GrossIncome: 60600
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 22379
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8795
  • Tax Year: 2020

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $517,500 -9.2% --
08/21/2021 08/21/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $570,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11184206

Midwest Real Estate Data (MRED)