NOT LISTED FOR SALE
12 Beds
6 Baths
-- Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: April 30, 2021

Last sale price $687,500 $0 Per Sq Ft

135 Days on Market

About This Home

As of April 2021

Investors dreams - low maintenance, high cashflow with new modern finishes. This building has been finessed. - deluxe brick walkup mid-rise in excellent location, closing to shopping, transport, etc. 100% occupancy with generous rentals and long term leases. Brick 5 flat each with 2 bedroom 1 bathroom and parking. Newly rehabbed units with wood laminate flooring, fresh paint and modern and classy finishes with SS appliances. Fully rented and generating a 9.71 GRM on your investment right off the bat. (Agent Owned & Operated)

Last Agent to Sell the Property

Esmeralda Gil

WE Realty License #471022553 Listed on: 11/11/2020

Co-Listed By

Rosalba Melendres

EXIT Strategy Realty License #475184680

Last Buyer's Agent

Amanda Hillock

Weichert, Realtors - All Pro License #475190762

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • 4,356

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Community Details

  • Fuel Expense $1,645
  • Insurance Expense $3,561

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2020
  • Net Oper Income: 57072
  • Outdoor Parking: 1-5 Spaces, Assigned Spaces, Private Lot
  • Repairs Decor Expense: 1143
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Total Annual Exp: 18557
  • Total Annual Income: 75630
  • Total Monthly Income: 6240
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 02
  • Estimated Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1956

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Acreage: 0.1
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Central Heat/Indiv Controls, Hot Water, Baseboard
  • Water Expense: 2209

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 374
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 40 X 125
  • Lot Sq Ft: 4320
  • Parcel Identification Number: 15261050290000

Rental Info

  • Gross Rental Income: 74880
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2020
  • Fuel Expense: 1645
  • Insurance Expense: 3561
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 9624

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Apr 30, 2021
Sold by
1447 Homestead Llc
Bought by
Seller's Agent
Esmeralda Gil
WE Realty
Buyer's Agent
Amanda Hillock
Weichert, Realtors - All Pro
List Price
$734,900
Sold Price
$687,500
Premium/Discount to List
-$47,400
-6.45%

Purchase Details

Closed on
May 1, 2017
Sold by
Terrazas Miguel and Knox Melida
Bought by
1447 Homestrda Llc

Purchase Details

Closed on
Oct 22, 2004
Sold by
Valdez Jorge and Valdez Agustin
Bought by
Terrazas Miguel and Knox Melida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.62%
Mortgage Type
Construction

Purchase Details

Closed on
May 29, 2001
Sold by
Tolios Angelo J and Tolios Patricia
Bought by
Valdez Jorge and Valdez Agustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 1998
Sold by
Tolios Angelo T and Tolios Patricia
Bought by
Tolios Angelo J and Tolios Patricia
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$687,500 Chicago Title
1447 Homestrda Llc $449,000 None Available
Terrazas Miguel $510,000 Git
Valdez Jorge $355,000 --
Tolios Angelo J -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $408,000
Closed Valdez Jorge $284,000
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
04/30/2021 04/30/21 Sold $687,500 -6.4% --
04/09/2021 04/09/21 For Sale $734,900 +6.9% --
03/31/2021 03/31/21 Off Market $687,500 -- --
03/26/2021 03/26/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $734,900 -- --
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 $15,858 $66,000 $4,320 $61,680
2024 $15,858 $66,000 $4,320 $61,680
2023 $11,366 $66,000 $4,320 $61,680
2022 $11,366 $38,967 $3,780 $35,187
2021 $10,985 $38,966 $3,780 $35,186
2020 $10,796 $38,966 $3,780 $35,186
2019 $9,624 $38,037 $3,456 $34,581
2018 $9,440 $38,037 $3,456 $34,581
2017 $9,284 $38,037 $3,456 $34,581
2016 $9,621 $37,251 $3,024 $34,227
2015 $9,401 $37,251 $3,024 $34,227
2014 $9,448 $37,251 $3,024 $34,227
2013 $7,762 $32,537 $3,024 $29,513
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10931462

Midwest Real Estate Data (MRED)
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