NOT LISTED FOR SALE
11 Beds
6 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold November 11, 2021

Last sale price $749,050

10 Days on Market

Highlights

  • Laundry Room
  • Baseboard Heating
  • 2-minute walk to Lee Wright Park
  • Madison Elementary School Rated A-

About This Home

As of November 2021

Built in 1960, this six unit brick building is located in Skokie, IL. The unit is a mix of five 2 bedroom units, and one 1 bedroom unit, with 5 exterior parking spaces, and coin laundry (owned) in the building. Current rents are under market value with opportunity to increase as-is or even further with renovations. Great location as it's close to Oakton-Skokie Metra train station, easy access to Eden Expressway, shopping, Old Orchard Mall, parks, schools, restaurants and the Evanston Golf Club. Building in well maintained condition and will be sold "As-Is".

Last Agent to Sell the Property

Wilfredo Nunez

Compass License #471019132 Listed on: 10/08/2021

Compass

Last Buyer's Agent

Sophie Hoegen

Coldwell Banker Realty License #475123600

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,760

Year Built

  • Built in 1960

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $741
  • Fuel Expense $3,014
  • Insurance Expense $3,700
  • Maintenance Expense $9,497
  • Manager Expense $4,006
  • Trash Expense $1,252
  • Water Sewer Expense $1,498
  • Operating Expense $47,084
  • Gross Income $74,100
  • Net Operating Income $27,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,760

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1960
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Basement Description: Finished
  • Misc Inside: Laundry Room
  • Fireplaces: 2
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 789999
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Radiators,Baseboard,Radiant

Condo/Co-op/Association

  • Manager Expense: 4006

Fee Information

  • Trash Expense: 1252
  • Water Sewer Expenses: 1498
  • Janitor Expense: 3150

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 50 X 125
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month,Vac Leases,1 or More Vacant

Multi Family

  • Net Operating Income: 27016
  • Fuel Expense: 3014
  • Insurance Expense: 3700
  • ElectricExpense: 741
  • GrossIncome: 74100
  • Maintenance Expense: 9497
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 47084
  • Expense Year: 2020
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 19760
  • Tax Year: 2019

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
11/11/2021 11/11/21 Sold $749,050 -6.4% --
10/19/2021 10/19/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $799,999 -- --
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: 11207311

Midwest Real Estate Data (MRED)