NOT LISTED FOR SALE

8558 W Rascher Ave Chicago, IL 60656

O'Hare Neighborhood
13 Beds
6 Baths
-- Sq Ft
1966 Built

Sale Details

Date Sold: October 19, 2016

Last sale price $680,000 $0 Per Sq Ft

8 Days on Market

About This Home

As of October 2016

Wonderful Rental Location! Brick 6 Flat. Large Units. Two 3-Bedroom Units, Three 2-Bedroom Units, One 1-Bedroom. All Units Have 1 Bathroom. Building Features Hardwood Floor Throughout, Kitchens w/ Separate Dining Space, Laundry (Coin Operated), Storage Units, 5 Outdoor Parking Spaces. Long Term Tenants. Walk to Train. Close to Expressways, Health Club, Stores, Restaurants and More! Over 7% Cap Rate. Multiple offers received. Best and final due, Tuesday, August 23rd at 10am.

Last Agent to Sell the Property

Kora Walter

MK Real Estate Group, LLC License #471008251 Listed on: 08/15/2016

Last Buyer's Agent

Robert Tomich

Capital Real Estate Services License #471009261

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $4,600
  • Insurance Expense $2,800

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1966

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 1100
  • Scavenger Expense: 1020
  • Total Annual Exp: 12370
  • Total Monthly Income: 5905
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1966
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1966

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Forced Air, Gas, Baseboard
  • Water Expense: 2500

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 350
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 43 X 133
  • Lot Sq Ft: 5695
  • Parcel Identification Number: 12111200290000

Rental Info

  • Gross Rental Income: 70860
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2016
  • Fuel Expense: 4600
  • Insurance Expense: 2800
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 10925
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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
10/19/2016 10/19/16 Sold $680,000 -0.7% --
08/23/2016 08/23/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $685,000 -- --
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
2025 $16,477 $79,419 $14,238 $65,181
2024 $16,477 $79,419 $14,238 $65,181
2023 $16,063 $78,094 $11,390 $66,704
2022 $16,063 $78,094 $11,390 $66,704
2021 $15,704 $78,094 $11,390 $66,704
2020 $13,303 $59,716 $7,118 $52,598
2019 $13,634 $67,860 $7,118 $60,742
2018 $13,405 $67,860 $7,118 $60,742
2017 $12,592 $58,495 $6,264 $52,231
2016 $11,716 $58,495 $6,264 $52,231
2015 $10,925 $61,574 $6,264 $55,310
2014 $12,155 $65,511 $5,695 $59,816
2013 $11,915 $65,511 $5,695 $59,816
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kora Walter

    MK Real Estate Group, LLC

    Section Image
  • Robert Tomich

    Buyer's Agent in 2016

    Robert Tomich

    Capital Real Estate Services

    (773) 225-5103

    1 in this area

    11 Total Sales

    Robert Tomich
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09316567

Midwest Real Estate Data (MRED)

APN: 12111200290000

Illinois Cook County Chicago 60656 O'Hare

8558 W Rascher Ave, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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