Seller's Agent in 2023
Jacek Piktel
Coldwell Banker Realty
(312) 266-7000
3 in this area
40 Total Sales
8809 N Dee Rd Des Plaines, IL 60016
9
Beds
6
Baths
--
Sq Ft
7,405
Sq Ft Lot
Highlights
- Storage Room
- Maine East High School Rated A
- Baseboard Heating
About This Home
As of May 20236 Multi -Family all brick building in hot rental area of Des Plaines. Building consists: Three - 2 bedroom and Three - 1 bedrooms. Per the owner: Newer hot water tank, pipes & 6 new zones and plumbing in utility room installed in 2022. Roof age is approx. 10 years old. Building kept well and some apartment have some updates. Annual rental income currently good cash flow of $ 78,960 plus some around $ 1,200 additional income from coined laundry *** And still with some improvements a potential to get even higher ROI with the limited availability of these type of apartments in the area*** Stable tenants. One unit currently vacant after tenants just moved out and kept vacant for convenient showings. Washer and dryer owned. Laundry Rm next to mechanical room and storage for the owner. 10 parking spots behind the building. Nice location close to everywhere: Golf Mill shopping center, Lutheran General Hospital, restaurants, I-294 Expwy and MORE. Rent Roll attached in Add Info.
Last Agent to Sell the Property
Coldwell Banker Realty License #475148241 Listed on: 04/20/2023
Last Buyer's Agent
Derick Creasy
Redfin Corporation License #475136951
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,294
Year Built
- Built in 1968
Lot Details
- 7,427 Sq Ft Lot
- Lot Dimensions are 80x96
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Storage Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $278
- Fuel Expense $4,625
- Insurance Expense $3,302
- Other Expense $450
- Trash Expense $4,418
- Water Sewer Expense $2,090
- Operating Expense $29,070
- Gross Income $78,960
- Net Operating Income $51,090
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $705,000 | +2.2% | -- |
| 04/27/2023 04/27/23 | Pending | -- | -- | -- |
| 04/20/2023 04/20/23 | For Sale | $690,000 | -- | -- |
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 | $15,922 | $77,000 | $6,258 | $70,742 |
| 2024 | $15,922 | $58,751 | $5,084 | $53,667 |
| 2023 | $15,143 | $58,751 | $5,084 | $53,667 |
| 2022 | $15,143 | $58,751 | $5,084 | $53,667 |
| 2021 | $14,294 | $45,520 | $7,822 | $37,698 |
| 2020 | $13,961 | $45,520 | $7,822 | $37,698 |
| 2019 | $14,117 | $52,322 | $7,822 | $44,500 |
| 2018 | $13,440 | $43,705 | $6,844 | $36,861 |
| 2017 | $13,254 | $43,705 | $6,844 | $36,861 |
| 2016 | $12,369 | $43,705 | $6,844 | $36,861 |
| 2015 | $12,650 | $40,921 | $5,866 | $35,055 |
| 2014 | $12,207 | $40,921 | $5,866 | $35,055 |
| 2013 | $11,082 | $37,766 | $5,866 | $31,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jacek Piktel
-
Derick Creasy
D
Buyer's Agent in 2023
Derick Creasy
Redfin Corporation
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11763873
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Based on information submitted to the MLS GRID
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