NOT LISTED FOR SALE

8811 Dee Rd Des Plaines, IL 60016

9 Beds
6 Baths
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: May 31, 2018

Last sale price $607,500 $0 Per Sq Ft

7 Days on Market

About This Home

As of May 2018

Great investment opportunity with easy highway access. This property features three 2 bed 1 bath units and three 1 bed 1 bath units. Some units living rooms hardwood floors in wonderful condition and some with carpet also in great condition. All bedrooms are carpeted. 9 parking spaces included with the building. Each unit is separately metered for electric service. Coin-op laundry in building. Roof is approximately 10 years old. Water heater is approximately 8 years old.

Last Agent to Sell the Property

Pam Saul

Realty ONE Group Karmma License #471022176 Listed on: 04/09/2018

Last Buyer's Agent

Bob Petrich

Boardwalk Commercial Real Estate Corporation License #471000390

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 7,405

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,252
  • Insurance Expense $2,670

Listing and Financial Details

  • Tenant pays for electric
  • $1,500 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

7,405 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
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 47024
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1339
  • Roof Coverings: Shingle Composition
  • Roof Structure: Pitched
  • Scavenger Expense: 1717
  • Total Annual Exp: 24700
  • Total Annual Income: 70320
  • Total Monthly Income: 5977
  • Unincorporated: Yes
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1968
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1968

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.17
  • Construction: Brick
  • Frontage Access: Public Road

Garage/Parking

  • Number Of Parking Spaces: 9

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Gas, Hot Water
  • Water Expense: 4945

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 378
  • Janitor Expense: 750

Lot Info

  • Lot Dimensions: 80X97
  • Land Amenities: Lighting/Exterior, Security Entrance
  • Parcel Identification Number: 09153070870000

Rental Info

  • Gross Rental Income: 71725
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 2252
  • Insurance Expense: 2670
  • Other Expenses: 112
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 12619
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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 Prior Sale
05/31/2018 05/31/18 Sold $607,500 +3.0% --
04/16/2018 04/16/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $590,000 +20.4% --
06/19/2015 06/19/15 Sold $490,000 -6.7% -- View Prior Sale
04/16/2015 04/16/15 Pending -- -- --
02/22/2015 02/22/15 For Sale $525,000 -- --
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 $15,638 $77,000 $6,258 $70,742
2024 $15,638 $57,700 $5,084 $52,616
2023 $14,872 $57,700 $5,084 $52,616
2022 $14,872 $57,700 $5,084 $52,616
2021 $14,745 $46,955 $7,822 $39,133
2020 $14,401 $46,955 $7,822 $39,133
2019 $14,563 $53,972 $7,822 $46,150
2018 $12,818 $41,685 $6,844 $34,841
2017 $14,594 $48,125 $6,844 $41,281
2016 $13,620 $48,125 $6,844 $41,281
2015 $11,761 $38,046 $5,866 $32,180
2014 $11,350 $38,046 $5,866 $32,180
2013 $12,191 $41,544 $5,866 $35,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09910408

Midwest Real Estate Data (MRED)
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