NOT LISTED FOR SALE

8840 N Root St Niles, IL 60714

Ballard Terrace Neighborhood
36 Beds
21 Baths
-- Sq Ft
1965 Built

Last Sold March 26, 2019

Last sale price $630,000

13 Days on Market

About This Home

As of March 2019

NILES 6 FLAT WITH 7 PARKING IN GREAT LOCATION. FULLY OCCUPIED WITH LONG TIME TENANTS. FIRST TIME IN THE MARKET FOR THE PAST 23 YEARS. LOW RENTS CLOSE TO TRANSPORTATION, EXPRESS WAY, SCHOOL AND HOSPITAL.

Last Agent to Sell the Property

Tina Paras

Coldwell Banker Realty License #475133681 Listed on: 12/29/2018

Coldwell Banker Realty

Last Buyer's Agent

Tina Paras

Coldwell Banker Realty License #475133681 Listed on: 12/29/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $2,200
  • Insurance Expense $2,000

Listing and Financial Details

  • Tenant pays for electric
  • $10,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Oper Income: 46557
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 1000
  • Scavenger Expense: 1890
  • Total Annual Exp: 24543
  • Total Annual Income: 71100
  • Total Monthly Income: 5925
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1965
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1965

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Central Bldg Heat, Baseboard
  • Water Expense: 2400

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 300

Lot Info

  • Lot Dimensions: 58 X 160
  • Parcel Identification Number: 09144080160000

Rental Info

  • Gross Rental Income: 69600
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 2200
  • Insurance Expense: 2000
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 14753

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 Change Sq Ft Price
03/26/2019 03/26/19 Sold $630,000 -9.9% --
01/11/2019 01/11/19 Pending -- -- --
12/29/2018 12/29/18 For Sale $699,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tina Paras

    Seller's Agent in 2019

    Tina Paras

    Coldwell Banker Realty

    (630) 977-9726

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10161562

Midwest Real Estate Data (MRED)

Illinois Cook County Niles 60714 Ballard Terrace

8840 N Root St, Niles, IL

This home is located at 8840 N Root St, Niles, IL 60714 since 29 December 2018. This property was built in 1965. 8840 N Root St is a home located in Cook County with nearby schools including V H Nelson Elementary School, Gemini Middle School, and Maine East High School.

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