NOT LISTED FOR SALE

8870 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

12 Days on Market

Highlights

  • Central Heating
  • Baseboard Heating
  • 1-minute walk to Ballard Park
  • Maine East High School Rated A

About This Home

As of March 2019

GREAT INVESTMENT, CAN BE PURCHASED TOGETHER WITH 8840 ROOT. LONG TIME TENANTS, RENTS CAN BE INCREASED FOR MORE INCOME. CLOSE TO TRANSPORTATION SCHOOLS, HOSPITAL XPRES WAY.

Last Agent to Sell the Property

Tina Paras

Coldwell Banker Realty License #475133681 Listed on: 12/30/2018

Coldwell Banker Realty

Last Buyer's Agent

Tina Paras

Coldwell Banker Realty License #475133681 Listed on: 12/30/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,862

Year Built

  • Built in 1965

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 21 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Baseboard Heating

Additional Features

  • 3-Story Property
  • Lot Dimensions are 58x161

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $2,700
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Trash Expense $1,890
  • Water Sewer Expense $3,400
  • Operating Expense $25,152
  • Gross Income $69,600
  • Net Operating Income $45,948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,862

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 21
  • Total Bedrooms: 36
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 5
  • Room: 5
  • Room: 0

Exterior Features

  • List Price: 699000
  • Exterior Building Type: Brick

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Central Bldg Heat,Baseboard

Fee Information

  • Trash Expense: 1890
  • Water Sewer Expenses: 3400
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 58X161
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 2

Multi Family

  • Net Operating Income: 45948
  • Fuel Expense: 2700
  • Insurance Expense: 2000
  • ElectricExpense: 300
  • GrossIncome: 69600
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 25152
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 13862
  • Tax Year: 2016

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 -- -- --
12/30/2018 12/30/18 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: 10161722

Midwest Real Estate Data (MRED)

Illinois Cook County Niles 60714 Ballard Terrace

8870 N Root St, Niles, IL

This home is located at 8870 N Root St, Niles, IL 60714 since 30 December 2018. This property was built in 1965. 8870 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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