Seller's Agent in 2017
Michael Tolliver
Atlas Asset Management Realty LLC
(312) 617-8095
22 Total Sales
897 Graceland Ave Des Plaines, IL 60016
15
Beds
11
Baths
--
Sq Ft
9,583
Sq Ft
About This Home
As of April 2017The subject property consists of a 9,607 SF land parcel that is improved with a three story, ~10,000 SF; cream colored masonry constructed apartment building with a total of 11 units. Subject has 12 surface parking spots on site. Heat is provided by an older steam boiler system. Hot water is provided by a single commercial size (100 gallon) hot water heater. The subject property has a partial basement that contains a laundry room and utility room. The property is currently 90% occupied. Thus far both the boiler and hot water heater need repair. The parking lot is in need of repair as well. The acquisition of the building presents an excellent opportunity for an investor to take advantage of strong rental cash flow and full ownership of all the units in this building. ***BUILDING CAN BE SOLD AS PART OF PACKAGED DEAL WITH A 9 UNIT, 100% OCCUPIED, BUILDING LOCATED AT 1475 ASHLAND AVE, DES PLAINES, IL***
Last Agent to Sell the Property
Atlas Asset Management Realty LLC License #471012301 Listed on: 03/29/2017
Co-Listed By
Jonathan Gil
Chicago Real Estate Resources License #471012042
Last Buyer's Agent
Atlas Asset Management Realty LLC License #471012301 Listed on: 03/29/2017
Property Details
Home Type
- Multi-Family
Year Built
- 1969
Lot Details
- 9,583
Home Design
- Brick Exterior Construction
- Slab Foundation
Listing and Financial Details
- Tenant pays for electric
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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 |
|---|---|---|---|---|
| 04/03/2017 04/03/17 | Sold | $1,015,000 | -15.4% | -- |
| 03/29/2017 03/29/17 | Pending | -- | -- | -- |
| 03/29/2017 03/29/17 | For Sale | $1,200,000 | -- | -- |
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 | $23,027 | $121,900 | $8,550 | $113,350 |
| 2024 | $23,027 | $87,337 | $13,300 | $74,037 |
| 2023 | $22,473 | $87,337 | $13,300 | $74,037 |
| 2022 | $22,473 | $87,337 | $13,300 | $74,037 |
| 2021 | $22,298 | $72,542 | $13,300 | $59,242 |
| 2020 | $21,922 | $72,542 | $13,300 | $59,242 |
| 2019 | $19,522 | $72,542 | $13,300 | $59,242 |
| 2018 | $17,191 | $57,483 | $7,600 | $49,883 |
| 2017 | $16,887 | $57,483 | $7,600 | $49,883 |
| 2016 | $15,973 | $57,483 | $7,600 | $49,883 |
| 2015 | $15,029 | $49,712 | $6,650 | $43,062 |
| 2014 | $14,712 | $49,712 | $6,650 | $43,062 |
| 2013 | $14,345 | $49,712 | $6,650 | $43,062 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Tolliver
-
J
Seller Co-Listing Agent in 2017
Jonathan Gil
Chicago Real Estate Resources
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09578709
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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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