Jen Coyte
Coyte Advantage Realty
(630) 349-4592
56 Total Sales
1 in Des Plaines
$445,000 Price
897 Graceland Ave Des Plaines, IL 60016
Des Plaines Area
15
Beds
11
Baths
--
Sq Ft
9,583
Sq Ft Lot
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2017
Closed on
Apr 3, 2017
Sold by
Bought by
Seller's Agent
Michael Tolliver
Atlas Asset Management Realty LLC
Buyer's Agent
Michael Tolliver
Atlas Asset Management Realty LLC
List Price
$1,200,000
Sold Price
$1,015,000
Premium/Discount to List
-$185,000
-15.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 5, 2007
Sold by
Bought by
Purchase Details
Closed on
Jun 28, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Des Plaines, IL
-
Jen Coyte
-
Caesar Skiba
Caesar Skiba
Landmark Realtors
(844) 423-2258
52 Total Sales
2 in Des Plaines
$330K - $429K Price Range
-
Hugo Araujo
Hugo Araujo
Coldwell Banker Realty
(773) 819-6179
159 Total Sales
5 in Des Plaines
$269K - $690K Price Range
-
Stella Schening
Stella Schening
HomeSmart Connect LLC
(224) 222-1296
70 Total Sales
1 in Des Plaines
$335,000 Price
-
Diense Baniak
Diense Baniak
Baird & Warner
(224) 306-1304
107 Total Sales
5 in Des Plaines
$155K - $515K Price Range
-
Courtney Caraway
Courtney Caraway
Gallery Realty Inc.
(773) 900-6135
208 Total Sales
1 in Des Plaines
$316,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,015,000 | Chicago Title | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $812,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2017
Michael Tolliver
Atlas Asset Management Realty LLC
(312) 617-8095
20 Total Sales
-
J
Seller Co-Listing Agent in 2017
Jonathan Gil
Chicago Real Estate Resources
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09578709
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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