NOT LISTED FOR SALE

Estimated Value: $3,458,468

41 Beds
33 Baths
-- Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: August 5, 2024

Last sale price $3,100,000

Est. 12% increase in value since last sale

Current estimated payment $25,411 / mo

28 Days on Market

About This Home

As of August 2024

(34) Unit Low-Rise Apartment building. Award Winning Vintage Building of the Year! Extra character with Brick exterior and beautiful hardwood in units. Convenient location close to downtown Aurora, Metra, schools and shopping. Easy to Ell units with strong history of occupancy. (4) studios, (18) 1 Beds, (12) 2 beds. Ownership gets reimbursed for gas, electricity and water. Additional income from coin laundry in basement.

Last Agent to Sell the Property

CJ McCann

Keller Williams Premiere Properties License #475158020 Listed on: 01/22/2024

Keller Williams Premiere Properties

Co-Listed By

Mehboob Fidai

Keller Williams Premiere Properties License #475183120

Last Buyer's Agent

CJ McCann

Keller Williams Premiere Properties License #475158020 Listed on: 01/22/2024

Keller Williams Premiere Properties
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $62,314

Year Built

  • Built in 1939

Lot Details

  • 0.45

Home Design

  • Garden Apartment

Bedrooms and Bathrooms

  • 41 Bedrooms
  • 33 Bathrooms

Additional Features

  • 3-Story Property
  • 19,602 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, sewer

Community Details

Overview

  • 34 Units

Building Details

  • Electric Expense $2,947
  • Fuel Expense $15,589
  • Insurance Expense $13,500
  • Maintenance Expense $33,702
  • Manager Expense $16,851
  • Other Expense $14,507
  • Trash Expense $3,346
  • Water Sewer Expense $16,160
  • Operating Expense $159,395
  • Gross Income $393,312
  • Net Operating Income $233,917

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$62,314

Year Built

Built in 1939

Lot Details

0.45 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Garden Complex
  • Stories: 3
  • Year Built: 1939
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany,Show-Call Listing Office
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 33
  • Total Bedrooms: 41
  • Dishwashers: 34
  • Room: 0

Utilities

  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Manager Expense: 16851
  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 3346
  • Water Sewer Expenses: 16160

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.45
  • Lot Dimensions: 19800
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
  • Board Number: 10

Multi Family

  • Net Operating Income: 233917
  • Fuel Expense: 15589
  • Insurance Expense: 13500
  • ElectricExpense: 2947
  • GrossIncome: 393312
  • Maintenance Expense: 33702
  • NumberOfUnitsTotal: 34
  • OperatingExpense: 159395
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 62314
  • Tax Year: 2022

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

Closed on
Jan 6, 2025
Sold by
Bought by
Current Estimated Value
$3,458,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,091,181
Interest Rate
5.6%
Mortgage Type
New Conventional
Estimated Equity
$367,287

Purchase Details

Listed on
Jan 22, 2024
Closed on
Jul 30, 2024
Sold by
Bought by
Seller's Agent
CJ McCann
Keller Williams Premiere Properties
Buyer's Agent
CJ McCann
Keller Williams Premiere Properties
List Price
$3,200,000
Sold Price
$3,100,000
Premium/Discount to List
-$100,000
-3.12%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$250,000
Interest Rate
6.73%

Purchase Details

Closed on
Nov 23, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Proper Title
-- Proper Title
$2,500,000 Chicago Title
$1,850,000 Multiple
$937,500 --
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
Open $3,500,000
Previous Owner $250,000
Previous Owner $2,568,000
Previous Owner $1,875,000
Previous Owner $1,480,000
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
08/05/2024 08/05/24 Sold $3,100,000 -3.1% --
04/22/2024 04/22/24 For Sale $3,200,000 +3.2% --
04/19/2024 04/19/24 Off Market $3,100,000 -- --
02/19/2024 02/19/24 Pending -- -- --
01/22/2024 01/22/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $3,200,000 -- --
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 $76,388 $1,028,459 $59,498 $968,961
2024 $76,388 $940,177 $54,391 $885,786
2023 $72,388 $840,044 $48,598 $791,446
2022 $62,314 $699,508 $44,341 $655,167
2021 $59,893 $651,250 $41,282 $609,968
2020 $57,026 $604,914 $38,345 $566,569
2019 $59,378 $603,042 $35,528 $567,514
2018 $58,243 $579,340 $32,863 $546,477
2017 $55,343 $533,806 $30,280 $503,526
2016 $53,993 $504,207 $25,956 $478,251
2015 -- $436,246 $22,320 $413,926
2014 -- $407,855 $20,513 $387,342
2013 -- $391,441 $20,221 $371,220
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11964390

Midwest Real Estate Data (MRED)

APN: 15-21-259-003

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