NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: May 24, 2023

Last sale price $550,000

6 Days on Market

About This Home

As of May 2023

5 unit investment building in an excellent location with incredible cash flow! All units are well maintained & the building is fully leased. Three 2 bedroom units and two 1 bedroom units. Tenants pays gas and electric. (separately metered). Huge backyard. Coin-op laundry on premises provides additional cash flow. Newer siding, newer windows, newer roof (Oct 2014). 4 of the 5 apartments have been remodeled. Close distance to the Lombard train station, downtown Lombard, Paradise Bay Water Park, schools, restaurants + highways!

Last Agent to Sell the Property

Brittany Simon

Compass License #475138382 Listed on: 04/19/2023

Compass

Last Buyer's Agent

Samuel Meyer

Dwelle Realty LLC License #471021043

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,079

Year Built

  • Built in 1924

Lot Details

  • 12,351 Sq Ft Lot
  • Lot Dimensions are 61x200

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Mixed Use
  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $375
  • Fuel Expense $4,000
  • Insurance Expense $2,800
  • Other Expense $2,000
  • Trash Expense $1,775
  • Water Sewer Expense $2,500
  • Operating Expense $11,850
  • Gross Income $67,800
  • Net Operating Income $48,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,079

Year Built

Built in 1924

Lot Details

0.28 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1924
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Possible Use: Multi-Family
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Exterior Building Type: Vinyl Siding
  • Roof Structure: Pitched
  • Misc Outside: Enclosed Stairs,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Fuses, Separate Meters, Service - 0 to 100 Amps
  • Heat/Ventilation: Gas,Hot Water,Baseboard

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 1775
  • Water Sewer Expenses: 2500
  • Operating Expense Includes: Maintenance,Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.27
  • Lot Dimensions: 61X200
  • Lot Size Sq Ft: 12351
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Other
  • Board Number: 10

Multi Family

  • Net Operating Income: 48078
  • Fuel Expense: 4000
  • Insurance Expense: 2800
  • ElectricExpense: 375
  • GrossIncome: 67800
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 11850
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 9078.74
  • Tax Year: 2021

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
Mar 27, 2026
Sold by
1016 East Division Llc and 912 East St Charles Llc
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
$1,592,250
Outstanding Balance
$1,587,480
Interest Rate
6.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 24, 2023
Sold by
Ldp Properties Llc
Bought by
912 East St Charles Llc
Seller's Agent
Brittany Simon
Compass
Buyer's Agent
Samuel Meyer
Dwelle Realty LLC
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%
Views
51

Purchase Details

Listed on
Apr 23, 2019
Closed on
Sep 25, 2019
Sold by
Queenie Family Limited Partnership
Bought by
Ldp Properties Llc
Seller's Agent
Vivek Pinto
Vivek D Pinto
Buyer's Agent
Brittany Simon
Compass
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$348,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 17, 2014
Closed on
Jul 1, 2015
Sold by
Twin Oaks Asset Management Llc
Bought by
Queenie Family Limited Partnership
Seller's Agent
Charles Kirkwood
Coldwell Banker Real Estate Group
Buyer's Agent
Wendy Wight
@properties Christie's International Real Estate
List Price
$347,500
Sold Price
$305,000
Premium/Discount to List
-$42,500
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$241,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2006
Sold by
Lucky 5 Investments Llc
Bought by
Twin Oaks Asset Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
6.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2004
Sold by
Holcomb Ken
Bought by
Lucky 5 Investments Llc

Purchase Details

Closed on
Feb 3, 2003
Sold by
Allison David C and Allison Patricia A
Bought by
Holcomb Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2002
Sold by
Lydon Michael J and Lydon Gina M
Bought by
Allison David C and Allison Patricia A

Purchase Details

Closed on
Jan 5, 2000
Sold by
Shevchuk Vasily and Shevchuk Lyubov
Bought by
Lydon Michael J and Lydon Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 1996
Sold by
Hayes Edward L and Kopp Julie L
Bought by
Hayes Virginia M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Lombard, IL

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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
$2,123,000 Chicago Title Company
912 East St Charles Llc $550,000 Ata/Gmt Title Agency
Ldp Properties Llc $435,000 Attorney
Queenie Family Limited Partnership $305,000 First American Title Company
Twin Oaks Asset Management Llc $339,500 Multiple
Lucky 5 Investments Llc -- Chicago Title Insurance Comp
Holcomb Ken $270,000 Preferred Title Ins Agency
Allison David C $22,000 --
Lydon Michael J $195,000 --
Hayes Virginia M -- --
Shevchuk Vasily $162,000 --
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 $1,592,250
Previous Owner Ldp Properties Llc $348,000
Previous Owner Queenie Family Limited Partnership $241,000
Previous Owner Twin Oaks Asset Management Llc $271,500
Previous Owner Holcomb Ken $210,000
Previous Owner Lydon Michael J $156,000
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 Prior Sale
05/24/2023 05/24/23 Sold $550,000 -8.3% --
04/26/2023 04/26/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $599,900 +37.9% --
09/25/2019 09/25/19 Sold $435,000 -3.1% -- View Prior Sale
09/06/2019 09/06/19 For Sale $449,000 +3.2% --
08/31/2019 08/31/19 Off Market $435,000 -- --
08/07/2019 08/07/19 For Sale $449,000 +3.2% --
07/31/2019 07/31/19 Off Market $435,000 -- --
07/13/2019 07/13/19 Pending -- -- --
07/12/2019 07/12/19 Pending -- -- --
07/10/2019 07/10/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $449,000 -4.3% --
04/23/2019 04/23/19 For Sale $469,000 +53.8% --
07/01/2015 07/01/15 Sold $305,000 -12.2% -- View Prior Sale
05/28/2015 05/28/15 Pending -- -- --
09/17/2014 09/17/14 For Sale $347,500 -- --
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
2024 $12,771 $173,435 $38,930 $134,505
2023 $12,245 $160,380 $36,000 $124,380
2022 $9,385 $124,290 $20,890 $103,400
2021 $9,079 $121,200 $20,370 $100,830
2020 $8,902 $118,540 $19,920 $98,620
2019 $8,407 $112,700 $18,940 $93,760
2018 $8,364 $106,680 $17,930 $88,750
2017 $8,185 $101,660 $17,090 $84,570
2016 $8,612 $101,660 $16,100 $85,560
2015 $9,097 $104,400 $15,000 $89,400
2014 $8,727 $99,610 $25,520 $74,090
2013 $8,584 $101,010 $25,880 $75,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11756837

Midwest Real Estate Data (MRED)
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