NOT LISTED FOR SALE
17 Beds
6 Baths
-- Sq Ft
1928 Built

Sale Details

Date Sold: May 11, 2021

Last sale price $777,000 $0 Per Sq Ft

434 Days on Market

About This Home

As of May 2021

Great investment opportunity in the Brainerd Neighborhood. All six (6) condo quality units have been completely gut renovated including, building mechanicals and common areas. This building has five (5) 3br units and one (1) 2br unit. All units are spacious. The property is currently fully tenanted and has consistent cash flow month over month with an amazing tenant base. This is a true turn-key property that is unrivaled by anything else on the market. This building brings in over $8k in monthly income. This property is for serious long-term investors that understand the value in quality construction and asset stability. This large corner property is located blocks away from local shopping and public transportation. Property Highlights Include: Fully gut renovated large units, new building mechanicals throughout including framing, HVAC, insulation, electrical, roof, and masonry. New coin operated machines in laundry room in building. New plumbing throughout including water main and underground plumbing system. New vinyl windows/capping. New hardwood floors throughout. Sold with all new stainless-steel appliances. New 600-amp electrical service. Fully renovated common areas.

Last Agent to Sell the Property

Anthony Golob

Halsted Taylor Real Estate License #471015175 Listed on: 11/21/2019

Last Buyer's Agent

Anthony Golob

Halsted Taylor Real Estate License #471015175 Listed on: 11/21/2019

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1928

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $100
  • Insurance Expense $350

Listing and Financial Details

  • Tenant pays for electric, heat, hot water

Property Details

Home Type

Multi-Family

Year Built

1928

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water to Site
  • Zoning Type: MULTI
  • Estimated Age: New Rehab
  • Net Operating Income Year: 2018
  • Net Oper Income: 65592
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 100
  • Roof Coverings: Rubber
  • Roof Structure: Pitched
  • Scavenger Expense: 215
  • Total Annual Exp: 31560
  • Total Annual Income: 97152
  • Total Monthly Income: 8096
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1928
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1928

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Fire Protection: Carbon Monoxide Detector(s)
  • Heatventilation: Central Heat/Indiv Controls, Forced Air, Gas, Separate Per Unit
  • Water Expense: 250

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 100
  • Electrical Service: 201-600 Amps
  • Janitor Expense: 100

Lot Info

  • Lot Dimensions: 7623
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Sidewalks, Cable Ready
  • Parcel Identification Number: 25053040170000

Rental Info

  • Gross Rental Income: 7946
  • Tenant Pays: Electric, Heat, Hot Water

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 100
  • Insurance Expense: 350
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 5493

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
Nov 21, 2019
Closed on
May 10, 2021
Sold by
Zigo Properties Llc
Bought by
Seller's Agent
Anthony Golob
Halsted Taylor Real Estate
Buyer's Agent
Anthony Golob
Halsted Taylor Real Estate
List Price
$850,000
Sold Price
$777,000
Premium/Discount to List
-$73,000
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,173
Outstanding Balance
$935
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 5, 2018
Closed on
Apr 30, 2018
Sold by
Elite Invest Llc Series 1000
Bought by
Zigo Properties Llc
Seller's Agent
Sunny Lamba
Publix Realty, Inc.
Buyer's Agent
Anthony Golob
Halsted Taylor Real Estate
List Price
$194,900
Sold Price
$160,000
Premium/Discount to List
-$34,900
-17.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.46%
Original Mortgage
$385,000
Interest Rate
4.45%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jul 1, 2015
Sold by
Fannie Mae
Bought by
Elite Invest Llc Series 1000
Seller's Agent
Naomi Nelson
Real People Realty
Buyer's Agent
Sunny Lamba
Publix Realty, Inc.
List Price
$98,900
Sold Price
$94,900
Premium/Discount to List
-$4,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.59%

Purchase Details

Closed on
Sep 9, 2013
Sold by
Mcnulty Queen Ester
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 2003
Sold by
Pinkney Willie Mae and Pinkney Josephine
Bought by
Mcnulty Queen Zeter and Pinkney Willie Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
6.49%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Brainerd, 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
$777,000 Chicago Title
Zigo Properties Llc $160,000 Fidelity National Title
Elite Invest Llc Series 1000 -- Premier Title
Federal National Mortgage Association -- Premier Title
Mcnulty Queen Zeter -- Multiple
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 $3,173
Previous Owner Zigo Properties Llc $385,000
Previous Owner Mcnulty Queen Zeter $166,400
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
05/11/2021 05/11/21 Sold $777,000 -2.6% --
01/28/2021 01/28/21 Pending -- -- --
09/21/2020 09/21/20 Price Changed $798,000 -3.3% --
05/26/2020 05/26/20 Price Changed $825,000 -2.4% --
01/17/2020 01/17/20 Price Changed $845,000 -0.6% --
11/21/2019 11/21/19 For Sale $850,000 +431.3% --
04/30/2018 04/30/18 Sold $160,000 -5.9% -- View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
03/01/2018 03/01/18 Price Changed $169,995 -8.5% --
02/21/2018 02/21/18 Price Changed $185,888 -2.2% --
01/12/2018 01/12/18 Price Changed $189,995 -2.5% --
01/05/2018 01/05/18 For Sale $194,900 -- --
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 $850 $11,520
2024 $850 $11,720
2022 $644 $8,880 $1,540 $7,340
2021 $644 $8,880 $1,540 $7,340
2020 $644 $8,880 $1,540 $7,340
2019 $644 $8,880 $0 $0
2018 $470 $6,480 $0 $0
2017 $470 $6,480 $0 $0
2016 $445 $6,140 $0 $0
2015 $445 $6,140 $0 $0
2014 $421 $6,060 $0 $0
2013 $421 $6,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10579104

Midwest Real Estate Data (MRED)
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