NOT LISTED FOR SALE

932 Elder Rd Homewood, IL 60430

7 Beds
4 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold July 17, 2018

Last sale price $325,000

11 Days on Market

About This Home

As of July 2018

Great investment opportunity, solid brick 4 unit building close to shopping, transportation and in an excellent school district. Fully occupied with high rents. Tenants pay electric and gas for their apartment. Newer roof and newer furnaces.Recently updated units and coin op washer and dryer for extra income. Great Homewood schools, easy to rent

Last Agent to Sell the Property

richard Peretz

HF Realty License #471016560 Listed on: 03/23/2018

Last Buyer's Agent

Annette Wagner

Baird & Warner License #475099077

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,192

Year Built

  • Built in 1966

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $48,400
  • Net Operating Income $24,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,192

Year Built

Built in 1966

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Forced Air
  • Water Source: Lake Michigan, Public

Fee Information

  • Other Expenses $: 23760

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 9300
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 24640
  • GrossIncome: 48400
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 12192
  • Tax Year: 2016
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2018 07/17/18 Sold $325,000 -4.4% --
04/03/2018 04/03/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $340,000 -- --
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 $17,141 $40,001 $3,953 $36,048
2024 $17,141 $40,001 $3,953 $36,048
2023 $15,460 $40,001 $3,953 $36,048
2022 $15,460 $28,820 $3,488 $25,332
2021 $14,416 $28,818 $3,487 $25,331
2020 $13,955 $28,818 $3,487 $25,331
2019 $14,943 $29,762 $3,255 $26,507
2018 $14,464 $29,762 $3,255 $26,507
2017 $14,479 $29,762 $3,255 $26,507
2016 $12,192 $24,555 $3,022 $21,533
2015 $12,078 $24,555 $3,022 $21,533
2014 $11,850 $24,555 $3,022 $21,533
2013 -- $24,190 $3,022 $21,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09894532

Midwest Real Estate Data (MRED)
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