NOT LISTED FOR SALE

9370 Golf Rd Des Plaines, IL 60016

11 Beds
6 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold November 24, 2020

Last sale price $615,000

7 Days on Market

About This Home

As of November 2020

Excellent opportunity to own a well maintained and profitable six unit investment property in Des Plaines located conveniently on Golf Rd. near I-294. All units have had recent kitchen updates and are in good condition. Building has a newer boiler, installed in 2015. Also a 100 gallon commercial water heater installed in 2017. Coin-op washer and dryer were installed in 2018 & 2019. Five of the six units are occupied with long term tenants. The 6th unit will have a new tenant by October 1st.

Last Agent to Sell the Property

James Pogorelec

RPM DuPage Preferred License #471016829 Listed on: 09/09/2020

Last Buyer's Agent

Khawaja Nizamuddin

White Stairs Inc License #475144359

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction

Community Details

  • Fuel Expense $2,811

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2019
  • Net Oper Income: 52989
  • Repairs Decor Expense: 2500
  • Total Annual Exp: 19947
  • Total Annual Income: 72936
  • Total Monthly Income: 6078
  • Number Of Stories: 3
  • Estimated Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1979

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.06

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Heatventilation: Central Bldg Heat
  • Water Expense: 5926

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 790
  • Janitor Expense: 1200

Lot Info

  • Lot Dimensions: 2649
  • Lot Sq Ft: 2649
  • Parcel Identification Number: 09103011040000

Rental Info

  • Gross Rental Income: 72936
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2019
  • Fuel Expense: 2811
  • Other Expenses: 6720

Tax Info

  • Taxes: 14273
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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
11/24/2020 11/24/20 Sold $615,000 -2.2% --
09/16/2020 09/16/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $629,000 -- --
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 $15,968 $80,000 $2,119 $77,881
2024 $15,968 $61,501 $1,722 $59,779
2023 $15,179 $61,501 $1,722 $59,779
2022 $15,179 $61,501 $1,722 $59,779
2021 $14,452 $48,086 $2,649 $45,437
2020 $14,127 $48,086 $2,649 $45,437
2019 $14,273 $55,272 $2,649 $52,623
2018 $14,668 $50,080 $2,317 $47,763
2017 $14,425 $50,080 $2,317 $47,763
2016 $13,471 $50,080 $2,317 $47,763
2015 $14,063 $47,860 $1,986 $45,874
2014 $13,585 $47,860 $1,986 $45,874
2013 $13,352 $47,860 $1,986 $45,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10851310

Midwest Real Estate Data (MRED)
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