NOT LISTED FOR SALE
16 Beds
30 Baths
-- Sq Ft
0.75 Acres

Last Sold May 31, 2019

Last sale price $1,230,000

160 Days on Market

About This Home

As of May 2019

Property Id: 1180289

One bed one bath on first floor. Tenant responsible for electric only. Spacious with natural light. Garage parking available for additional fee

Last Agent to Sell the Property

Edward Liss

Triton Realty Group LLC Listed on: 09/11/2018

Last Buyer's Agent

Gary Lucido

Lucid Realty, Inc. License #471004524

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,485

Year Built

  • 1959

Lot Details

  • 0.75

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $3,561
  • Insurance Expense $3,565
  • Manager Expense $10,401

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,485

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2018
  • Net Oper Income: 106046
  • Repairs Decor Expense: 4500
  • Roof Structure: Flat
  • Scavenger Expense: 4795
  • Total Annual Exp: 101967
  • Total Annual Income: 208013
  • Total Monthly Income: 18240
  • Number of Ranges: 30
  • Number Of Refrigs: 30
  • Number Of Stories: 2
  • Estimated Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1959

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.75
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 13-18 Spaces
  • Number Of Parking Spaces: 16

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Electric, Baseboard
  • Water Expense: 17257

Condo/Co-op/Association

  • Units in Building: 30
  • Manager Expense: 10401

Fee Information

  • Electricity Expense: 3453
  • Electrical Service: Circuit Breakers, Fuses
  • Janitor Expense: 8100

Lot Info

  • Lot Dimensions: 32629 SF
  • Lot Sq Ft: 32629
  • Parcel Identification Number: 1528378015

Rental Info

  • Gross Rental Income: 218879
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 3561
  • Insurance Expense: 3565
  • Other Expenses: 15000
  • Number Of Dryers: 2
  • Number Of Washers: 2

Tax Info

  • Taxes: 31335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
May 30, 2019
Sold by
Trust Number 8002351676
Bought by
Asumoni Property Management Llc
Seller's Agent
Edward Liss
Triton Realty Group LLC
Buyer's Agent
Gary Lucido
Lucid Realty, Inc.
List Price
$1,325,000
Sold Price
$1,230,000
Premium/Discount to List
-$95,000
-7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$861,000
Interest Rate
4.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2016
Sold by
Conforti Properties Inc
Bought by
Chicago Title Land Trust Company and Trust #8002351676

Purchase Details

Closed on
May 16, 2008
Sold by
Oliver Apartments Llc
Bought by
Conforti Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
5.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2007
Sold by
Dhk Properties Llc
Bought by
Oliver Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,148,000
Interest Rate
6.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Asumoni Property Management Llc $1,230,000 Multiple
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Conforti Properties Inc $1,150,000 Chicago Title Insurance Co
Oliver Apartments Llc $1,350,000 Ticor Title Insurance Co
Dhk Properties Llc $980,000 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asumoni Property Management Ll $743,294
Closed Asumoni Property Management Llc $861,000
Previous Owner Conforti Properties Inc $730,801
Previous Owner Conforti Properties Inc $1,035,000
Previous Owner Dhk Properties Llc $1,148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 For Rent $850 0.0% --
05/31/2019 05/31/19 Sold $1,230,000 -7.2% --
02/18/2019 02/18/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $1,325,000 0.0% --
02/01/2019 02/01/19 Price Changed $1,325,000 -7.0% --
01/10/2019 01/10/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $1,425,000 0.0% --
11/16/2018 11/16/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $1,425,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $39,485 $498,673 $14,505 $484,168
2023 $38,164 $445,562 $12,960 $432,602
2022 $35,986 $406,535 $11,825 $394,710
2021 $34,580 $378,489 $11,009 $367,480
2020 $32,912 $351,560 $10,226 $341,334
2019 $31,672 $323,902 $9,475 $314,427
2018 $27,332 $273,783 $8,764 $265,019
2017 $25,962 $252,265 $8,075 $244,190
2016 $29,853 $281,011 $6,922 $274,089
2015 -- $241,039 $5,952 $235,087
2014 -- $231,569 $5,470 $226,099
2013 -- $221,445 $5,392 $216,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10079615

Midwest Real Estate Data (MRED)

APN: 15-28-378-015