$830,000
SOLD SEP 16, 2024

9587 Maple Dr Rosemont, IL 60018

9 Beds
6 Baths
-- Sq Ft
1967 Built

Recently Sold

2% Below List Price

27 Days on Market

Highlights

  • Baseboard Heating
  • East Leyden High School Rated A-
  • 3-minute walk to Dunne Park Recreation Center

About This Home

As of September 2024

Exceptional investment opportunity: This 6-unit property is in impeccable condition in both the interior and exterior. The building has been in the hands and management of the original owner and has been maintained extremely well for over 50 years. This is a stable investment, with loyal tenants, some with over 15+ years in the building. Rents are below market and have significant upside. Some of the major improvements done over the years include new asphalt paving in 2023, new roof in 2010, new attic insulation in 2020, new hot water heater in 2018, hallway and inside staircase remodel in 2021, which includes new carpet, new paint and decorative wall paneling. Additionally, the current owner has been heavily involved in the city's crime prevention measures and has gone above and beyond to ensure tenant and building safety. This includes the installation of an intercom system and double bolt locking system on exterior doors. This is truly a rare opportunity to own a stable investment in one of the most desired Chicago land area suburbs. Inquire for more information on rent roll, financials and to schedule a tour with 48-72-hour notice.

Last Agent to Sell the Property

Daniel Stoychev

Citypoint Illinois LLC License #475209999 Listed on: 04/11/2024

Last Buyer's Agent

Peter Deja

Cross County Realty Inc. License #475131065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,343

Year Built

  • Built in 1967

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $293
  • Fuel Expense $2,618
  • Insurance Expense $3,078
  • Maintenance Expense $3,885
  • Other Expense $45
  • Trash Expense $1,767
  • Water Sewer Expense $1,251
  • Operating Expense $31,281
  • Gross Income $78,900
  • Net Operating Income $49,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,343

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Possible Use: Multi-Family
  • Basement Description: Slab
  • Fire Protection: Smoke or Fire Protectors
  • Fireplaces: 1
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • List Price: 849000
  • Roof: Composition
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Baseboard

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 1767
  • Water Sewer Expenses: 1251
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 7000

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 49618
  • Fuel Expense: 2618
  • Insurance Expense: 3078
  • ElectricExpense: 293
  • GrossIncome: 78900
  • Maintenance Expense: 3885
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 31281
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 18343
  • Tax Year: 2022

Range of Values:

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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 Change Sq Ft Price
09/16/2024 09/16/24 Sold $830,000 -2.2% --
05/09/2024 05/09/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $849,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12026693

Midwest Real Estate Data (MRED)