NOT LISTED FOR SALE

9660 Golf Terrace Des Plaines, IL 60016

9 Beds
6 Baths
4,928 Sq Ft
8,981 Sq Ft Lot Lot

Sale Details

Date Sold: June 21, 2021

Last sale price $640,000 $130 Per Sq Ft

8 Days on Market

About This Home

As of June 2021

Hot rental area/location, Perfect investment opportunity, Nicely updated building, with great cash flow and updates throughout. Free standing brick 6 flat 3-2 bedrooms & 3-1 bedrooms. Washer and dryer in building Only 2 unit will be shown at the time of the showing. Close to Golf mill, Restaurants, x-ways, Lutheran General Hospital. All showings require proof of funds or pre-approval. Serious Buyers only! It is Golf Terrace Building Owner Association - owner pay $200.00 per month, which included: snow removal, lawn care and garbage collection.

Last Agent to Sell the Property

Anna Kaluza

Chicagoland Brokers, Inc. License #475134260 Listed on: 04/12/2021

Chicagoland Brokers, Inc.

Last Buyer's Agent

Yee Ng

Century 21 S.G.R., Inc. License #475158840

Century 21 S.G.R., Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,900

Year Built

  • Built in 1970

Lot Details

  • 8,981 Sq Ft Lot
  • Lot Dimensions are 103x56x103x53

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,928 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 6 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $1,800
  • Insurance Expense $1,858
  • Maintenance Expense $1,300
  • Manager Expense $200
  • Trash Expense $1,200
  • Water Sewer Expense $3,200
  • Operating Expense $24,280
  • Gross Income $70,350
  • Net Operating Income $46,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,900

Year Built

Built in 1970

Lot Details

8,981 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,No Sign on Property
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Frontage Type: None
  • Exterior Building Type: Brick

Utilities

  • Cooling: Window Unit(s)
  • Electric: Separate Meters
  • Heat/Ventilation: Gas,Hot Water
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 200
  • Conversion YN: N
  • Owners Association (Y/N): Yes

Fee Information

  • Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal, Other
  • Trash Expense: 1200
  • Water Sewer Expenses: 3200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 103X56X103X53
  • Lot Size Sq Ft: 8981
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Month To Month

Building Info

  • BuildingAreaTotal: 4928

Multi Family

  • Net Operating Income: 46220
  • Fuel Expense: 1800
  • Insurance Expense: 1858
  • ElectricExpense: 360
  • GrossIncome: 70350
  • Maintenance Expense: 1300
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24280
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 13900
  • Tax Year: 2019
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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 Prior Sale
06/21/2021 06/21/21 Sold $640,000 +0.8% $130 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/20/2021 04/20/21 For Sale -- -- --
04/20/2021 04/20/21 For Sale $635,000 0.0% $129 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $635,000 +24.5% $129 / Sq Ft
08/27/2015 08/27/15 Sold $510,000 -2.9% $103 / Sq Ft View Prior Sale
03/04/2015 03/04/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $525,000 -- $107 / Sq Ft
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 $15,504 $75,000 $7,185 $67,815
2024 $15,504 $60,000 $5,838 $54,162
2023 $14,733 $60,000 $5,838 $54,162
2022 $14,733 $60,000 $5,838 $54,162
2021 $14,386 $48,137 $8,981 $39,156
2020 $14,061 $48,137 $8,981 $39,156
2019 $14,205 $55,330 $8,981 $46,349
2018 $13,959 $47,965 $7,858 $40,107
2017 $13,726 $47,965 $7,858 $40,107
2016 $12,823 $47,965 $7,858 $40,107
2015 $11,320 $38,767 $6,735 $32,032
2014 $10,933 $38,767 $6,735 $32,032
2013 $11,823 $42,648 $6,735 $35,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11050972

Midwest Real Estate Data (MRED)
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