NOT LISTED FOR SALE

9662 Golf Terrace Des Plaines, IL 60016

9 Beds
-- Bath
-- Sq Ft
9,343 Sq Ft Lot

Last Sold June 07, 2024

Last sale price $750,000

5 Days on Market

About This Home

As of June 2024

This is a great investment opportunity to own a six multi unit building. Featuring three two bedroom apartments with hardwood floors and three one bedroom apartments. The four apartments have hardwood floors. Coin laundry in basement. 11 assigned parking spaces. Entire building has brand new windows, building was tuckpointed three years ago, roof is newer, new hot water tank and newer bolier. Garden apartment and rear stairwell freshly painted. Current rent rates are lower than regular current market rates due to stable long term tenants. Located close to the expressway, Golf Mill Shopping center and great restaurants. "SOLD as IS"

Last Agent to Sell the Property

Dora Karlos

Berkshire Hathaway HomeServices Starck Real Estate License #475168502 Listed on: 04/04/2024

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,359

Year Built

  • Built in 1969

Lot Details

  • 9,343 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 9 Bedrooms
  • 3-Story Property

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $1,400
  • Insurance Expense $1,600
  • Water Sewer Expense $1,200
  • Operating Expense $6,240
  • Gross Income $64,440
  • Net Operating Income $50,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,359

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1969
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 9
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 779000
  • Exterior Building Type: Brick

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Baseboard

Condo/Co-op/Association

  • Owners Association (Y/N): Yes

Fee Information

  • Water Sewer Expenses: 1200
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0.215
  • Lot Size Sq Ft: 9343
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 50160
  • Fuel Expense: 1400
  • Insurance Expense: 1600
  • ElectricExpense: 600
  • GrossIncome: 64440
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 6240
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 7359
  • Tax Year: 2022

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $750,000 -3.7% --
04/11/2024 04/11/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $779,000 -- --
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: 11936247

Midwest Real Estate Data (MRED)