NOT LISTED FOR SALE

9910 Pacific Ave Franklin Park, IL 60131

12 Beds
12 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold December 22, 2017

Last sale price $750,000

28 Days on Market

Highlights

  • Central Heating
  • North Elementary School Rated 9+
  • Heating System Uses Steam

About This Home

As of December 2017

INVESTMENT OPPORTUNITY IN GREAT IN TOWN LOCATION...WALK TO TRAIN, SHOPPING, POOL. ALL BRICK 12 UNIT "CALIFORNIA STYLE" APARTMENT BUILDING...ALL 1BR APRTMENTS PLUS FULL BASEMENT. MANY UPDATES LAUNDRY, STORAGE AND PARKING IN REAR. VILLAGE COMPLIANT BLDG. GOOD CONDITION & CURB APPEAL...DON'T WAIT THIS MONEY MAKER WILL NOT LAST!!!

Last Agent to Sell the Property

Riley Mockler

Avenue 1 Realty Group Inc License #475150778 Listed on: 10/03/2017

Last Buyer's Agent

Jerzy Mastalerczyk

Compass License #475171335

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,258

Year Built

  • Built in 1965

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 60x136
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $5,800
  • Insurance Expense $2,500
  • Other Expense $850
  • Trash Expense $4,100
  • Water Sewer Expense $5,000
  • Operating Expense $18,000
  • Gross Income $108,000
  • Net Operating Income $74,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,258

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 12
  • Fireplaces: 2
  • Refrigerators: 12
  • Ranges: 12
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Central Bldg Heat,Gas,Steam,Radiant
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 4100
  • Water Sewer Expenses: 5000

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.08
  • Lot Dimensions: 60X136
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 16

Multi Family

  • Net Operating Income: 74000
  • Fuel Expense: 5800
  • Insurance Expense: 2500
  • ElectricExpense: 600
  • GrossIncome: 108000
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 18000
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 18258
  • Tax Year: 2015
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/24/2018 03/24/18 Off Market $750,000 -- --
12/22/2017 12/22/17 Sold $750,000 -1.3% --
10/31/2017 10/31/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $760,000 -- --
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
2025 $9,719 $41,799 $3,740 $38,059
2024 $9,719 $31,646 $4,760 $26,886
2023 $10,029 $31,646 $4,760 $26,886
2022 $10,029 $31,646 $4,760 $26,886
2021 $9,004 $22,732 $4,760 $17,972
2020 $9,004 $23,893 $4,760 $19,133
2019 $8,278 $23,893 $4,760 $19,133
2018 $9,350 $23,173 $2,890 $20,283
2017 $9,216 $23,173 $2,890 $20,283
2016 $8,565 $23,173 $2,890 $20,283
2015 $7,993 $20,470 $2,720 $17,750
2014 $7,782 $20,470 $2,720 $17,750
2013 $7,213 $20,470 $2,720 $17,750
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09767687

Midwest Real Estate Data (MRED)