NOT LISTED FOR SALE

14015 S Stewart Ave Riverdale, IL 60827

Riverdale Area
12 Beds
6 Baths
800 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: April 28, 2023

Last sale price $245,000 $306 Per Sq Ft

186 Days on Market

About This Home

As of April 2023

Investors welcome to your next portfolio addition. This cash flowing huge brick 6 unit is now available. (6) 2 bedroom 1 bathroom spacious units. Comfortable sized living and bedrooms plus eat-in kitchens. Units were newly renovated in 2020 including stoves, refrigerators and air conditioning units. Conveniently located near I-57 & I-94 and a 10 minute walk to the Metra at University Park. This property would be a great addition to any portfolio as the units are all turn key and great paying renters.

Last Agent to Sell the Property

Enrique Trejo

Re/Max In The Village License #475177880 Listed on: 08/22/2022

Re/Max In The Village

Last Buyer's Agent

Will Littaua

Baird & Warner License #475148238

Baird & Warner

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Additional Parcels

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • Association fees include water, gas, parking, insurance, exterior maintenance, snow removal
  • 6 Units

Building Details

  • Fuel Expense $7,410
  • Insurance Expense $2,233
  • Gross Income $56,400
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • 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: 12
  • Basement Description: Unfinished
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

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

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Exterior Maintenance, Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.07
  • Lot Dimensions: 50X125
  • Zoning: MULTI

Rental Info

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

Building Info

  • Building Unit Info: Fire Alarm,Smoke/Alarm Detector,Some Units Furnished

Multi Family

  • Net Operating Income: 32000
  • Fuel Expense: 7410
  • Insurance Expense: 2233
  • GrossIncome: 56400
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 14049
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Apr 28, 2023
Sold by
Bought by
Seller's Agent
Enrique Trejo
Re/Max In The Village
Buyer's Agent
Will Littaua
Baird & Warner
List Price
$274,999
Sold Price
$245,000
Premium/Discount to List
-$29,999
-10.91%
Views
44

Purchase Details

Listed on
Nov 10, 2020
Closed on
Mar 19, 2021
Sold by
Bought by
Seller's Agent
Jake Steinle
Compass
Buyer's Agent
Enrique Trejo
Re/Max In The Village
List Price
$210,000
Sold Price
$165,000
Premium/Discount to List
-$45,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%
Original Mortgage
$123,000
Interest Rate
0.0425%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 19, 2016
Closed on
Mar 17, 2017
Sold by
Bought by
Seller's Agent
James Mattz
Keller Williams Preferred Rlty
Buyer's Agent
Elizabeth Willis-Ford
Devyne Realty
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.42%

Purchase Details

Closed on
Dec 20, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
0.0623%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 Citywide Title
-- Citywide Title Corporation
$62,000 Attorney
$210,500 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $123,000
Previous Owner $336,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $245,000 0.0% $306 / Sq Ft
04/03/2023 04/03/23 Off Market $245,000 -- --
02/24/2023 02/24/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $274,999 +12.2% $344 / Sq Ft
02/22/2023 02/22/23 Off Market $245,000 -- --
10/21/2022 10/21/22 Price Changed $274,999 -4.8% $344 / Sq Ft
10/14/2022 10/14/22 Price Changed $289,000 -3.6% $361 / Sq Ft
08/22/2022 08/22/22 For Sale $299,900 +81.8% $375 / Sq Ft
03/29/2021 03/29/21 Sold $165,000 -21.4% -- View Prior Sale
12/05/2020 12/05/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $210,000 +238.7% --
03/17/2017 03/17/17 Sold $62,000 -11.3% -- View Prior Sale
12/13/2016 12/13/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $69,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,967 $12,934 $1,328 $11,606
2024 $9,967 $12,934 $1,328 $11,606
2023 $9,328 $12,934 $1,328 $11,606
2022 $9,328 $9,675 $1,172 $8,503
2021 $9,113 $9,673 $1,171 $8,502
2020 $8,673 $9,673 $1,171 $8,502
2019 $9,434 $10,006 $1,093 $8,913
2018 $10,397 $11,519 $1,093 $10,426
2017 $9,931 $11,519 $1,093 $10,426
2016 $7,172 $8,899 $1,015 $7,884
2015 $8,098 $10,279 $1,015 $9,264
2014 $7,980 $10,279 $1,015 $9,264
2013 $6,984 $9,716 $1,015 $8,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11610590

Midwest Real Estate Data (MRED)
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