NOT LISTED FOR SALE
26 Beds
12 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold April 25, 2017

Last sale price $350,000

135 Days on Market

About This Home

As of April 2017

***PRICE DROP = MOTIVATED SELLER*** 7955 S. Emerald consists (10) 2 bedroom & (2) 3 bedroom units - desirable unit mix! All units are individual furnace and hot water tanks; expenses are low. Newer windows and porches, smart metered, very low turnover, and Class 9 building. Located just a couple of blocks away of the future $21.5M Metra station planned along Metra's Rock Island District. Very low density area... a lot of upside!

Last Agent to Sell the Property

Marco Cesario

Jameson Commercial License #475142196 Listed on: 07/09/2016

Co-Listed By

Jeffrey Baasch

AW Properties Global/Auction Works License #475107724

Last Buyer's Agent

Shiree Booker

Realty One Group Heartland License #475148177

Realty One Group Heartland

Property Details

Home Type

  • Multi-Family

Year Built

  • 1914

Lot Details

  • 8,712

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $1,480
  • Insurance Expense $4,525

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1914

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 56245
  • Repairs Decor Expense: 3000
  • Roof Structure: Flat
  • Scavenger Expense: 1604
  • Total Annual Exp: 33465
  • Total Annual Income: 89709
  • Total Monthly Income: 8795
  • Number Of Stories: 2
  • Estimated Year Built: 1914
  • Type Multi Family: Flats
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1914

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.2
  • Construction: Brick, Concrete

Utilities

  • Heatventilation: Central Heat/Indiv Controls, Forced Air, Gas
  • Water Expense: 4375

Condo/Co-op/Association

  • Units in Building: 12

Fee Information

  • Electricity Expense: 899
  • Janitor Expense: 1500

Lot Info

  • Lot Dimensions: 71X125
  • Parcel Identification Number: 20331010230000

Rental Info

  • Gross Rental Income: 105540
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2015
  • Fuel Expense: 1480
  • Insurance Expense: 4525
  • Other Expenses: 11023

Tax Info

  • Taxes: 5060
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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
04/25/2017 04/25/17 Sold $350,000 -28.9% --
11/21/2016 11/21/16 Pending -- -- --
07/09/2016 07/09/16 For Sale $492,000 -- --
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 $12,303 $53,700 $8,559 $45,141
2024 $12,303 $53,700 $8,559 $45,141
2023 $11,993 $58,311 $8,108 $50,203
2022 $11,993 $58,311 $8,108 $50,203
2021 $11,726 $58,310 $8,108 $50,202
2020 $10,162 $45,619 $8,108 $37,511
2019 $9,165 $45,619 $8,108 $37,511
2018 $9,011 $45,619 $8,108 $37,511
2017 $9,527 $44,254 $7,432 $36,822
2016 $7,424 $37,066 $7,432 $29,634
2015 $5,060 $27,613 $7,432 $20,181
2014 $5,485 $29,565 $7,432 $22,133
2013 $5,377 $29,565 $7,432 $22,133
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09281756

Midwest Real Estate Data (MRED)

APN: 20331010230000

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