NOT LISTED FOR SALE
29 Beds
13 Baths
-- Sq Ft
1916 Built

Last Sold May 19, 2016

Last sale price $885,000

35 Days on Market

About This Home

As of May 2016

LENDER OWNED! Unbelievably remodeled 13 unit practically across the street from Oak Park. Every apartment recently remodeled, new windows newer wrought iron back porches, newer balconies, new electric,every apartment has its own newer furnace, newer tuck pointing, new emergency lights, newer roof, skylight and gutters, newer plumbing, newer balconies,new sewer pipe.Great income and low expenses.

Last Agent to Sell the Property

Louis A. Virgilio

American Realty Services, Inc. License #471004630 Listed on: 01/21/2016

Last Buyer's Agent

David Urbaniak

@properties Commercial License #475114531

@properties Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,617

Year Built

  • Built in 1916

Bedrooms and Bathrooms

  • 29 Bedrooms
  • 13 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 54x150
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 13 Units

Building Details

  • Electric Expense $1,800
  • Insurance Expense $3,848
  • Maintenance Expense $8,400
  • Other Expense $1,780
  • Trash Expense $1,820
  • Water Sewer Expense $10,200
  • Operating Expense $37,465
  • Gross Income $163,320
  • Net Operating Income $125,855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,617

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1916
  • 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 Bathrooms: 13
  • Total Bedrooms: 29
  • Room: 1
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 899900

Utilities

  • Heat/Ventilation: Separate Per Unit

Fee Information

  • Trash Expense: 1820
  • Water Sewer Expenses: 10200
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 54X150
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10

Multi Family

  • Net Operating Income: 125855
  • Insurance Expense: 3848
  • ElectricExpense: 1800
  • GrossIncome: 163320
  • Maintenance Expense: 8400
  • NumberOfUnitsTotal: 13
  • OperatingExpense: 37465
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 9617
  • Tax Year: 2014

Range of Values:

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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 List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $885,000 -1.7% --
02/25/2016 02/25/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $899,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 09121873

Midwest Real Estate Data (MRED)