$1,300,000
PENDING

Estimated payment $7,948/month

Total Views 1,794
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.72 Acre Lot
  • Clifford Johnson School Rated A-
  • Central Heating and Cooling System

About This Home

Rare opportunity to purchase an 8 unit building in a prime location. 4 units are 1 bedroom/1 bath and the other 4 units have 2 bedrooms / 1 bath. 6 of the units have been fully renovated, 1 partially renovated, and one that has not been renovated due to long term tenant in place. All new windows in 2022. 2 coin-op washers and 2 coin-op dryers offer additional income. Just north of I-88, close to shopping, restaurants, etc.

Listing Agent

Frank Passaro

Baird & Warner License #471001055 Listed on: 11/18/2025

Baird & Warner

Co-Listing Agent

Tom Passaro

Baird & Warner License #471005480

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,805

Year Built

  • Built in 1961

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 100x317x100x315
  • Property fronts a county road

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $908
  • Fuel Expense $1,436
  • Insurance Expense $3,000
  • Maintenance Expense $9,600
  • Manager Expense $7,600
  • Other Expense $3,562
  • Trash Expense $1,735
  • Water Sewer Expense $570
  • Operating Expense $43,597
  • Gross Income $112,200
  • Net Operating Income $73,512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,805

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance,Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1961
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Fire Protection: Alarm Monitored,Fire Extinguisher/s
  • Fireplaces: 2
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Block, Stone
  • Frontage Type: County Road
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Manager Expense: 7600

Fee Information

  • Trash Expense: 1735
  • Water Sewer Expenses: 570
  • Operating Expense Includes: Gardener,Pest Control,Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.72
  • Lot Dimensions: 100x317x100x315

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 10
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 73512
  • Fuel Expense: 1436
  • Insurance Expense: 3000
  • ElectricExpense: 908
  • GrossIncome: 112200
  • Maintenance Expense: 9600
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 43597
  • Type Multi-Family: Corridor-Exterior Entrance,Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 13805
  • Tax Year: 2024
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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
11/26/2025 11/26/25 Pending -- -- --
11/18/2025 11/18/25 For Sale $1,300,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12518026

Midwest Real Estate Data (MRED)

APN: 04-27-305-007