Estimated payment $8,002/month
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.
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
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $13,805 | $188,531 | $69,121 | $119,410 |
| 2023 | $13,152 | $172,190 | $63,130 | $109,060 |
| 2022 | $13,259 | $172,190 | $63,130 | $109,060 |
| 2021 | $12,619 | $165,060 | $60,520 | $104,540 |
| 2020 | $16,227 | $210,780 | $58,860 | $151,920 |
| 2019 | $15,540 | $200,720 | $56,050 | $144,670 |
| 2018 | $14,672 | $189,360 | $52,880 | $136,480 |
| 2017 | $14,325 | $179,930 | $50,250 | $129,680 |
| 2016 | $13,848 | $167,760 | $46,850 | $120,910 |
| 2015 | $13,418 | $155,290 | $43,370 | $111,920 |
| 2014 | $13,031 | $147,890 | $41,300 | $106,590 |
| 2013 | $13,070 | $153,300 | $42,810 | $110,490 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2025 11/18/25 | For Sale | $1,300,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12518026
APN: 04-27-305-007
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