$1,260,000
SOLD JAN 20, 2026
-- Bed
-- Bath
-- Sq Ft
31,363 Sq Ft Lot

Recently Sold

3% Below List Price

8 Days on Market

Highlights

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

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Frank Passaro

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

Baird & Warner

Co-Listed By

Tom Passaro

Baird & Warner License #471005480

Last Buyer's Agent

Peter Dravilas

PreferredCo Realty & Investments License #471005186

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

Listing and Financial Details

  • Tenant pays for electricity

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

0.72 Acres

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: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2025
Closed on
Jan 15, 2026
Sold by
Litaly Holdings Llc
Bought by
Remote Rentals Llc
Seller's Agent
Frank Passaro
Baird & Warner
Buyer's Agent
Peter Dravilas
PreferredCo Realty & Investments
List Price
$1,300,000
Sold Price
$1,260,000
Premium/Discount to List
-$40,000
-3.08%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Outstanding Balance
$784,251
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2022
Sold by
Wangerin Albert D
Bought by
Litaly Holdings Llc

Purchase Details

Closed on
May 17, 2006
Sold by
Oak Brook Bank
Bought by
Wangerin Albert
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

Date Type Sale Price Title Company
Warranty Deed $1,260,000 Chicago Title
Executors Deed $520,200 First American Title
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $785,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2026 01/20/26 Sold $1,260,000 -3.1% --
11/26/2025 11/26/25 Pending -- -- --
11/18/2025 11/18/25 For Sale $1,300,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12518026

Midwest Real Estate Data (MRED)

APN: 04-27-305-007

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