NOT LISTED FOR SALE
26 Beds
13 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold September 18, 2018

Last sale price $650,000

154 Days on Market

About This Home

As of September 2018

13 unit brick building with newer updates. Most units have kitchen updates. 85% occupied. One block from the Lake and one Block from the Metra rail. All units include 2 bedrooms and 1 bathroom.

Last Agent to Sell the Property

Marc Little

CARMARC Realty Group License #471020586 Listed on: 02/14/2018

CARMARC Realty Group

Co-Listed By

Carrie J. Little

CARMARC Realty Group License #471001817

Last Buyer's Agent

Alicia Bowens

Keller Williams Preferred Rlty License #471021624

Keller Williams Preferred Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,213

Year Built

  • Built in 1921

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x200x50x200

Home Design

  • Cluster Home

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 13 Bathrooms

Additional Features

  • 3-Story Property
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 13 Units

Building Details

  • Electric Expense $50
  • Fuel Expense $1,000
  • Insurance Expense $479
  • Maintenance Expense $200
  • Other Expense $100
  • Trash Expense $150
  • Water Sewer Expense $340
  • Operating Expense $34,364
  • Gross Income $9,311
  • Net Operating Income $69,954

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,213

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Cluster
  • Stories: 3
  • Year Built: 1921
  • Built Before 1978 (Y/N): Yes
  • Information: Other-See Remarks
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 13
  • Total Bedrooms: 26
  • Room: 0

Utilities

  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 150
  • Water Sewer Expenses: 340

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Dimensions: 50X200X50X200
  • Zoning: COMMR

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 69954
  • Fuel Expense: 1000
  • Insurance Expense: 479
  • ElectricExpense: 50
  • GrossIncome: 9311
  • Maintenance Expense: 200
  • NumberOfUnitsTotal: 13
  • OperatingExpense: 34364
  • Type Multi-Family: Cluster

Tax Info

  • Tax Annual Amount: 9213
  • Tax Year: 2016
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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
09/18/2018 09/18/18 Sold $650,000 -10.3% --
07/18/2018 07/18/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $725,000 -4.1% --
05/29/2018 05/29/18 For Sale $756,000 +16.3% --
05/28/2018 05/28/18 Off Market $650,000 -- --
05/19/2018 05/19/18 Price Changed $756,000 -4.3% --
04/20/2018 04/20/18 Price Changed $790,000 -3.7% --
03/19/2018 03/19/18 Price Changed $820,000 -3.5% --
02/14/2018 02/14/18 For Sale $850,000 -- --
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 $13,000 $74,500 $12,500 $62,000
2024 $13,000 $74,500 $12,500 $62,000
2023 $12,627 $61,393 $9,000 $52,393
2022 $12,627 $61,393 $9,000 $52,393
2021 $12,346 $61,393 $9,000 $52,393
2020 $16,771 $75,286 $9,000 $66,286
2019 $15,126 $75,286 $9,000 $66,286
2018 $11,042 $55,900 $9,000 $46,900
2017 $14,667 $68,131 $6,750 $61,381
2016 $9,213 $46,000 $6,750 $39,250
2015 $13,139 $71,700 $6,750 $64,950
2014 $13,303 $71,700 $4,500 $67,200
2013 $13,040 $71,700 $4,500 $67,200
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 09823392

Midwest Real Estate Data (MRED)

APN: 21-30-404-017-0000