NOT LISTED FOR SALE
10 Beds
5 Baths
-- Sq Ft
4,960 Sq Ft Lot

Last Sold June 02, 2023

Last sale price $665,000

3 Days on Market

About This Home

As of June 2023

OPPORTUNITY IS KNOCKING!!! 5-UNIT MONEYMAKER!!Looking for a quick closing and cash investor. Building is in a great location that will always keep the building fully occupied, Long term tenants - Possible immediate income increase, cooking gas and electricity is separate. There are (5) 2 bedroom units and (1) 1-bedroom unit. All units have hardwood floors, spacious bedrooms and an open kitchen with dining area. The property also includes 8 parking spaces, five separate water heaters, Coin operated washer and dryer in common area. Don't miss out on the chance to own this impressive building in a highly desirable location that will always keep the building occupied.Sold As Is

Last Agent to Sell the Property

Jorge Verdin

Strong Legacy Realty License #475195359 Listed on: 04/11/2023

Co-Listed By

Elvia Reina

Strong Legacy Realty License #471012700

Last Buyer's Agent

Rasha Salamy

Coldwell Banker Realty License #475168683

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,180

Year Built

  • Built in 1954

Lot Details

  • 4,960 Sq Ft Lot
  • Lot Dimensions are 40 x 125

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, hot water

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $750
  • Fuel Expense $4,000
  • Insurance Expense $2,050
  • Trash Expense $1,400
  • Water Sewer Expense $2,000
  • Operating Expense $21,380
  • Gross Income $57,360
  • Net Operating Income $35,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,180

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1954
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 24-Hr Notice Required,Other-See Remarks
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Basement Description: Finished
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street
  • Exterior Building Type: Brick
  • Roof Structure: Gable

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: None
  • Electric: Circuit Breakers, Separate Meters
  • Utilities: Water-Community, Water-Municipal
  • Heat/Ventilation: Hot Water,Baseboard
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 1400
  • Water Sewer Expenses: 2000

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40 X 125
  • Lot Size Sq Ft: 4960
  • Zoning: MULTI
  • Alternate Phone Number: (630) 779-4691

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Hot Water
  • Board Number: 10

Multi Family

  • Net Operating Income: 35980
  • Fuel Expense: 4000
  • Insurance Expense: 2050
  • ElectricExpense: 750
  • GrossIncome: 57360
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 21380
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 11180
  • Tax Year: 2021
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/02/2023 06/02/23 Sold $665,000 +1.5% --
04/24/2023 04/24/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $655,000 -- --
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 $11,731 $63,628 $17,360 $46,268
2024 $11,731 $72,000 $17,360 $54,640
2023 $11,436 $55,599 $13,888 $41,711
2022 $11,436 $55,599 $13,888 $41,711
2021 $11,180 $55,599 $13,888 $41,711
2020 $8,623 $38,710 $6,200 $32,510
2019 $8,940 $44,495 $6,200 $38,295
2018 $9,902 $50,130 $6,200 $43,930
2017 $8,802 $40,889 $5,456 $35,433
2016 $8,190 $40,889 $5,456 $35,433
2015 $8,673 $47,330 $5,456 $41,874
2014 $8,481 $45,708 $4,960 $40,748
2013 $8,313 $45,708 $4,960 $40,748
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: Midwest Real Estate Data (MRED)

MLS Number: 11756258

Midwest Real Estate Data (MRED)