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

Sale Details

Date Sold: June 2, 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

4,960 Sq Ft Lot

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11756258

Midwest Real Estate Data (MRED)
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