NOT LISTED FOR SALE
46 Beds
23 Baths
6,120 Sq Ft
9,825 Sq Ft Lot

Last Sold May 01, 2024

Last sale price $751,000 $123 Per Sq Ft

7 Days on Market

Highlights

  • Baseboard Heating
  • Argo Community High School Rated A-
  • 4-minute walk to Gottwald Memorial Park

About This Home

As of May 2024

MULTIPLE OFFERS!, HIGHEST AND BEST UP TO SATURDAY 5PM. OPPORTUNITY TO INVEST! 6-UNIT BRICK BUILDING WITH IRON FENCE. VERY WELL MAITAINED. FULLY RENTED. THIS BUILDING FEATURES 6 UNITS. 5 UNITS HAVE 2BR AND 1 FULL BATHROOM. THE 6th UNIT HAS 2 BR AND FULL BATHROOM ON FIRST FLOOR, AND PARTIALLY FINISHED BASEMENT WITH ANOTHER 2 BEDROOMS, FAMILY ROOM, 2 WALKING CLOSETS, AND HEATED FLOOR. EACH UNIT HAS ITS OWN BALCONY. EACH UNIT HAS STOVE AND REFRIGERATOR.THE BASEMENT HAS LAUNDRY ROOM WITH COIN WASHERS & DRYERS, UTILITY ROOM, AND STORAGE. THERE ARE A TOTAL OF 13 PARKING SPACES. THE ROOF IS 18 YEARS OLD, WINDOWS ARE 13 YEARS OLD. 5 UNITS HAVE 1 WALL A/C. THE 6th UNIT HAS 2 WALL A/C. PROPERTY ALSO HAS OUTSIDE SHED. GREAT LOCATION. CLOSE TO I-294, SHOPPING & SCHOOLS. EACH TENANT IS RESPONSIBLE FOR ELECTRIC BILL. LANDLORD PAYS HEATING & COOKING GAS, WATER, AND GARBAGE.

Last Agent to Sell the Property

Krystyna Soprych

RE/MAX 10 in the Park License #475122739 Listed on: 03/17/2024

RE/MAX 10 in the Park

Last Buyer's Agent

Krystyna Soprych

RE/MAX 10 in the Park License #475122739 Listed on: 03/17/2024

RE/MAX 10 in the Park

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,800

Year Built

  • Built in 1977

Lot Details

  • 9,825 Sq Ft Lot
  • Lot Dimensions are 75x131

Parking

  • 13 to 18 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,120 Sq Ft Home
  • 3-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 46 Bedrooms
  • 23 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $676
  • Fuel Expense $4,296
  • Insurance Expense $3,024
  • Trash Expense $1,513
  • Water Sewer Expense $4,020
  • Operating Expense $31,529
  • Gross Income $78,480
  • Net Operating Income $46,951

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,800

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1977
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 23
  • Total Bedrooms: 46
  • Basement Description: Finished
  • Fireplaces: 1
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 13-18 Spaces

Utilities

  • Cooling: Wall Sleeve
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Gas,Hot Water,Baseboard

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 1513
  • Water Sewer Expenses: 4020

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75X131
  • Lot Size Sq Ft: 9825
  • Zoning: MULTI
  • Alternate Phone Number: (708) 923-0900

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 6120

Multi Family

  • Net Operating Income: 46951
  • Fuel Expense: 4296
  • Insurance Expense: 3024
  • ElectricExpense: 676
  • GrossIncome: 78480
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 31529
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 16800
  • Tax Year: 2022
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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
05/01/2024 05/01/24 Sold $751,000 +0.1% $123 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $750,000 -- $123 / Sq Ft
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 $17,325 $56,000 $4,421 $51,579
2024 $17,325 $56,000 $4,421 $51,579
2023 $16,801 $56,000 $4,421 $51,579
2022 $16,801 $46,723 $3,930 $42,793
2021 $15,982 $46,723 $3,930 $42,793
2020 $15,434 $46,723 $3,930 $42,793
2019 $15,630 $43,158 $3,684 $39,474
2018 $17,520 $50,624 $3,684 $46,940
2017 $19,061 $55,563 $3,684 $51,879
2016 $15,422 $42,361 $3,193 $39,168
2015 $15,093 $42,361 $3,193 $39,168
2014 $14,813 $42,361 $3,193 $39,168
2013 $15,498 $48,225 $3,193 $45,032
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12006268

Midwest Real Estate Data (MRED)