NOT LISTED FOR SALE

Estimated Value: $511,145 - $532,000

8 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold July 08, 2017

Last sale price $286,000

Est. 83% increase in value since last sale

Current estimated payment $3,859/month

123 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • 2-minute walk to Century Oaks Park

About This Home

As of July 2017

NICE ALL BRICK, 4-FLAT BUILDING. 4 units, all 2 bedrooms. Some units have had some updating. ALL UNITS HAVE OVER-SIZED BALCONY. FULL BASEMENT OFFERS PRIVATE STORAGE AREAS FOR EACH TENANT/UNIT. COIN OPERATED WASHER AND DRYER FOR ADDITIONAL INCOME. STORAGE SHED. CLOSE TO METRA, RTA & EXPRESSWAY. EXCELLENT INVESTMENT OPPORTUNITY. BUILDING NEEDS SOME WORK! 3 Units currently rented, one unit is being renovated and will be rented out within 30 days. All low maintenance, long term tenants. All units have all appliances. New boiler recently installed.

Last Listed By

TONY BELLINO

RE/MAX of Barrington License #471002939 Listed on: 12/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,583

Year Built

  • 1971

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 87x90

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,583

Year Built

1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1971

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 307000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Other Expenses $: 00

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 87X90
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 10582.68
  • Tax Year: 2015
  • Tax Exemptions: Other

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Maini Ashok
Bought by
Yiwan Investment Group Llc
Total Days on Market
123
Current Estimated Value
$522,286

Purchase Details

Listed on
Dec 6, 2016
Closed on
Jul 6, 2017
Sold by
Krg Properties Inc
Bought by
Maini Ashok
Seller's Agent
TONY BELLINO
RE/MAX of Barrington
Buyer's Agent
TONY BELLINO
RE/MAX of Barrington
List Price
$315,000
Sold Price
$286,000
Premium/Discount to List
-$29,000
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$214,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Kelly Kimbriell
Bought by
Krg Properties Inc

Purchase Details

Closed on
Sep 30, 2004
Sold by
Potts Justin B and Salisbury Eric S
Bought by
Kelly Kimbriell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,910
Interest Rate
3.81%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 29, 1994
Sold by
Kalous Linda
Bought by
Potts Justin B and Salisbury Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,768
Interest Rate
8.41%
Mortgage Type
FHA

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yiwan Investment Group Llc $503,000 Stewart Title
Maini Ashok $286,000 Heritage Title Co
Krg Properties Inc -- --
Kelly Kimbriell $380,000 --
Potts Justin B $240,000 --
Potts Justin B $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maini Ashok $307,500
Previous Owner Maini Ashok $214,500
Previous Owner Kelly Kimbriell $341,910
Previous Owner Potts Justin B $225,768
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2017 07/08/17 Sold $286,000 -6.8% --
04/08/2017 04/08/17 Pending -- -- --
02/12/2017 02/12/17 Price Changed $307,000 -2.5% --
01/19/2017 01/19/17 For Sale $315,000 0.0% --
12/22/2016 12/22/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $315,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2023 $11,322 $132,814 $28,368 $104,446
2022 $10,501 $121,104 $25,867 $95,237
2021 $10,231 $114,670 $25,630 $89,040
2020 $9,984 $109,470 $24,468 $85,002
2019 $9,739 $104,277 $23,307 $80,970
2018 $9,712 $98,236 $21,957 $76,279
2017 $10,162 $98,796 $22,082 $76,714
2016 $10,619 $99,564 $20,486 $79,078
2015 -- $91,259 $18,777 $72,482
2014 -- $90,132 $18,545 $71,587
2013 -- $92,509 $19,034 $73,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09400326

Midwest Real Estate Data (MRED)

APN: 06-03-326-026