NOT LISTED FOR SALE
28 Beds
14 Baths
-- Sq Ft
1970 Built

Last Sold November 08, 2018

Last sale price $815,000

441 Days on Market

About This Home

As of November 2018

14 UNIT courtyard apartment building.One of the fewer newer type built about 1975. Building has been updated and well kept up.by . Building is wrought iron gated all around for security Electric entry gate to parking lot.Complete roof replaced 2 yrs ago.The American large gas water heater replaced l. New tile counter tops, tile floors in kitchens dining rms. 3 front entrances redone. All appliances replaced when needed. beautifully professionally landscaped .IC Central station Just minutes to the Loop and N. & S. Suburbs. 79th street bus stops right by the building and is the only of the few bus lines that runs 24/7 daily. What a convenience ,The building has security cameras on the outside. Electric entry to the parking lot .All apartments have under window A/C units built in . Coin operated.Washers & Dryers in basement. 100% rented .Some tenants living here for over 20 or more years.Owners are very particular who they select for tenan

Last Listed By

Norman Ring

Norman Ring License #471002523 Listed on: 05/05/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Additional Features

  • Unfinished Basement

Community Details

  • Fuel Expense $8,246
  • Insurance Expense $12,450

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal, Water to Site
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2016
  • Net Oper Income: 95393
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 2369
  • Roof Coverings: Tar and Gravel
  • Scavenger Expense: 3231
  • Total Annual Exp: 52511
  • Total Annual Income: 147904
  • Total Monthly Income: 11895
  • Number of Ranges: 14
  • Number Of Refrigs: 10
  • Number Of Window A C: 26
  • Number Of Stories: 3
  • Estimated Year Built: 1970
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1970

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 7

Utilities

  • Air Conditioner: Wall Sleeve
  • Fire Protection: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
  • Heatventilation: Central Bldg Heat, Gas, Zoned
  • Water Expense: 6054

Condo/Co-op/Association

  • Units in Building: 14

Fee Information

  • Electricity Expense: 1549
  • Electrical Service: 101-200 Amps
  • Janitor Expense: 5200

Lot Info

  • Lot Dimensions: 125.0X108.25X127.1X84.
  • Parcel Identification Number: 20351060510000

Rental Info

  • Gross Rental Income: 142740
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Expense Year: 2016
  • Fuel Expense: 8246
  • Insurance Expense: 12450
  • Other Expenses: 4010

Tax Info

  • Taxes: 12322

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $815,000 -5.8% --
07/21/2018 07/21/18 For Sale $865,000 +6.1% --
07/20/2018 07/20/18 Pending -- -- --
07/09/2018 07/09/18 Off Market $815,000 -- --
05/14/2018 05/14/18 Price Changed $865,000 -1.2% --
04/12/2018 04/12/18 For Sale $875,500 +7.4% --
12/12/2017 12/12/17 Off Market $815,000 -- --
12/11/2017 12/11/17 Price Changed $875,500 +1.8% --
06/27/2017 06/27/17 Price Changed $860,000 -1.7% --
05/05/2017 05/05/17 For Sale $875,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09618036

Midwest Real Estate Data (MRED)