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$225,000
● Multifamily - Off Market

101 Illinois

bedrooms
12 Beds
bathrooms
0 Bath
square feet
4,000 Ft²
$574,043
RealtyHop Estimate
145.32%
Since Nov 1, 2002
National-US
Primary Model

About This Property

HUGE 3 FAMILY NEAR CLARK UNIVERSITY AND UNIVERSITY PARK NOW RENTED @ MAX SECTION 8 RENTS GREAT FOR INVESTORS. ..........................................................
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$59
Property Type
Multifamily
Property Taxes
$142
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #30637484)

Price History

Date / Event Date Event Price
Oct 22, 2002 Sold
Premium
Sold
Aug 19, 2002 Listed by Investment Property Group $234,000
Listed by Investment Property Group

Property Highlights

Interior Details
Full Bathrooms: 3
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator)
Rooms: 18
Exterior Details
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: 3 Family
Stories (Total): 6
Building Area Units: Square Feet
Lead Paint: None
Lot Features: Easements
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R
Parcel Number: 4272481
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $80,000
Tax Annual Amount: $1,700
Utilities Details
Cooling Type: Unit 1(None), Unit 2(None), Unit 3(None)
Heating Type: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Sewer : Public Sewer, City/Town Sewer

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30637484
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