Last Sold Price
484 Spring RdElmhurst, IL60126

Description

Great mixed use investment property! Over 8000 sqft building with 2 store fronts on main level, 6 apartments above. Long history of full occupancy and stable income! Solid and efficient flexicore/brick construction! Mechanicals and roof in great shape! Additional storage in 4000 sqft basement! 2 car attached garage plus excellent public parking lot in back of building! Nice investment property in great location!Great mixed use investment property! Over 8000 sqft building with 2 store fronts on main level, 6 apartments above. Long history of full occupancy and stable income! Solid and efficient flexicore/brick construction! Mechanicals and roof in great shape! Additional storage in 4000 sqft basement! 2 car attached garage plus excellent public parking lot in back of building! Nice investment property in great location!
LISTING CLOSED: 06/08/2012 12:00 AM

    Sold By Fidanza & Associates, Inc

    Property Details for 484 Spring Road

    Status
    MLS #
    08000656
    Days on Market
    16
    Taxes
    $12,871 / year
    HOA Fees
    -
    Condo/Co-op Fees
    -
    Property Type
    Mixed Use
    MLS Type
    Commercial Sale
    Year Built
    1957
    Lot Size
    0.14 AC / 6,000 SF
    Area
    Elmhurst
    Township
    YORK
    Air Conditioning Type
    Wall Sleeve
    Zoning
    COMMR

    Location

    Add your commute

    Building Information for 484 Spring Road

    Stories2Residences8Year Built1957Lot Size0.14 AC / 6,000 SF

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    $4,122 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,050

    Property Taxes

    $1,073

    HOA Dues

    $0

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    Property Information for 484 Spring Road

    General Information
    Addtl Parking Information
    • Indoor Parking: 1-5 Spaces
    • Open Parking Spaces: 2.0
    Location and General Information
    • Geographic Locale: Southwest Suburban
    • Information: 24-Hr Notice Required,Listing Agent Must Accompany
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Wall Sleeve
    • Electric: Circuit Breakers, Service - 201 to 600 Amps
    • Flooring: Carpet
    • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water
    • # Of Window/Ac: 6
    • # Of Refrigerators: 6
    • # Of Dishwashers: 6
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 6
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 50X120
    • Lot Size Square Feet: 6000.0
    • Stories: 2
    • Exterior Building Type: Brick, Concrete, Pre-cast
    • Construction: Brick, Concrete, Pre-cast
    • Fire Protection: Alarm On Site
    • Foundation Details: Concrete Perimeter
    • Building Area Total: 8000
    • # Of Offices: 0
    • # Of Ranges: 6
    • # Of Stores: 2
    Property and Assessments
    • Photos Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 8
    Income & Expenses
    • Electric Expense: $440.00
    • Fuel Expense: $4,822.00
    • Gross Income: $81,840.00
    • Gross Scheduled Income: $81,840.00
    • Insurance Expense: $3,484.00
    • Electric Expense Source: Actual
    • Expense Year: 2011
    • Total Annual Expense Source: Actual
    • Fuel Expense Source: Actual
    • Insurance Expense Source: Actual
    • Net Operating Income Year: 2011
    • Other Expense Source: Actual
    • Trash Expense Source: Actual
    • Total Monthly Income: 6820
    • Water Expense Source: Actual
    • Net Operating Income: $52,137.00
    • Operating Expense: $29,703.00
    • Other Expense: $4,147.00
    • Trash Expense: $1,642.00
    • Water Sewer Expense: $2,297.00

    Property History for 484 Spring Road

    DateEvent & SourcePriceAppreciation
    Jun 8, 2012

    Sold

    MRED #08000656

    $600,000
    May 14, 2012

    Sold (Public Record)

    Public Record #332450119

    $600,000
    Mar 7, 2012

    Pending

    MRED #08000656

    DateEvent & SourcePrice
    06/08/2012

    Sold

    MRED #08000656

    $600,000
    05/14/2012

    Sold (Public Record)

    Public Record #332450119

    $600,000
    03/07/2012

    Pending

    MRED #08000656

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 484 Spring Road

    Taxable ValueLand$48,695Additions$222,833Total$271,528
    Tax Record2024$16,950 ($1,413 / month)
    Home Facts
    Total Finished SqFt7,496 SqFtAbove Grade Finished SqFt7,496 SqFtLot Size6,098 SqFtStyleOffice BuildingYear Built1957ZoningCCountyDUPAGEAPN06-11-118-022

    Schools near 484 Spring Road

    This home is within Elmhurst School District 205.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Private - PK to 3
    Rating
    School
    Distance
    Lincoln Elementary School
    PublicK to 5

    Sandburg Middle School
    Public6 to 8

    York Community High School
    Public9 to 12

    Pythagoras Childrens Academy
    PrivatePK to 3

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 04:37 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.