822 Russell Rd

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

26 Unit Rental Property. Two 12 unit apartment buildings with security entrances, and 2 town homes. Short walk to NIU campus. Market Rents of $20,220 per month + laundry income of $650 per month. Newer common area flooring & coin op Washer & Dryers. Well maintained. Professionally managed. Proven rental history.26 Unit Rental Property. Two 12 unit apartment buildings with security entrances, and 2 town homes. Short walk to NIU campus. Market Rents of $20,220 per month + laundry income of $650 per month. Newer common area flooring & coin op Washer & Dryers. Well maintained. Professionally managed. Proven rental history.
  1. Listed by Brad Rubeck • 815 Property
    P: (815)-758-7374 C: (815)-739-6718 brad@815property.com; bradrubeck@gmail.com

Sold By Baird & Warner Real Estate - Algonquin

Property Details for 822 Russell Road

Area
De Kalb
Township
DeKalb
Num Of Parking Spaces
50.0
Air Conditioning Type
Wall Sleeve
Num of Interior Fireplaces
2
Zoning
MULTI
LISTING CLOSED: 08/20/2021 12:00 AM

Property Details for 822 Russell Road

StatusClosed
MLS #11115253
Days on Market21
Taxes$52,904 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1986
Lot Size1.01 AC / 43,995 SF
CountyDeKalb County
Add your commute

Building Information for 822 Russell Road

Stories2Residences26Year Built1986Building Size-Lot Size1.01 AC / 43,995 SF

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$11,385 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,976

Property Taxes

$4,409

HOA Dues

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Property Information for 822 Russell Road

General Information
Location and General Information
  • Information: List Broker Must Accompany,Show-Call Listing Office,48-Hr Notice Required,No Sign on Property,Leases Avaliable,Profit & Loss Avalia
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Separate Meters, Service - 0 to 100 Amps
  • # Of Washers: 8
  • Basement Description: Finished
  • Heat/Ventilation: Electric,Forced Air,Gas
  • # Of Window/Ac: 24
  • # Of Refrigerators: 26
  • Washer/Dryer Lsd: No
  • # Of Dryers: 8
  • # Of Disposals: 26
  • # Of Dishwashers: 2
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Balcony/ies,Security Lighting,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer, Hot Water
  • Built Before 1978: No
  • Approximate Age: 26-35 Years
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 321 X 138 X 321 X 138
  • Stories: 2
  • Exterior Building Type: Wood Frame, Brick, Cedar
  • Construction: Wood Frame
  • Roof Type: Composition
  • Fire Protection: Fire Extinguisher/s,Hydrants On Site
  • Roof Structure: Gable
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 26
Property and Assessments
  • Documents Available: Rent Roll,Leases-Copies,Legal-Description,Floor Plans and Specs,Existing Survey
  • Public Document Count: 0
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 26
Income & Expenses
  • Electric Expense: $3,995.00
  • Fuel Expense: $.00
  • Gross Income: $250,440.00
  • Gross Scheduled Income: $250,440.00
  • Insurance Expense: $6,000.00
  • Maintenance Expense: $26,661.00
  • Manager Expense: $12,401.00
  • Electric Expense Source: Broker Projection
  • Expense Year: 2021
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 5560
  • Manager Expense Source: BP
  • Net Operating Income Year: 2021
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 20870
  • Water Expense Source: Actual
  • Net Operating Income: $115,479.00
  • Operating Expense: $134,961.00
  • Other Expense: $5,173.00
  • Trash Expense: $1,871.00
  • Water Sewer Expense: $20,396.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 16
  • # Of Rooms - Unit 1: 6
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 765
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 8
  • # Of Rooms - Unit 2: 6
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 720
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 3: 8
  • # Of Full Bthrms - Type 3: 2.1
  • Monthly Income - 3: 1090
  • Monthly Income Max - 3: 1090
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 4: 0
  • Monthly Income - 4: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 5: 0
  • Monthly Income - 5: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 822 Russell Road

DateEvent & SourcePriceAppreciation
Aug 20, 2021

Sold

MRED #11115253

$1,400,000
Jul 29, 2021

Sold (Public Record)

Public Record #1470228435

$1,400,000
Jun 28, 2021

Pending

MRED #11115253

DateEvent & SourcePrice
08/20/2021

Sold

MRED #11115253

$1,400,000
07/29/2021

Sold (Public Record)

Public Record #1470228435

$1,400,000
06/28/2021

Pending

MRED #11115253

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

Public Records for 822 Russell Road

Taxable ValueLand$148,716Additions$493,259Total$641,975
Tax Record2025$50,711 ($4,226 / month)
Home Facts
StyleMiscellaneous CommercialCountyDEKALBAPN08-15-326-010

Schools near 822 Russell Road

This home is within Dekalb Community Unit School District 428.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Founders Elementary School
PublicK to 5

Clinton Rosette Middle School
Public6 to 8

De Kalb High School
Public9 to 12

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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Listing Courtesy of 815 Property

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 08/22/2021 10:43 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.