Sold
Last Sold Price
831 Bode Rd, Elgin, IL 60120
Multi FamilyProperty Type
0.55 acresLot Size
1968Year Built
32 carsParking Spaces

Description

Great investment, excellent income potential for this 16 unit apartment. Fully occupied. Great location, walking distance to Lord's Park and minutes to I-90. Newly replaced water heater 2020, roof 2018 and boiler 2017.Great investment, excellent income potential for this 16 unit apartment. Fully occupied. Great location, walking distance to Lord's Park and minutes to I-90. Newly replaced water heater 2020, roof 2018 and boiler 2017.

    Sold By Parkvue Realty Corporation

    • Listed by: Jee Ramangkoun jeekramangkoun@gmail.com • Executive Realty Group LLC
    Listing closed: 05/18/2021 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11017295

    Location

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    $8,259 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $5,693

    Property Taxes

    $2,566

    HOA Dues

    $0

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    Property Information for 831 Bode Road

    Property Details
    • Taxes: $30,797 / year
    • MLS Type: Multi Family 5+ / Corridor-Exterior Entrance
    • County: Cook County
    • Area: Elgin
    • Township: Hanover
    • Air Conditioning Type: Window Unit(s)
    • Num of Interior Fireplaces: 0
    • Zoning: MULTI
    Building Information
    • Stories: 2
    • Residences: 16
    • Year Built: 1968
    • Lot Size: 0.55 AC / 24,000 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 31-50 Spaces,Assigned Spaces,Lighted,Paved,Private Lot
    Location and General Information
    • Frontage Type: City Street, Frontage Road, Public Road, Alley Access, Paved
    • Information: 24-Hr Notice Required,No Sign on Property
    Taxes and HOA Information
    • Association Fee Includes: Parking
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • Electric: Other
    • # Of Washers: 2
    • Heat/Ventilation: Central Bldg Heat,Forced Air,Gas
    • # Of Window/Ac: 16
    • # Of Refrigerators: 16
    • Washer/Dryer Lsd: No
    • Misc Inside: Laundry Room
    • # Of Dryers: 2
    • # Of Disposals: 0
    • # Of Dishwashers: 0
    • Num of Baths: 0.0
    Exterior Features
    • Misc Outside: Balcony/ies,Storms and Screens (as exist)
    Utilities / Equipment
    • Utilities: Sewer-Storm Available, Water-Community
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Corridor-Exterior Entrance
    • Lot Dimensions: 150 X 160
    • Lot Size Square Feet: 24000.0
    • Stories: 2
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Composition
    • Roof Structure: Gable,Pitched,Wood Joists
    • Foundation Details: Concrete Perimeter
    • Lot Size Source: County Records
    • # Of Ranges: 16
    • MRD_UNC: No
    Property and Assessments
    • Possible Use: Single Family, Single Room Occupancy
    • Public Document Count: 3
    • Document Date: 2021-03-11T19:44:15
    • Photos Count: 8
    Miscellaneous
    • Current Use: Multi-Family, Single Room Occupancy
    • Land Amenities: Curbs and Gutters,Lighting/Exterior
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 16
    Income & Expenses
    • Electric Expense: $1,200.00
    • Fuel Expense: $7,200.00
    • Gross Income: $138,840.00
    • Gross Scheduled Income: $138,840.00
    • Insurance Expense: $3,864.00
    • Maintenance Expense: $.00
    • Electric Expense Source: Owner Projection
    • Known Encumbrances: None Known
    • Expense Year: 2020
    • Total Annual Expense Source: Owner Projection
    • Fuel Expense Source: Owner Projection
    • Insurance Expense Source: Actual
    • Janitor Expense: 0
    • Net Operating Income Year: 2020
    • Trash Expense Source: Owner Projection
    • Total Monthly Income: 11570
    • Water Expense Source: Owner Projection
    • Net Operating Income: $84,327.00
    • Operating Expense: $54,513.00
    • Other Expense: $.00
    • Trash Expense: $2,502.00
    • Water Sewer Expense: $8,950.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 14
    • # Of Rooms - Unit 1: 3
    • # Of Full Bthrms - Type 1: 1
    • Monthly Income - 1: 700
    Unit 2
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 2: 4
    • # Of Full Bthrms - Type 2: 2
    • Monthly Income - 2: 830
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 3: 4
    • # Of Full Bthrms - Type 3: 1
    • Monthly Income - 3: 830
    • Monthly Income Max - 3: 830
    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 831 Bode Road

    DateEvent & SourcePriceAppreciation
    May 18, 2021

    Sold

    MRED #11017295

    $1,120,000
    Apr 13, 2021

    Sold (Public Record)

    Public Record #1462229522

    $1,120,000

    +1.5% / yr

    Mar 14, 2021

    Pending

    MRED #11017295

    DateEvent & SourcePrice
    05/18/2021

    Sold

    MRED #11017295

    $1,120,000
    04/13/2021

    Sold (Public Record)

    Public Record #1462229522

    $1,120,000

    +1.5% / yr

    03/14/2021

    Pending

    MRED #11017295

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

    Public Records for 831 Bode Road

    Taxable ValueLand$14,400Additions$60,267Total$74,667
    Tax Record2023$21,492 ($1,791 / month)
    Home Facts
    Lot Size24,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyCOOKAPN06-18-300-032

    Schools near 831 Bode Road

    This home is within School District U-46.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 6
    Public - 7 to 8
    Public - 9 to 12
    Public - 6 to 12
    Rating
    School
    Distance
    Lords Park Elementary School
    PublicPK to 6

    Ellis Middle School
    Public7 to 8

    Elgin High School
    Public9 to 12

    Central School Program
    Public6 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 Executive Realty Group LLC

    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 05/18/2021 07:20 PM. 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.