Sold
Last Sold Price
9 beds
8811 Dee Rd, Des Plaines, IL 60016
Multi FamilyProperty Type
0.17 acresLot Size
1968Year Built
9 carsParking Spaces

Description

Great investment opportunity with easy highway access. This property features three 2 bed 1 bath units and three 1 bed 1 bath units. Some units living rooms hardwood floors in wonderful condition and some with carpet also in great condition. All bedrooms are carpeted. 9 parking spaces included with the building. Each unit is separately metered for electric service. Coin-op laundry in building. Roof is approximately 10 years old. Water heater is approximately 8 years old.Great investment opportunity with easy highway access. This property features three 2 bed 1 bath units and three 1 bed 1 bath units. Some units living rooms hardwood floors in wonderful condition and some with carpet also in great condition. All bedrooms are carpeted. 9 parking spaces included with the building. Each unit is separately metered for electric service. Coin-op laundry in building. Roof is approximately 10 years old. Water heater is approximately 8 years old.

    Sold By Boardwalk Commercial Real Estate Corporation

    • Listed by: Pamela 847.268.4911 mls@signatureplusteam.com • Keller Williams Chicago-O'Hare
    Listing closed: 05/31/2018 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09910408

    Location

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    $4,191 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $3,139

    Property Taxes

    $1,052

    HOA Dues

    $0

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    Property Information for 8811 Dee Road

    Property Details
    • Taxes: $12,619 / year
    • MLS Type: Multi Family 5+ / Corridor-Interior Entrance
    • County: Cook County
    • Area: Des Plaines
    • Township: MAINE
    • Air Conditioning Type: Window Unit(s)
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 6
    • Year Built: 1968
    • Lot Size: 0.17 AC / 7,405 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    • Open Parking Spaces: 9.0
    Location and General Information
    • Frontage Type: Public Road
    • Information: 24-Hr Notice Required,Other-See Remarks,No Sign on Property
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Window Unit(s)
    • # Of Washers: 1
    • Basement Description: None
    • Heat/Ventilation: Gas,Hot Water
    • # Of Window/Ac: 6
    • # Of Refrigerators: 6
    • Misc Inside: Laundry Room
    • # Of Dryers: 1
    • Num of Baths: 6.0
    Exterior Features
    • Misc Outside: Enclosed Porch,Enclosed Stairs,Storms and Screens (as exist)
    Property/Lot Information
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: 36-50 Years
    • Multi-Family Type: Corridor-Interior Entrance
    • Lot Dimensions: 80X97
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Type: Composition
    • Roof Structure: Pitched
    • Foundation Details: Concrete Perimeter
    • # Of Ranges: 6
    • MRD_UNC: Yes
    Property and Assessments
    • Possible Use: Multi-Family
    • Photos Count: 38
    Miscellaneous
    • Current Use: Multi-Family
    • Land Amenities: Lighting/Exterior,Security Entrance
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 6
    Income & Expenses
    • Electric Expense: $378.00
    • Fuel Expense: $2,252.00
    • Gross Income: $71,725.00
    • Gross Scheduled Income: $70,320.00
    • Insurance Expense: $2,670.00
    • Maintenance Expense: $1,339.00
    • Expense Year: 2017
    • Total Annual Expense Source: Actual
    • Janitor Expense: 750
    • Net Operating Income Year: 2017
    • Other Expense Source: Actual
    • Total Monthly Income: 5977
    • Net Operating Income: $47,024.00
    • Operating Expense: $24,700.00
    • Other Expense: $112.00
    • Trash Expense: $1,717.00
    • Water Sewer Expense: $4,945.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 1
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 1
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    Unit 4
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 1
    Unit 5
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 1
    Unit 6
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 1
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 8811 Dee Road

    DateEvent & SourcePriceAppreciation
    May 31, 2018

    Sold (Public Record)

    Public Record #632616512

    $607,500

    +7.5% / yr

    May 31, 2018

    Sold

    MRED #09910408

    $607,500
    Apr 16, 2018

    Pending

    MRED #09910408

    DateEvent & SourcePrice
    05/31/2018

    Sold (Public Record)

    Public Record #632616512

    $607,500

    +7.5% / yr

    05/31/2018

    Sold

    MRED #09910408

    $607,500
    04/16/2018

    Pending

    MRED #09910408

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

    Public Records for 8811 Dee Road

    Taxable ValueLand$5,084Additions$52,616Total$57,700
    Tax Record2023$15,638 ($1,303 / month)
    Home Facts
    Baths6Total Finished SqFt4,928 SqFtAbove Grade Finished SqFt4,928 SqFtStories2Lot Size7,822 SqFtStyleMulti-Family Res (5+ Units)Year Built1967CountyCOOKAPN09-15-307-087

    Schools near 8811 Dee Road

    This home is within East Maine School District 63.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 9 to 12
    Public - 9 to 12
    Private - 2 to 8
    Rating
    School
    Distance
    Apollo Elementary School
    PublicK to 5

    Maine East High School
    Public9 to 12

    Ralph J Frost Academy
    Public9 to 12

    Laureate Day School
    Private2 to 8

    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 Keller Williams Chicago-O'Hare

    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 05:30 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.