Last Sold Price
11 beds
9065 Gross Point Rd, Skokie, IL 60077

Description

SIX Unit Building. Five 2BR and One 1BR unit. Every unit is special and in good condition. Great rental area. Minimum maintenance. Fully rented. School district 68. Five assigned parking spaces. Each unit has individual storage. Coin laundry. Great location: close to shopping and transportation. Roof-1 month-old, boiler -3 months, new concrete parking. Very rare on market. Long-term tenants. Rent in the area is much higher than the current rent in the building. Units rented under market price. Huge...SIX Unit Building. Five 2BR and One 1BR unit. Every unit is special and in good condition. Great rental area. Minimum maintenance. Fully rented. School district 68. Five assigned parking spaces. Each unit has individual storage. Coin laundry. Great location: close to shopping and transportation. Roof-1 month-old, boiler -3 months, new concrete parking. Very rare on market. Long-term tenants. Rent in the area is much higher than the current rent in the building. Units rented under market price. Huge room to increase monthly rental income.
LISTING CLOSED: 02/13/2024 12:00 AM

    Sold By Selective Realty Services Inc

    Property Details for 9065 Gross Point Road

    Status
    MLS #
    11855955
    Days on Market
    79
    Taxes
    $15,368 / year
    HOA Fees
    -
    Condo/Co-op Fees
    -
    Property Type
    MLS Type
    Multi Family 5+ / Flats
    Year Built
    1958
    Lot Size
    0.18 AC / 7,700 SF
    Area
    Skokie
    Township
    Niles

    Location

    Add your commute

    Building Information for 9065 Gross Point Road

    Stories3Residences6Year Built1958Building Size-Lot Size0.18 AC / 7,700 SF

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    $6,445 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $5,164

    Property Taxes

    $1,281

    HOA Dues

    $0

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    Property Information for 9065 Gross Point Road

    General Information
    Location and General Information
    • Information: None
    Taxes and HOA Information
    • Additional Parcels: Yes
    Property Information
    Interior Features
    • Heat/Ventilation: Central Bldg Heat,Hot Water
    • Num of Baths: 6.0
    Property/Lot Information
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: 36-50 Years
    • Multi-Family Type: Flats
    • Lot Dimensions: 70X110
    • Stories: 3
    Property and Assessments
    • 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: 6
    Income & Expenses
    • Electric Expense: $480.00
    • Fuel Expense: $3,350.00
    • Gross Income: $80,700.00
    • Gross Scheduled Income: $85,200.00
    • Insurance Expense: $3,165.00
    • Maintenance Expense: $.00
    • Electric Expense Source: Owner Projection
    • Expense Year: 2023
    • Total Annual Expense Source: Actual
    • Fuel Expense Source: Owner Projection
    • Insurance Expense Source: Owner Projection
    • Janitor Expense: 0
    • Net Operating Income Year: 2022
    • Trash Expense Source: Owner Projection
    • Total Monthly Income: 7100
    • Water Expense Source: Owner Projection
    • Net Operating Income: $59,567.00
    • Operating Expense: $25,633.00
    • Other Expense: $.00
    • Trash Expense: $420.00
    • Water Sewer Expense: $2,850.00
    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: 2
    • 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: 2
    • 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 9065 Gross Point Road

    DateEvent & SourcePriceAppreciation
    Feb 13, 2024

    Sold

    MRED #11855955

    $1,016,000
    Oct 26, 2023

    Pending

    MRED #11855955

    Oct 19, 2023

    Price Change

    MRED #11855955

    $999,000
    DateEvent & SourcePrice
    02/13/2024

    Sold

    MRED #11855955

    $1,016,000
    10/26/2023

    Pending

    MRED #11855955

    10/19/2023

    Price Change

    MRED #11855955

    $999,000

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

    Schools near 9065 Gross Point Road

    This home is within Skokie School District 68.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Highland Elementary School
    PublicK to 5

    Old Orchard Jr High School
    Public6 to 8

    Niles Central
    Public9 to 12

    Niles North 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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    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 02/14/2024 10:59 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.