Last Sold Price
9370 Golf Rd, Des Plaines, IL 60016

Description

Excellent opportunity to own a well maintained and profitable six unit investment property in Des Plaines located conveniently on Golf Rd. near I-294. All units have had recent kitchen updates and are in good condition. Building has a newer boiler, installed in 2015. Also a 100 gallon commercial water heater installed in 2017. Coin-op washer and dryer were installed in 2018 & 2019. Five of the six units are occupied with long term tenants. The 6th unit will have a new tenant by October 1st.Excellent opportunity to own a well maintained and profitable six unit investment property in Des Plaines located conveniently on Golf Rd. near I-294. All units have had recent kitchen updates and are in good condition. Building has a newer boiler, installed in 2015. Also a 100 gallon commercial water heater installed in 2017. Coin-op washer and dryer were installed in 2018 & 2019. Five of the six units are occupied with long term tenants. The 6th unit will have a new tenant by October 1st.
LISTING CLOSED: 11/24/2020 12:00 AM

  1. Listed by James Pogorelec • RPM DuPage Preferred
    P: (630)-542-6729 Jim@RPMDuPage.com

Sold By White Stairs Inc

Property Details for 9370 Golf Road

Status
MLS #
10851310
Days on Market
8
Taxes
$14,273 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family 5+ / Multi Family 5+-Other
Year Built
1979
Lot Size
0.06 AC / 2,649 SF
Area
Des Plaines
Num Of Parking Spaces
6.0
Zoning
MULTI

Location

Add your commute

Building Information for 9370 Golf Road

Stories3Residences6Year Built1979Building Size-Lot Size0.06 AC / 2,649 SF

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$4,315 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,126

Property Taxes

$1,189

HOA Dues

$0

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Property Information for 9370 Golf Road

General Information
Location and General Information
  • Information: Show-Lock Box,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Central Bldg Heat
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Other
  • Lot Dimensions: 2649
  • Lot Size Square Feet: 2649.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Building Area Total: 6678
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 10
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: $790.00
  • Fuel Expense: $2,811.00
  • Gross Income: $72,936.00
  • Gross Scheduled Income: $72,936.00
  • Insurance Expense: $.00
  • Maintenance Expense: $2,500.00
  • Expense Year: 2019
  • Total Annual Expense Source: Actual
  • Janitor Expense: 1200
  • Net Operating Income Year: 2019
  • Total Monthly Income: 6078
  • Net Operating Income: $52,989.00
  • Operating Expense: $19,947.00
  • Other Expense: $6,720.00
  • Trash Expense: $.00
  • Water Sewer Expense: $5,926.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 1: 4
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 850
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 2: 5
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 960
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: 5
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 1000
  • Monthly Income Max - 3: 1000
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 4: 5
  • # Of Full Bthrms - Type 4: 1
  • Monthly Income - 4: 1000
  • Monthly Income Max - 4: 1000
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 5: 5
  • # Of Full Bthrms - Type 5: 1
  • Monthly Income - 5: 1000
  • Monthly Income Max - 5: 1000
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
  • # Of Full Bthrms - Type 6: 1
  • Monthly Income - 6: 1100
  • Monthly Income Max - 6: 1100
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 9370 Golf Road

DateEvent & SourcePriceAppreciation
Nov 24, 2020

Sold

MRED #10851310

$615,000
Nov 6, 2020

Sold (Public Record)

Public Record #689319330

$615,000
Nov 6, 2020

Sold (Public Record)

Public Record #1450220610

$615,000
DateEvent & SourcePrice
11/24/2020

Sold

MRED #10851310

$615,000
11/06/2020

Sold (Public Record)

Public Record #689319330

$615,000
11/06/2020

Sold (Public Record)

Public Record #1450220610

$615,000

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

Public Records for 9370 Golf Road

Taxable ValueLand$2,119Additions$77,881Total$80,000
Tax Record2023$15,968 ($1,331 / month)
Home Facts
Baths6Total Finished SqFt6,678 SqFtAbove Grade Finished SqFt6,678 SqFtStories3Lot Size2,649 SqFtStyleMulti-Family Res (5+ Units)Year Built1979Year Renovated1979CountyCOOKAPN09-10-301-104-0000

Schools near 9370 Golf 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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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.

Listing Courtesy of RPM DuPage Preferred

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 09:57 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.