1430 Donovan Drive

Chicago Heights, IL 60411

$710,000
Last Sold Price
22
Beds
12
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity to add to your multi-family portfolio. 10 two bedroom units and 2 one bedroom units. Clean, well maintained building with some long time tenants. Lots of upgrades in the past 6 years, new boiler in 2016, newer 100 gallon water heater, newer roof, updates in units. Deferred maintenance has all been taken care of. Coin laundry, storage for units in basement, boiler heat. Tenants pay electric. Off street parking. Taxes have been protested.Great opportunity to add to your multi-family portfolio. 10 two bedroom units and 2 one bedroom units. Clean, well maintained building with some long time tenants. Lots of upgrades in the past 6 years, new boiler in 2016, newer 100 gallon water heater, newer roof, updates in units. Deferred maintenance has all been taken care of. Coin laundry, storage for units in basement, boiler heat. Tenants pay electric. Off street parking. Taxes have been protested.
  1. Listed by Stephen Stanwick • Arrow Enterprises INC
  2. Listed by Carol Treace • Arrow Enterprises INC

Sold By @properties Christie's International Real Estate

Property Details for 1430 Donovan Drive

Area
Chicago Heights
Township
Bloom
Num Of Parking Spaces
15.0
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 05/19/2023 03:05 PM

Property Details for 1430 Donovan Drive

StatusClosed
MLS #11717951
Days on Market95
Taxes$43,408 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1972
Lot Size0.36 AC / 15,681 SF
CountyCook County

Location

Add your commute

Building Information for 1430 Donovan Drive

Stories-Residences12Year Built1972Building Size-Lot Size0.36 AC / 15,681 SF

Payment Calculator

$7,492 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,875

Property Taxes

$3,617

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1430 Donovan Drive

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Electric: Circuit Breakers
  • # Of Washers: 2
  • Basement Description: Partially Finished
  • Heat/Ventilation: Central Bldg Heat,Radiators
  • # Of Window/Ac: 12
  • # Of Refrigerators: 12
  • Washer/Dryer Lsd: Yes
  • Misc Inside: Laundry Room
  • # Of Dryers: 2
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 12.0
Exterior Features
  • Misc Outside: Balcony/ies
Utilities / Equipment
  • Utilities: Sanitary Sewer
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 149 X 117 X 146 X 105
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 12
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 26
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Security Entrance
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
Income & Expenses
  • Electric Expense: $700.00
  • Fuel Expense: $5,501.00
  • Gross Income: $137,100.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $4,323.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2017
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2021
  • Other Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 11425
  • Water Expense Source: Actual
  • Net Operating Income: $75,408.00
  • Operating Expense: $64,520.00
  • Other Expense: $6,000.00
  • Trash Expense: $2,446.00
  • Water Sewer Expense: $7,467.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 10
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1430 Donovan Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1430 Donovan Drive

Taxable ValueLand$10,736Additions$59,078Total$69,814
Tax Record2022$44,126 ($3,677 / month)
Home Facts
Total Finished SqFt11,760 SqFtAbove Grade Finished SqFt11,760 SqFtStories3Lot Size16,518 SqFtStyleMulti-Family Res (5+ Units)Year Built1970CountyCOOKAPN32-19-404-016

Schools near 1430 Donovan Drive

This home is within Bloom Twp Hsd 206 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 9 to 12
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Roosevelt Elementary School
PublicK to 5

Bloom High School
Public9 to 12

Dist 206 Alternative High School
Public9 to 12

St Pauls Lutheran School
PrivatePK 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Arrow Enterprises INC

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.