15 Clay Avenue

Highwood, IL 60040

$3,250,000
Last Sold Price
3
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

12 luxury apartments in Highwood, Illinois FULLY RENTED! Highwood is approximately 30 miles north of downtown Chicago . The city is easily accessible from the North or South by interstate 94.. The property was constructed in 2008 and features an elevator, balconies and an underground heated garage. All units have individual HVAC and in-unit washers and dryers. There are 12 outdoor parking spaces as well as 12 indoor spaces. Close to Metra, Lake Michigan Beaches, downtown Highwood restaurants and...12 luxury apartments in Highwood, Illinois FULLY RENTED! Highwood is approximately 30 miles north of downtown Chicago . The city is easily accessible from the North or South by interstate 94.. The property was constructed in 2008 and features an elevator, balconies and an underground heated garage. All units have individual HVAC and in-unit washers and dryers. There are 12 outdoor parking spaces as well as 12 indoor spaces. Close to Metra, Lake Michigan Beaches, downtown Highwood restaurants and shopping.
  1. Listed by Galina Iklov • Compass

Property Details for 15 Clay Avenue

Area
Highwood
Township
MORAINE
Num Of Parking Spaces
24.0
Zoning
COMMR

Location

Add your commute
LISTING UPDATED: 05/05/2021 06:32 AM

Property Details for 15 Clay Avenue

StatusClosed
MLS #10129793
Days on Market193
Taxes$54,992 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built2008
Lot Size1.00 AC / 43,560 SF
CountyLake County

Location

Add your commute

Building Information for 15 Clay Avenue

Stories-Residences12Year Built2008Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$20,897 per month

30 year fixed, 6.43% Interest

Principal and Interest

$16,314

Property Taxes

$4,583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15 Clay Avenue

General Information
    Addtl Parking Information
  • Indoor Parking: 13-18 Spaces
  • Outdoor Parking: 6-12 Spaces
    Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required
Property Information
    Interior Features
  • Air Conditioning: Central Individual, Exhaust Fan
  • Electric: Service - 0 to 100 Amps
  • # Of Washers: 12
  • Basement Description: Other
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 12
  • # Of Dryers: 12
  • # Of Disposals: 12
  • # Of Dishwashers: 12
  • Num of Baths: 0.0
    Exterior Features
  • Misc Outside: Balcony/ies,Handicapped Access,Security Gate,Security System
    Utilities / Equipment
  • Utilities: Sanitary Sewer, Sewer-Storm Available, Water-Municipal
    Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: 1-6 Years
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 200X200
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete
  • Roof Type: Composition
  • Fire Protection: Alarm Monitored
  • Roof Structure: Flat
  • Building Area Total: 21000
  • # Of Ranges: 12
  • MRD_UNC: No
    Property and Assessments
  • Possible Use: Condominium
  • Buyer Financing: Conventional
  • Documents Available: Floor Plans and Specs
  • Photos Count: 25
    Miscellaneous
  • Current Use: Multi-Family
    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: $5,396.00
  • Fuel Expense: $1,950.00
  • Gross Income: $303,600.00
  • Gross Scheduled Income: $303,600.00
  • Insurance Expense: $2,556.00
  • Maintenance Expense: $3,860.00
  • Electric Expense Source: Actual
  • Known Encumbrances: First Mortgage
  • Total Annual Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 6500
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 25300
  • Water Expense Source: Actual
  • Net Operating Income: $22,017.00
  • Operating Expense: $83,422.00
  • Other Expense: $1,750.00
  • Trash Expense: $1,735.00
  • Water Sewer Expense: $5,403.00
    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: 1.1
  • Monthly Income - 1: 1800
    Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 11
  • # Of Rooms - Unit 2: 6
  • # Of Full Bthrms - Type 2: 2
  • Monthly Income - 2: 2100
    Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 3: 0
  • Monthly Income - 3: 0
    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 15 Clay Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 15 Clay Avenue

Taxable ValueLand$648,224Additions$217,824Total$866,048
Tax Record2022$75,334 ($6,278 / month)
Home Facts
Total Finished SqFt27,600 SqFtAbove Grade Finished SqFt27,600 SqFtStories3Lot Size20,029 SqFtStyleMiscellaneous CommercialYear Built2008CountyLAKEAPN16-15-210-008

Schools near 15 Clay Avenue

This home is within Twp Hsd 113 School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
RatingSchoolDistance
Wayne Thomas Elementary School
PublicK to 5

Northwood Jr High School
Public6 to 8

Highland Park High School
Public9 to 12

Oak Terrace Elementary School
PublicK to 5

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Compass

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Greater Northwest Indiana Association 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, Greater Northwest Indiana Association 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.