205 South Dryden Place

Arlington Heights, IL 60004

$925,000
Price
5
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exceptional Investment Opportunity: 5-Unit Building in Prime Arlington Heights Location. Discover a rare gem in the heart of Arlington Heights with this well-maintained 5-flat. The building is adjacent to the Hickory Kensington TIF development. New Climate guard windows in 2023. Situated directly across from Mariano's, this property boasts convenience and accessibility, being just a half-mile from the vibrant downtown area and the METRA, and only two miles from the Arlington Park METRA stop Each...Exceptional Investment Opportunity: 5-Unit Building in Prime Arlington Heights Location. Discover a rare gem in the heart of Arlington Heights with this well-maintained 5-flat. The building is adjacent to the Hickory Kensington TIF development. New Climate guard windows in 2023. Situated directly across from Mariano's, this property boasts convenience and accessibility, being just a half-mile from the vibrant downtown area and the METRA, and only two miles from the Arlington Park METRA stop Each unit in this pristine building features a thoughtful layout comprising three rooms: a comfortable bedroom, a bathroom, and a combined kitchen and living area, designed for modern living. Additionally, the property includes a coin operated laundry room in the lower level, adding to the convenience for residents. This building represents not just a living space but a promising investment in a sought-after location. Its proximity to shopping, dining, entertainment, and transportation options makes it an attractive choice for potential renters, ensuring steady demand and significant investment returns. Don't miss this opportunity to own a piece of Arlington Heights, known for its community feel and strategic location. Whether you're looking to expand your investment portfolio or seeking a prime real estate opportunity, this clean, well-maintained building is the perfect choice.
  1. Listed by Mary Black • RE/MAX Suburban

Property Details for 205 South Dryden Place

Area
Arlington Heights
Township
Wheeling
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Listing Courtesy of RE/MAX Suburban
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LISTING UPDATED: 04/02/2024 05:28 PM

Property Details for 205 South Dryden Place

StatusActive
MLS #11981735
Days on Market86
Taxes$13,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1961
Lot Size0.06 AC / 2,700 SF
CountyCook County

Location

Listing Courtesy of RE/MAX Suburban
Add your commute

Building Information for 205 South Dryden Place

Stories-Residences5Year Built1961Building Size-Lot Size0.06 AC / 2,700 SF

Payment Calculator

$6,131 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,048

Property Taxes

$1,083

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 205 South Dryden Place

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces,Parking-Street
  • Open Parking Spaces: 5.0
Location and General Information
  • Frontage Type: City Street
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Basement Description: Finished
  • Heat/Ventilation: Gas,Hot Water,Steam
  • # Of Window/Ac: 5
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 1
  • Num of Baths: 5.0
Exterior Features
  • Building Unit Info: No Units Furnished
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 108X50
  • Lot Size Square Feet: 2700.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Fire Protection: Fire Extinguisher/s
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 2972
  • Lot Size Source: County Records
  • # Of Ranges: 5
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional, Trade, Cash
  • Public Document Count: 1
  • Document Date: 2024-02-15T17:06:09
  • Photos Count: 13
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Sidewalks,Cable Ready
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $1,500.00
  • Fuel Expense: $1,500.00
  • Gross Income: $66,000.00
  • Gross Scheduled Income: $65,000.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Combination
  • Known Encumbrances: None Known
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Combination
  • Janitor Expense: 1200
  • Net Operating Income Year: 2023
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Total Monthly Income: 5500
  • Water Expense Source: Combination
  • Net Operating Income: $65,000.00
  • Operating Expense: $4,500.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,500.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 5
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
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 205 South Dryden Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 205 South Dryden Place

Taxable ValueLand$4,050Additions$20,284Total$24,334
Tax Record2022$6,416 ($535 / month)
Home Facts
Baths5Total Finished SqFt2,927 SqFtAbove Grade Finished SqFt2,927 SqFtStories2Lot Size2,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountyCOOKAPN03-32-203-015

Schools near 205 South Dryden Place

This home is within Arlington Heights School District 25.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Windsor Elementary School
PublicK to 5

South Middle School
Public6 to 8

Prospect High School
Public9 to 12

Vanguard 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.

Similar Homes

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205 South Dryden Place is a multi-family home for sale in Arlington Heights, IL 60004. This property was listed for sale on February 15, 2024 by RE/MAX Suburban, it's currently listed at $925,000. This listing's school districts are Arlington Heights School District 25, Township Hsd 214 School District. Nearby schools include Windsor Elementary School, South Middle School and Prospect High School. 205 South Dryden Place is a 5-bed, 5-bath, multi-family home built in 1961.

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 RE/MAX Suburban

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.