2300 Burlington Avenue

Downers Grove, IL 60515

$2,050,000
Last Sold Price
20
Beds
12
Baths
8
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

  1. Listed by Emily Habich • Marcus & Millichap Chicago Apartment Brokers

Property Details for 2300 Burlington Avenue

Area
Downers Grove
Township
Lisle
Num Of Parking Spaces
20.0
Zoning
MULTI

Location

Listing Courtesy of Marcus & Millichap Chicago Apartment Brokers

Sold By Marcus & Millichap Chicago Apartment Brokers

Add your commute
LISTING UPDATED: 06/28/2023 02:17 PM

Property Details for 2300 Burlington Avenue

StatusClosed
MLS #11678928
Days on Market212
Taxes$17,104 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1970
Lot Size0.54 AC / 23,522 SF
CountyDuPage County

Location

Listing Courtesy of Marcus & Millichap Chicago Apartment Brokers

Sold By Marcus & Millichap Chicago Apartment Brokers

Add your commute

Building Information for 2300 Burlington Avenue

Stories-Residences12Year Built1970Building Size-Lot Size0.54 AC / 23,522 SF

Payment Calculator

$12,613 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,188

Property Taxes

$1,425

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2300 Burlington Avenue

General Information
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required,Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Heat/Ventilation: Hot Water,Baseboard
  • Num of Baths: 12.8
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 23,522 SF
  • Lot Size Square Feet: 23522.0
  • Stories: 2
  • Building Area Total: 12400
  • Conversion: N
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 0
  • Photos Count: 1
  • Deconversion: N
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: $1,512.00
  • Fuel Expense: $11,668.00
  • Gross Income: $199,500.00
  • Gross Scheduled Income: $195,736.00
  • Insurance Expense: $4,600.00
  • Maintenance Expense: $3,600.00
  • Manager Expense: $9,787.00
  • Electric Expense Source: Actual
  • Expense Year: 2022
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 3600
  • Manager Expense Source: BP
  • Net Operating Income Year: 2022
  • Other Expense Source: Combination
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 16625
  • Water Expense Source: Actual
  • Net Operating Income: $118,674.00
  • Operating Expense: $77,062.00
  • Other Expense: $12,131.00
  • Trash Expense: $6,593.00
  • Water Sewer Expense: $6,467.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 8
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 2300 Burlington 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 2300 Burlington Avenue

Taxable ValueLand$35,420Additions$123,730Total$159,150
Tax Record2022$9,367 ($781 / month)
Home Facts
Lot Size11,761 SqFtStyleMulti-Family Dwelling (2-4)ZoningRCountyDUPAGEAPN08-12-209-020

Schools near 2300 Burlington Avenue

This home is within Downers Grove Gsd 58 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Private - 10 to 12
Rating
School
Distance
Henry Puffer School
PublicPK to 6

Herrick Middle School
Public7 to 8

Downers Grove North High School
Public9 to 12

The Bridge High School
Private10 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.

Neighborhood Map and Transit

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 Marcus & Millichap Chicago Apartment Brokers

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.