401-425 South Hartwell Street

Gilman, IL 60938

$500,000
Last Sold Price
27
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent opportunity for 15 units in Gilman in four buildings-well maintained, parking, laundry. Buildings are combo of brick and vinyl with good roofs, excellent care throughout- preference to sell as package. 6 units empty lower income due to rehabbing.Excellent opportunity for 15 units in Gilman in four buildings-well maintained, parking, laundry. Buildings are combo of brick and vinyl with good roofs, excellent care throughout- preference to sell as package. 6 units empty lower income due to rehabbing.
  1. Listed by Richard Hansen • McColly Rosenboom

Sold By McColly Rosenboom

Property Details for 401-425 South Hartwell Street

Area
Gilman
Num Of Parking Spaces
24.0

Location

Add your commute
LISTING UPDATED: 10/01/2021 11:26 AM

Property Details for 401-425 South Hartwell Street

StatusClosed
MLS #10968716
Days on Market264
Taxes$2,618 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1981
Lot Size0.27 AC / 11,550 SF
CountyIroquois County

Location

Add your commute

Building Information for 401-425 South Hartwell Street

Stories-Residences15Year Built1981Building Size-Lot Size0.27 AC / 11,550 SF

Payment Calculator

$2,947 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 401-425 South Hartwell Street

General Information
Location and General Information
  • Information: 24-Hr Notice Required,No Sign on Property,Highly Confidential
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Grid: 990
  • Heat/Ventilation: Electric
  • # Of Window/Ac: 15
  • # Of Refrigerators: 15
  • Washer/Dryer Lsd: No
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Interior Entrance,Courtyard
  • Lot Dimensions: 82.5 X 140
  • Stories: 2
  • Exterior Building Type: Vinyl Siding, Brick
  • Construction: Brick, Wood Frame
  • # Of Ranges: 15
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2021-01-11T19:34:21
  • Photos Count: 17
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 15
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $79,200.00
  • Gross Scheduled Income: $79,200.00
  • Insurance Expense: $12,037.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 6600
  • Net Operating Income: $57,851.00
  • Operating Expense: $21,349.00
  • Other Expense: $2,650.00
  • Trash Expense: $1,284.00
  • Water Sewer Expense: $2,760.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 12
  • # Of Rooms - Unit 1: 5
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 450
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
  • # Of Rooms - Unit 2: 4
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 400
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 401-425 South Hartwell Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 401-425 South Hartwell Street

This home is within Iroquois West Community Unit School District 10.
Rating
School
Type
Grades
Distance
Public - 1 to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Iroquois West Elementary School/Gilman
Public1 to 3

Iroquois West Elementary Sch/Thawville
Public4 to 5

Iroquois West Middle School
Public6 to 8

Iroquois West High 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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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 McColly Rosenboom

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.