600 Dempster Street

Mount Prospect, IL 60056

$1,055,000
Last Sold Price
17
Beds
9
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare 9-unit building with upside potential ! Income could be $135,600 (market rent) Clean & well-maintained Solid construction 8 2-BR, 1-bath units/1 1-BR, 1-bath unit All new roof including shingles, wood decking & trusses Some windows replaced Some units updated Newer hot water heater Extra large units with eat-in kitchens & LR/DR combo Storage for each unit & laundry room with W&D Private assigned parking for 18 cars "Other Expense" is association fee Great rental location adjacent to park, walk...Rare 9-unit building with upside potential ! Income could be $135,600 (market rent) Clean & well-maintained Solid construction 8 2-BR, 1-bath units/1 1-BR, 1-bath unit All new roof including shingles, wood decking & trusses Some windows replaced Some units updated Newer hot water heater Extra large units with eat-in kitchens & LR/DR combo Storage for each unit & laundry room with W&D Private assigned parking for 18 cars "Other Expense" is association fee Great rental location adjacent to park, walk to Fitness/Recreation Ctr, close to shopping, restaurants & easy access to new Elmhurst Rd/I-90 interchange
  1. Listed by Richard Dawidiuk • RE/MAX Central Inc.

Sold By Baird & Warner

Property Details for 600 Dempster Street

Area
Mount Prospect
Township
Elk Grove
Num Of Parking Spaces
18.0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 07/15/2022 10:12 AM

Property Details for 600 Dempster Street

StatusClosed
MLS #11390821
Days on Market75
Taxes$28,347 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1974
Lot Size0.39 AC / 16,789 SF
CountyCook County

Location

Add your commute

Building Information for 600 Dempster Street

Stories-Residences9Year Built1974Building Size-Lot Size0.39 AC / 16,789 SF

Payment Calculator

$8,120 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,758

Property Taxes

$2,362

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 600 Dempster Street

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces,Assigned Spaces,Paved,Private Lot
Location and General Information
  • Information: Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • # Of Washers: 1
  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water,Baseboard
  • # Of Window/Ac: 13
  • # Of Refrigerators: 9
  • Washer/Dryer Lsd: No
  • Misc Inside: Inside Corridor/s,Storage Inside,Laundry Room
  • # Of Dryers: 1
  • Num of Baths: 9.0
Exterior Features
  • Misc Outside: Courtyard
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 118 X 142
  • Lot Size Square Feet: 16789.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Roof Type: Composition
  • Roof Structure: Pitched
  • Building Area Total: 8941
  • # Of Ranges: 9
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2022-04-30T19:24:30
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Electric Expense: $705.00
  • Fuel Expense: $4,500.00
  • Gross Income: $118,980.00
  • Gross Scheduled Income: $121,380.00
  • Insurance Expense: $3,000.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 10115
  • Net Operating Income: $69,668.00
  • Operating Expense: $51,712.00
  • Other Expense: $5,160.00
  • Trash Expense: $.00
  • Water Sewer Expense: $10,000.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 2
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 600 Dempster Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 600 Dempster Street

Taxable ValueLand$6,736Additions$32,912Total$39,648
Tax Record2018$11,319 ($943 / month)
Home Facts
Baths6Total Finished SqFt5,774 SqFtAbove Grade Finished SqFt5,774 SqFtStories2Lot Size12,249 SqFtStyleMulti-Family Res (5+ Units)Year Built1974CountyCOOKAPN08144011120000

Schools near 600 Dempster Street

This home is within Comm Cons School District 59.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Robert Frost Elementary School
PublicK to 5

Friendship Jr High School
Public6 to 8

Prospect High School
Public9 to 12

The Academy at Forest View
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 RE/MAX Central 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.