810 East Shady Way

Arlington Heights, IL 60005

$882,500
Last Sold Price
8
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

8 condominiums to be sold as a package deal only. Starting June 2021 leases are being renewed at a higher rental rate: gross annual rents will be $ 105,828, inquire for a new pro forma) The secured, well-maintained building with an elevator has a total of 40 units. 7 out of 8 units have deeded underground garage parking and 1 unit has 1 outside parking spot. 3 of the units have access to a large patio. All 8 units are 1 bedroom 1 bathroom. Low HOA assessments cover heat, water, scavenger, security...8 condominiums to be sold as a package deal only. Starting June 2021 leases are being renewed at a higher rental rate: gross annual rents will be $ 105,828, inquire for a new pro forma) The secured, well-maintained building with an elevator has a total of 40 units. 7 out of 8 units have deeded underground garage parking and 1 unit has 1 outside parking spot. 3 of the units have access to a large patio. All 8 units are 1 bedroom 1 bathroom. Low HOA assessments cover heat, water, scavenger, security system, lawn care, common insurance, snow removal. Ideal for an investor, positive cash flow from day 1. Community with a small park on the grounds, fitness center, and tennis club across the street.
  1. Listed by Monika Carney • Charles Rutenberg Realty

Sold By Berkshire Hathaway HomeServices Starck Real Estate

Property Details for 810 East Shady Way

Area
Arlington Heights
Township
Elk Grove
Num Of Parking Spaces
8.0

Location

Add your commute
LISTING UPDATED: 09/12/2021 02:01 PM

Property Details for 810 East Shady Way

StatusClosed
MLS #11035089
Days on Market134
Taxes$14,869 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Condo/Townhouse
Year Built1975
Lot Size-
CountyCook County

Building

810 E Shady Way

40 Units3 StoriesBuilt in 1975

Location

Add your commute

Building Information for 810 East Shady Way

Stories3Residences40Year Built1975Building Size-Lot Size-

Payment Calculator

$6,055 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,816

Property Taxes

$1,239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 810 East Shady Way

General Information
Addtl Parking Information
  • Indoor Parking: 6-12 Spaces
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany,Leases Avaliable
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Heat/Ventilation: Hot Water,Baseboard
  • Num of Baths: 0.0
Exterior Features
  • Building Unit Info: Security System,Smoke/Alarm Detector,Storage/Locker Area
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Condo/Townhouse
  • Lot Dimensions: COMMON
  • Stories: 3
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 13
Miscellaneous
  • Current Use: Condominium
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 04-30-2021
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $97,896.00
  • Gross Scheduled Income: $97,896.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Expense Year: 2019
  • Total Annual Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2019
  • Other Expense Source: Actual
  • Total Monthly Income: 8158
  • Net Operating Income: $59,363.00
  • Operating Expense: $23,664.00
  • Other Expense: $23,664.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 8
  • # Of Rooms - Unit 1: 4
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 1070
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 2: 0
  • Monthly Income - 2: 0
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 810 East Shady Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 810 East Shady Way

Taxable ValueLand$357Additions$1,873Total$2,230
Tax Record2022$550 ($46 / month)
Home Facts
Beds0Lot Size89,298 SqFtStyleCondominiumYear Built1972CountyCOOKAPN08-15-304-003-1048

Schools near 810 East Shady Way

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
John Jay Elementary School
PublicK to 5

Holmes Jr High School
Public6 to 8

Rolling Meadows 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 Charles Rutenberg Realty

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.