8350 Kimball Avenue

Skokie, IL 60076

$1,923,000
Last Sold Price
27
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible Brick Multi-family building Available in Lincolnwood/Skokie! This building has it all. Recent Gut Rehabbed all units are set up as a 3 Bedroom Condos. Complete with all new appliances, finishes, and New Mechanicals. wow a CASH cow. With a 6.4 Cap Rate, This Recent Gut Rehabbed building is here for the discriminating buyer. You'll be delighted to find, Hardwood floors throughout, Central Heat and Air, Gourmet Granite kitchens and sleek styled baths. In-unit laundry, extra storage & parking...Incredible Brick Multi-family building Available in Lincolnwood/Skokie! This building has it all. Recent Gut Rehabbed all units are set up as a 3 Bedroom Condos. Complete with all new appliances, finishes, and New Mechanicals. wow a CASH cow. With a 6.4 Cap Rate, This Recent Gut Rehabbed building is here for the discriminating buyer. You'll be delighted to find, Hardwood floors throughout, Central Heat and Air, Gourmet Granite kitchens and sleek styled baths. In-unit laundry, extra storage & parking spot with each unit. Units come complete with balconies and tenants with a total gross income of $18,900 per month. It's wonderful owning a building that's been rebuilt and rehabbed. Minimal repairs. show and sell. A hot one!
  1. Listed by Chaz Walters • Coldwell Banker Residential
  2. Listed by Linda Monty • Coldwell Banker Residential

Sold By Westward 360

Property Details for 8350 Kimball Avenue

Area
Skokie
Township
Evanston
Num Of Parking Spaces
9.0
Num of Interior Fireplaces
9
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 05/05/2021 08:24 AM

Property Details for 8350 Kimball Avenue

StatusClosed
MLS #10535109
Days on Market293
Taxes$52,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1965
Lot Size0.26 AC / 11,274 SF
CountyCook County

Location

Add your commute

Building Information for 8350 Kimball Avenue

Stories-Residences9Year Built1965Building Size-Lot Size0.26 AC / 11,274 SF

Payment Calculator

$14,861 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,495

Property Taxes

$4,367

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8350 Kimball Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces,Assigned Spaces,Paved
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • # Of Washers: 9
  • Basement Description: Partially Finished
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Window/Ac: 9
  • # Of Refrigerators: 9
  • Washer/Dryer Lsd: Yes
  • Misc Inside: Elevator/s Freight,Elevator/s Passenger,Storage Inside
  • # Of Dryers: 9
  • # Of Disposals: 9
  • # Of Dishwashers: 9
  • Num of Baths: 0.0
Exterior Features
  • Misc Outside: Enclosed Stairs
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Interior Entrance,Flats
  • Lot Dimensions: 124.25X90.74
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete
  • Roof Type: Membrane, Reflective Coating, Rubber
  • Fire Protection: None
  • Roof Structure: Flat,Pitched
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 9
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Condominium, Multi-Family
  • Buyer Financing: Conventional
  • Documents Available: Aerial Map,Rent Roll,Floor Plans and Specs,Existing Survey,Tax Bill,Operating Statement
  • Public Document Count: 0
  • Photos Count: 26
  • Deconversion: Y
Miscellaneous
  • Current Use: Condominium, Multi-Family
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks,Cable Ready
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 01-11-2020
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Electric Expense: $900.00
  • Fuel Expense: $840.00
  • Gross Income: $226,800.00
  • Gross Scheduled Income: $226,800.00
  • Insurance Expense: $3,400.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2019
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Janitor Expense: 2400
  • Net Operating Income Year: 2019
  • Other Expense Source: Actual
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 18900
  • Water Expense Source: Actual
  • Net Operating Income: $161,540.00
  • Operating Expense: $65,540.00
  • Other Expense: $1,900.00
  • Trash Expense: $900.00
  • Water Sewer Expense: $2,800.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 9
  • # Of Rooms - Unit 1: 6
  • # Of Full Bthrms - Type 1: 2
  • Monthly Income - 1: 2100
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 8350 Kimball 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 8350 Kimball Avenue

Taxable ValueLand$10,662Additions$118,933Total$129,595
Tax Record2022$38,992 ($3,249 / month)
Home Facts
StyleMulti-Family Res (5+ Units)CountyCOOKAPN10-23-403-080

Schools near 8350 Kimball Avenue

This home is within Skokie School District 73-5.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
John Middleton Elementary School
Public1 to 5

Oliver Mccracken Middle School
Public6 to 8

Niles Central
Public9 to 12

Niles North 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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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 Coldwell Banker Residential

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.