8813 Dee Road

Des Plaines, IL 60016

$850,000
Price
9
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime location well maintained free standing 6 flats brick building with no association fees! High demand area with many long-term tenants, ensuring stability. Property features three 2 bed 1 bath units and three 1 bed 1 bath units. Some units are updated with granite counter top, SS appliances, hardwood/tiles flooring, updated vanities , updated bathrooms, and more! Each unit is separately metered for electric service. Coin-op laundry in building. Current rents are well below the market rate which...Prime location well maintained free standing 6 flats brick building with no association fees! High demand area with many long-term tenants, ensuring stability. Property features three 2 bed 1 bath units and three 1 bed 1 bath units. Some units are updated with granite counter top, SS appliances, hardwood/tiles flooring, updated vanities , updated bathrooms, and more! Each unit is separately metered for electric service. Coin-op laundry in building. Current rents are well below the market rate which can significantly produce over 8% cap ratio. Improved lighting and hot/cold water pipes in garden unit for peace of mind. Washer is owned by the landlord but Dryer is leased. Plenty of parking space for up to 12 cars and a huge over 11,000 sf lot next to the property which can be converted for additional parking lot or property expansion but please discuss with the village about your creativity to generate higher income. Ideal and convenient location close to Golf Mill shopping center, Lutheran General Hospital, restaurants, I-294 Expwy and MORE. Rent Roll attached in Add Info. Don't miss out on this prime opportunity.
  1. Listed by Moin Haque • Coldwell Banker Realty
  2. Listed by Eabad Haque • Coldwell Banker Realty

Property Details for 8813 Dee Road

Area
Des Plaines
Township
Maine
Zoning
MULTI

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute
LISTING UPDATED: 04/05/2024 04:10 PM

Property Details for 8813 Dee Road

StatusContingent
MLS #12004174
Days on Market34
Taxes$15,259 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1968
Lot Size0.26 AC / 11,357 SF
CountyCook County

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 8813 Dee Road

Stories-Residences6Year Built1968Building Size-Lot Size0.26 AC / 11,357 SF

Payment Calculator

$5,910 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$1,272

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8813 Dee Road

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
  • Open Parking Spaces: 12.0
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Separate Meters
  • # Of Washers: 1
  • Heat/Ventilation: Gas,Hot Water
  • # Of Window/Ac: 6
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Dishwashers: 1
  • Num of Baths: 6.0
Utilities / Equipment
  • Utilities: Water-Community
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 80 X 137
  • Lot Size Square Feet: 11357.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Fire Protection: Alarm Monitored
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 6
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Cash
  • Public Document Count: 7
  • Document Date: 2024-03-21T17:06:28
  • Photos Count: 31
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Location: In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $5,044.00
  • Gross Income: $85,800.00
  • Gross Scheduled Income: $85,800.00
  • Insurance Expense: $2,936.00
  • Maintenance Expense: $1,812.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2023
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 6780
  • Water Expense Source: Actual
  • Net Operating Income: $47,560.00
  • Operating Expense: $36,303.00
  • Other Expense: $897.00
  • Trash Expense: $7,128.00
  • Water Sewer Expense: $5,163.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
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 8813 Dee Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8813 Dee Road

Taxable ValueLand$7,382Additions$52,617Total$59,999
Tax Record2022$15,465 ($1,289 / month)
Home Facts
Baths6Total Finished SqFt4,928 SqFtAbove Grade Finished SqFt4,928 SqFtStories2Lot Size11,357 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyCOOKAPN09-15-307-088

Schools near 8813 Dee Road

This home is within East Maine School District 63.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 9 to 12
Public - 9 to 12
Private - 2 to 8
Rating
School
Distance
Apollo Elementary School
PublicK to 5

Maine East High School
Public9 to 12

Ralph J Frost Academy
Public9 to 12

Laureate Day School
Private2 to 8

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.

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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 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.