Palatine, IL 60074,1362 Port O Call DR
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Palatine, IL 60074,1362 Port O Call DR
Palatine, IL 60074,1362 Port O Call DR
Palatine, IL 60074,1362 Port O Call DR
Palatine, IL 60074,1362 Port O Call DR

$610,000

Est. payment /mo

$637,000

4.2%
Est.Price: ?

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1362 Port O Call DR Palatine, IL 60074

6,315 SqFt

SOLD DATE : 03/18/2020

Key Details

Sold Price $610,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 6,315 sqft

Price per Sqft $96

MLS Listing ID 10558857

Maintenance Fees $5,612

Year Built 1977

Annual Tax Amount $12,065

Tax Year 2017

Lot Size 3,484 Sqft

Property Sub-Type Multi Family 5+

Property Description

ALL 2 BEDROOM UNITS. SEPARATE FURNACES WITH CENTRAL AIR, TENANT PAYS FOR ELECTRIC. VERY LARGE UNITS WITH LIVING AND DINNING ROOMS AND BALCONIES. ASSESSMENT COVERS LAWN, SNOW, GARBAGE, AND COMMON INSURANCE . ----------------------------------------------------------------------------------------------------------------- (Performa: In light of the current rental market, Smaller 2-BR units can go for $950 and Bigger 2-BR can go for $1000. Based on these numbers, on average for each building, Gross Rental income could be $67,260, with 95% Occupancy, and Laundry income$1,200 (2018), a total gross of $68,460, expenses to be $30,000 (2019), net operating income will be $ 38,460 and CAP will be about 6.0%.

Location

State IL

County Cook

Area Palatine

Zoning MULTI

Interior

Cooling Central Individual

Exterior

Utilities Available Sanitary Sewer, Sewer-Storm Available, Water-Municipal

Roof Type Rubber

Building

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Madan Khatri • Berkshire Hathaway HomeServices American Heritage
Bought with Ashwin Patel • Indian Realty
agent

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

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