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Sold on 10/25/2016
Peter Drossos of Keller Williams Realty Ptnr,LL

388 N 3rd Ave, Des Plaines, IL 60016

  • $632,000

    Last sold 10/25/2016 for $355K

  • 7

    bed

  • —

    bath

Multi-family not for sale
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About 388 N 3rd Ave

Property type Multi-family
Year built 1964
HOA fee $0/month
Movoto estimate
Property description
This is a solid, 4-unit building in an excellent area. There are 3, 2-bedroom units and 1, 1-bedroom unit. Each unit needs minor cosmetic repairs. This is a cash flow producing property! It will not last. In each unit: enter into a large LR/DR area just a few steps away from a nicely-sized kitchen. Enjoy a spacious bathroom in each unit too! All bedrooms are spacious with ample closet space. Close to schools, shopping and transportation. A must see. A 10! Show and sell. Use today's low interest rates to secure an excellent investment opportunity!
Listed by
Listing Agent - Peter Drossos
Listing Office - Keller Williams Realty Ptnr,LL
Source: MRED mls logo
MLS#09301126 • last updated 9 years ago
Movoto checked MRED for data 23 minutes ago
Overview
Heating Hot Water/Steam
MLS # 9301126
Type Two To Four Units
Property Tax $ 9348.8
Year Built 1964
Interior
Basement Crawl, None
Total # of Rooms 15
Other Room(s) Utility Room-1st Floor
Exterior
Foundation Concrete
Exterior Brick
Roof Asphalt/Glass (Shingles)
Parking Desc Space/s
# Parking Spaces 2, 2
Lot Desc Less Than 0.25 Acre, Fenced Yard
Amenities / Utilities
Sewer/ Septic Desc Sewer-Public
Water Source Lake Michigan
Location
Community Features Sidewalks, Street Lights, Street Paved
County Cook
High School District 207
Elementary School District 62
Middle School District 62
Directions Rand To Third Avenue Then North To 388
APN 9081030090000
Zoning MULTI
Multifamily Details
Unit 2: Interior Features Stove, Refrigerator, Window Air Conditioner
Unit 3: Interior Features Stove, Refrigerator, Window Air Conditioner
Unit 1: Interior Features Stove, Refrigerator, Window Air Conditioner
Unit 4: Interior Features Stove, Refrigerator, Window Air Conditioner
Unit 4: Tenant Pays Electric
Unit 3: Tenant Pays Electric
Unit 2: Tenant Pays Electric
Unit 1: Tenant Pays Electric
Unit 3: Rent 875
Unit 2: Rent 850
Unit 3: Total # of Rooms 4
Unit 1: Total # of Rooms 3
Unit 4: Total # of Rooms 4
Unit 2: Total # of Rooms 4
Unit 4: # of Bedrooms 2
Unit 3: # of Bedrooms 2
Unit 2: # of Bedrooms 2
Unit 1: # of Bedrooms 1
Unit 2: Security Deposit 725
Unit 3: Security Deposit 875
$632K
Range: $562K-$701K
Last 30 days 
  • Oct 2016
    mls logo MLS # 09301126
  • Oct 25, 2016 Sold
    $355,000 (-1.4%)
  • Aug 16, 2016 Contingent
    —
  • Jul 29, 2016 Listed
    $360,000 (+24.6%)
  • Oct 2013
    mls logo MLS # 08271456
  • Oct 29, 2013 Cancelled
    —
  • Feb 14, 2013 Listed
    $289,000 (-52.5%)
  • Apr 2008
    mls logo MLS # 06781240
  • Apr 22, 2008 Cancelled
    —
  • Jan 23, 2008 Listed
    $609,000 (+0.7%)
  • Aug 2007
    mls logo MLS # 06482543
  • Aug 21, 2007 Cancelled
    —
  • Apr 18, 2007 Listed
    $605,000 (+19.3%)
  • Apr 2005
    Public Records
  • Apr 29, 2005 Sold
    $507,000
  • 388 N 3rd Ave
    $355K
  • —
  • 60016
    $340K +4% y/y
  • Des Plaines
    $359K +1% y/y
No chart available
Statistics calculated by Movoto

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8/10
Cumberland Elementary School
public Grades K-5
Community Consolidated School District 62
5/10
Chippewa Middle School
public Grades 6-8
Community Consolidated School District 62
6/10
Maine West High School
public Grades 9-12
Maine Township Hsd 207 School District
Source: GreatSchools.org © 2026. All rights reserved.

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