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Sold on 01/17/2018
Kate Schumacher of Baird & Warner Real Estate

438 S 3rd St, West Dundee, IL 60118

  • $345,000

    Last sold 01/17/2018 after 315 Days

  • 4

    bed

  • 3

    bath

  • 1,984

    Sqft ($174/Sqft)

Multi-family not for sale
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About 438 S 3rd St

Property type Multi-family
Neighborhood
Year built 1894
HOA fee $0/month
Lot size 0.26 Acre
Property description
This unique two building property boasts 5 rental units. Main building is a gorgeous stone 2-flat with a big front porch with arches and columns. The downstairs unit has hardwood floors and trim and wood built-ins throughout, a beautiful antique iron tiled fireplace and a cozy eat-in kitchen. The upstairs unit is a bright and sunny 2 bedroom, one bath, with newer windows, eat-in kitchen and sun room. Original stained glass windows, a new cement driveway and front steps. The coach house has an attached 5 car garage with new garage doors. Three charming 1 bedroom, 1 bath units with hardwood floors. A new asphalt driveway in back, new water heater, shutters, and gutters. Coach house has month to month renters. All 5 Units rented out. This is a great investment, two properties for the price of one.
Listed by
Listing Agent - Kate Schumacher
Listing Office - Baird & Warner Real Estate
Source: MRED mls logo
MLS#09524526 • last updated 8 years ago
Movoto checked MRED for data 7 minutes ago
Overview
Cooling/AC None
MLS # 9524526
Type Multi Family 5+
Lot Size (SqFt) 11352
Property Tax $ 9642.84
Year Built 1894
Interior
# Of Full Bthrms - Type 2 1
# Of Full Bthrms - Type 3 1
Basement Unfinished, Exterior Access, Bathroom Rough-In
# Fireplaces 1
Exterior
Foundation Concrete
Exterior Frame, Block
# Of Parking Spaces 12
Amenities / Utilities
# Units in Building 5
Location
Subdivision OLD WEST DUNDEE
County Kane
Directions Rt 31 N. East On South St. South On 3rd To Property
APN 327230036
Zoning MULTI
Multifamily Details
Unit 3: Total # of Rooms 3
Unit 1: Total # of Rooms 5
Unit 2: Total # of Rooms 5
Unit 3: # of Bedrooms 1
Unit 2: # of Bedrooms 2
Unit 1: # of Bedrooms 1
Unit 1: # Full Bath 1
Expense: Electricity 401
Gross Rental Income 43800
Net Operating Income 27554
Total Annual Expense 5210
Gross Rent Multiplier 8.9
Expense: Fuel 1178
Total Annual Expense Source Owner Projection
Expense: Water 1828
Expense: Insurance 2378
Total Annual Income 43800
Lot/ Land Details
Lot Desc Sidewalks
Current Use Residential-Multi-Family
We are not permitted to show value estimates for this property.
  • Jan 2018
    mls logo MLS # 09524526
  • Jan 17, 2018 Sold
    $345,000 (-5.7%)
  • Dec 5, 2017 Contingent
    —
  • Dec 1, 2017 Expired
    —
  • Nov 15, 2017 Contingent
    —
  • Oct 30, 2017 Price Change
    $365,900 (-4.9%)
  • Sep 7, 2017 Re-Activated
    —
  • Aug 30, 2017 Contingent
    —
  • Aug 15, 2017 Price Change
    $384,900 (-1.3%)
  • Mar 8, 2017 Listed
    $389,900 (-2.5%)
  • Dec 2016
    mls logo MLS # 09269188
  • Dec 1, 2016 Expired
    —
  • Oct 5, 2016 Price Change
    $399,900 (-3.6%)
  • Sep 2, 2016 Price Change
    $414,900 (-2.4%)
  • Jun 25, 2016 Listed
    $424,900
  • 438 S 3rd St
    $345K
  • Old West Dundee
    —
  • 60118
    $410K -17% y/y
  • West Dundee
    $410K +3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Dundee Highlands Elementary School
public Grades K-5
Community Unit School District 300
6/10
Dundee Middle School
public Grades 6-8
Community Unit School District 300
5/10
Dundee-Crown High School
public Grades 9-12
Community Unit School District 300
Source: GreatSchools.org © 2026. All rights reserved.

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