NOT LISTED FOR SALE

1000 Preston Ave Unit 4 Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $216,000 - $306,249

2 Beds
2 Baths
1,602 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2021

Last sale price $205,000 $128 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,061 / mo

1 Day on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Granite Countertops
  • Landscaped Professionally
  • Corner Lot
  • Stainless Steel Appliances

About This Home

As of May 2021

Welcome to The Dairy Lofts! This historic building was built in the 1930s and was home to the Elgin Modern Dairy Co. In the late 2000's it was renovated into 4 distinct condos which you see today. Not only is there an amazing history in this condo but it is modern and private. The Dairy Lofts have a private gated entrance that opens to the relaxing courtyard. This unit features beautiful original exposed brick | High ceilings throughout | Skylight | Dual vanity | Open floorplan | Wide open kitchen with island | Stainless appliances | NEW dishwasher | NEW range | Granite countertops | 42" cabinets with crown | NEW paint | NEW water heater | and more. This unit has a unique outdoor space in the back where you can let a pet out and/or get some fresh air. This unit also has about 150 sq ft of unfinished attic space that can be used for storage. The location is EXCELLENT as it's just minutes from I90, RT59, Downtown Elgin, the Metra, and ample shopping, dining, and entertainment.

Last Agent to Sell the Property

Andrew Stoll

Stoll Real Estate License #471018925 Listed on: 03/24/2021

Last Buyer's Agent

Shawn Kinney

Real People Realty License #475190690

Real People Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 2008

HOA Fees

  • $200 per month

Parking

  • Detached Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Brick Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof

Interior Spaces

  • Open Floorplan
  • Skylights
  • Gas Log Fireplace
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Brick Porch or Patio

Lot Details

  • Landscaped Professionally
  • Corner Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

2008

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2008
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2008

Interior Features

  • Interior Property Features: Skylight(s), Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Laundry Hook-Up in Unit, Open Floorplan, Some Carpeting, Granite Counters
  • Number Of Rooms: 4
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 11X5, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Dimensions: 15X14, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space, Island, Granite Counters
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 16X15, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Estimated Sq Ft: 1602
  • Dining Room Type: None
  • Family Room: Dimensions: 20X15, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Brick Paver Patio, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Parking Details: Off Street, Driveway
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Brick
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Electric, Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 200
  • Management Contact Name: Susan Farnham
  • Management Phone: 847-514-9262

Fee Information

  • Management Company: Dairy Loft Association

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Description: Common Grounds, Corner, Landscaped Professionally, Sidewalks, Streetlights
  • Parcel Identification Number: 0612237028

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 1

Tax Info

  • Taxes: 4112.82

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 7, 2021
Sold by
Bought by
Seller's Agent
Andrew Stoll
Stoll Real Estate
Buyer's Agent
Shawn Kinney
Real People Realty
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Current Estimated Value
$277,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,062
Avg. Annual Appreciation
6.13%
Original Mortgage
$198,850
Outstanding Balance
$181,305
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$95,757

Purchase Details

Closed on
Nov 23, 2020
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$205,000 Chicago Title Insurance Co
-- Chicago Title Land Trust Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $198,850
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $205,000 +2.5% $128 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $200,000 -- $125 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,392 $62,876 $12,964 $49,912
2023 $4,160 $56,804 $11,712 $45,092
2022 $3,971 $51,795 $10,679 $41,116
2021 $4,320 $48,425 $9,984 $38,441
2020 $4,216 $46,229 $9,531 $36,698
2019 $4,113 $44,036 $9,079 $34,957
2018 $4,101 $41,485 $8,553 $32,932
2017 $4,034 $39,219 $8,086 $31,133
2016 $3,881 $36,385 $7,502 $28,883
2015 -- $33,350 $6,876 $26,474
2014 -- $32,938 $6,791 $26,147
2013 -- $33,807 $6,970 $26,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11031190

Midwest Real Estate Data (MRED)

APN: 06-12-237-028

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