1001 Summit St Elgin, IL 60120
Corley Drive Park Neighborhood
Studio
--
Bath
--
Sq Ft
113,474
Sq Ft Lot
About This Home
This home is located at 1001 Summit St, Elgin, IL 60120. 1001 Summit St is a home located in Cook County with nearby schools including Lords Park Elementary School, Ellis Middle School, and Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 12, 2019
Sold by
Albany Bank & Trust Company Na
Bought by
Senior Citizen Parivar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$435,045
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 6, 1999
Sold by
Holy Trinity Lutheran Church
Bought by
Albany Bank & Trust Company and Trust #11-5600
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.25%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Senior Citizen Parivar | -- | Chicago Title | |
| Albany Bank & Trust Company | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Senior Citizen Parivar | $500,000 | |
| Previous Owner | Albany Bank & Trust Company | $150,000 |
Source: Public Records
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $112,361 | $363,251 | $205,125 | $158,126 |
| 2024 | $112,361 | $390,352 | $293,035 | $97,317 |
| 2023 | -- | $390,352 | $293,035 | $97,317 |
| 2022 | -- | -- | -- | -- |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2015 | $0 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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