J
Seller's Agent in 2021
Jee Ramangkoun
Executive Realty Group LLC
(847) 809-4768
1 in this area
16 Total Sales
1121 Birch Dr Elgin, IL 60120
Bluff City Neighborhood
32
Beds
16
Baths
--
Sq Ft
0.57
Acre Lot
About This Home
As of June 2021Great investment opportunity in Elgin. 16 unit apartment building close to I-90. All 16 units are with 2 BR and fully occupied. All tenants have been there 5 years plus, very low turnover rate. Roofing was done in 2008, water heater in 2015 and parking paved in 2018. Each unit gets 2 parking spaces. Went under contract while in the process of listing...
Last Agent to Sell the Property
Executive Realty Group LLC License #475149715 Listed on: 03/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $34,527
Year Built
- Built in 1967
Lot Details
- 24,627 Sq Ft Lot
- Lot Dimensions are 230 x 103
Home Design
- Garden Apartment
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 32 Bedrooms
- 16 Bathrooms
Utilities
- Window Unit Cooling System
- Radiator
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 16 Units
Building Details
- Electric Expense $914
- Fuel Expense $9,531
- Insurance Expense $6,904
- Trash Expense $3,736
- Water Sewer Expense $17,621
- Operating Expense $73,232
- Gross Income $154,800
- Net Operating Income $81,568
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 22, 2021
Closed on
Apr 18, 2021
Sold by
Bought by
Seller's Agent
Jee Ramangkoun
Executive Realty Group LLC
Buyer's Agent
Weijia Tong
Concentric Realty, Inc
Sold Price
$1,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.33%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 13, 2006
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,250,000 | Chicago Title | ||
| $967,500 | Cti | ||
| -- | Fatic |
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 | $1,567,500 | ||
| Closed | $1,000,000 | ||
| Closed | $600,000 |
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 |
|---|---|---|---|---|
| 06/03/2021 06/03/21 | Sold | $1,250,000 | -3.5% | -- |
| 03/23/2021 03/23/21 | For Sale | -- | -- | -- |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- |
| 03/22/2021 03/22/21 | For Sale | $1,295,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $31,932 | $119,200 | $9,851 | $109,349 |
| 2024 | $31,932 | $110,933 | $14,776 | $96,157 |
| 2023 | $31,032 | $110,933 | $14,776 | $96,157 |
| 2022 | $31,032 | $110,933 | $14,776 | $96,157 |
| 2021 | $38,818 | $112,650 | $14,776 | $97,874 |
| 2020 | $38,574 | $112,650 | $14,776 | $97,874 |
| 2019 | $34,527 | $112,650 | $14,776 | $97,874 |
| 2018 | $20,826 | $61,297 | $10,466 | $50,831 |
| 2017 | $20,761 | $61,297 | $10,466 | $50,831 |
| 2016 | $19,533 | $61,297 | $10,466 | $50,831 |
| 2015 | $26,780 | $76,224 | $8,619 | $67,605 |
| 2014 | $25,938 | $76,224 | $8,619 | $67,605 |
| 2013 | $25,087 | $76,224 | $8,619 | $67,605 |
Source: Public Records
Agents Affiliated with this Home
-
Jee Ramangkoun
-
Weijia Tong
W
Buyer's Agent in 2021
Weijia Tong
Concentric Realty, Inc
(858) 342-9292
10 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11029371
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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