Seller's Agent in 2022
Alison France
@ Properties
(630) 742-4918
1 in this area
109 Total Sales
1135 Royal Blvd Elgin, IL 60123
Northeast Elgin NeighborhoodEstimated Value: $698,000 - $1,498,724
39
Beds
21
Baths
5,064
Sq Ft
$180/Sq Ft
Est. Value
About This Home
As of August 2022Great investment opportunity! All brick and cedar, 6 unit building 4 - 2 bedroom/1 bath, 2 -1 bedroom/1 bath~ with convenient location. All units are currently leased with long time tenants~Very nice treed lot with private lighted parking lot~Roof & gutters replaced in 2013~Hot water tank replaced in 2015~Boiler pump, pressure tank, and zone valves replaced in 2021~New tile and laminate flooring replaced in several units~Significant rental upside~Great location!
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475130336 Listed on: 06/20/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,651
Year Built
- Built in 1970
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 77 x 143
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,064 Sq Ft Home
- 3-Story Property
- Exterior Basement Entry
Bedrooms and Bathrooms
- 39 Bedrooms
- 21 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
- 100 Amp Service
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Fuel Expense $3,100
- Insurance Expense $2,200
- Maintenance Expense $375
- Trash Expense $2,277
- Water Sewer Expense $5,171
- Operating Expense $25,774
- Gross Income $68,080
- Net Operating Income $42,306
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2022
Closed on
Aug 12, 2022
Sold by
Sam Cicinelli Trust
Bought by
Ryk Elgin Properties Llc
Seller's Agent
Alison France
@properties Christie's International Real Estate
Buyer's Agent
Michael Scanlon
eXp Realty
List Price
$589,000
Sold Price
$580,000
Premium/Discount to List
-$9,000
-1.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,431
Avg. Annual Appreciation
13.30%
Original Mortgage
$464,000
Outstanding Balance
$442,857
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$467,574
Purchase Details
Closed on
Jul 1, 2019
Sold by
Cicinelli Ursula A and Cicinelli Mark A
Bought by
Cicinelli Mark A and Cicinelli Sam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 27, 2019
Sold by
Cicinelli Ursula A and Cicinelli Mark A
Bought by
Cicinelli Ursula and Ursula A Cicinelli Revocable Trust
Purchase Details
Closed on
Oct 21, 2008
Sold by
Cicinelli Sam
Bought by
Cicinelli Sam and The Sam Cicinelli Trust
Purchase Details
Closed on
Oct 8, 2003
Sold by
Czapla Bogdan and Czapla Barbara
Bought by
Cicinelli Mark and Cicinelli Sam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 22, 2001
Sold by
Ratimorszky Robert and Ratimorszky Christine
Bought by
Czapla Bogdan and Czapla Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.62%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 19, 1999
Sold by
Franta Diana Cortez
Bought by
Ratimorszky Robert and Ratimorszky Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 2, 1999
Sold by
Franta Joseph T and Franta Joseph T
Bought by
Franta Diana Cortez
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ryk Elgin Properties Llc | $580,000 | Tietz Law Firm | |
| Cicinelli Mark A | -- | Attorney | |
| Cicinelli Ursula | -- | Attorney | |
| Cicinelli Sam | -- | None Available | |
| Cicinelli Mark | $520,000 | Multiple | |
| Czapla Bogdan | $455,000 | Chicago Title Insurance Co | |
| Ratimorszky Robert | $450,000 | -- | |
| Franta Diana Cortez | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ryk Elgin Properties Llc | $464,000 | |
| Previous Owner | Cicinelli Mark A | $256,000 | |
| Previous Owner | Cicinelli Mark | $390,000 | |
| Previous Owner | Czapla Bogdan | $225,000 | |
| Previous Owner | Ratimorszky Robert | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $580,000 | -1.5% | $115 / Sq Ft |
| 06/23/2022 06/23/22 | Pending | -- | -- | -- |
| 06/20/2022 06/20/22 | For Sale | $589,000 | -- | $116 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2024 | $15,359 | $191,922 | $35,607 | $156,315 |
| 2023 | $14,780 | $173,387 | $32,168 | $141,219 |
| 2022 | $13,189 | $158,099 | $29,332 | $128,767 |
| 2021 | $12,652 | $147,811 | $27,423 | $120,388 |
| 2020 | $12,322 | $141,108 | $26,179 | $114,929 |
| 2019 | $11,993 | $134,414 | $24,937 | $109,477 |
| 2018 | $11,502 | $122,338 | $23,492 | $98,846 |
| 2017 | $12,037 | $123,035 | $23,625 | $99,410 |
| 2016 | $13,101 | $128,836 | $21,918 | $106,918 |
| 2015 | -- | $118,090 | $20,090 | $98,000 |
| 2014 | -- | $116,632 | $19,842 | $96,790 |
| 2013 | -- | $119,708 | $20,365 | $99,343 |
Source: Public Records
Agents Affiliated with this Home
-
Alison France
-
Michael Scanlon
Buyer's Agent in 2022
Michael Scanlon
eXp Realty
(773) 630-9205
3 in this area
879 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11440294
APN: 06-10-276-008
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Based on information submitted to the MLS GRID
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