Matt Lysien
Suburban Life Realty, Ltd
(224) 315-8087
519 Total Sales
23 in Downtown Elgin
$107K - $520K Price Range
116-118 Center St Elgin, IL 60120
Downtown Elgin NeighborhoodEstimated Value: $542,000 - $570,961
8
Beds
7
Baths
4,228
Sq Ft
$132/Sq Ft
Est. Value
About This Home
As of April 2018Excellent investment property in the heart of Downtown Elgin. Seven units total with (1) two bedroom unit, (5) one bedroom units and (1) studio apartment. This is an all brick building with a great location within walking distance to everything in downtown--Metra train/Pace Bus, The Centre, Gail Borden Library,etc.
Last Agent to Sell the Property
RE/MAX Horizon License #475091643 Listed on: 10/19/2017
Last Buyer's Agent
Dariusz Nowak
Pinnacle Power Brokers License #475176108
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,514
Year Built
- Built in 1900
Lot Details
- 0.95
Home Design
- Brick Exterior Construction
Interior Spaces
- 4,228 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Additional Features
- Lot Dimensions are 67x62x66x61
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $522
- Fuel Expense $743
- Insurance Expense $1,827
- Maintenance Expense $5,700
- Trash Expense $1,056
- Water Sewer Expense $2,044
- Operating Expense $21,406
- Gross Income $53,004
- Net Operating Income $31,598
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
Oct 19, 2017
Closed on
Apr 18, 2018
Sold by
A Place Of Our Own Llc
Bought by
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Dariusz Nowak
Pinnacle Power Brokers
List Price
$359,000
Sold Price
$321,000
Premium/Discount to List
-$38,000
-10.58%
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
$181,864
Avg. Annual Appreciation
6.78%
Original Mortgage
$304,500
Outstanding Balance
$256,787
Interest Rate
4.45%
Mortgage Type
Construction
Estimated Equity
$299,694
Purchase Details
Closed on
Jul 15, 2015
Sold by
Chicago Title Land Trust Company
Bought by
A Place Of Our Own Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,886
Interest Rate
4.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 27, 2002
Sold by
Colombo Darrin R and Colombo Marloe R
Bought by
Lasalle Bank Na and Trust #128488
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 26, 2002
Sold by
Colombo Raymond E and Colombo Karen M
Bought by
Colombo Darrin R and Colombo Marloe R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.3%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Elgin, IL
-
Matt Lysien
-
Luigui Corral
Luigui Corral
RE/MAX American Dream
(224) 212-1953
177 Total Sales
1 in Downtown Elgin
$192,000 Price
-
Amy Diamond
Amy Diamond
@properties Christie's International Real Estate
(224) 271-9757
287 Total Sales
1 in Downtown Elgin
$290,000 Price
-
Joanna Krzepkowska
Joanna Krzepkowska
HomeSmart Connect LLC
(630) 250-2995
154 Total Sales
1 in Downtown Elgin
$303,000 Price
-
Diense Baniak
Diense Baniak
Baird & Warner
(224) 306-1304
100 Total Sales
1 in Downtown Elgin
$252,500 Price
-
Chris Bishop
Chris Bishop
eXp Realty - St. Charles
(708) 866-1632
71 Total Sales
1 in Downtown Elgin
$300,000 Price
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 |
|---|---|---|---|
| $321,000 | First American Title & Abst | ||
| A Place Of Our Own Llc | $245,500 | Chicago Title Land Trust Co | |
| Lasalle Bank Na | $305,000 | -- | |
| Colombo Darrin R | $207,000 | -- |
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 | $304,500 | ||
| Previous Owner | A Place Of Our Own Llc | $366,886 | |
| Previous Owner | A Place Of Our Own Llc | $400,086 | |
| Previous Owner | A Place Of Our Own Llc | $198,086 | |
| Previous Owner | Chicago Title Land Trust Company | $270,000 | |
| Previous Owner | Chicago Title Land Trust Co | $692,000 | |
| Previous Owner | Lasalle Bank Na | $260,000 |
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 |
|---|---|---|---|---|
| 04/18/2018 04/18/18 | Sold | $321,000 | -10.6% | $76 / Sq Ft |
| 02/17/2018 02/17/18 | Pending | -- | -- | -- |
| 02/13/2018 02/13/18 | For Sale | $359,000 | 0.0% | $85 / Sq Ft |
| 02/01/2018 02/01/18 | Pending | -- | -- | -- |
| 10/19/2017 10/19/17 | For Sale | $359,000 | -- | $85 / 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 |
|---|---|---|---|---|
| 2025 | $12,131 | $159,010 | $24,604 | $134,406 |
| 2024 | $12,131 | $146,459 | $22,662 | $123,797 |
| 2023 | $11,279 | $132,314 | $20,473 | $111,841 |
| 2022 | $10,462 | $120,648 | $18,668 | $101,980 |
| 2021 | $10,063 | $112,797 | $17,453 | $95,344 |
| 2020 | $9,821 | $107,683 | $16,662 | $91,021 |
| 2019 | $9,580 | $102,575 | $15,872 | $86,703 |
| 2018 | $9,554 | $96,632 | $14,952 | $81,680 |
| 2017 | $9,890 | $96,160 | $14,879 | $81,281 |
| 2016 | $9,514 | $89,211 | $13,804 | $75,407 |
| 2015 | -- | $81,770 | $12,653 | $69,117 |
| 2014 | -- | $80,761 | $12,497 | $68,264 |
| 2013 | -- | $82,892 | $12,827 | $70,065 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Henrikson
Seller's Agent in 2018
Ben Henrikson
RE/MAX
(847) 931-7500
7 in this area
101 Total Sales
-
DN
Buyer's Agent in 2018
Dariusz Nowak
Pinnacle Power Brokers
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09783027
APN: 06-13-154-004
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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