Ken Bruderle
Responds Quickly
Superior Homes Realty
(224) 347-7415
54 Total Sales
2 in Gifford Park
$293K - $300K Price Range
116 College St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $387,000 - $475,000
6
Beds
4
Baths
--
Sq Ft
10,019
Sq Ft Lot
Highlights
- Victorian Architecture
- Fenced Yard
- Porch
- Sitting Room
- Balcony
- 5-minute walk to James T Gifford Park
About This Home
As of December 2018Great 4unit with (3) 1bed units and (1) 2bed apartment. Located on the same street as Elgin Academy and is close to downtown. Fully rented, 1 year leases, full security deposits, GREAT CAP RATE over 13% Seller relocating out of state. Below market value As-Is
Last Agent to Sell the Property
Coldwell Banker Realty License #475129084 Listed on: 11/15/2018
Last Buyer's Agent
Gary Lucido
Lucid Realty, Inc. License #471004524
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,394
Year Built
- Built in 1903
Lot Details
- Lot Dimensions are 66x153
- Fenced Yard
Home Design
- Victorian Architecture
- Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Entrance Foyer
- Sitting Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Parking Included in Price
Outdoor Features
- Balcony
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
- 4 Flat
Building Details
- Gross Income $4,740
- Net Operating Income $42,600
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
Nov 15, 2018
Closed on
Dec 14, 2018
Sold by
Weststar Industries Llc
Bought by
Seller's Agent
Naomi Campbell
Coldwell Banker Realty
Buyer's Agent
Gary Lucido
Lucid Realty, Inc.
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
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
$142,403
Avg. Annual Appreciation
6.56%
Purchase Details
Closed on
Aug 11, 2016
Sold by
Jarvis Robert
Bought by
Weststar Industries Llc
Purchase Details
Listed on
Nov 27, 2012
Closed on
Jun 3, 2013
Sold by
Md Properties Llc
Bought by
Jarvis Robert
Seller's Agent
Micky Cicchinelli
Chicago PM LLC
Buyer's Agent
Micky Cicchinelli
Chicago PM LLC
List Price
$100,000
Sold Price
$81,600
Premium/Discount to List
-$18,400
-18.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Purchase Details
Closed on
Jan 27, 2011
Sold by
Parks Michael R
Bought by
Md Properties Llc
Purchase Details
Closed on
Jul 2, 2010
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Parks Michael R
Purchase Details
Closed on
Dec 28, 2009
Sold by
Perez Rolando
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company Na
Purchase Details
Closed on
Aug 2, 2005
Sold by
Sinnaeve Joseph E and Sinnaeve Laura
Bought by
Perez Rolando
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 15, 2002
Sold by
Veloz Jose M and Veloz Maria E
Bought by
Sinnaeve Joseph E and Sinnaeve Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 26, 1999
Sold by
Veloz Jose and Veloz Maria E
Bought by
Veloz Jose M and Veloz Maria E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,191
Interest Rate
6.94%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 24, 1994
Sold by
Harris Bank Barrington National Assn
Bought by
Veloz Jose M and Veloz Maria E
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gifford Park, IL
-
Ken Bruderle
-
Katie Holmes
Katie Holmes
Keller Williams Success Realty
(224) 802-3626
90 Total Sales
1 in Gifford Park
$200,000 Price
-
Kimberly Zahand
Kimberly Zahand
Keller Williams North Shore West
(708) 859-7009
395 Total Sales
1 in Gifford Park
$350,000 Price
-
Lisa Wolf
Lisa Wolf
Keller Williams North Shore West
(224) 332-2538
1,086 Total Sales
1 in Gifford Park
$350,000 Price
-
Ruben Camacho
Ruben Camacho
Kale Realty
(844) 770-1569
114 Total Sales
1 in Gifford Park
$295,000 Price
-
Veronica Rosales
Veronica Rosales
Keller Williams Infinity
(630) 934-2056
48 Total Sales
1 in Gifford Park
$202,000 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 |
|---|---|---|---|
| $265,000 | Attorney | ||
| Weststar Industries Llc | $339,000 | Chicago Title Ins Co | |
| Jarvis Robert | $507,500 | Attorneys Title Guaranty Fun | |
| Md Properties Llc | -- | None Available | |
| Parks Michael R | $121,000 | Fidelity National Title | |
| The Bank Of New York Mellon Trust Compan | -- | Ticor | |
| Perez Rolando | $305,000 | Chicago Title Insurance Comp | |
| Sinnaeve Joseph E | $234,000 | Chicago Title Insurance Comp | |
| Veloz Jose M | -- | -- | |
| Veloz Jose M | $145,000 | -- |
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 | $185,500 | ||
| Previous Owner | Weststar Industries Llc | $1,275,000 | |
| Previous Owner | Jarvis Robert C | $530,000 | |
| Previous Owner | Perez Rolando | $274,500 | |
| Previous Owner | Sinnaeve Joseph E | $189,000 | |
| Previous Owner | Sinnaeve Joseph E | $175,500 | |
| Previous Owner | Veloz Jose M | $27,500 | |
| Previous Owner | Veloz Jose M | $188,191 |
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 |
|---|---|---|---|---|
| 12/14/2018 12/14/18 | Sold | $265,000 | -7.0% | -- |
| 12/12/2018 12/12/18 | Pending | -- | -- | -- |
| 12/01/2018 12/01/18 | For Sale | $285,000 | 0.0% | -- |
| 11/19/2018 11/19/18 | Pending | -- | -- | -- |
| 11/13/2018 11/13/18 | For Sale | $285,000 | -- | -- |
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 | $8,988 | $117,810 | $21,947 | $95,863 |
| 2024 | $8,988 | $108,511 | $20,215 | $88,296 |
| 2023 | $9,750 | $114,372 | $18,263 | $96,109 |
| 2022 | $8,352 | $96,321 | $16,653 | $79,668 |
| 2021 | $8,034 | $90,053 | $15,569 | $74,484 |
| 2020 | $7,841 | $85,969 | $14,863 | $71,106 |
| 2019 | $7,648 | $81,891 | $14,158 | $67,733 |
| 2018 | $6,758 | $68,359 | $13,338 | $55,021 |
| 2017 | $6,647 | $64,624 | $12,609 | $52,015 |
| 2016 | $6,394 | $59,954 | $11,698 | $48,256 |
| 2015 | -- | $54,953 | $10,722 | $44,231 |
| 2014 | -- | $54,275 | $10,590 | $43,685 |
| 2013 | -- | $55,706 | $10,869 | $44,837 |
Source: Public Records
Agents Affiliated with this Home
-
Naomi Campbell
Seller's Agent in 2018
Naomi Campbell
Coldwell Banker Realty
(847) 370-5065
1 in this area
147 Total Sales
-
GL
Buyer's Agent in 2018
Gary Lucido
Lucid Realty, Inc.
-
Micky Cicchinelli
Seller's Agent in 2013
Micky Cicchinelli
Chicago PM LLC
(312) 259-4171
2 Total Sales
-
Steven Maher
Seller Co-Listing Agent in 2013
Steven Maher
Kinzie Brokerage LLC
(847) 208-4450
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10138992
APN: 06-13-156-013
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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