$175,000
SOLD JAN 15, 2025

117 Arthur Ave South Elgin, IL 60177

3 Beds
2 Baths
1,255 Sq Ft
0.28 Acres

Recently Sold

$139 Per Sq Ft

27% Below List Price

13 Days on Market

Highlights

  • River Front
  • Mature Trees
  • Ranch Style House
  • South Elgin High School Rated A-
  • Property is near a park
  • 1 Fireplace

About This Home

As of January 2025

Desperately Seeking *Visionaries* (and Those Who Love a Challenge)! Ready to turn a diamond in the rough into the crown jewel of South Elgin? This 3-Bed, 2-Bath Ranch is calling all dreamers, doers, and renovation warriors looking for the ultimate fixer-upper challenge. With over 1200 sq ft of solid potential, this place is primed for a major glow-up-where the only thing more dramatic than the Fox River views is the sheer potential waiting for your vision (and a few contractors). Situated on a .28-acre lot, this home is conveniently located right next to city-owned parkland, so you can enjoy kayaking, biking, fishing, and relaxing in your own private slice of nature. The home? Well, it's ready for a new chapter. New kitchen appliances? Yes, please. TWO bathroom remodels? Totally needed. And don't forget the oversized 2-car detached garage for all your storage and project needs. Flood insurance may be required if you're getting a loan (but let's be real, this home has never seen a flood-unless you're talking about your tears of joy when you finish your dream renovation).

Last Agent to Sell the Property

Kimberly Osko

Baird & Warner License #475172174 Listed on: 12/13/2024

Baird & Warner

Last Buyer's Agent

Mudassir Siddiqui

HomeSmart Connect LLC License #475192496

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • River Front
  • Adjoins Government Land
  • Mature Trees

Parking

  • 2.5 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 1,255 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Water Views
  • Crawl Space
  • Storm Screens

Flooring

  • Parquet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Schools

  • Willard Elementary School
  • Kenyon Woods Middle School
  • South Elgin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Fire Pit
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Lorraine Terrace Subdivision

Amenities

  • Common Area
  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,015

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Lorraine Terrace
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom, In-Law Arrangement, First Floor Full Bath
  • LivingArea: 1255
  • Other Equipment: Ceiling Fan(s), Water Heater-Gas
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: Total Building 1255, Garage 440, Crawl 1255
  • Total Sq Ft: 0
  • Flooring: Vinyl
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Storms/Screens, Fire Pit
  • List Price: 175000
  • Lot Features: Common Grounds, Park Adjacent, River Front, Water View, Mature Trees, Adjoins Government Land, Waterfront
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding,Cedar,Frame,Stone,Combination

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Driveway
  • ParkingTotal: 8.5
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Willard Elementary School
  • High School: South Elgin High School
  • Middle/Junior School: Kenyon Woods Middle School
  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 12320
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 2015.34
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 14, 2025
Sold by
Esperanza Avina Trust and Torres Sandra E
Bought by
Noor Investment Group Limited
Seller's Agent
Kimberly Osko
Baird & Warner
Buyer's Agent
Mudassir Siddiqui
HomeSmart Connect LLC
List Price
$239,000
Sold Price
$175,000
Premium/Discount to List
-$64,000
-26.78%
Views
2777
Current Estimated Value
$301,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,182
Avg. Annual Appreciation
173.31%

Purchase Details

Closed on
Jan 7, 1999
Sold by
Higareda Esperanza
Bought by
Higareda Flores Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
6.75%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $175,000 Chicago Title
Interfamily Deed Transfer -- Residential Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $70,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $175,000 0.0% $139 / Sq Ft
12/29/2024 12/29/24 Price Changed $175,000 0.0% $139 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
12/22/2024 12/22/24 Off Market $175,000 -- --
12/13/2024 12/13/24 For Sale $239,000 -- $190 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2024 $4,514 $73,203 $24,008 $49,195
2023 $2,015 $66,133 $21,689 $44,444
2022 $2,497 $60,302 $19,777 $40,525
2021 $2,527 $56,378 $18,490 $37,888
2020 $2,577 $53,822 $17,652 $36,170
2019 $2,615 $51,269 $16,815 $34,454
2018 $2,735 $50,357 $15,841 $34,516
2017 $2,763 $47,605 $14,975 $32,630
2016 $2,816 $44,165 $13,893 $30,272
2015 -- $40,481 $12,734 $27,747
2014 -- $39,981 $12,577 $27,404
2013 -- $41,036 $12,909 $28,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12255956

Midwest Real Estate Data (MRED)

APN: 06-26-328-035