$410,000
SOLD JAN 8, 2026
7 Beds
3 Baths
-- Sq Ft
-- Built

Recently Sold

1% Below List Price

11 Days on Market

About This Home

As of January 2026

Historic District Bk 3Spacious Unit with Electric, Plumbing and Heating Systems Updated. Natural Woodwork, Crown Moldings and Gleaming Hardwood Floors, All High Ceilings, Fireplace, in All Unit. Truly Pride of Ownership. Walking Distance to Downtown. Investor Alert! Prime Elgin Location. Show your investor clients this incredible opportunity! This property offers both convenience and strong rental demand. Whether you're looking to expand your portfolio or start generating immediate cash flow, these checks all the boxes!

Last Agent to Sell the Property

Khyati Patel

Provident Realty, Inc. License #475213370 Listed on: 10/18/2025

Co-Listed By

Pankaj Patel

Provident Realty, Inc. License #475129521

Last Buyer's Agent

Leticia Lara

HomeSmart Connect LLC License #475143881

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,078

Home Design

  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • Parking Available

Schools

  • Ronald D O'neal Elementary Schoo
  • Larsen Middle School
  • Elgin High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 90x84
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $1,500
  • Insurance Expense $3,947
  • Water Sewer Expense $1,800
  • Gross Income $48,600
  • Net Operating Income $33,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,078

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • Construction Materials: Brick, Concrete
  • Waterfront: No

Garage/Parking

  • Parking Features: Yes
  • ParkingTotal: 5

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 1800
  • Other Expenses $: 75
  • Trash Expense Year: 0

Schools

  • Elementary School: Ronald D O'Neal Elementary Schoo
  • High School: Elgin High School
  • Middle/Junior School: Larsen Middle School

Lot Info

  • Lot Dimensions: 90X84
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 33200
  • Fuel Expense: 1500
  • Insurance Expense: 3947
  • GrossIncome: 48600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 8078
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2025
Closed on
Jan 8, 2026
Sold by
Sat Kaival Real Estate 2 Llc
Bought by
O & E Properties
Seller's Agent
Khyati Patel
Provident Realty, Inc.
Buyer's Agent
Leticia Lara
HomeSmart Connect LLC
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.75%
Original Mortgage
$265,000
Outstanding Balance
$264,788
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$137,405

Purchase Details

Closed on
May 22, 2023
Sold by
Santos Arms Corporation
Bought by
Sat Kaival Real Estate 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2020
Sold by
Santos Jorge
Bought by
Santos Arms Corporation

Purchase Details

Closed on
Mar 6, 2015
Sold by
Mathews Wilson
Bought by
Santos Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2006
Sold by
Forsythe John M and Forsythe Coleen E
Bought by
Mathews Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 30, 2003
Sold by
Dypold Dirk
Bought by
Forsythe John M and Forsythe Coleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,920
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2003
Sold by
Spolum Peder and Dypold Frank J
Bought by
Dypold Dirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,920
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1998
Sold by
Dypold Dirk H
Bought by
Ald Irrevocable Trust

Purchase Details

Closed on
Feb 14, 1998
Sold by
Dypold Christine L
Bought by
Dypold Dirk H

Purchase Details

Closed on
Aug 19, 1997
Sold by
Schoppe Robert C and Schoppe Melissa A
Bought by
Dypold Dirk H and Dypold Christine L
Source: Public Records
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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
Warranty Deed $410,000 Ct (Chicago Title)
Warranty Deed $390,000 Chicago Title Insurance Compan
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $140,000 Alliance Title Corporation
Warranty Deed $325,000 Multiple
Warranty Deed $270,000 Pntn
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $65,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,000 New Conventional
Previous Owner $273,000 New Conventional
Previous Owner $105,000 New Conventional
Previous Owner $227,500 Fannie Mae Freddie Mac
Previous Owner $215,920 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2026 01/08/26 Sold $410,000 -1.2% --
10/29/2025 10/29/25 Pending -- -- --
10/18/2025 10/18/25 For Sale $415,000 -- --
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 $8,078 $100,939 $12,209 $88,730
2023 $7,774 $91,191 $11,030 $80,161
2022 $6,634 $76,505 $10,057 $66,448
2021 $6,381 $71,527 $9,403 $62,124
2020 $6,228 $68,284 $8,977 $59,307
2019 $6,075 $65,045 $8,551 $56,494
2018 $6,058 $61,277 $8,056 $53,221
2017 $5,958 $57,929 $7,616 $50,313
2016 $5,732 $53,743 $7,066 $46,677
2015 -- $49,261 $6,477 $42,784
2014 -- $48,653 $6,397 $42,256
2013 -- $49,937 $6,566 $43,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12491361

Midwest Real Estate Data (MRED)

APN: 06-13-156-006

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