NOT LISTED FOR SALE

Estimated Value: $235,000 - $321,000

3 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: December 12, 2023

Last sale price $217,000

Est. 28% increase in value since last sale

Current estimated payment $1,908 / mo

15 Days on Market

About This Home

As of December 2023

Investors, seize this remarkable opportunity in the heart of the Elgin Historic District! This 2-unit property, boasting 2 bedrooms in one unit and 1 bedroom in the other, comes equipped with dual HVAC systems and water heaters for maximum tenant comfort and convenience. With a spacious lot for parking and its prime location near downtown, this investment promises both historical charm and modern potential for substantial returns. Don't miss your chance to be a part of this thriving community's future success!

Last Agent to Sell the Property

Jesus Perez

Realty of America, LLC License #475164326 Listed on: 09/20/2023

Realty of America, LLC

Last Buyer's Agent

Esther Zamudio

Zamudio Realty Group License #471021065

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1870

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 152x64x152x62
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,009

Year Built

Built in 1870

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1870
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Concrete

Garage/Parking

  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 152X64X152X62
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4009.02
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

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
Sep 20, 2023
Closed on
Dec 12, 2023
Sold by
Bought by
Seller's Agent
Jesus Perez
Realty of America, LLC
Buyer's Agent
Esther Zamudio
Zamudio Realty Group
List Price
$214,900
Sold Price
$217,000
Premium/Discount to List
$2,100
0.98%
Views
102
Current Estimated Value
$278,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,727
Avg. Annual Appreciation
9.19%
Original Mortgage
$162,750
Interest Rate
0.085%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 11, 2020
Sold by
Bought by
Seller's Agent
Christopher Davis
Inspire Realty Group LLC
Buyer's Agent
Jesus Perez
Realty of America, LLC
List Price
$164,900
Sold Price
$168,000
Premium/Discount to List
$3,100
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$164,957
Interest Rate
0.028%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
0.0388%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
0.0598%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 12, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,950
Interest Rate
0.0724%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,153
Interest Rate
0.0805%
Mortgage Type
FHA
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

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
$217,000 None Listed On Document
$168,000 None Available
$125,000 Pro Title Group Inc
-- Pro Title Group Inc
$80,000 Ticor Title Insurance Co
-- None Available
$200,000 Law Title Insurance
-- Chicago Title Insurance Co
$117,000 Premier Title
$101,000 Chicago Title Insurance Co
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
Closed $162,750
Closed $164,957
Closed $93,750
Closed $40,000
Closed $160,000
Closed $131,200
Closed $115,950
Closed $100,153
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 Prior Sale
12/12/2023 12/12/23 Sold $217,000 +1.0% --
10/06/2023 10/06/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $214,900 +27.9% --
10/20/2020 10/20/20 Sold $168,000 +1.9% -- View Prior Sale
07/31/2020 07/31/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $164,900 -- --
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
2024 $4,824 $60,283 $14,554 $45,729
2023 $4,643 $54,461 $13,148 $41,313
2022 $4,009 $46,234 $11,989 $34,245
2021 $3,857 $43,226 $11,209 $32,017
2020 $3,764 $41,266 $10,701 $30,565
2019 $3,671 $39,308 $10,193 $29,115
2018 $3,661 $37,030 $9,602 $27,428
2017 $3,601 $35,006 $9,077 $25,929
2016 $3,464 $32,476 $8,421 $24,055
2015 -- $29,768 $7,719 $22,049
2014 -- $29,401 $7,624 $21,777
2013 -- $30,176 $7,825 $22,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11889532

Midwest Real Estate Data (MRED)

APN: 06-13-155-022

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