NOT LISTED FOR SALE

Estimated Value: $194,000 - $287,000

4 Beds
3 Baths
-- Sq Ft
33,106 Sq Ft Lot

Last Sold March 28, 2023

Last sale price $160,000

Est. 46% increase in value since last sale

Current estimated payment $1,634/month

92 Days on Market

About This Home

As of March 2023

Great Investment Property! Positive Cash Flow! 2 Flat Two 2 bedroom 1.5 Bathroom Unit on the First Floor. 2 Bedroom with 1 Bathroom Various updates through the years. Solid rent roll with little vacancy. Part multiple Building Investment Portfolio in Elgin. Buy 1 or Buy Multiple. Owner prefers to sell in groups but will sell individually.

Last Agent to Sell the Property

Rudy Johnson

Keller Williams Inspire - Geneva License #475139695 Listed on: 12/09/2022

Keller Williams Inspire - Geneva

Co-Listed By

Sharon Mennerick

HomeSmart Connect LLC License #475134295

Last Buyer's Agent

Lydia Coix

HomeSmart Realty Group License #475137301

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 1900 | Remodeled in 2000

Lot Details

  • 0.76

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 46 x 66

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $17,760
  • Net Operating Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,631

Year Built

Built in 1900 | Remodeled in 2000

Lot Details

0.76 Acres

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 46 X 66
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 12600
  • GrossIncome: 17760
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3630.88
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 1998
Sold by
Mapes Donald L and Mapes Ann L
Bought by
Mapes Ann L and Mapes Donald L
Current Estimated Value
$234,253

Purchase Details

Closed on
Jul 1, 1998
Sold by
Donald L Mapes Trust
Bought by
Guzman Jesus and Garcia Fabiola
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 Buyer Sale Price Title Company
Mapes Ann L -- --
Mapes Donald L -- --
Guzman Jesus $180,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $160,000 -11.1% --
03/12/2023 03/12/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $180,000 -10.0% --
12/09/2022 12/09/22 For Sale $200,000 -- --
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 $4,580 $57,234 $8,923 $48,311
2023 $4,408 $51,706 $8,061 $43,645
2022 $3,774 $43,529 $7,350 $36,179
2021 $3,631 $40,697 $6,872 $33,825
2020 $3,543 $38,851 $6,560 $32,291
2019 $3,456 $37,008 $6,249 $30,759
2018 $3,447 $34,864 $5,887 $28,977
2017 $3,390 $32,959 $5,565 $27,394
2016 $3,261 $30,577 $5,163 $25,414
2015 -- $28,026 $4,732 $23,294
2014 -- $27,680 $4,674 $23,006
2013 -- $28,410 $4,797 $23,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11679504

Midwest Real Estate Data (MRED)

APN: 06-13-161-009

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