Jertheus Butts
Coldwell Banker Realty
(833) 569-4890
52 Total Sales
1 in Northeast Elgin
$215,000 Price
1274 Getzelman Dr Elgin, IL 60123
Northeast Elgin NeighborhoodEstimated Value: $1,159,645
Studio
--
Baths
7,500
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- Laundry Room
- Zoned Heating System
- Wood Siding
- Storage Room
- Baseboard Heating
About This Home
As of June 2025LONG TERM OWNER SAYS -- IT'S TIME. Excellent and rare Investment Opportunity! Large 9 unit; All large 1 bedroom units with eating nook and private parking. Laundry on site -- current owner has washing machine with $2.00 to wash and $1.00 to dry - another source of revenue. Several tenants below market -- room for an additional rental increases. Quiet building with long term tenants and all mechanicals in tip top shape. No HOA - owner makes all decisions relative to building, grounds and tenants. SOLD DURING PROCESSING.
Last Agent to Sell the Property
Swanson Real Estate License #471003655 Listed on: 05/23/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,900
Year Built
- Built in 1969
Lot Details
- Lot Dimensions are 175 x125
Home Design
- Brick Exterior Construction
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,500 Sq Ft Home
- 3-Story Property
- Storage Room
- Laundry Room
- Exterior Basement Entry
- Fire and Smoke Detector
Utilities
- Cooling System Mounted In Outer Wall Opening
- Zoned Heating System
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Tenant pays for air conditioning, electricity
Community Details
Overview
- 9 Units
Building Details
- Electric Expense $1,000
- Fuel Expense $3,000
- Insurance Expense $5,100
- Maintenance Expense $12,551
- Trash Expense $1,251
- Water Sewer Expense $4,200
- Operating Expense $24,000
- Gross Income $124,200
- Net Operating Income $78,100
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
May 23, 2025
Closed on
May 23, 2025
Sold by
Mary 300 Llc
Bought by
Seller's Agent
Mary Hager-Swanson
Swanson Real Estate
Buyer's Agent
Leticia Lara
HomeSmart Connect LLC
List Price
$1,110,000
Sold Price
$1,100,900
Premium/Discount to List
-$9,100
-0.82%
Views
3
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
$58,745
Avg. Annual Appreciation
4.15%
Purchase Details
Closed on
Jun 9, 2021
Sold by
Hager Swanson Mary
Bought by
Mary 300 Llc
Purchase Details
Closed on
May 15, 2013
Sold by
Hager Swanson Mary and Kapiliathis Kristine
Bought by
Hager Swanson Mary
Purchase Details
Closed on
Mar 20, 2008
Sold by
Creative Assistance Development Inc
Bought by
Kapiliathis Kristine K and Hager Swanson Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 21, 2000
Sold by
First American Bank
Bought by
Creative Assistance Development Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8.55%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 6, 1999
Sold by
Shepard Daniel C and Shepard Joan A
Bought by
First American Bank and Trust #1-99-107
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 2, 1998
Sold by
American National Bk&Tr Co Of Chicago
Bought by
Shepard Daniel C and Shepard Joan A
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northeast Elgin, IL
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Jertheus Butts
-
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Rafay Qamar
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Roberto Morales-Corona
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Larry Schneider
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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 |
|---|---|---|---|
| $1,109,500 | Chicago Title | ||
| Mary 300 Llc | -- | None Available | |
| Hager Swanson Mary | -- | Accommodation | |
| Kapiliathis Kristine K | $535,000 | Multiple | |
| Creative Assistance Development Inc | $390,000 | -- | |
| First American Bank | $360,000 | Chicago Title Insurance Co | |
| Shepard Daniel C | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $321,000 | ||
| Previous Owner | Kapiliathis Kristine K | $415,000 | |
| Previous Owner | Creative Assistance Development Inc | $467,500 | |
| Previous Owner | Creative Assistance Development Inc | $390,000 | |
| Previous Owner | First American Bank | $288,000 |
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 |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $1,100,900 | -0.8% | $147 / Sq Ft |
| 05/24/2025 05/24/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | For Sale | $1,110,000 | -- | $148 / Sq Ft |
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 | $22,666 | $297,099 | $57,549 | $239,550 |
| 2024 | $22,666 | $273,647 | $53,006 | $220,641 |
| 2023 | $21,074 | $247,219 | $47,887 | $199,332 |
| 2022 | $19,547 | $225,421 | $43,665 | $181,756 |
| 2021 | $18,803 | $210,753 | $40,824 | $169,929 |
| 2020 | $18,350 | $201,196 | $38,973 | $162,223 |
| 2019 | $17,900 | $191,652 | $37,124 | $154,528 |
| 2018 | $16,542 | $167,314 | $34,973 | $132,341 |
| 2017 | $17,307 | $168,268 | $35,172 | $133,096 |
| 2016 | $18,112 | $169,827 | $32,630 | $137,197 |
| 2015 | -- | $155,661 | $29,908 | $125,753 |
| 2014 | -- | $153,739 | $29,539 | $124,200 |
| 2013 | -- | $157,794 | $30,318 | $127,476 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Hager-Swanson
MH
Seller's Agent in 2025
Mary Hager-Swanson
Swanson Real Estate
(847) 502-7587
4 in this area
25 Total Sales
-
Leticia Lara
Buyer's Agent in 2025
Leticia Lara
The McDonald Group
(847) 456-6764
2 in this area
92 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12374197
APN: 06-10-251-019
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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