NOT LISTED FOR SALE

1316 W Spring St South Elgin, IL 60177

-- Bed
-- Bath
15,400 Sq Ft
1.47 Acres

About This Home

This home is located at 1316 W Spring St, South Elgin, IL 60177. 1316 W Spring St is a home located in Kane County with nearby schools including Fox Meadow Elementary School, Kenyon Woods Middle School, and South Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2014
Sold by
1300 Spring Street Llc
Bought by
Spring Street Mc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Outstanding Balance
$3,677,186
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 28, 2013
Sold by
Pb Il Oreo Llc
Bought by
1300 Spring Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2011
Sold by
Spring Street Development Llc
Bought by
Pb Il Oroeo Llc and The Privatebank & Trust Company

Purchase Details

Closed on
May 21, 2007
Sold by
Kirkland Alfred Y and Gwendolyn M Kirkland Trust #1
Bought by
Spring Street Development Llc

Purchase Details

Closed on
Apr 8, 2004
Sold by
Martin James L and Darlene J Martin Trust #1
Bought by
Martin James L and James L Martin Trust #1

Purchase Details

Closed on
Apr 7, 2004
Sold by
Martin James L and Darlene J Martin Trust #1
Bought by
Martin James L and Darlene J Martin Trust #1

Purchase Details

Closed on
May 15, 2000
Sold by
Heimberg Richard L and Heimberg Karen A
Bought by
Hopps Corner Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1997
Sold by
Kirkland Alfred Y
Bought by
Ayk Enterprises Lp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
Spring Street Mc Llc $4,653,000 Chicago Title Insurance Co
1300 Spring Street Llc $600,000 Chicago Title Insurance Comp
Pb Il Oroeo Llc -- Chicago Title Insurance Co
Spring Street Development Llc $16,500 Chicago Title Insurance Co
Spring Street Development Llc $147,000 Chicago Title Insurance Co
Spring Street Development Llc $37,500 Chicago Title Insurance Co
Spring Street Development Llc $99,000 Chicago Title Insurance Co
Martin James L -- --
Martin James L -- --
Martin James L -- --
Hopps Corner Partners Llc $16,500 Chicago Title Insurance Co
Hopps Corner Partners Llc $43,000 Chicago Title Insurance Co
Hopps Corner Partners Llc $7,500 Chicago Title Insurance Co
Hopps Center Partners Llc $64,000 Chicago Title Insurance Co
Ayk Enterprises Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spring Street Mc Llc $4,800,000
Previous Owner 1300 Spring Street Llc $540,000
Previous Owner Hopps Corner Partners Llc $100,000
Source: Public Records

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 $145,112 $1,838,900 $124,659 $1,714,241
2023 $139,382 $1,661,306 $112,620 $1,548,686
2022 $130,357 $1,514,823 $102,690 $1,412,133
2021 $123,339 $1,416,252 $96,008 $1,320,244
2020 $120,040 $1,352,030 $91,654 $1,260,376
2019 $116,053 $1,287,893 $87,306 $1,200,587
2018 $114,352 $1,213,277 $82,248 $1,131,029
2017 $116,184 $1,220,194 $82,717 $1,137,477
2016 $119,820 $1,217,215 $82,515 $1,134,700
2015 -- $1,115,687 $75,632 $1,040,055
2014 -- $313,439 $61,804 $251,635
2013 -- $156,423 $63,434 $92,989
Source: Public Records

Map

Illinois Kane County South Elgin 60177

1316 W Spring St, South Elgin, IL

This home is located at 1316 W Spring St, South Elgin, IL 60177. 1316 W Spring St is a home located in Kane County with nearby schools including Fox Meadow Elementary School, Kenyon Woods Middle School, and South Elgin High School.

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.

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