NOT LISTED FOR SALE

132 College St Unit 34 Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $266,000 - $310,456

6 Beds
3 Baths
-- Sq Ft
5,706 Sq Ft Lot

Last Sold June 21, 2019

Last sale price $170,000

Est. 71% increase in value since last sale

Current estimated payment $2,089/month

15 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of June 2019

A total of 3 units all with 2 bedrooms & 1 bath. Property has a good sized 2 car garage & is in a great location! Good investment opportunity in Elgin with all units rented for $700 each. Newer roof & front porch work in 2013. Legal non-conforming, licensed rental property with the city of Elgin.

Last Agent to Sell the Property

Israel Ballesteros

REMAX Horizon Listed on: 05/07/2019

REMAX Horizon

Last Buyer's Agent

Angelica Hernandez

Monarch Realty License #471010290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,927

Lot Details

  • Lot Dimensions are 64x93
  • Legal Non-Conforming

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Stone Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Outdoor Features

  • Porch

Schools

  • Sheridan Elementary School
  • Larsen Middle School
  • Elgin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished,Cellar
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Stone
  • List Price: 165000
  • Lot Features: Legal Non-Conforming
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Elementary School: SHERIDAN ELEMENTARY SCHOOL
  • High School: ELGIN HIGH SCHOOL
  • Middle/Junior School: LARSEN MIDDLE SCHOOL
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 64X93
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4927
  • Tax Year: 2017
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,2 Story Unit/s,Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2022
Sold by
Gutierrez and Maribel
Bought by
Revocable Living Trust
Current Estimated Value
$290,364

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 21, 2019
Sold by
Aurelia Gerardo Concepcion and Aurelia Gerardo
Bought by
Gutierrez Esequiel and Lara Maribel
Seller's Agent
Israel Ballesteros
REMAX Horizon
Buyer's Agent
Angelica Hernandez
Monarch Realty
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$127,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1998
Sold by
Camacho Salvador and Camacho Dolores
Bought by
Aurelia Gerardo Concepcion and Aurelia Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,850
Interest Rate
7.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Revocable Living Trust -- Cahow Bradley E
Gutierrez Esequiel $170,000 Chicago Title Company
Aurelia Gerardo Concepcion $128,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lara Maribel $127,800
Previous Owner Gutierrez Esequiel $127,500
Previous Owner Aurelia Gerardo Concepcion $126,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $170,000 +3.0% --
05/22/2019 05/22/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $165,000 -2.9% --
05/16/2019 05/16/19 Off Market $170,000 -- --
05/07/2019 05/07/19 For Sale $165,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,661 $83,232 $12,531 $70,701
2023 $6,410 $75,194 $11,321 $63,873
2022 $5,486 $63,269 $10,323 $52,946
2021 $5,277 $59,152 $9,651 $49,501
2020 $4,603 $56,469 $9,213 $47,256
2019 $5,024 $53,790 $8,776 $45,014
2018 $5,010 $50,674 $8,268 $42,406
2017 $4,927 $47,905 $7,816 $40,089
2016 $4,740 $44,443 $7,251 $37,192
2015 -- $40,736 $6,646 $34,090
2014 -- $40,233 $6,564 $33,669
2013 -- $41,294 $6,737 $34,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10370973

Midwest Real Estate Data (MRED)

APN: 06-13-156-011