NOT LISTED FOR SALE

14 S Chapel St Unit 16 Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $293,000 - $378,000

8 Beds
4 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold July 18, 2016

Last sale price $75,100

Est. 345% increase in value since last sale

Current estimated payment $2,199/month

38 Days on Market

Highlights

  • 5 Car Attached Garage
  • Forced Air Heating System
  • 1-minute walk to James T Gifford Park

About This Home

As of July 2016

Fantastic opportunity to own this 4 unit income property that features great potential, has an open layout and is just minutes from public transportation, expressways, shopping and schools. "This property is now under auction terms. Auction dates are May 9-13. Any presale offers should be submitted to Hudson & Marshall then on the Bid Now icon. Bids will be taken during pre and post sale at the aforementioned website. No minimum starting bid required. Seller has the right (a) to change the date, place, and terms of the sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale. Please contact Listing Agent for details."

Last Agent to Sell the Property

Franklin Schilaci

Berkshire Hathaway HomeServices Starck Real Estate License #471001401 Listed on: 03/23/2016

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Syed Kazmi

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49 x132

Parking

  • 5 Car Attached Garage
  • Parking Included in Price

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

5

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
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None
  • Room: 7

Exterior Features

  • List Price: 69900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 5
  • ParkingTotal: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 49 X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 6305.68
  • Tax Year: 2014

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Modus Group Llc
Bought by
Mueller Patrick
Current Estimated Value
$334,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2019
Sold by
Kresmery Properties Llc
Bought by
Modus Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
May 18, 2016
Sold by
Wells Fargo Bank N A
Bought by
Kresmery Properties Llc

Purchase Details

Closed on
Dec 16, 2014
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 3, 2014
Sold by
Fernandez Mario E
Bought by
Secretary Of Housing & Urban Development
Source: Public Records

Range of Values:

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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
Mueller Patrick -- National Title Solutions Inc
Modus Group Llc $94,000 Fidelity National Title
Kresmery Properties Llc $75,100 Service Link Llc
Wells Fargo Bank Na -- None Available
Secretary Of Housing & Urban Development -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mueller Patrick $294,000
Previous Owner Modus Group Llc $270,000
Closed Not Provided $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $75,100 +7.4% --
04/30/2016 04/30/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $69,900 -- --
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 $5,185 $64,792 $12,840 $51,952
2023 $4,990 $58,535 $11,600 $46,935
2022 $4,291 $49,483 $10,577 $38,906
2021 $4,127 $46,263 $9,889 $36,374
2020 $4,028 $44,166 $9,441 $34,725
2019 $3,929 $42,071 $8,993 $33,078
2018 $3,918 $39,634 $8,472 $31,162
2017 $3,854 $37,468 $8,009 $29,459
2016 $3,707 $34,760 $7,430 $27,330
2015 -- $56,911 $6,810 $50,101
2014 -- $56,208 $6,726 $49,482
2013 -- $57,690 $6,903 $50,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09174252

Midwest Real Estate Data (MRED)

APN: 06-13-304-013