NOT LISTED FOR SALE

1465 Abbott Dr Unit 1 Elgin, IL 60123

Estimated Value: $682,000 - $754,000

2 Beds
1 Bath
785 Sq Ft
$915/Sq Ft Est. Value

About This Home

As of August 2021

Quiet updated apartment in a great building! Newer carpet, newer stove, newer refrigerator, newer kitchen counters and sink. Close to shopping, bus stop, Metra train station. Heat and Water included! Credit and background checks a must. References required. This is a quiet space!

Last Agent to Rent the Property

Jim Bechtold

Baird & Warner Fox Valley - Geneva Listed on: 08/02/2021

Last Renter's Agent

Jim Bechtold

Baird & Warner Fox Valley - Geneva Listed on: 08/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,445

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 112 x 120 x 112 x 121

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 785 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Security Deposit $1,200
  • Property Available on 8/7/21
  • Rent includes heat, water, parking, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 6 Units
  • Low-Rise Condominium

Amenities

  • Coin Laundry

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,445

Year Built

Built in 1976

Lot Details

0

Rental Info

  • Available Date: 2021-08-07
  • Lease Term: 12 Months
  • Board Number: 5
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1200
  • Security Deposit: 1200
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: No
  • LivingArea: 785
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • List Price: 1200
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 1 (Window/Wall Unit)
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Coin Laundry
  • Rent Includes: Heat, Water, Parking, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Dimensions: 112 X 120 X 112 X 121

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2019
Sold by
Meyers Cheryl L
Bought by
Variant Investment Group Llc Iii
Current Estimated Value
$724,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$337,823
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$380,185

Purchase Details

Closed on
Jun 30, 1997
Sold by
Philip J Wencek Builder Inc
Bought by
Demler Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.75%
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
Variant Investment Group Llc Iii $495,000 Attorney
Demler Cheryl L $275,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Variant Investment Group Llc Iii $385,000
Previous Owner Meyers Chcryl L $156,000
Previous Owner Meyers Cheryl L $255,674
Previous Owner Meyers Cheryl L $515,614
Previous Owner Demler Cheryl L $207,822
Previous Owner Demier Cheryl L $210,000
Previous Owner Demler Cheryl L $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Rented -- -- --
08/02/2021 08/02/21 For Rent $1,200 +6.7% --
07/29/2020 07/29/20 Rented $1,125 0.0% --
07/10/2020 07/10/20 For Rent $1,125 0.0% --
07/16/2019 07/16/19 Rented $1,125 0.0% --
06/28/2019 06/28/19 For Rent $1,125 -- --
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 $15,445 $192,989 $35,607 $157,382
2023 $14,863 $174,351 $32,168 $142,183
2022 $13,785 $158,978 $29,332 $129,646
2021 $13,261 $148,633 $27,423 $121,210
2020 $12,941 $141,893 $26,179 $115,714
2019 $12,624 $135,162 $24,937 $110,225
2018 $12,589 $127,331 $23,492 $103,839
2017 $13,171 $128,056 $23,625 $104,431
2016 $13,818 $129,567 $21,918 $107,649
2015 -- $118,760 $20,090 $98,670
2014 -- $117,294 $19,842 $97,452
2013 -- $120,388 $20,365 $100,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11176673

Midwest Real Estate Data (MRED)

APN: 06-10-178-001