Jertheus Butts
Coldwell Banker Realty
(833) 569-4890
51 Total Sales
1 in Northeast Elgin
$215,000 Price
1465 Abbott Dr Elgin, IL 60123
Northeast Elgin NeighborhoodEstimated Value: $696,000 - $1,375,836
11
Beds
6
Baths
5,208
Sq Ft
$176/Sq Ft
Est. Value
About This Home
As of May 2019Long time owner and building is in great condition and very well cared for. Very hands on owner that always takes care of her tenants as well as the building. Great investment opportunity. Please show one unit (Unit 2W), common areas and boiler room. Remaining units will be shown once under contract. This building is close to shopping, bus stop and train station.
Last Agent to Sell the Property
RE/MAX Horizon License #471000328 Listed on: 01/26/2019
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,171
Year Built
- Built in 1976
Lot Details
- 13,552 Sq Ft Lot
- Lot Dimensions are 112 x 120 x 112 x 121
Parking
- 6 to 12 Parking Spaces
Home Design
- Mansard Roof Shape
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,208 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $407
- Fuel Expense $2,549
- Insurance Expense $2,173
- Trash Expense $1,000
- Water Sewer Expense $2,814
- Operating Expense $7,407
- Gross Income $67,380
- Net Operating Income $61,297
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
Jan 26, 2019
Closed on
May 1, 2019
Sold by
Meyers Cheryl L
Bought by
Seller's Agent
Ronald Ewing
RE/MAX Horizon
Buyer's Agent
Jim Bechtold
Baird & Warner Fox Valley - Geneva
List Price
$495,000
Sold Price
$495,000
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
$452,196
Avg. Annual Appreciation
8.73%
Original Mortgage
$385,000
Outstanding Balance
$329,859
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$586,100
Purchase Details
Closed on
Jun 30, 1997
Sold by
Philip J Wencek Builder Inc
Bought by
Demler Cheryl L
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northeast Elgin, IL
-
Jertheus Butts
-
Rafay Qamar
Rafay Qamar
Real Broker LLC
(833) 359-9113
1,070 Total Sales
1 in Northeast Elgin
$495,000 Price
-
Jose Cortez
Jose Cortez
Responds QuicklyGolden Enterprise Realty Inc
(866) 598-2035
88 Total Sales
1 in Northeast Elgin
$310,000 Price
-
Oliva Escutia
Oliva Escutia
Real People Realty
(815) 893-2710
59 Total Sales
1 in Northeast Elgin
$270,000 Price
-
Roberto Morales-Corona
Roberto Morales-Corona
Responds QuicklyColdwell Banker Realty
(224) 427-6956
65 Total Sales
2 in Northeast Elgin
$179K - $339K Price Range
-
Larry Schneider
Larry Schneider
Jason Mitchell Real Estate IL
(224) 282-0497
112 Total Sales
1 in Northeast Elgin
$319,300 Price
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 |
|---|---|---|---|
| $495,000 | Attorney | ||
| Demler Cheryl L | $275,000 | Chicago Title Insurance Co |
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 |
|---|---|---|---|
| Open | $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 |
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 |
|---|---|---|---|---|
| 05/01/2019 05/01/19 | Sold | $495,000 | 0.0% | $95 / Sq Ft |
| 03/10/2019 03/10/19 | Pending | -- | -- | -- |
| 01/26/2019 01/26/19 | For Sale | $495,000 | -- | $95 / 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 | $15,985 | $209,529 | $38,659 | $170,870 |
| 2024 | $15,985 | $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
-
Ronald Ewing
Seller's Agent in 2019
Ronald Ewing
RE/MAX
(847) 697-9404
2 in this area
73 Total Sales
-
Jim Bechtold
Buyer's Agent in 2019
Jim Bechtold
Baird & Warner Fox Valley - Geneva
(847) 226-6645
3 in this area
50 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10258575
APN: 06-10-178-001
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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