NOT LISTED FOR SALE

1520 Mildred Ave Elgin, IL 60123

Eagle Heights Neighborhood

Estimated Value: $397,000 - $413,000

-- Bed
36 Baths
-- Sq Ft
9,627 Sq Ft Lot

Last Sold May 23, 2018

Last sale price $125,000

Est. 223% increase in value since last sale

Current estimated payment $2,984/month

6 Days on Market

About This Home

As of May 2018

Investors 6 units available with 7 car garage. Each studio unit is exactly the same with a kitchen, full bath, bedroom/living area. One a/c unit in each apartment. This Won't Last Act Now !

Last Listed By

Natalee Dismuke

Coldwell Banker Real Estate Gr License #471001263 Listed on: 05/04/2018

Coldwell Banker Real Estate Gr

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,627

Interior Spaces

  • 36 Bathrooms
  • 2-Story Property

Additional Features

  • Lot Dimensions are 36.00x0.00
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $2,000
  • Insurance Expense $1,350
  • Trash Expense $1,200
  • Water Sewer Expense $1,000
  • Operating Expense $10,000
  • Gross Income $3,150
  • Net Operating Income $27,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1972
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 36
  • Room: 1
  • Room: 1
  • Room: 0

Exterior Features

  • List Price: 299000

Utilities

  • Heat/Ventilation: Electric

Fee Information

  • Trash Expense: 1200
  • Water Sewer Expenses: 1000
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 36.00X0.00
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5

Multi Family

  • Net Operating Income: 27800
  • Insurance Expense: 1350
  • ElectricExpense: 2000
  • GrossIncome: 3150
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 10000
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 7791.16
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
May 23, 2018
Sold by
Follman Jeanette G
Bought by
Aif Management Llc
Seller's Agent
Natalee Dismuke
Coldwell Banker Real Estate Gr
Buyer's Agent
Joan Couris
Keller Williams Thrive
List Price
$299,000
Sold Price
$125,000
Premium/Discount to List
-$174,000
-58.19%
Total Days on Market
6
Current Estimated Value
$404,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,199
Avg. Annual Appreciation
17.37%

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
Aif Management Llc $125,000 Starck Title Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $125,000 -58.2% --
05/10/2018 05/10/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $299,000 -- --
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
2023 $8,792 $103,136 $30,974 $72,162
2022 $8,155 $94,042 $28,243 $65,799
2021 $7,844 $87,922 $26,405 $61,517
2020 $7,655 $83,935 $25,208 $58,727
2019 $7,467 $79,953 $24,012 $55,941
2018 $7,447 $75,321 $22,621 $52,700
2017 $7,791 $75,750 $22,750 $53,000
2016 $8,078 $75,739 $21,106 $54,633
2015 -- $69,422 $19,346 $50,076
2014 -- $68,565 $19,107 $49,458
2013 -- $70,374 $19,611 $50,763
Source: Public Records

Agents Affiliated with this Home

  • Natalee Dismuke

    Seller's Agent in 2018

    Natalee Dismuke

    Coldwell Banker Real Estate Gr

    (847) 931-4663

    42 Total Sales

    Section Image
  • Joan Couris

    Buyer's Agent in 2018

    Joan Couris

    Keller Williams Thrive

    (630) 561-3348

    645 Total Sales

    Joan Couris
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09940214

Midwest Real Estate Data (MRED)

APN: 06-10-103-028

Illinois Kane County Elgin 60123 Eagle Heights

1520 Mildred Ave, Elgin, IL

Homes for Sale in Elgin, IL

This home is located at 1520 Mildred Ave, Elgin, IL 60123 since 04 May 2018 and is currently estimated at $404,199. This property was built in 1972. 1520 Mildred Ave is a home located in Kane County with nearby schools including Creekside Elementary School, Kimball Middle School, and Larkin High School.

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