Seller's Agent in 2019
Jesus Macias
Real Broker, LLC
(815) 451-5369
82 Total Sales
1539 Meyer St Elgin, IL 60123
North Country Knolls NeighborhoodEstimated Value: $488,000 - $598,000
8
Beds
8
Baths
--
Sq Ft
9,496
Sq Ft Lot
About This Home
As of July 2019Well maintained brick 4 unit building, town home style, many updates, living area and kitchen on 1st floor and bedrooms on 2nd floor of all units. All 4 units have 1.5 baths and full basements. Fully rented with long term tenants, excellent cash flow, existing rents could be higher. Tenants pay all the utilities. Convenient location; building backs up to a public park, close to stores, schools, clinics and restaurants / Seller is a Real Estate Broker.
Last Agent to Sell the Property
Real Broker, LLC License #471019028 Listed on: 05/24/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,674
Year Built
- Built in 1965
Lot Details
- 9,496
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
- Assigned Parking
Schools
- Hillcrest Elementary School
- Abbott Middle School
- Larkin High School
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 73x130
Community Details
Overview
- 4 Units
Building Details
- Gross Income $41,640
- Net Operating Income $30,121
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 19, 2021
Sold by
Patel Umeshkumat K and Patel Jignishaben
Bought by
Krish Investment Group Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Outstanding Balance
$243,852
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$284,804
Purchase Details
Listed on
May 24, 2019
Closed on
Jul 16, 2019
Sold by
Macias Jesus
Bought by
Patel Umeshkumar and Patel Jignishaben
Seller's Agent
Jesus Macias
Real Broker, LLC
Buyer's Agent
Jayesh Parekh
Kale Realty
List Price
$365,000
Sold Price
$347,000
Premium/Discount to List
-$18,000
-4.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$260,250
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 17, 2008
Sold by
Dulabaum Willard E and Dulabaum Pauline A
Bought by
Macias Jesus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.17%
Mortgage Type
Negative Amortization
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Krish Investment Group Llc | -- | None Available | |
| Patel Umeshkumar | $355,000 | Heritage Title Company | |
| Macias Jesus | $350,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Krish Investment Group Llc | $269,500 | |
| Previous Owner | Patel Umeshkumar | $260,250 | |
| Previous Owner | Macias Jesus | $245,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2019 07/18/19 | Sold | $347,000 | -4.9% | -- |
| 05/31/2019 05/31/19 | Pending | -- | -- | -- |
| 05/24/2019 05/24/19 | For Sale | $365,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $11,343 | $141,741 | $30,707 | $111,034 |
| 2023 | $10,916 | $128,052 | $27,741 | $100,311 |
| 2022 | $10,125 | $116,761 | $25,295 | $91,466 |
| 2021 | $9,739 | $109,163 | $23,649 | $85,514 |
| 2020 | $9,505 | $104,213 | $22,577 | $81,636 |
| 2019 | $9,271 | $99,269 | $21,506 | $77,763 |
| 2018 | $9,246 | $93,518 | $20,260 | $73,258 |
| 2017 | $9,674 | $94,052 | $20,376 | $73,676 |
| 2016 | $10,116 | $94,848 | $18,903 | $75,945 |
| 2015 | -- | $86,936 | $17,326 | $69,610 |
| 2014 | -- | $85,863 | $17,112 | $68,751 |
| 2013 | -- | $88,127 | $17,563 | $70,564 |
Source: Public Records
Agents Affiliated with this Home
-
Jesus Macias
-
Jayesh Parekh
J
Buyer's Agent in 2019
Jayesh Parekh
Kale Realty
(847) 962-0239
2 in this area
76 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10392495
APN: 06-22-128-004
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