NOT LISTED FOR SALE

Estimated Value: $248,000 - $286,000

2 Beds
1 Bath
500 Sq Ft
$520/Sq Ft Est. Value

About This Home

As of February 2022

RECENTLY RENOVATED 2BD APARTMENT CONVENIENTLY LOCATED TO DOWNTOWN ELGIN!! This 2nd floor apartment just had a recent refresh including new flooring, doors, blinds, and updated kitchen. Located right by the train station, Grand Victoria casino, and all that Downtown Elgin has to offer! Don't miss this one before it's gone!!

Last Agent to Rent the Property

Matt Lysien

Suburban Life Realty, Ltd License #471003181 Listed on: 01/03/2022

Last Renter's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,825

Year Built

  • 1900

Lot Details

  • 0.85

Home Design

  • Property Attached
  • Vinyl Siding

Listing and Financial Details

  • Security Deposit $950

Community Details

Overview

  • 2 Units
  • Low-Rise Condominium

Pet Policy

  • Pets Allowed
  • Pets up to 50 lbs

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,825

Year Built

1900

Lot Details

0

Rental Info

  • Board Number: 5
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 950
  • Security Deposit: 950
  • Max Pet Weight: 50
  • Available Date: 2021-12-29

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub Type: Attached
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Directions: Route 31/ State St. to National St. E to property.
  • Lot Size: 40X97X40X98
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1258
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Furnished: No
  • Interior Amenities: Wood Laminate Floors
  • Other Equipment: Ceiling Fan(s)
  • Dining Room Type: No additional rooms
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • HOA Rent Includes: Water, Scavenger

Schools

  • Elementary School: Lowrie Elementary School
  • High School: Larkin High School
  • Junior High Dist: 46
  • Middle Or Junior School: Abbott Middle School

Lot Info

  • Rural (Y/N): N

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
Kathrani Narendra K
Bought by
Excel Market Solutions Llc
Current Estimated Value
$260,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2003
Sold by
Chubin Edward
Bought by
Kathrani Narendra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2002
Sold by
Frazier Tammy
Bought by
Chubin Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.1%

Purchase Details

Closed on
Mar 20, 2000
Sold by
Cygan Donald J
Bought by
Frazier George T and Frazier Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
8.43%
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
Excel Market Solutions Llc $162,000 Fidelity National Title
Kathrani Narendra K $162,000 Chicago Title Insurance Co
Chubin Edward $150,000 Burnet Title Llc
Frazier George T $103,000 Mid America Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Excel Market Solutions Llc $120,000
Previous Owner Kathrani Narendra K $129,600
Previous Owner Chubin Edward $135,000
Previous Owner Frazier George T $92,700
Closed Kathrani Narendra K $16,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Rented -- -- --
01/21/2022 01/21/22 Under Contract -- -- --
01/03/2022 01/03/22 For Rent $950 +18.8% --
04/01/2016 04/01/16 Rented $800 0.0% --
03/28/2016 03/28/16 Under Contract -- -- --
03/09/2016 03/09/16 For Rent $800 -- --
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 $4,825 $60,288 $13,446 $46,842
2023 $4,643 $54,465 $12,147 $42,318
2022 $4,002 $46,155 $11,076 $35,079
2021 $3,850 $43,151 $10,355 $32,796
2020 $3,757 $41,194 $9,885 $31,309
2019 $3,665 $39,240 $9,416 $29,824
2018 $3,655 $36,966 $8,870 $28,096
2017 $3,594 $34,946 $8,385 $26,561
2016 $3,458 $32,420 $7,779 $24,641
2015 -- $29,716 $7,130 $22,586
2014 -- $29,349 $7,042 $22,307
2013 -- $30,123 $7,228 $22,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11297222

Midwest Real Estate Data (MRED)

APN: 06-13-357-010