Jose Cortez
Responds Quickly
Golden Enterprise Realty Inc
(866) 598-2035
90 Total Sales
1 in Northeast Elgin
$310,000 Price
160 Kimball St Elgin, IL 60120
Northeast Elgin NeighborhoodEstimated Value: $788,402
10
Beds
8
Baths
5,216
Sq Ft
$151/Sq Ft
Est. Value
About This Home
As of September 2018This property consists of 8 units. The building was completely gutted and remodeled in around 2009 from the basement up. New plumbing, electrical, heating, drywall, kitchens, baths, etc. The property is located directly across the street from The Centre and within walking distance to The Hemmens Cultural Center, Gail Borden Library, Metra Train and Bus stations, and the Police/City services buildings. There is also a neighborhood park in the building's back yard! Terrific investment property in a desirable downtown location. Sale is subject to division of the parcel and creation of new PIN#. Taxes should be reduced once this is compete as the current taxes reflect the 255 Douglas St. building included on this parcel.
Last Agent to Sell the Property
RE/MAX Horizon License #475091643 Listed on: 03/06/2018
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,500
Year Built
- Built in 1925
Lot Details
- Lot Dimensions are 132x66x132x65
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,216 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Utilities
- Forced Air Heating System
- Separate Meters
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $304
- Fuel Expense $1,041
- Insurance Expense $2,557
- Maintenance Expense $5,000
- Trash Expense $1,827
- Water Sewer Expense $5,424
- Operating Expense $27,349
- Gross Income $71,700
- Net Operating Income $44,351
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
Mar 6, 2018
Closed on
Sep 17, 2018
Sold by
Bought by
Seller's Agent
Ben Henrikson
RE/MAX Horizon
Buyer's Agent
Liwen She
Concentric Realty, Inc
List Price
$519,000
Sold Price
$475,000
Premium/Discount to List
-$44,000
-8.48%
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
$313,402
Avg. Annual Appreciation
6.64%
Original Mortgage
$373,000
Outstanding Balance
$318,463
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$469,939
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northeast Elgin, IL
-
Jose Cortez
-
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
-
Kelly O'Connell-Guzak
Kelly O'Connell-Guzak
Home Sweet Home Ryan Realty
(630) 489-6353
147 Total Sales
1 in Northeast Elgin
$275,017 Price
-
Karen Streelman
Karen Streelman
eXp Realty
(815) 393-1156
70 Total Sales
1 in Northeast Elgin
$150,000 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 |
|---|---|---|---|
| $475,000 | First American Title |
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 | $373,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2018 09/17/18 | Sold | $475,000 | -4.8% | $91 / Sq Ft | |
| 05/25/2018 05/25/18 | Pending | -- | -- | -- | |
| 04/03/2018 04/03/18 | Price Changed | $499,000 | -3.9% | $96 / Sq Ft | |
| 03/06/2018 03/06/18 | For Sale | $519,000 | +13.7% | $100 / Sq Ft | |
| 08/13/2015 08/13/15 | Sold | $456,500 | -17.0% | -- | View Prior Sale |
| 04/13/2015 04/13/15 | Pending | -- | -- | -- | |
| 03/10/2015 03/10/15 | For Sale | $550,000 | -- | -- |
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 | $17,718 | $232,242 | $17,103 | $215,139 |
| 2024 | $17,718 | $213,910 | $15,753 | $198,157 |
| 2023 | $16,474 | $193,252 | $14,232 | $179,020 |
| 2022 | $15,280 | $176,212 | $12,977 | $163,235 |
| 2021 | $14,698 | $164,746 | $12,133 | $152,613 |
| 2020 | $14,344 | $157,276 | $11,583 | $145,693 |
| 2019 | $13,992 | $149,816 | $11,034 | $138,782 |
| 2018 | $12,778 | $129,250 | $10,395 | $118,855 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Henrikson
Seller's Agent in 2018
Ben Henrikson
RE/MAX
(847) 931-7500
1 in this area
101 Total Sales
-
Liwen She
L
Buyer's Agent in 2018
Liwen She
Concentric Realty, Inc
(630) 216-9689
6 Total Sales
-
Debbie Scheitlin
D
Seller's Agent in 2015
Debbie Scheitlin
Top Tier Asset Management
(847) 652-5610
2 Total Sales
-
A
Seller Co-Listing Agent in 2015
Allen Zak
Coldwell Banker The Real Estate Group
-
Marie Krajecki
Buyer's Agent in 2015
Marie Krajecki
Century 21 New Heritage - Hampshire
(630) 439-4800
3 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09875398
APN: 06-14-238-019
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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