NOT LISTED FOR SALE

Estimated Value: $395,000 - $441,000

6 Beds
4 Baths
-- Sq Ft
10,629 Sq Ft Lot

Last Sold April 13, 2020

Last sale price $270,000

Est. 53% increase in value since last sale

Current estimated payment $2,978/month

9 Days on Market

Highlights

  • Fenced Yard
  • Ceiling Fan
  • Multiple Water Heaters
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of April 2020

Rare opportunity to own an income property in Elgin. It is an up and down duplex with separate entrances that was rehabbed in 2013. Both units have 2 full baths and 3 bedrooms. As it is set up now, the downstairs unit has full access to the partially finished basement and the 2 car garage. There is laundry in the basement, but the machines belong to the tenants. The ability to put a washer and dryer upstairs is possible but a new drain will have to be run. There is a large fenced yard that is divided. The downstairs unit was redone in 2013 and has since had a new stove and microwave. Upstairs unit was completely redone in 2020 including kitchen with all new cabinets, counters and stainless steel appliances. Both units have a dishwasher. Upstairs freshly cleaned and painted 2020. Tenants in downstairs unit have lived there for 5 years and now are renting both units for a discounted month to month rate. Potential for higher rents, but current tenants are wonderful!

Last Agent to Sell the Property

Tracy Trejo

HomeSmart Connect LLC License #475149790 Listed on: 02/12/2020

HomeSmart Connect LLC

Last Buyer's Agent

Adalberto Sanchez

A&O Dream Key Real Estate License #471019763

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,583

Year Built

  • Built in 1964

Lot Details

  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Multiple Water Heaters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,583

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Fireplace-Wood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Window Air Conditioner,Fireplace-Wood

Exterior Features

  • List Price: 280000
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 10613
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7582.68
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 8, 2020
Sold by
Trejo Jose and Trejo Tracy
Bought by
Alvarez Sanjuana
Seller's Agent
Tracy Trejo
HomeSmart Connect LLC
Buyer's Agent
Adalberto Sanchez
A&O Dream Key Real Estate
List Price
$280,000
Sold Price
$270,000
Premium/Discount to List
-$10,000
-3.57%
Current Estimated Value
$413,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,272
Avg. Annual Appreciation
8.04%
Original Mortgage
$229,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2013
Closed on
May 6, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Trejo Jose and Trejo Tracy
Seller's Agent
Cathy Barbaccia
Partners Real Estate of IL
Buyer's Agent
Joe Trejo
Homesmart Connect LLC
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
Jan 23, 2012
Sold by
Aguilar Rafael
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 5, 2006
Sold by
Vences Roberto
Bought by
Aguilar Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
6.49%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 20, 2003
Sold by
Vences Jose
Bought by
Vences Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
5.3%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 28, 2001
Sold by
Vasquez Carlos and Gutierrez Yesena
Bought by
Vences Roberto and Vences Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.72%

Purchase Details

Closed on
Sep 27, 2001
Sold by
Nevarez Pedro and Depaz Yolanda
Bought by
Vasquez Carlos and Gutierrez Yesena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.72%

Purchase Details

Closed on
Sep 30, 1997
Sold by
Vogt Richard G and Vogt Elizabeth L
Bought by
Nevarez Pedro and Depaz Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,322
Interest Rate
7.54%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Alvarez Sanjuana $270,000 Heritage Title Company
Trejo Jose $202,500 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- None Available
Aguilar Rafael $290,500 None Available
Vences Roberto -- Midwest Land Title Co Inc
Vences Roberto $230,000 --
Vasquez Carlos -- Chicago Title Insurance Co
Nevarez Pedro $128,666 Advanced Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Sanjuana $150,000
Closed Alvarez Sanjuana $229,500
Previous Owner Trejo Jose E $161,000
Previous Owner Aguilar Rafael $250,000
Previous Owner Aguilar Rafael $232,400
Previous Owner Vences Roberto $43,500
Previous Owner Vences Roberto $159,250
Previous Owner Vences Roberto $130,000
Previous Owner Nevarez Pedro $187,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $270,000 -3.6% --
02/21/2020 02/21/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $280,000 +107.4% --
06/25/2013 06/25/13 Sold $135,000 -3.5% --
04/25/2013 04/25/13 Pending -- -- --
04/02/2013 04/02/13 Price Changed $139,900 -6.7% --
02/27/2013 02/27/13 For Sale $149,900 -- --
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 $8,270 $105,015 $24,943 $80,072
2022 $7,783 $95,756 $22,744 $73,012
2021 $7,452 $89,525 $21,264 $68,261
2020 $7,795 $85,466 $20,300 $65,166
2019 $7,604 $81,412 $19,337 $62,075
2018 $7,583 $76,696 $18,217 $58,479
2017 $7,458 $72,506 $17,222 $55,284
2016 $7,174 $67,266 $15,977 $51,289
2015 -- $61,655 $14,644 $47,011
2014 -- $60,894 $14,463 $46,431
2013 -- $62,500 $14,844 $47,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10634943

Midwest Real Estate Data (MRED)

APN: 06-10-105-002