$70,000
SOLD NOV 16, 2018

176 S Commonwealth Ave Elgin, IL 60123

3 Beds
2 Baths
1,632 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

30% Below List Price

18 Days on Market

Highlights

  • Second Kitchen
  • Ranch Style House
  • Attached Garage
  • Deck
  • Skylights
  • 3-minute walk to Abbott Park

About This Home

As of April 2022

Attention ALL investors! Great opportunity to rehab/resell or rehab/rent. So many possibilities! Charming ranch home with 3 bedrooms, 2 baths, attached garage! Potential in-law or extended family arrangement on the back of home, with kitchenette and private entrance. Mins from Metra train station, I-90 and the Fox River. Property being sold "as-is."

Last Agent to Sell the Property

Alice Chin

Compass License #475124084 Listed on: 09/28/2018

Compass

Last Buyer's Agent

Klaudia Tomlin

Real People Realty License #475175776

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,611

Year Built

  • 1950

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Skylights
  • Gas Log Fireplace
  • Dining Area
  • Partially Finished Basement
  • Partial Basement
  • Storm Screens

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • Separate Shower

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Handicap Shower
  • Deck
  • East or West Exposure
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,611

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access
  • Disability Access: Yes
  • Disability Access Details: Main Level Entry, Ramp - Main Level
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 21X15, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Bathroom Amenities: Separate Shower, Handicap Shower
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 19X10, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area, 2nd Kitchen
  • Master Bedroom: Dimensions: 16X15, On Level: Main Level, Flooring: Carpet, Windows: None
  • Additional Room 1 Name: Eating Area, Dimensions: 8X7, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Additional Room 2 Name: 2nd Kitchen, Dimensions: 6X5, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Bedroom 2: Dimensions: 19X8, On Level: Main Level, Flooring: Vinyl, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1632

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: E (East)
  • Acreage: 0.1483

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air

Schools

  • School District: 46
  • Elementary School: Washington Elementary School
  • Middle School: Abbott Middle School
  • High School: Larkin High School
  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 133X49
  • Parcel Identification Number: 0614357015

Tax Info

  • Taxes: 3075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 5, 2022
Sold by
Tomlin and Klaudia
Bought by
Carlson Karoline Kristyna
Seller's Agent
Klaudia Tomlin
Real People Realty
Buyer's Agent
Jennifer Soszko
RE/MAX of Naperville
List Price
$276,000
Sold Price
$276,000
Current Estimated Value
$310,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,837
Avg. Annual Appreciation
4.31%
Original Mortgage
$267,720
Outstanding Balance
$251,290
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$67,551

Purchase Details

Listed on
Sep 28, 2018
Closed on
Nov 16, 2018
Sold by
Shales Gary L and Moncatch Mary
Bought by
Tomlin Erik and Tomlin Klaudia
Seller's Agent
Alice Chin
Compass
Buyer's Agent
Klaudia Tomlin
Real People Realty
List Price
$100,000
Sold Price
$70,000
Premium/Discount to List
-$30,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.88%
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 Type Sale Price Title Company
Warranty Deed $276,000 Chicago Title
Warranty Deed $70,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $267,720 New Conventional
Closed $267,720 New Conventional
Previous Owner $32,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $276,000 0.0% $169 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $276,000 +294.3% $169 / Sq Ft
11/16/2018 11/16/18 Sold $70,000 -30.0% $43 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $100,000 0.0% $61 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $100,000 -- $61 / Sq Ft
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 $5,611 $78,111 $14,313 $63,798
2023 $5,334 $70,568 $12,931 $57,637
2022 $5,580 $64,346 $11,791 $52,555
2021 $5,367 $60,159 $11,024 $49,135
2020 $5,238 $57,431 $10,524 $46,907
2019 $5,109 $54,707 $10,025 $44,682
2018 $4,005 $51,514 $9,444 $42,070
2017 $3,075 $48,699 $8,928 $39,771
2016 $3,189 $45,180 $8,283 $36,897
2015 -- $41,411 $7,592 $33,819
2014 -- $40,899 $7,498 $33,401
2013 -- $41,978 $7,696 $34,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10096886

Midwest Real Estate Data (MRED)

APN: 06-14-357-015