NOT LISTED FOR SALE

1940 Mark Ave Elgin, IL 60123

Eagle Heights Neighborhood

Estimated Value: $1,289,000 - $1,605,364

Studio
19 Baths
-- Sq Ft
0.56 Acres

About This Home

This home is located at 1940 Mark Ave, Elgin, IL 60123 and is currently estimated at $1,447,182. 1940 Mark Ave is a home located in Kane County with nearby schools including Creekside Elementary School, Kimball Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Meridian 1940 Mark Llc
Current Estimated Value
$1,237,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$652,264
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$794,918

Purchase Details

Closed on
Apr 6, 2016
Sold by
Conforti Properties Inc
Bought by
Chicago Title Land Trust Company and Trust #8002351676

Purchase Details

Closed on
Apr 27, 2004
Sold by
Barkocy David J and Barkocy Deanna L
Bought by
Conforti Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2000
Sold by
Valente Evelyn
Bought by
Frank Richard and Frank Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,633
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2000
Sold by
Frank Richard and Frank Terry
Bought by
Barkocy David J and Barkocy Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,633
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1998
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Valente Evelyn and Evelyn Valente Declaration Of Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Meridian 1940 Mark Llc $980,000 Chicago Title Land Trus Co
Chicago Title Land Trust Company -- Chicago Title Land Trust Co
Conforti Properties Inc $935,000 Pntn
Frank Richard $500,000 --
Barkocy David J $575,000 Chicago Title Insurance Co
Valente Evelyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meridian 1940 Mark Llc $735,000
Previous Owner Conforti Properties Inc $748,000
Previous Owner Barkocy David J $850,633
Source: Public Records

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 $28,259 $353,118 $49,222 $303,896
2023 $27,195 $319,015 $44,468 $274,547
2022 $25,223 $290,886 $40,547 $250,339
2021 $24,263 $271,958 $37,909 $234,049
2020 $23,679 $259,626 $36,190 $223,436
2019 $23,098 $247,310 $34,473 $212,837
2018 $20,925 $211,646 $32,476 $179,170
2017 $24,100 $234,310 $32,661 $201,649
2016 $24,659 $231,208 $30,301 $200,907
2015 -- $211,923 $27,774 $184,149
2014 -- $209,307 $27,431 $181,876
2013 -- $214,829 $28,155 $186,674
Source: Public Records

Map

Illinois Kane County Elgin 60123 Eagle Heights

1940 Mark Ave, Elgin, IL

Not Listed for Sale

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