NOT LISTED FOR SALE

208 Read St Elburn, IL 60119

Estimated Value: $221,000 - $273,000

3 Beds
2 Baths
-- Sq Ft
0.34 Acres

Last Sold February 26, 2021

Last sale price $144,500

Est. 73% increase in value since last sale

Current estimated payment $1,913/month

11 Days on Market

Highlights

  • Property is near a park
  • First Floor Utility Room
  • Porch
  • Wooded Lot
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of February 2021

ATTENTION INVESTORS! AFFORDABLE 2 FLAT LOCATED IN THE QUAINT TOWN OF ELBURN, IL. FIRST FLOOR RENTS FOR $850 A MONTH AND OFFERS 2 BEDROOMS, LIVING ROOM, DINING ROOM AND LARGE COUNTRY KITCHEN AND FULL BATH. SECOND FLOOR RENTS FOR $575 A MONTH AND OFFERS 1 BEDROOM WITH LIVING ROOM, FULL BATH AND HAS SEPARATE ENTRANCE. ANOTHER OPTION IS TO CONVERT THIS LOVELY OLDER HOME BACK TO SINGLE FAMILY RESIDENCE ITS A GREAT WAY FOR SOMEONE TO GET A START OWNING THEIR FIRST HOME WITH IMMEDIATE RENTAL INCOME. THIS IS THE SITE OF THE FIRST HOSPITAL IN ELBURN BACK IN THE DAY! BOILER WAS REPLACED IN 2014. INCREDIBLE DOUBLE LOT ALSO OFFERS POSSIBILITIES! GARAGE IS ALSO RENTED FOR $110 A MONTH BRINGING IN ADDITIONAL INCOME. WELL HAS BEEN CAPPED.

Last Agent to Sell the Property

Michelle Collingbourne

RE/MAX All Pro - St Charles License #475142210 Listed on: 02/03/2021

RE/MAX All Pro - St Charles

Last Buyer's Agent

Jennifer Soszko

RE/MAX of Naperville License #471009498

RE/MAX of Naperville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,216

Year Built

  • Built in 1893

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 58x260
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Cellar

Utilities

  • Baseboard Heating
  • Heating System Uses Steam

Additional Features

  • Porch
  • Property is near a park

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,216

Year Built

Built in 1893

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: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Utility Room-1st Floor
  • Basement Description: Unfinished,Cellar
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Porch
  • List Price: 155900
  • Lot Features: Wooded
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Paved

Schools

  • Middle/Junior School District: 302

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Dimensions: 58X260
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5216.4
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat,Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Avem Properties Llc
Bought by
Halcon Properties Llc
Total Days on Market
11
Current Estimated Value
$250,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,558
Outstanding Balance
$108,085
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$133,417

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 25, 2021
Sold by
Crowe Sandra J and Sandra J Crowe Trust
Bought by
Avem Properties Llc
Seller's Agent
Michelle Collingbourne
RE/MAX All Pro - St Charles
Buyer's Agent
Jennifer Soszko
RE/MAX of Naperville
List Price
$155,900
Sold Price
$144,500
Premium/Discount to List
-$11,400
-7.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%

Purchase Details

Closed on
Jun 28, 2006
Sold by
Crowe Sandra J
Bought by
Crowe Sandra J and The Sandra J Crowe Declaration Of Trust

Purchase Details

Closed on
Aug 10, 2001
Sold by
Herra Richard
Bought by
Crowe Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.28%
Source: Public Records

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Range of Values:

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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
Halcon Properties Llc -- --
Avem Properties Llc $144,500 Chicago Title Ins Co
Crowe Sandra J -- None Available
Crowe Sandra J $145,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halcon Properties Llc $112,558
Previous Owner Crowe Sandra J $105,445
Previous Owner Crowe Sandra J $118,000
Previous Owner Crowe Sandra J $116,000
Previous Owner Herra Richard $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $144,500 -7.3% --
02/14/2021 02/14/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $155,900 -- --
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 $6,193 $68,258 $15,566 $52,692
2022 $4,512 $48,195 $14,286 $33,909
2021 $5,411 $57,024 $13,673 $43,351
2020 $5,208 $54,455 $13,353 $41,102
2019 $5,216 $53,656 $13,157 $40,499
2018 $4,353 $43,857 $13,157 $30,700
2017 $4,357 $43,358 $13,007 $30,351
2016 $4,058 $39,192 $12,664 $26,528
2015 -- $34,327 $12,170 $22,157
2014 -- $37,308 $13,542 $23,766
2013 -- $37,308 $13,542 $23,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10986296

Midwest Real Estate Data (MRED)

APN: 11-06-233-004