NOT LISTED FOR SALE

21 N Channing St Unit 23 Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $278,000 - $314,000

4 Beds
2 Baths
-- Sq Ft
7,623 Sq Ft Lot

Last Sold December 18, 2019

Last sale price $112,000

Est. 164% increase in value since last sale

Current estimated payment $2,131/month

61 Days on Market

Highlights

  • Corner Lot
  • Multiple Water Heaters
  • 4-minute walk to Channing Park
  • 2 Car Detached Garage

About This Home

As of December 2019

ATTENTION INVESTORS AND REHABBERS! SWEAT EQUITY ON THIS HISTORIC BUILDING IN THE HEART OF ELGIN. LOOKING FOR CASH BUYERS OR FHA REHAB LOAN. SOLD "AS IS". BUYER RESPONSIBLE FOR ALL VILLAGE VIOLATIONS.

Last Agent to Sell the Property

Norberto Moreno

Century 21 Circle License #475136901 Listed on: 10/03/2019

Century 21 Circle

Last Buyer's Agent

Teresa Aguirre

RE/MAX Horizon License #475152200

RE/MAX Horizon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,549

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60x127
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms
  • Shower Body Spray

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Channing Memorial Elementary Sch
  • Ellis Middle School
  • Elgin High School

Utilities

  • Heating System Uses Natural Gas
  • Multiple Water Heaters

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,549

Year Built

Built in 1900

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: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Sump Pump, Multiple Water Heaters
  • Basement Description: Unfinished
  • Bathroom Amenities: Full Body Spray Shower
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Wood,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 147900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl 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: Natural Gas
  • Water Source: Public

Schools

  • Elementary School: Channing Memorial Elementary Sch
  • High School: Elgin High School
  • Middle/Junior School: Ellis Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X127
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4549
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Tanis Group Llc
Bought by
Chicago Title Land Trust Company and Trust Number 8002376877
Current Estimated Value
$296,079

Purchase Details

Listed on
Oct 3, 2019
Closed on
Jan 2, 2020
Sold by
Aguirre Properties Llc
Bought by
Tanis Group Llc
Seller's Agent
Norberto Moreno
Century 21 Circle
Buyer's Agent
Teresa Aguirre
RE/MAX Horizon
List Price
$147,900
Sold Price
$112,000
Premium/Discount to List
-$35,900
-24.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.59%
Original Mortgage
$390,300
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 12, 2019
Sold by
Reyna Aurora D
Bought by
Aguirre Properties Llc
Seller's Agent
Norberto Moreno
Century 21 Circle
Buyer's Agent
Teresa Aguirre
RE/MAX Horizon
List Price
$147,900
Sold Price
$112,000
Premium/Discount to List
-$35,900
-24.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,300
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 12, 2010
Sold by
Channing 21 Series Pathfinder Holdings L
Bought by
Reyna Aurora D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,481
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2009
Sold by
Gomez Javier
Bought by
Channing 21 Series Pathfinder Holdings L

Purchase Details

Closed on
May 24, 2004
Sold by
Ramirez Guadalupe V and Ramirez Maria L
Bought by
Gomez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,500
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chicago Title Land Trust Company -- Chicago Title
Tanis Group Llc $122,500 Fidelity National Title
Aguirre Properties Llc $112,000 Ct
Reyna Aurora D $112,000 Law Title Insurance
Channing 21 Series Pathfinder Holdings L $100,000 None Available
Gomez Javier $219,500 First American Title Ins Co
Villalobos Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Company $599,000
Previous Owner Aguirre Properties Llc $390,300
Previous Owner Reyna Aurora D $110,481
Previous Owner Channing 21 Series Pathfinder Holdings L $28,770
Previous Owner Gomez Javier $219,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $112,000 -24.3% --
12/03/2019 12/03/19 Pending -- -- --
11/23/2019 11/23/19 For Sale $147,900 0.0% --
11/23/2019 11/23/19 Price Changed $147,900 -10.3% --
10/17/2019 10/17/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $164,900 -- --
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
2024 $6,806 $85,044 $16,814 $68,230
2023 $6,549 $76,831 $15,190 $61,641
2022 $5,632 $64,947 $13,851 $51,096
2021 $5,417 $60,721 $12,950 $47,771
2020 $5,287 $57,968 $12,363 $45,605
2019 $4,597 $55,219 $11,777 $43,442
2018 $4,550 $52,020 $11,095 $40,925
2017 $4,441 $49,178 $10,489 $38,689
2016 $4,226 $45,624 $9,731 $35,893
2015 -- $41,818 $8,919 $32,899
2014 -- $41,302 $8,809 $32,493
2013 -- $42,391 $9,041 $33,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10537195

Midwest Real Estate Data (MRED)

APN: 06-13-259-001