NOT LISTED FOR SALE

220 W Highland Ave Unit 22 Elgin, IL 60123

Grant Park Neighborhood

Estimated Value: $343,847

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: December 11, 2020

Last sale price $220,000

Est. 56% increase in value since last sale

Current estimated payment $2,527 / mo

73 Days on Market

About This Home

As of December 2020

**MONEY MAKING OPPORTUNITY KNOCKING FOR THE SAVY BUYER** LARGE TWO STORY SOLID BRICK BUILDING IN THE HEART OF ELGIN. EACH UNIT HAS TWO BEDROOMS, ONE BATH, AND OFFICE ROOM. WITH SEPARATE ENTRACE ON EACH UNIT FROM THE FRONT AND BACK OF THE HOME FOR ADDED PRIVACY. HOME CURRENTLY USED AS RESIDENTIAL BUT ALSO ZONED COMMERCIAL. BEAUTIFUL GLEAMING SOLID HARDWOOD FLOORING THOUGHOUT THE HOME. ENTIRE HOME WAS RECENTLY PAINTED AND TWO BATHS WERE REMODELED. VERY LARGE BASEMENT FOR EXTRA STORAGE. ESTATE SALE SELLING AS-IS. **CONVENTIONAL LOANS ONLY ***

Last Agent to Sell the Property

Julian Mendoza

Universal Real Estate LLC License #471013859 Listed on: 08/22/2020

Last Buyer's Agent

Mario DiLorenzo

Keller Williams ONEChicago License #471002044

Keller Williams ONEChicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,050

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,050

Year Built

Built in 1900

Lot Details

6,534 Sq Ft Lot

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: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5050.06
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
Bought by
Current Estimated Value
$343,847

Purchase Details

Listed on
Aug 22, 2020
Closed on
Dec 5, 2020
Sold by
Bought by
Seller's Agent
Julian Mendoza
Universal Real Estate LLC
Buyer's Agent
Mario DiLorenzo
Keller Williams ONEChicago
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$176,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 18, 2019
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$220,000 Chicago Title
-- Attorney
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $164,500
Previous Owner $176,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $220,000 -2.2% --
11/03/2020 11/03/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $224,900 0.0% --
10/28/2020 10/28/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $224,900 0.0% --
08/26/2020 08/26/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $224,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,664 $100,452 $19,816 $80,636
2024 $7,664 $92,523 $18,252 $74,271
2023 $7,125 $83,587 $16,489 $67,098
2022 $6,127 $70,655 $15,035 $55,620
2021 $5,894 $66,058 $14,057 $52,001
2020 $5,204 $63,063 $13,420 $49,643
2019 $5,050 $60,071 $12,783 $47,288
2018 $5,002 $56,590 $12,042 $44,548
2017 $4,885 $53,498 $11,384 $42,114
2016 $4,653 $49,631 $10,561 $39,070
2015 -- $45,491 $9,680 $35,811
2014 -- $44,929 $9,560 $35,369
2013 -- $46,114 $9,812 $36,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10827541

Midwest Real Estate Data (MRED)

APN: 06-14-260-004

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