225 E Chicago St Elgin, IL 60120
Downtown Elgin NeighborhoodEstimated Value: $712,149
Studio
--
Bath
5,940
Sq Ft
$120/Sq Ft
Est. Value
About This Home
This home is located at 225 E Chicago St, Elgin, IL 60120 and is currently estimated at $712,149, approximately $119 per square foot. 225 E Chicago St is a home located in Kane County with nearby schools including Channing Memorial Elementary School, Ellis Middle School, and Elgin High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2024
Sold by
Cuming Holdings Llc
Bought by
Chicago Realty Ventures Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$264,686
Interest Rate
7.5%
Mortgage Type
Seller Take Back
Estimated Equity
$447,463
Purchase Details
Closed on
Jun 1, 2017
Sold by
Jacknick Joseph R and Jacknick Pamela M
Bought by
Cuming Holdings Llc
Purchase Details
Closed on
Jul 23, 2004
Sold by
Ruffie Robert G
Bought by
Jacknick Joseph R and Jacknick Pamela M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
6.7%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chicago Realty Ventures Inc | $675,000 | None Listed On Document | |
| Cuming Holdings Llc | $350,000 | Greater Illinois Title Co | |
| Jacknick Joseph R | $370,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chicago Realty Ventures Inc | $472,500 | |
| Previous Owner | Jacknick Joseph R | $233,000 |
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 | $10,300 | $128,702 | $18,894 | $109,808 |
| 2023 | $9,912 | $116,272 | $17,069 | $99,203 |
| 2022 | $9,193 | $106,020 | $15,564 | $90,456 |
| 2021 | $8,843 | $99,121 | $14,551 | $84,570 |
| 2020 | $8,630 | $94,626 | $13,891 | $80,735 |
| 2019 | $8,419 | $90,137 | $13,232 | $76,905 |
| 2018 | $8,395 | $84,914 | $12,465 | $72,449 |
| 2017 | $8,784 | $85,398 | $12,536 | $72,862 |
| 2016 | $9,037 | $84,733 | $12,438 | $72,295 |
| 2015 | -- | $77,666 | $11,401 | $66,265 |
| 2014 | -- | $76,707 | $11,260 | $65,447 |
| 2013 | -- | $78,730 | $11,557 | $67,173 |
Source: Public Records
Map
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