NOT LISTED FOR SALE

225 E Chicago St Elgin, IL 60120

Downtown Elgin Neighborhood

Estimated Value: $713,429

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 $713,429, approximately $120 per square foot. 225 E Chicago St is a home located in Kane County with nearby schools including Channing Memorial Elementary School, McDade Elementary Classical School, and Ellis Middle 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
$713,429

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
$459,367

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
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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 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 $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

Illinois Kane County Elgin 60120 Downtown Elgin

225 E Chicago St, Elgin, IL

Not Listed for Sale

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