NOT LISTED FOR SALE

230-232 N Gifford St Elgin, IL 60120

Estimated Value: $320,000 - $406,000

6 Beds
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold July 22, 2019

Last sale price $212,000

Est. 63% increase in value since last sale

Current estimated payment $2,551/month

3 Days on Market

About This Home

As of July 2019

Very good income producing property, located near downtown Elgin. Home has 2 yr old vinyl siding, new roof on 232 Units. some newer windows and plenty of parking on site. A perfect home for steady income or to use one apartment and get income to help pay for the mortgage. All three apartments are rented and in good condition. Bring you buyers and send us an offer.

Last Agent to Sell the Property

German Hernandez

Hercana Real Estate License #471018904 Listed on: 06/02/2019

Last Buyer's Agent

Christopher Davis

Tanis Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,349

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 66 x 145

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,349

Year Built

Built in 1900

Lot Details

0

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,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 212000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Frame

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 46

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 66 X 145
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5348.66
  • Tax Year: 2018

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Jul 22, 2019
Sold by
Romo Marilu and Juarez Morales Germain
Bought by
Wegiel Pawel
Seller's Agent
German Hernandez
Hercana Real Estate
Buyer's Agent
Christopher Davis
Tanis Group Realty
List Price
$212,000
Sold Price
$212,000
Current Estimated Value
$345,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,344
Avg. Annual Appreciation
9.81%
Original Mortgage
$159,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2011
Sold by
Tcf National Bank
Bought by
Juarez Morales Germain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,165
Interest Rate
4.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 2, 2011
Sold by
Cordova Felipe
Bought by
Tcf National Bank

Purchase Details

Closed on
Aug 28, 2006
Sold by
Flores Reyna
Bought by
Cordova Felipe C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,750
Interest Rate
6.77%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 30, 2003
Sold by
Bello Seferino
Bought by
Flores Reyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,601
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2003
Sold by
Kawa James H
Bought by
Bello Seferino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,601
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Wegiel Pawel $212,000 Attorney
Juarez Morales Germain $105,000 Stewart Title Company
Tcf National Bank -- Stewart Title Company
Cordova Felipe C $275,000 None Available
Flores Reyna $220,000 Multiple
Bello Seferino $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wegiel Pawel $154,000
Closed Wegiel Pawel $159,000
Previous Owner Juarez Morales Germain $100,000
Previous Owner Juarez Morales Germain $89,165
Previous Owner Cordova Felipe C $30,250
Previous Owner Cordova Felipe C $244,750
Previous Owner Cordova Felipe C $30,250
Previous Owner Flores Reyna $216,601
Previous Owner Bello Seferino $125,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $212,000 0.0% --
06/05/2019 06/05/19 Pending -- -- --
06/02/2019 06/02/19 For Sale $212,000 -- --
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 $7,607 $89,239 $12,828 $76,411
2022 $6,507 $75,037 $11,697 $63,340
2021 $6,259 $70,154 $10,936 $59,218
2020 $6,108 $66,973 $10,440 $56,533
2019 $5,398 $63,796 $9,945 $53,851
2018 $5,349 $60,100 $9,369 $50,731
2017 $5,227 $56,816 $8,857 $47,959
2016 $4,982 $52,710 $8,217 $44,493
2015 -- $48,314 $7,532 $40,782
2014 -- $47,718 $7,439 $40,279
2013 -- $48,976 $7,635 $41,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10401202

Midwest Real Estate Data (MRED)

APN: 06-13-131-025