NOT LISTED FOR SALE

230 E Shannon St Elburn, IL 60119

Estimated Value: $385,000 - $441,000

4 Beds
3 Baths
800 Sq Ft
$524/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2025

Last sale price $416,500 $521 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,142 / mo

48 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Detached Garage
  • 4-minute walk to Veterans Memorial Park

About This Home

As of August 2025

OH BOY! Here is an amazingly versatile property!This property consists of a 2-unit 2 story home PLUS a little tiny ranch next door. Keep it as a 3-unit income property! OR.... Live in the tiny home and continue to rent the home next door! OR....Live in one of the units in the 2-flat and rent the other unit, and the home next door! OR...Live in the tiny home and convert to 2 flat to an amazing single family home, THEN rent out the tiny home!! You could even rent the 3 car garage! Endless options here! The 2 story home has an incredibly gorgeous staircase and beautiful woodwork from days gone by. RECENT MAJOR UPDATES AS FOLLOWS: New siding and doors on garage 2025|New gutters on big house and garage 2025|New water heater for lower unit in 2 unit home 2025| New furnace in ranch house 2024| New plumbing for bathroom and kitchen sink in ranch house 2023|New roof and siding on both houses 2023|New furnace on 2 story house 2021|New floor in lower unit of 2 unit house 2020 *Full basement in 2-unit, 2 story home. Smaller ranch home is on a slab. *Laundry hookups in basement but tenants supply their own washers/dryers. This is a great opportunity to get into the income-property arena, or to just add another to your portfolio. *All units currently month to month. *AS IS sale*

Last Agent to Sell the Property

Teresa Keenan

eXp Realty - Geneva License #471008502 Listed on: 06/09/2025

eXp Realty - Geneva

Last Buyer's Agent

Dale Weber

Legacy Properties, A Sarah Leonard Company, LLC License #475207588

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,233

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Victorian Architecture
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 100 x 130

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,233

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch, Victorian
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Water Heater-Gas
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

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

Lot Info

  • Lot Dimensions: 100 X 130
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 10233
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

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

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

Listed on
Jun 9, 2025
Closed on
Aug 22, 2025
Sold by
Bought by
Seller's Agent
Teresa Keenan
eXp Realty - Geneva
Buyer's Agent
Dale Weber
Legacy Properties, A Sarah Leonard Company, LLC
List Price
$424,900
Sold Price
$416,500
Premium/Discount to List
-$8,400
-1.98%
Views
107
Current Estimated Value
$419,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,670
Avg. Annual Appreciation
0.78%
Original Mortgage
$395,675
Outstanding Balance
$395,334
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$23,836

Purchase Details

Closed on
Jun 20, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.01%
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
$416,500 Old Republic Title
-- North American Title Co
$209,000 Chicago Title Insurance Co
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
Open $395,675
Previous Owner $220,000
Previous Owner $167,200
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
08/26/2025 08/26/25 Sold $416,500 -2.0% $521 / Sq Ft
07/27/2025 07/27/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $424,900 -- $531 / Sq Ft
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
2024 $10,534 $124,964 $14,616 $110,348
2023 $10,233 $112,783 $13,191 $99,592
2022 $9,172 $97,984 $12,106 $85,878
2021 $8,898 $93,783 $11,587 $82,196
2020 $8,759 $91,585 $11,315 $80,270
2019 $8,773 $90,241 $11,149 $79,092
2018 $6,773 $68,239 $11,149 $57,090
2017 $6,780 $67,463 $11,022 $56,441
2016 $6,135 $59,257 $10,731 $48,526
2015 -- $52,379 $10,312 $42,067
2014 -- $52,970 $11,475 $41,495
2013 -- $52,970 $11,475 $41,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12388380

Midwest Real Estate Data (MRED)

APN: 11-05-107-012

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