NOT LISTED FOR SALE

24 S Porter St Elgin, IL 60120

Gifford Park Neighborhood

Estimated Value: $417,000 - $459,000

5 Beds
4 Baths
-- Sq Ft
9,583 Sq Ft Lot Lot

Sale Details

Date Sold: June 4, 2013

Last sale price $81,600

Est. 436% increase in value since last sale

Current estimated payment $3,117 / mo

174 Days on Market

About This Home

As of June 2013

Great investment opportunity in this 4 unit home. Units include hdwd flooring, large room sizes & some with walk-in closets. Property has been rehabbed with laundry connections in basement, central AC in some units, and POSITIVE CASH FLOW FROM DAY 1!! Can be purchased in bulk with 116 College, 326-334 Raymond and 333-335 Raymond.

Last Agent to Sell the Property

Micky Cicchinelli

Chicago PM LLC License #471017869 Listed on: 11/27/2012

Chicago PM LLC

Co-Listed By

Steven Maher

Kinzie Brokerage LLC License #471006472

Last Buyer's Agent

Micky Cicchinelli

Chicago PM LLC License #471017869 Listed on: 11/27/2012

Chicago PM LLC

Property Details

Home Type

  • Other

Year Built

  • 1900

Lot Details

  • 9,583

Home Design

  • Slab Foundation
  • Cedar

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • Parking Available
  • Parking Space is Owned

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Net Operating Income $15,600

Property Details

Home Type

Other

Year Built

1900

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Two to Four Units
  • Type-Multi: 4 Flat
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Number Of Rooms: 14
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 5

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar

Garage/Parking

  • Number of Cars: 4
  • Parking: Space/s
  • Number Parking Spaces: 4
  • Parking On Site: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 46

Lot Info

  • Lot Dimensions: 60X166

Rental Info

  • Gross Rental Income: 31200

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 4
  • Net Operating Income: 15600

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 4, 2022
Sold by
Bought by
Current Estimated Value
$437,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,262
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2021
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
$365,262
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2016
Sold by
Bought by

Purchase Details

Listed on
Nov 27, 2012
Closed on
Jun 3, 2013
Sold by
Bought by
Seller's Agent
Micky Cicchinelli
Chicago PM LLC
Buyer's Agent
Micky Cicchinelli
Chicago PM LLC
List Price
$117,500
Sold Price
$81,600
Premium/Discount to List
-$35,900
-30.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%

Purchase Details

Closed on
Jan 27, 2011
Sold by
Bought by

Purchase Details

Closed on
May 18, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 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
$336,000
Interest Rate
10.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2005
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
$215,650
Interest Rate
8.2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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

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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

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
$372,000 First American Title
-- None Listed On Document
$339,000 Chicago Title Ins Co
$507,500 Attorneys Title Guaranty Fun
-- None Available
$175,000 Stewart Title Company
-- None Available
$420,000 Atg
$227,000 Fatic
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 $365,262
Previous Owner $336,000
Previous Owner $215,650
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
06/04/2013 06/04/13 Sold $81,600 0.0% --
05/20/2013 05/20/13 Pending -- -- --
02/28/2013 02/28/13 Off Market $81,600 -- --
11/27/2012 11/27/12 For Sale $117,500 -- --
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 $9,097 $113,666 $16,747 $96,919
2023 $8,754 $102,689 $15,130 $87,559
2022 $7,490 $86,377 $13,796 $72,581
2021 $7,205 $80,756 $12,898 $67,858
2020 $7,031 $77,094 $12,313 $64,781
2019 $6,859 $73,437 $11,729 $61,708
2018 $6,030 $60,889 $11,049 $49,840
2017 $5,920 $57,562 $10,445 $47,117
2016 $5,695 $53,402 $9,690 $43,712
2015 -- $48,948 $8,882 $40,066
2014 -- $48,343 $8,772 $39,571
2013 -- $49,618 $9,003 $40,615
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Micky Cicchinelli

    Chicago PM LLC

    Section Image
  • Steven Maher

    Seller Co-Listing Agent in 2013

    Steven Maher

    Kinzie Brokerage LLC

    (847) 208-4450

    17 Total Sales

    Steven Maher
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08225962

Midwest Real Estate Data (MRED)

APN: 06-13-404-013

Illinois Kane County Elgin 60120 Gifford Park

24 S Porter St, Elgin, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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