NOT LISTED FOR SALE

Estimated Value: $305,625 - $318,000

4 Beds
2 Baths
-- Sq Ft
6,229 Sq Ft Lot

Last Sold January 26, 2023

Last sale price $265,000

Est. 23% increase in value since last sale

Current estimated payment $2,285/month

7 Days on Market

About This Home

As of January 2023

Great Investment Property! Positive Cash Flow! Brick 2 Flat with 2 Bedroom 1 Bathroom units with 1 Car Attached Garage. Full Basement. Various updates through the years. Solid rent roll with little vacancy. Part of 27 Building Investment Portfolio in Elgin. Will be sold with 21 and 29 Crighton as a package deal. Owner prefers to sell in groups but will sell individually.

Last Agent to Sell the Property

Rudy Johnson

Keller Williams Inspire - Geneva License #475139695 Listed on: 12/09/2022

Keller Williams Inspire - Geneva

Co-Listed By

Sharon Mennerick

HomeSmart Connect LLC License #475134295

Last Buyer's Agent

Leticia Lara

HomeSmart Connect LLC License #475143881

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,499

Year Built

  • Built in 1948 | Remodeled in 2000

Lot Details

  • 6,229

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 50 x 128

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $23,400
  • Net Operating Income $16,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,499

Year Built

Built in 1948 | Remodeled in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1948
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2000
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Lot Info

  • Lot Dimensions: 50 X 128
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Net Operating Income: 16400
  • GrossIncome: 23400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 5498.72
  • Tax Year: 2021
  • Tax Exemptions: None

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 17, 2023
Sold by
Ann L Mapes Trust and Donald L Mapes Trust
Bought by
Gomez Oscar
Seller's Agent
Rudy Johnson
Keller Williams Inspire - Geneva
Buyer's Agent
Leticia Lara
HomeSmart Connect LLC
List Price
$265,000
Sold Price
$265,000
Views
85
Current Estimated Value
$325,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,898
Avg. Annual Appreciation
5.90%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gomez Oscar $530,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2023 01/26/23 Sold $265,000 0.0% --
12/17/2022 12/17/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $265,000 -- --
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
2024 $6,936 $86,667 $13,630 $73,037
2023 $6,674 $78,297 $12,314 $65,983
2022 $5,716 $65,923 $11,228 $54,695
2021 $5,499 $61,633 $10,497 $51,136
2020 $5,366 $58,838 $10,021 $48,817
2019 $5,235 $56,047 $9,546 $46,501
2018 $5,220 $52,800 $8,993 $43,807
2017 $5,134 $49,915 $8,502 $41,413
2016 $4,939 $46,308 $7,888 $38,420
2015 -- $42,445 $7,230 $35,215
2014 -- $41,921 $7,141 $34,780
2013 -- $43,026 $7,329 $35,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11679390

Midwest Real Estate Data (MRED)

APN: 06-14-327-004