NOT LISTED FOR SALE

250 Michigan St Elgin, IL 60120

Downtown Elgin Neighborhood

Estimated Value: $183,000 - $221,000

4 Beds
2 Baths
-- Sq Ft
1,742 Sq Ft

Last Sold July 02, 2016

Last sale price $38,000

Est. 434% increase in value since last sale

Current estimated payment $1,290/month

78 Days on Market

About This Home

As of July 2016

SEPARATE ELECTRIC AND GAS, NEWER FURNACES. CASH ONLY PLEASE TAXES PRORATED AT 100%, NO DISCLOSURES, NO SURVEY.

Last Agent to Sell the Property

Mary Roberts

Berkshire Hathaway HomeServices Starck Real Estate License #471014196 Listed on: 04/04/2016

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Art Zamudo

Casablanca License #471004482

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 29x72

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

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: None
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Parking: None

Utilities

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 29X72
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 2557.1
  • Tax Year: 2015
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 22, 2016
Sold by
Mtglq Investors Lp
Bought by
Espinoza Maria and Espinoza Alehandra
Seller's Agent
Mary Roberts
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Art Zamudo
Casablanca
List Price
$49,900
Sold Price
$38,000
Premium/Discount to List
-$11,900
-23.85%
Current Estimated Value
$202,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,859
Avg. Annual Appreciation
19.00%

Purchase Details

Closed on
Feb 24, 2016
Sold by
Mtglq Investmentors L P
Bought by
Mtgtq Investors Lp
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

Date Buyer Sale Price Title Company
Espinoza Maria $38,000 Chicago Title Ins Co
Mtgtq Investors Lp -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2016 07/02/16 Sold $38,000 -15.6% --
06/21/2016 06/21/16 Pending -- -- --
05/22/2016 05/22/16 Price Changed $45,000 -9.8% --
04/04/2016 04/04/16 For Sale $49,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $2,970 $45,106 $6,278 $38,828
2023 $2,792 $40,750 $5,672 $35,078
2022 $2,450 $34,249 $5,172 $29,077
2021 $2,321 $32,020 $4,835 $27,185
2020 $2,241 $30,568 $4,616 $25,952
2019 $2,159 $29,118 $4,397 $24,721
2018 $2,119 $27,431 $4,142 $23,289
2017 $2,050 $25,932 $3,916 $22,016
2016 $2,566 $24,058 $3,633 $20,425
2015 -- $22,051 $3,330 $18,721
2014 -- $21,779 $3,289 $18,490
2013 -- $22,354 $3,376 $18,978
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mary Roberts

    Berkshire Hathaway HomeServices Starck Real Estate

    Section Image

  • A

    Buyer's Agent in 2016

    Art Zamudo

    Casablanca

    (847) 514-0900

    48 Total Sales

    Art Zamudo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09185462

Midwest Real Estate Data (MRED)

APN: 06-13-379-012

Illinois Kane County Elgin 60120 Downtown Elgin

250 Michigan St, Elgin, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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