$290,000
SOLD JUL 18, 2025
4 Beds
2 Baths
-- Sq Ft
1900 Built

Recently Sold

4% Above List Price

5 Days on Market

About This Home

As of July 2025

Excellent Investment Opportunity in Elgin - 2-flat multiunit offering two units of 2-bedroom, 1-bathroom. Discover this well-maintained property located in the heart of Elgin, offering strong investment potential and versatile living options. Located in a desirable area of Elgin with access to local amenities, schools, and transportation, this property is a smart addition to any investment portfolio or a valuable opportunity for buyers seeking flexibility in their future plans.

Last Agent to Sell the Property

Cesar Estrada

Worth Clark Realty License #475167263 Listed on: 05/23/2025

Worth Clark Realty

Last Buyer's Agent

Dante Castillo

ECG Realty Inc License #471008225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,094

Year Built

  • Built in 1900

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 167 x 133 x 82 x 133 x 52 x 34

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,094

Year Built

Built in 1900

Lot Details

0

Parking

2

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: School Bus Service
  • 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: 2
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Dimensions: 167 X 133 X 82 X 133 X 52 X 34
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7094
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

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
May 23, 2025
Closed on
Jul 16, 2025
Sold by
Chacon Joan F Riano and Riano Johan F
Bought by
Escalona Monn Alden and Suarez Jeraldine Fernando
Seller's Agent
Cesar Estrada
Worth Clark Realty
Buyer's Agent
Dante Castillo
ECG Realty Inc
List Price
$280,000
Sold Price
$290,000
Premium/Discount to List
$10,000
3.57%
Views
85
Current Estimated Value
$302,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,987
Avg. Annual Appreciation
8.79%
Original Mortgage
$275,500
Outstanding Balance
$274,883
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$28,104

Purchase Details

Closed on
Feb 16, 2018
Sold by
Riverside Hope Llc
Bought by
Chacon Joan Riano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,156
Interest Rate
4.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2017
Sold by
Gay Michael and Gay Monsina
Bought by
Riverside Hope Llc

Purchase Details

Closed on
Jun 16, 2017
Sold by
Np
Bought by
Riverside Hope Llc
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 Type Sale Price Title Company
Warranty Deed $290,000 None Listed On Document
Warranty Deed $157,000 Fidelity National Title
Deed $105,000 Chicago Title Insurance Co
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,500 New Conventional
Previous Owner $154,156 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2025 07/18/25 Sold $290,000 +3.6% --
05/28/2025 05/28/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $280,000 0.0% --
12/27/2019 12/27/19 Rented $1,050 0.0% --
12/26/2019 12/26/19 Under Contract -- -- --
11/20/2019 11/20/19 Price Changed $1,050 -12.5% $1 / Sq Ft
10/18/2019 10/18/19 For Rent $1,200 -- --
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 $7,440 $100,964 $20,249 $80,715
2023 $7,094 $91,213 $18,293 $72,920
2022 $6,167 $77,125 $16,680 $60,445
2021 $5,898 $72,107 $15,595 $56,512
2020 $5,731 $68,837 $14,888 $53,949
2019 $5,564 $65,572 $14,182 $51,390
2018 $5,960 $60,280 $13,360 $46,920
2017 $4,730 $56,986 $12,630 $44,356
2016 $4,465 $52,867 $11,717 $41,150
2015 -- $48,458 $10,740 $37,718
2014 -- $47,859 $10,607 $37,252
2013 -- $49,122 $10,887 $38,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12373547

Midwest Real Estate Data (MRED)

APN: 06-12-305-011