Seller's Agent in 2024
Amy Adorno Burley
Executive Realty Group LLC
(630) 881-8221
1 in this area
232 Total Sales
271 Lessenden Place Elgin, IL 60120
Elgin National Watch Historic District NeighborhoodEstimated Value: $381,000 - $415,000
6
Beds
3
Baths
--
Sq Ft
9,104
Sq Ft Lot
Highlights
- Fenced Yard
- 3 Car Detached Garage
- Heating System Uses Steam
- South Elgin High School Rated A-
About This Home
As of March 2024Amazing investment opportunity with this 2 unit rental property grossing $3700/mo!! This property was completely remodeled in 2013 with all new plumbing, electric and cosmetically as well! Huge lot is fenced in with views of Fox River! Great location near Downtown Elgin and Fox River. Property is being sold as/is since the exterior needs some TLC.
Last Agent to Sell the Property
Executive Realty Group LLC License #475138189 Listed on: 02/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,643
Year Built
- Built in 1904 | Remodeled in 2013
Lot Details
- Lot Dimensions are 50x182
- Fenced Yard
Parking
- 3 Car Detached Garage
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Heating System Uses Steam
Community Details
Overview
- 2 Units
Building Details
- Gross Income $44,400
- Net Operating Income $35,957
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2013
Closed on
Nov 27, 2013
Sold by
Fannie Mae
Bought by
Trujillo Juan
Seller's Agent
Kevin Schudel
Buy It Inc
Buyer's Agent
Amy Adorno Burley
Executive Realty Group LLC
List Price
$69,900
Sold Price
$63,900
Premium/Discount to List
-$6,000
-8.58%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,553
Avg. Annual Appreciation
16.72%
Purchase Details
Closed on
Sep 24, 2012
Sold by
Lewis Michael and Lewis Karen
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Dec 2, 1999
Sold by
Hud
Bought by
Lewis Michael and Lewis Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,900
Interest Rate
7.7%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 7, 1996
Sold by
Cygan Donald
Bought by
Kniskern Steven H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.97%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trujillo Juan | $64,000 | Attorneys Title Guaranty Fun | |
| Federal National Mortgage Association | -- | None Available | |
| Lewis Michael | -- | -- | |
| Kniskern Steven H | $145,000 | Century Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lewis Michael | $128,900 | |
| Previous Owner | Kniskern Steven H | $142,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2024 03/19/24 | Sold | $376,000 | +1.6% | -- | |
| 02/05/2024 02/05/24 | Pending | -- | -- | -- | |
| 02/02/2024 02/02/24 | For Sale | $369,900 | +478.9% | -- | |
| 12/06/2013 12/06/13 | Sold | $63,900 | 0.0% | -- | View Prior Sale |
| 11/11/2013 11/11/13 | Pending | -- | -- | -- | |
| 11/06/2013 11/06/13 | Price Changed | $63,900 | -8.6% | -- | |
| 10/30/2013 10/30/13 | For Sale | $69,900 | 0.0% | -- | |
| 10/29/2013 10/29/13 | Pending | -- | -- | -- | |
| 10/28/2013 10/28/13 | For Sale | $69,900 | 0.0% | -- | |
| 10/24/2013 10/24/13 | Pending | -- | -- | -- | |
| 10/07/2013 10/07/13 | Price Changed | $69,900 | -5.5% | -- | |
| 09/05/2013 09/05/13 | For Sale | $74,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $8,085 | $109,029 | $12,910 | $96,119 |
| 2023 | $7,715 | $98,499 | $11,663 | $86,836 |
| 2022 | $6,643 | $82,616 | $10,635 | $71,981 |
| 2021 | $6,356 | $77,240 | $9,943 | $67,297 |
| 2020 | $6,178 | $73,737 | $9,492 | $64,245 |
| 2019 | $6,000 | $70,239 | $9,042 | $61,197 |
| 2018 | $5,979 | $66,169 | $8,518 | $57,651 |
| 2017 | $5,817 | $62,554 | $8,053 | $54,501 |
| 2016 | $5,549 | $58,033 | $7,471 | $50,562 |
| 2015 | -- | $53,193 | $6,848 | $46,345 |
| 2014 | -- | $52,536 | $6,763 | $45,773 |
| 2013 | -- | $53,921 | $6,941 | $46,980 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Adorno Burley
-
Joseph Burley
Seller Co-Listing Agent in 2024
Joseph Burley
Executive Realty Group LLC
(847) 312-4888
1 in this area
149 Total Sales
-
Romeo Lopez
Buyer's Agent in 2024
Romeo Lopez
CENTURY 21 New Heritage West
(847) 834-1434
1 in this area
78 Total Sales
-
Kevin Schudel
Seller's Agent in 2013
Kevin Schudel
Buy It Inc
(847) 833-2337
15 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11972628
APN: 06-24-177-003
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