2S114 Harter Rd Elburn, IL 60119
Estimated payment $4,264/month
About This Home
Kaneville was incorporated in 1836, there are several original structures in and around the area. It's a quaint town with a small "general" store directly kitty-corner to the property. There is a post office directly across the street, as well as a bank and pre-school. This all brick building was built in 1900 and was used as a school (1912) & feed store just to name a few. This building was converted into apartments years ago. There are 5 apartments: 2 apartments have 2 bedrooms, one bath, 1 apartment is 1 bedroom, 1 bath, 1 apartment is 2 bedrooms, 1 1/2 baths and last is a studio with one bathroom. There is also a 3 car heated garage that is also rented. All apartments are leased with a positive cash flow. Many of the units have been recently updated. This is your chance to own a part of history in a small, well loved town!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,058
Year Built
- Built in 1900
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 120.55x94.48x111.85x139.28
- Corner Lot
Parking
- 6 to 12 Parking Spaces
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
- Membrane Roofing
Interior Spaces
- 4,875 Sq Ft Home
- 2-Story Property
- Exterior Basement Entry
- Fire and Smoke Detector
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- 200+ Amp Service
- Septic Tank
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $2,583
- Fuel Expense $1,829
- Insurance Expense $1,547
- Maintenance Expense $4,540
- Other Expense $680
- Trash Expense $393
- Operating Expense $21,630
- Gross Income $5,095
- Net Operating Income $39,510
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,059 | $125,416 | $26,025 | $99,391 |
| 2023 | $10,042 | $116,840 | $24,245 | $92,595 |
| 2022 | $9,457 | $107,134 | $22,231 | $84,903 |
| 2021 | $9,188 | $102,668 | $21,304 | $81,364 |
| 2020 | $8,972 | $99,129 | $20,570 | $78,559 |
| 2019 | $8,808 | $95,169 | $19,748 | $75,421 |
| 2018 | $8,283 | $86,746 | $18,000 | $68,746 |
| 2017 | $7,759 | $79,358 | $16,467 | $62,891 |
| 2016 | $7,285 | $72,288 | $15,000 | $57,288 |
| 2015 | -- | $67,496 | $14,006 | $53,490 |
| 2014 | -- | $67,496 | $14,006 | $53,490 |
| 2013 | -- | $72,779 | $15,102 | $57,677 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $650,000 | -4.3% | $133 / Sq Ft |
| 10/16/2025 10/16/25 | Price Changed | $679,000 | -2.3% | $139 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $695,000 | -- | $143 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $331,000 | Chicago Title Insurance Comp | |
| Warranty Deed | $212,500 | Chicago Title Insurance Comp |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12363767
APN: 10-26-101-022
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