Monica Vargas
GREAT HOMES REAL ESTATE, INC.
(224) 246-8148
178 Total Sales
9 in Near West Elgin
$110K - $280K Price Range
304 South St Elgin, IL 60123
Near West Elgin NeighborhoodEstimated Value: $470,000 - $902,000
12
Beds
12
Baths
7,626
Sq Ft
$86/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Hot Water Heating System
- 4-minute walk to Elgin Station
About This Home
As of August 2018EXTRAORDINARY OPPORTUNITY IN THIS INVESTOR'S DELIGHT MULTI-FAMILY PROPERTY!*** TWO BUILDINGS - 6 UNITS EACH - TWO PINS *** ENJOY THE FRUITS OF YOUR INVESTMENT IN THESE EASY TO MANAGE BUILDINGS! *** ALL UNITS ARE CURRENTLY OCCUPIED *** CURRENT RENT AMOUNTS ARE ON THE LOWER END *** TENANTS PAY ELECTRIC ONLY *** GREAT LOCATION FOR COMMUTERS *** WALKING DISTANCE FROM METRA STATION, BEAUTIFUL DOWN TOWN ELGIN AND OTHER PUBLIC TRANSPORTATION *** HURRY, THIS MONEY MACHINE WON'T LAST! 308 BUILDING WAS BUILT IN 1973 & 308 IN 1910.
Last Agent to Sell the Property
Zamudio Realty Group License #471021065 Listed on: 02/20/2018
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,007
Year Built
- Built in 1973
Lot Details
- 12,540 Sq Ft Lot
- Additional Parcels
Interior Spaces
- 7,626 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Utilities
- Forced Air Heating System
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $746
- Fuel Expense $2,390
- Insurance Expense $4,500
- Trash Expense $1,049
- Water Sewer Expense $4,112
- Operating Expense $12,797
- Gross Income $105,924
- Net Operating Income $93,127
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2019
Sold by
Tongs Brothers Inc
Bought by
Current Estimated Value
Purchase Details
Listed on
Feb 20, 2018
Closed on
Aug 27, 2018
Sold by
Vargas Patricio and Vargas Elvia
Bought by
Vargas Patricio and Vargas Elvia
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Liwen She
Concentric Realty, Inc
List Price
$669,900
Sold Price
$645,000
Premium/Discount to List
-$24,900
-3.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$514,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 18, 2017
Sold by
Vargas Patricio and Vargas Elvia
Bought by
Vargas Patricio and Vargas Elvia
Purchase Details
Closed on
Mar 21, 2006
Sold by
Naaf Theresa J and Naaf Walter E
Bought by
Vargas Patricio and Vargas Elvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 3, 2002
Sold by
Johnston Michael J
Bought by
Theresa J & Walter E Naaf Jr Trust and Rdn Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.62%
Purchase Details
Closed on
Jun 10, 1998
Sold by
Johnston Geraldine M
Bought by
Johnston Michael J
Purchase Details
Closed on
Apr 9, 1996
Sold by
Union National Bank & Trust Co Of Elgin
Bought by
Johnston Geraldine M
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Near West Elgin, IL
-
Monica Vargas
-
Dawn Larsen
Dawn Larsen
Baird & Warner
(386) 888-4346
149 Total Sales
1 in Near West Elgin
$200,000 Price
-
Juana Fuentes
Juana Fuentes
Exclusive Living, Inc
(224) 255-4532
76 Total Sales
1 in Near West Elgin
$209,900 Price
-
Elizabeth Goodchild
Elizabeth Goodchild
Realty of America
(224) 479-1826
470 Total Sales
1 in Near West Elgin
$290,000 Price
-
Ken Bruderle
Ken Bruderle
Responds QuicklySuperior Homes Realty
(224) 347-7415
54 Total Sales
1 in Near West Elgin
$355,000 Price
-
Ernestina Preciado
Ernestina Preciado
RE/MAX 10
(708) 998-4209
166 Total Sales
1 in Near West Elgin
$299,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Attorney | ||
| Vargas Patricio | $645,000 | Attorney | |
| Vargas Patricio | -- | Chicago Title Ins Co | |
| Vargas Patricio | $300,000 | First American Title | |
| Theresa J & Walter E Naaf Jr Trust | $535,000 | -- | |
| Johnston Michael J | $202,000 | Chicago Title Insurance Co | |
| Johnston Geraldine M | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $443,681 | ||
| Previous Owner | Vargas Patricio | $514,000 | |
| Previous Owner | Vargas Patricio | $225,000 | |
| Previous Owner | Theresa J & Walter E Naaf Jr Trust | $428,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/27/2018 08/27/18 | Sold | $645,000 | -3.7% | $85 / Sq Ft |
| 05/26/2018 05/26/18 | Pending | -- | -- | -- |
| 05/01/2018 05/01/18 | For Sale | $669,900 | 0.0% | $88 / Sq Ft |
| 04/28/2018 04/28/18 | Pending | -- | -- | -- |
| 02/20/2018 02/20/18 | For Sale | $669,900 | -- | $88 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $11,351 | $148,781 | $17,760 | $131,021 |
| 2024 | $11,351 | $137,037 | $16,358 | $120,679 |
| 2023 | $10,554 | $123,802 | $14,778 | $109,024 |
| 2022 | $9,789 | $112,886 | $13,475 | $99,411 |
| 2021 | $9,416 | $105,540 | $12,598 | $92,942 |
| 2020 | $9,189 | $100,754 | $12,027 | $88,727 |
| 2019 | $8,964 | $95,974 | $11,456 | $84,518 |
| 2018 | $7,912 | $80,028 | $10,792 | $69,236 |
| 2017 | $8,278 | $80,484 | $10,853 | $69,631 |
| 2016 | $8,729 | $81,846 | $10,069 | $71,777 |
| 2015 | -- | $75,019 | $9,229 | $65,790 |
| 2014 | -- | $74,093 | $9,115 | $64,978 |
| 2013 | -- | $76,047 | $9,355 | $66,692 |
Source: Public Records
Agents Affiliated with this Home
-
Esther Zamudio
Seller's Agent in 2018
Esther Zamudio
Zamudio Realty Group
(847) 508-7500
18 in this area
577 Total Sales
-
Liwen She
LS
Buyer's Agent in 2018
Liwen She
Concentric Realty, Inc
(630) 216-9689
6 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09861937
APN: 06-14-408-012
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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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