Seller's Agent in 2020
Phil Reaume
Solid Realty Services, Inc.
(847) 975-9764
1 in this area
33 Total Sales
306 Percy St Elgin, IL 60120
Gifford Park NeighborhoodEstimated Value: $510,688 - $649,000
9
Beds
5
Baths
5,979
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- 4 Fireplaces
- Storage Room
- 1-minute walk to Kiwanis Park
- Laundry Room
- Hot Water Heating System
About This Home
As of December 2020Well maintained 5 unit brick building. Four (2) bedrooms and (1) studio apartment. Beautiful natural wood work, crown molding and non-operable fireplaces. Spacious living room and dining room. Two apartments have had the natural hardwood floors recently refinished. Exterior of building painted June 2020, new boiler January 2020, newer roof-building and garage, four new garage doors July 2020, new carpet in common area July 2020. The building was recently tuck pointed. Four separate unique laundry chutes in each apartment. Four coin operated laundry machines in basement for extra income. Lots of upgrades! Extra storage room for each tenant and a large workshop for the landlord. Positive cash flow, great investment opportunity.
Last Agent to Sell the Property
Solid Realty Services, Inc. License #471003914 Listed on: 07/12/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,338
Year Built
- Built in 1940
Lot Details
- Lot Dimensions are 70 x 102 x 41 x 105
Home Design
- Brick Exterior Construction
- Slate Roof
- Membrane Roofing
- Concrete Perimeter Foundation
Interior Spaces
- 5,979 Sq Ft Home
- 2-Story Property
- 4 Fireplaces
- Storage Room
- Laundry Room
- Partially Finished Basement
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Utilities
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, hot water
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $480
- Fuel Expense $2,566
- Insurance Expense $2,415
- Water Sewer Expense $2,493
- Operating Expense $17,532
- Gross Income $59,688
- Net Operating Income $43,548
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2020
Closed on
Oct 30, 2020
Sold by
Fain Steven D and Fain Sandra B
Bought by
Navtor Llc
Seller's Agent
Phil Reaume
Solid Realty Services, Inc.
Buyer's Agent
Priti Patel
Jameson Sotheby's International Realty
List Price
$470,000
Sold Price
$437,500
Premium/Discount to List
-$32,500
-6.91%
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
$147,422
Avg. Annual Appreciation
5.80%
Original Mortgage
$306,250
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
May 19, 2003
Sold by
Seger Real Estates Llc Of Chicago
Bought by
Fain Steven D and Fain Sandra B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 26, 2001
Sold by
Seger Scott T and Seger Debra A
Bought by
Seger Real Estate Llc
Purchase Details
Closed on
Mar 20, 2001
Sold by
Seger Scott T and Seger Debra A
Bought by
Seger Real Estate I Inc
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 |
|---|---|---|---|
| Navtor Llc | $437,500 | Attorney | |
| Fain Steven D | $321,000 | -- | |
| Seger Real Estate Llc | -- | -- | |
| Seger Scott T | -- | -- | |
| Seger Real Estate I Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Navtor Llc | $306,250 | |
| Previous Owner | Fain Steven D | $272,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2020 12/23/20 | Sold | $437,500 | -6.9% | $73 / Sq Ft |
| 09/09/2020 09/09/20 | Pending | -- | -- | -- |
| 08/13/2020 08/13/20 | For Sale | $470,000 | +7.4% | $79 / Sq Ft |
| 08/07/2020 08/07/20 | Off Market | $437,500 | -- | -- |
| 07/30/2020 07/30/20 | Price Changed | $470,000 | -1.1% | $79 / Sq Ft |
| 07/12/2020 07/12/20 | For Sale | $475,000 | -- | $79 / Sq Ft |
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 | $11,424 | $142,752 | $16,747 | $126,005 |
| 2023 | $10,994 | $128,966 | $15,130 | $113,836 |
| 2022 | $10,197 | $117,595 | $13,796 | $103,799 |
| 2021 | $9,809 | $109,943 | $12,898 | $97,045 |
| 2020 | $9,572 | $104,957 | $12,313 | $92,644 |
| 2019 | $9,338 | $99,978 | $11,729 | $88,249 |
| 2018 | $9,312 | $94,185 | $11,049 | $83,136 |
| 2017 | $9,158 | $89,038 | $10,445 | $78,593 |
| 2016 | $8,810 | $82,603 | $9,690 | $72,913 |
| 2015 | -- | $75,713 | $8,882 | $66,831 |
| 2014 | -- | $74,778 | $8,772 | $66,006 |
| 2013 | -- | $76,750 | $9,003 | $67,747 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Reaume
-
Priti Patel
Buyer's Agent in 2020
Priti Patel
Jameson Sotheby's International Realty
(312) 371-0643
41 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10778952
APN: 06-13-453-017
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