NOT LISTED FOR SALE

Estimated Value: $336,000 - $458,960

6 Beds
4 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold November 14, 2023

Last sale price $400,000

Est. 3% decrease in value since last sale

Current estimated payment $2,688/month

5 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 3-minute walk to James T Gifford Park
  • McDade Elementary Classical School Rated 10
  • Paved or Partially Paved Lot

About This Home

As of November 2023

FANTASTIC, FOUR-UNIT INVESTMENT OPPORTUNITY!! Great money making potential with this building! Fully rented, rare 4-unit building with great rents! The building is a such a fantastic location! Walking distance to downtown Elgin and all it has to offer such as shops, restaurants, public transportation, and so much more! You won't want to miss out on this opportunity! Hurry and schedule your showing today!

Last Agent to Sell the Property

Matt Lysien

Suburban Life Realty, Ltd License #471003181 Listed on: 10/11/2023

Last Buyer's Agent

Enrique Rios

Chicagoland Brokers Inc. License #475160217

Chicagoland Brokers Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,475

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50x80x50x81
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof
  • Cedar

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Channing Memorial Elementary Sch
  • Ellis Middle School
  • Elgin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 3-Story Property
  • Deck

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $1,500
  • Gross Income $60,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,475

Year Built

Built in 1900

Lot Details

0

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,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1500

Schools

  • Elementary School: Channing Memorial Elementary Sch
  • High School: Elgin High School
  • Middle/Junior School: Ellis Middle School

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 50X80X50X81
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • GrossIncome: 60600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Story Unit/s

Tax Info

  • Tax Annual Amount: 6475.26
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Nov 7, 2023
Sold by
Villa Francisco
Bought by
Quinones Eric
Seller's Agent
Matt Lysien
Suburban Life Realty, Ltd
Buyer's Agent
Enrique Rios
Chicagoland Brokers Inc.
List Price
$380,000
Sold Price
$400,000
Premium/Discount to List
$20,000
5.26%
Views
41
Current Estimated Value
$386,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,260
Avg. Annual Appreciation
-1.58%
Original Mortgage
$320,000
Outstanding Balance
$315,519
Interest Rate
8.63%
Mortgage Type
New Conventional
Estimated Equity
$71,221

Purchase Details

Listed on
Oct 25, 2018
Closed on
Dec 5, 2018
Sold by
Jarvis Robert C
Bought by
Villa Francisco
Seller's Agent
Edward Liss
Triton Realty Group LLC
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%
Original Mortgage
$161,250
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2018
Closed on
Nov 26, 2018
Sold by
Dvorin James
Bought by
Jarvis Robert C
Seller's Agent
Edward Liss
Triton Realty Group LLC
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2018
Closed on
Nov 21, 2018
Sold by
Yates Betty V
Bought by
Jarvis Robert C
Seller's Agent
Edward Liss
Triton Realty Group LLC
Buyer's Agent
Matt Lysien
Suburban Life Realty, Ltd
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2007
Sold by
Jarvis Robert C
Bought by
Dvorin James

Purchase Details

Closed on
Jul 11, 2006
Sold by
American Home Mortgage
Bought by
Jarvis Robert C

Purchase Details

Closed on
Jan 20, 2006
Sold by
Hermosura Isidro D and Hermosura Isidro
Bought by
American Home Mortgage

Purchase Details

Closed on
Mar 4, 2005
Sold by
Mondragon Noe and Serrano Berta
Bought by
Hermosura Isidro D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,250
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 26, 2004
Sold by
Zajac Boguslaw and Walega Piotr
Bought by
Wp Condominiums Inc

Purchase Details

Closed on
Oct 27, 2003
Sold by
Union National Bank
Bought by
Zajac Boguslaw and Walega Piotr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2002
Sold by
Blalark Charles
Bought by
Mondragon Noe and Serrano Berta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.79%

Purchase Details

Closed on
Mar 15, 2002
Sold by
Martins Christina and Martins Michelle
Bought by
Union National Bank & Trust Co Of Elgin and Trust #1440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
7%

Purchase Details

Closed on
Apr 1, 2001
Sold by
Martins John R
Bought by
Chavez Rosa and Martins Christina

Purchase Details

Closed on
Mar 14, 1997
Sold by
Stewart Jacqueline
Bought by
Berry Larry and Berry Jaqueline

Purchase Details

Closed on
Aug 29, 1995
Sold by
Martins John R
Bought by
Union National Bank & Trust Co Of Elgin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
7.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Quinones Eric $400,000 Fidelity National Title
Villa Francisco $215,000 Attorneys Title Guaranty Fun
Jarvis Robert C -- Multiple
Jarvis Robert C -- Chicago Title
Dvorin James -- Attorneys Title Guaranty Fun
Jarvis Robert C $178,500 Atg
American Home Mortgage -- None Available
Hermosura Isidro D $275,000 First American Title Ins Co
Wp Condominiums Inc -- --
Zajac Boguslaw $866,000 Stewart Title Company
Mondragon Noe $225,000 --
Union National Bank & Trust Co Of Elgin -- Stewart Title Company
Chavez Rosa $571,000 --
Berry Larry -- Law Title Insurance Co Inc
Union National Bank & Trust Co Of Elgin -- Century Title Co
Martins John R -- Century Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinones Eric $320,000
Previous Owner Villa Francisco $161,250
Previous Owner Hermosura Isidro D $186,250
Previous Owner Zajac Boguslaw $640,000
Previous Owner Mondragon Noe $202,500
Previous Owner Union National Bank & Trust Co Of Elgin $1,320,000
Previous Owner Union National Bank & Trust Co Of Elgin $367,500
Closed Chavez Rosa --
Closed Hermosura Isidro D $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2023 11/14/23 Sold $400,000 +5.3% --
10/17/2023 10/17/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $380,000 +76.7% --
12/07/2018 12/07/18 Sold $215,000 -4.4% -- View Prior Sale
11/03/2018 11/03/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $225,000 -- --
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 $7,869 $98,326 $13,918 $84,408
2023 $7,572 $88,830 $12,574 $76,256
2022 $6,475 $74,676 $11,465 $63,211
2021 $6,229 $69,817 $10,719 $59,098
2020 $6,079 $66,651 $10,233 $56,418
2019 $5,930 $63,490 $9,748 $53,742
2018 $4,631 $52,839 $9,183 $43,656
2017 $4,521 $49,952 $8,681 $41,271
2016 $4,303 $46,342 $8,054 $38,288
2015 -- $42,476 $7,382 $35,094
2014 -- $41,952 $7,291 $34,661
2013 -- $43,058 $7,483 $35,575
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11902081

Midwest Real Estate Data (MRED)

APN: 06-13-304-004