Seller's Agent in 2022
James Diestel
Fulton Grace Realty
(630) 660-1586
8 in this area
76 Total Sales
311 N Elm St Itasca, IL 60143
North Itasca Neighborhood
5
Beds
5
Baths
--
Sq Ft
1895
Built
Highlights
- Balcony
- 2 Car Detached Garage
- Forced Air Heating System
- Elmer H Franzen Intermediate School Rated A
- Brick or Stone Mason
About This Home
As of November 2022Seller is in the process of securing new tenants/raising rents at up-to-date market prices ($2,000 for the 2 bed/2bath and $1,600 for the 1 bed/1bath). Not very often do you see a property with historical significance and grandeur such as this magnificent school house from 1895. From its iconic bell tower to the full brick exterior this one of a kind treasure sits as a prominent landmark in the Village of Itasca. The building has been wonderfully converted into four units showcasing old word charm and modern amenities. Each unit features beautifully distressed hardwood floors, breathtaking vaulted beam ceilings, sprawling living area's with large kitchens, brick fireplaces and an abundance of windows for great views and natural light. The basement has a coin operated laundry room and storage areas for each unit. The back side of the property has huge balconies overlooking Itasca Country Club ideal for spring, summer and fall enjoyment and a new roof was put on a couple years back. There is ample parking for tenants, families and friends with 8 parking spots and a detached two car garage. You also can not beat this ideal location being just a block from downtown Itasca with the Metra, restaurants, shopping, Country Club, parks and river walk. Also Itasca is currently going through a downtown redevelopment with renderings that can be found on the Village's website making this an ideal time to invest!!! This is a true trophy property that can be income producing for generations to come!!!
Last Agent to Sell the Property
Fulton Grace Realty License #475140977 Listed on: 05/26/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,835
Year Built
- Built in 1895
Parking
- 2 Car Detached Garage
- Parking Space is Owned
Home Design
- Brick or Stone Mason
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 5 Bathrooms
Schools
- Raymond Benson Primary Elementary School
- F E Peacock Middle School
- Lake Park High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Balcony
- Lot Dimensions are 99x145
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $337
- Fuel Expense $1,020
- Insurance Expense $3,430
- Professional Management Expense $600
- Water Sewer Expense $2,352
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2022 11/03/22 | Sold | $670,000 | -4.3% | -- |
| 07/24/2022 07/24/22 | Pending | -- | -- | -- |
| 06/07/2022 06/07/22 | Price Changed | $699,900 | -6.7% | -- |
| 05/26/2022 05/26/22 | For Sale | $749,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
James Diestel
-
Miki Yoshida
Buyer's Agent in 2022
Miki Yoshida
@ Properties
(630) 561-1445
1 in this area
26 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11415515
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