NOT LISTED FOR SALE

312 Healy St Elgin, IL 60120

Estimated Value: $295,000 - $320,000

5 Beds
3 Baths
-- Sq Ft
7,579 Sq Ft Lot

Last Sold March 11, 2024

Last sale price $268,000

Est. 15% increase in value since last sale

Current estimated payment $2,065/month

66 Days on Market

About This Home

As of March 2024

INVESTMENT OPPORTUNITY ALERT! Discover this fantastic large 2-unit flat that generates rental income and includes a valuable 2-car detached garage with extra storage space. It is ideal for seasoned investors and those looking to maximize their property's potential. Three bedrooms in one unit and two bedrooms in the other. Open floor plan on the main level. Located near Downtown Elgin! Hurry, don't wait, will go fast!

Last Agent to Sell the Property

Esther Zamudio

Zamudio Realty Group License #471021065 Listed on: 10/23/2023

Last Buyer's Agent

Robert Alvarado

Realty of America, LLC License #475200167

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,502

Year Built

  • Built in 1900

Lot Details

  • 7,579

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 56 x 135
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,502

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • 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
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 279900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 56 X 135
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 4502.22
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Mar 5, 2024
Sold by
Kottal Matthew
Bought by
Okumus Zeliha and Cavus Talha Dervis
Seller's Agent
Esther Zamudio
Zamudio Realty Group
Buyer's Agent
Robert Alvarado
Realty of America, LLC
List Price
$279,900
Sold Price
$268,000
Premium/Discount to List
-$11,900
-4.25%
Views
308
Current Estimated Value
$307,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,284
Avg. Annual Appreciation
8.75%
Original Mortgage
$254,600
Outstanding Balance
$250,365
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$56,919

Purchase Details

Closed on
Mar 15, 2019
Sold by
Villa J Francisco and Villa Edgar
Bought by
Kirk Kottal Matthew and Kirk Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Villa Fransisco and Villa J Francisco
Bought by
Villa J Francisco and Villa Edgar

Purchase Details

Closed on
Mar 22, 2010
Sold by
Fannie Mae
Bought by
Villa Fransisco

Purchase Details

Closed on
Nov 11, 2009
Sold by
Alonzo Rosa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 29, 2007
Sold by
Alonso Guillermo and Alonso Rosa
Bought by
Alonso Gullermo and Alonso Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
6.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 23, 2005
Sold by
Alonso Rosa and Alonso Juan
Bought by
Alonso Rosa and Alonso Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.57%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 25, 1999
Sold by
Potter Harry and Potter Thomas H
Bought by
Alonso Rosa and Alonso Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,835
Interest Rate
7.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Okumus Zeliha $268,000 First American Title Insurance
Kirk Kottal Matthew $200,000 Chicago Title Insurance Co
Villa J Francisco -- None Available
Villa Fransisco $55,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- Attorneys Title Guaranty Fun
Alonso Gullermo -- Counselors Title Co Llc
Alonso Rosa -- Prime Title Agency
Alonso Rosa -- --
Alonso Guillermo $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okumus Zeliha $254,600
Previous Owner Kirk Kottal Matthew $150,000
Previous Owner Alonso Gullermo $196,800
Previous Owner Alonso Rosa $157,500
Previous Owner Alonso Guillermo $128,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $268,000 -4.3% --
12/29/2023 12/29/23 Pending -- -- --
12/22/2023 12/22/23 For Sale $279,900 0.0% --
12/12/2023 12/12/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $279,900 -- --
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 $5,436 $75,925 $14,199 $61,726
2023 $5,165 $68,593 $12,828 $55,765
2022 $4,502 $57,922 $11,697 $46,225
2021 $4,296 $54,153 $10,936 $43,217
2020 $4,168 $51,697 $10,440 $41,257
2019 $4,599 $49,245 $9,945 $39,300
2018 $4,587 $46,392 $9,369 $37,023
2017 $4,511 $43,857 $8,857 $35,000
2016 $4,339 $40,688 $8,217 $32,471
2015 -- $37,295 $7,532 $29,763
2014 -- $36,835 $7,439 $29,396
2013 -- $37,806 $7,635 $30,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11912000

Midwest Real Estate Data (MRED)

APN: 06-13-457-014