NOT LISTED FOR SALE

312 Lilac Ln Elgin, IL 60123

Estimated Value: $565,000 - $709,000

9 Beds
5 Baths
-- Sq Ft
10,106 Sq Ft Lot

Last Sold May 09, 2022

Last sale price $500,000

Est. 24% increase in value since last sale

Current estimated payment $4,367/month

About This Home

As of May 2022

SOLD DURING PROCESSING

Last Agent to Sell the Property

Ana Torelli

RE/MAX Horizon License #475165877 Listed on: 04/08/2022

RE/MAX Horizon

Last Buyer's Agent

Ana Torelli

RE/MAX Horizon License #475165877 Listed on: 04/08/2022

RE/MAX Horizon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,866

Year Built

  • Built in 1969

Lot Details

  • 10,106

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • Lot Dimensions are 75x135
  • Partially Finished Basement

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,866

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1969
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Basement Description: Partially Finished
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 5
  • Number of Windows: 4
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Wood Frame
  • Foundation Details: Concrete Perimeter
  • List Price: 500000
  • Roof: Composition
  • Exterior Building Type: Brick,Cedar
  • Roof Structure: Hip

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Electric: Fuses
  • Heat/Ventilation: Central Bldg Heat,Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75X135

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5

Multi Family

  • NumberOfUnitsTotal: 5
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 10865.8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2007
Sold by
Sites E Ardene
Bought by
Mackey Michael and Mackey Olga
Current Estimated Value
$619,749
Source: Public Records

Range of Values:

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Average Value
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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
Mackey Michael $403,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $500,000 0.0% --
04/09/2022 04/09/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $500,000 -- --
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 $12,968 $162,040 $31,401 $130,639
2023 $12,479 $146,390 $28,368 $118,022
2022 $11,574 $133,483 $25,867 $107,616
2021 $11,134 $124,797 $24,184 $100,613
2020 $10,866 $119,138 $23,087 $96,051
2019 $10,599 $113,487 $21,992 $91,495
2018 $10,570 $106,912 $20,718 $86,194
2017 $11,059 $107,521 $20,836 $86,685
2016 $11,592 $108,686 $19,330 $89,356
2015 -- $99,621 $17,718 $81,903
2014 -- $98,391 $17,499 $80,892
2013 -- $100,987 $17,961 $83,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11370314

Midwest Real Estate Data (MRED)

APN: 06-22-129-007